Answer:
$198
Explanation:
Two brothers Mark and Rick each inherit $6,000
Mark invests his money in a savings account with an annual return of 2.5%
After one year the interest payment that will be received by Mark can be calculated as follows
= $6,000 × 2.5/100
= $6,000 × 0.025
= $150
Rick invests his portion of the money in a CD paying 5.8% annually
The amount of interest that will be received by Rick after one year can be calculated as follows
= $6,000 × 5.8/100
= $6,000 × 0.058
= $348
Therefore the amount of money that Rick has over Mark after a period of one year can be calculated as follows
= $348-$150
= $198
Hence Rick has $198 more than Mark after one year
The answer to your question is True
Hope I helped! Plz mark brainliest! Have an awesome day!
Answer:
$4,320
Explanation:
Calculation for the amount to be recorded as depreciation expense at December 31, 2022
Using this formula
Depreciation expense at December 31, 2022=[(Factory equipment - Salvage value) ÷ 10]× 9/12
Let plug in the formula
Depreciation expense at December 31, 2022=[($69,600 - $12,000) ÷ 10] × 9/12
Depreciation expense at December 31, 2022=$5,760×9/12
Depreciation expense at December 31, 2022=$4,320
Note that 1 April 2022 to 31st December 2022 will give us 9months
Therefore Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2022 is:$4,320
Answer:
Missing word <em>"Tax rate is 34 percent"</em>
Date Particulars Debit Credit
Deferred tax asset (884,500*34%) $300,730
Deferred tax benefit $300,730
(To record the deferred tax consequences of the current year NOL)
Deferred tax asset (192,000*34%) $65,280
Deferred tax benefit $65,280
(To record the deferred tax consequences of the depreciation)
There are quite a few reasons that this difference could be
observed. The lower black median age could be connected to the greater number
of births in the black minority group than in the whites. Another reason could
be the aging of the non-Hispanic white group to a post child-bearing age and consequently
the general aging of this subgroup of the population. In general, differences
in group medians are due to the distribution of ages and the observed range of
the ages in the two dissimilar population groups.
