Answer:
$6,414.271
Explanation:
Principal ( Initial deposit) = $2,000
Interest rate = 6% annually = 6/100 = 0.06
Period (Time ) = 20 years.
Number of times it earned (n) = annually (yearly)
Formula to be used =
A = P( 1 + r/n)^nt
A = $2,000( 1 + 0.06/1) ^ 1×20
A = $2,000(1.06) ^20
A = $6,414.271
The total amount on investment in 20 years = $6,414.271
Answer:
100% Bonus Depreciation:
a. Year 1 = $565,000
b. Year 2 = $0
Explanation:
a) Data and Calculations:
Cost of CNC Machine = $600,000
Salvage value = $35,000
Depreciable amount = $565,000 ($600,000 - $35,000)
100% Bonus Depreciation:
Year 1 = $565,000
Year 2 = $0
b) The 100% bonus depreciation is not limited to the firm's taxable income. The firm can carry back loss arising from 100% bonus depreciation to previous year's income and also carry any unused loss forward to deduct against future income.
All the rest of the counties since when they do currency exchange their value of monewy is higher and they have to pay less
Answer:
Net profit=$86
Explanation:
This can be expressed as;
Net profit=Earnings-Total buying price-Expenses
where;
1. Earnings=Total earnings from Soft drinks sale+Total earnings from ice cream sale
Total earnings from soft drinks sale=(100×1)=$100
Total earnings from ice cream sale=(90×1.5)=$135
Earnings=100+135=$235
2. Total buying price=Total expense from buying of Soft drinks+Total expense from buying of ice cream
Total expense from buying of Soft drinks=(0.5×100)=50
Total expense from buying of ice cream=(75/100)×90=67.50
Total buying price=(50+67.50)=$117.50
3. Expenses=$31.50
Replacing;
Net profit=235-117.50-31.50=$86
Net profit=$86
The company approaches said Youtuber, offering sponsorships, and it is up to the Youtuber to accept or decline
