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Nookie1986 [14]
3 years ago
10

16. A government constructed a bridge 20 years ago at a cost of $30 million. The replacement cost of the bridge today would be $

90 million. The bridge has a useful life of 60 years. In its government- wide statements the government should record the bridge at a value, net of accumulated depreciation, of: a. $20 million b. $60 million c. $90 million d. $0
Business
1 answer:
Contact [7]3 years ago
8 0

Answer:

$20 million

Explanation:

The net of accumulated depreciation is the cost of the road minus accumulated depreciation till date.

Accumulated depreciation=yearly depreciation* 20 years

yearly depreciation=cost/useful life

cost is $30 million

useful life is 60 years

yearly depreciation=$30 million/60 years=$500,000 per yer

accumulated depreciation=$500,000*20=$10 millon

net of accumulated depreciation=$30 million-$10 million

net of accumulated depreciation=$20 million

As a result,option A is the correct answer

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<h3>What is unemployment rate?</h3>

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The labor force is the total number of people who are employed and unemployed. A low unemployment rate has the impact of lowering business productivity, whereas a high unemployment rate has the effect of increasing business productivity.

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Answer:

b. $307,000

Explanation:

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Cost reconciliation report shows what costs need to be accounted for in a month and the manner in which they are actually accounted for.

It is a step in preparation of production report which shows how beginning work in process inventory and the costs which are added to production during the period are recorded.

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When information taken in through the senses is organized and understood, the process is referred to as _______?
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Total of months:

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