Serve the navy load planes and stuff, then be a manager and quit ur job for like 3 months at a time
continue that for like 20 years and leave.Then wait 4 ur paycheck at the end of the month
live in luxury, moar checks coming
Answer:
Cost of the VAN <em>$53.298</em>
Explanation:
We have to enter the van as the cost for a cash purchase and all other neccesary cost to get the van ready for use and in company's possesion.
The financing cost (interest) should be excluded as are not part of the cost the company can chose to take them or not.
list x reduction = invoice
invoice less discount = cash price
60,000 x (1 - 0.13) x (1 - 0.01) = 51.678
to this, we add up the sales tax and the extra cost for the device
51,678 + 860 + 760 = <em>53.298</em>
Answer:
$8,750
Explanation:
The computation of the depreciation expense under the straight-line method is shown below:
= (Original cost - salvage value) ÷ (useful life)
= ($160,000 - $10,000) ÷ (10 years)
= ($150,000) ÷ (10 years)
= $15,000
In this method, the depreciation is same for all the remaining useful life\
Now for the 7 months, the depreciation expense would be
= $15,000 × 7 months÷ 12 months
= $8,750
The 7 months is computed from July 1 to December 31
Answer:
$49.01 per Share
Explanation:
We can find the value of the unit share of company that will be dissolved at the end of year 2 by using the following formula:
<u>Current Price per Share = Value of Firm Today (Step1) / Number of Shares</u>
= $1,862,345 / 38,000 shares
= $49.01 per Share
<u></u>
<u>Step 1: Find the value of the firm in today's price by using the discounting technique</u>
Value of Firm Today = Cash Flow for Year 1 / (1+r)^1 + Cash Flow for Year 2 / (1+r)^2
= $860,000 / (1 + 11%)^1 + $1,340,000 / (1 + 11%)^2
= $774,774 + $1,087,571
= $1,862,345
