Answer:
b. $17600
Explanation:
The computation of the amount of depreciation expense for the year 2022 is shown below:
But before that first we have to find out the per hour rate which is
Units-of-production method:
= (Original cost - residual value) ÷ (estimated production)
= ($216,000 - $40,000) ÷ (55,000 hours)
= ($176,000) ÷ (55,000 hours)
= $3.2 per hour
Now for the 2022 year, it would be
= Machine runs in 2022 year × depreciation per hour
= 5,500 hours × $3.2
= $17,600
Answer:
$1,000,000
Explanation:
The computation of the Capital Projects Fund liability for the note is shown below:
= Issued price
= $1,000,000
The time period should be ignored. As the question has asked about the Capital Projects Fund liability , so we consider only the amount i.e $1,000,000 without considering its time period, and the dates which are mentioned in the question.
Answer: $15,400,000
Explanation:
The fees paid to the fund's investment managers during the year would simply be the Management fee of 0.7% of the average daily assets. The expense ratio refers to other adminstrative expenses.
= 2,200,000,000 * 0.7%
= $15,400,000
Answer:
3.73%
Explanation:
The computation of the rate of interest that makes the equivalent is shown below:
As we know that
Present value=Cash flow × Present value discounting factor ( interest rate% , time period)
Let us assume the interest rate be x
where,
Present value of $400,000 is
= $400,000 ÷ 1.0x ^5
And,
Present value of $1,000,000 be
= $1,000,000 ÷ 1.0x^30
Now eqaute these two equations
$400,000 ÷ 1.0x^5 = $1,000,000 ÷ 1.0x^30
(1.0x^30) ÷ (1.0x^5) = $1,000,000 ÷ $400,000
1.0x^(30 - 5)=2.5
1.0x^25=2.5
1.0x = (2.5)^(1 ÷ 25)
x =1.03733158 - 1
= 3.73%
Answer:
Short run aggregate supply curve is flat ( A )
Explanation:
The special case of the AS-AD following the IS-LM is that the short run aggregate supply curve is flat
This is because in an AS-AD model the price level is constant and AD represents an equilibrium point along IS-LM model, hence the price been constant, shows that in short run aggregate supply curve will be flat.
