Answer:
$1,969,600
Explanation:
Total cost to be capitalized = $9,800,000 + $48,000
= $9,848,000
Useful life = 5 years
Using straight line method
Depreciation expense = $9,848,000/5
= $1,969,600
The depreciation expenses associated with this machine amounts to $1,969,600.
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Answer:
A) Delegate authority but not responsibility
Explanation:
Authority can be delegated, but not responsibility.
Terrence can give Emma the authority to decide on what will happen to their new promotional project, but if something goes wrong Terrence will be responsible for the failure of the new project. Also if things go smoothly and their new project is very successful, Terence will be responsible for the success of the new project.
Answer:
The value of the stock is $28.57
Explanation:
Data provided in the question:
Dividend paid at the end of the year, D1 = $2.00 per share
Increase in dividend = $1.50 per share
Growth rate, g = 5% = 0.05
Required rate of return = 12% = 0.12
Now,
Price with constant Dividend Growth model = D1 ÷ ( r - g )
= $2 ÷ ( 0.12 - 0.05 )
= $28.57
Hence,
The value of the stock is $28.57