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agasfer [191]
4 years ago
14

Who knows what the correct answer is?

Business
1 answer:
malfutka [58]4 years ago
7 0
Acceptance is the answer                   
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Beckman Enterprises purchased a depreciable asset on October 1, Year 1 at a cost of $120,000. The asset is expected to have a sa
AysviL [449]

Answer: 50400

Explanation:

- Straight-line rate= 100%/ 5 years= 20%

- Double declining Expense= 20% x 2= 40%

From Oct1 to Dec 31 is 9 months/ 12 months a year

- Depreciation Expense year 1= $120000x 0.4x 9/12= $36000

- Book value year 1= beginning year 2= $120000-$36000= $84000

- Book value year 2= $84000- ($84000x0.4)= $50400

8 0
3 years ago
Your company wants to set aside a fixed amount every year to a sinking fund to replace a piece of industrial equipment costing $
olga2289 [7]

Answer:

$4,5243.63

Explanation:

Data provided in the question:

Future value = $250,000

Interest rate = 5% = 0.05

Time = 5 years

Now,

Future value = C\times\left[ \frac{(1+i)^{n}-1}{i} \right]

here,

C = Regular deposit amount

i = Interest rate per period

n = number of periods

Future value = C\times\left[ \frac{(1+i)^{n}-1}{i} \right]

or

$250,000 = C\times\left[ \frac{(1+0.05)^{ 5}-1}{ 0.05} \right]

$250,000 = C\times\left[ \frac{ 1.05^{ 5}-1}{ 0.05} \right]

$250,000 = C\times\left[ \frac{ 1.276282 - 1}{ 0.05} \right]

$250,000 = C × 5.52564

or

C = \frac{ 250000 }{ 5.52564 }

C = $4,5243.63

7 0
4 years ago
Bramble Corp. purchased a delivery truck for $38,800 on January 1, 2019. The truck has an expected salvage value of $1,800, and
Debora [2.8K]

Answer:

Depreciable cost per mile= $0.37

Explanation:

Giving the following information:

Purchase price= $38,800

Salvage value= $1,800

Expected to be driven 100,000 miles over its estimated useful life.

<u>To calculate the depreciable cost per mile, we need to use the following formula:</u>

Depreciable cost per mile= (original cost - salvage value)/useful life of production in miles

Depreciable cost per mile= (38,800 - 1,800)/100,000

Depreciable cost per mile= $0.37

6 0
4 years ago
the opportunity cost of going to a movie is: the money spent on the ticket only. all of the other movies that could have been se
labwork [276]

the opportunity cost of going to a movie is: the total cash expenditure needed to go to the movie plus the value of your time.

What you forgo in order to get a thing is its opportunity cost. In this situation, the opportunity cost of attending a movie comprises both the overall cost of admission and the value of the time you forwent to see the film.

<h3>What is an example of opportunity cost?</h3>

Opportunity costs give decisions that appear simple context. Think about the price of graduate school. By adding up the price of tuition, board, books, and other educational expenses over the necessary number of years at your top-choice university, you might theoretically calculate this cost. Let's zoom in though. What other options are there? First of all, you shouldn't even think about paying for room and board because you'll need to do so regardless of whether you go graduate school (unless you're moving back into your mother's basement). Additionally, by choosing to go graduate school, you forgo the money you would have earned had you chosen to start working after receiving your bachelor's degree.

To learn more about opportunity cost from given link

brainly.com/question/1549591

#SPJ4

4 0
2 years ago
Understanding the purpose of your research project will assist you in
Phoenix [80]
I don't understand what your asking?

7 0
3 years ago
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