Answer:
It would go down the roof and off the edge (eventually), since the roof is tilted.
Answer:
Depreciation Expense for 2018; $10,528.57
Explanation:
On January 2, 2016
machine cost = $100,000
Useful life = 10 years
Annual depreciation = ($100,000 - $6000)/10
= $9,400
By early 2018,
Carrying amount of the machine
= $100,000 - 2($9,400)
= $100,000 - $18,800
= $81,200
Useful life is reassessed to 7 years (rather than 8) with a salvage value of $7,500
Annual Depreciation = ($81,200 - $7,500)/7
= $73,700/7
= $10,528.57
Depreciation Expense for 2018; $10,528.57
Answer:
$37.79
Explanation:
The computation of the stock price is shown below:
Data given in the question
Next year dividend = $3.25
Growth rate = 3.5%
Required rate of return = 12.1%
So, the stock price is
= Next year dividend ÷ (Required rate of return - growth rate)
= $3.25 ÷ (12.1% - 3.5%)
= $3.25 ÷ 8.6%
= $37.79
We simply apply the above formula to find out the stock price
Answer:
$36,230
Explanation:
Month 1 Month 2 Month 3 Month 4
60,000 70,000 50,000 30,000
Calculation for receipts in Month 4:
9000 30% cash in the same month(30000*30%)
12600 60% credit in the same month
(30000*70%*60%
8750 25% in month following sales
(50000*70%*25%)
<u>5880</u> 12% second month following sales
(70000*70%*12%)
<em>36,230</em>
<em></em>
<em>I hope I made myself clear buddy.</em>
<em>Best of Luck.</em>
