Answer:
2017 = $2,587.50
2018 = $10,350
Explanation:
The computation of the depreciation expense using the straight line method for the year 2017 and 2018 are shown below:
As we know that
The formula to compute the depreciation expense under the straight-line method is
= (Purchased Cost - salvage value) ÷ useful life
For 2017 year
= ($80,360 - $7,910) ÷ 7 year
= $10,350
For 3 months, it is
= $10,350 × 3 ÷ 12
= $2,587.50
And, for 2018, it is $10,350
Answer:
Types of Law Careers. Banking and Insurance: Administrative Law Officer, Specialist Law Office. Public Prosecutor. State-Level or Local-Level Judge.
<h3>
<u>PLEASE</u><u> </u><u>MARK</u><u> ME</u><u> BRAINLIEST</u><u>.</u></h3>
Answer:
The answer is: net economic loss = -$750
Explanation:
To determine the economic gain or loss of this investor we can use the following formula:
economic loss = {[(current stock price - future stock price) x number of stocks] + [(future stock price - strike value) x number of stocks]} - cost of call option
economic loss = {[($45 - $54) x 100] + [($54 - $50) x 100]} - $250 =
economic loss = [(-$9 x 100) + ($4 x 100)] - $250 = (-$900 + $400) - $250
economic loss = -$500 - $250 = -$750
Answer:
D) the speakers only
Explanation:
UCC rules state that contracts sales or lease contracts must be in writing only when:
- the contract for the sale of goods must be worth at least $500 (only the speakers cost more than $500)
- leasing contracts worth at east $1,000
*If the parties involved are merchants, this rules might vary.