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3 years ago

Most assets a business has will eventually depreciation. a. True b. False

Business

2 answers:

dybincka [34]3 years ago

8 0

Your answer is going to be true.

yaroslaw [1]3 years ago

4 0

That statement is true

Depreciation would cause the monetary value of the assets to decrease steadily the longer the business hold the assets.

The only exception for this is the assets that has unlimited useful life and would most likely to become more expensive in the future. (such as lands)

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You just inherited ?$12 comma 00012,000. while you plan to squander some of it? away, how much should you deposit in an account

soldier1979 [14.2K]

44% annual interest sounds too good to be true, but we'll work with it.
Don't know exactly how much is <span>$12 comma 00012,000.
I will work with $1,000,000 (one million). You can scale the results to the right amounts.

Future value = $1,000,000
i=0.44
n=88
Present value=$1,000,000/(1+0.44)^88=$1.159*10^(-8), not even one cent!

However, if the interest rate is 4% for 88 years (more likely), then
Present value=F/(1.04^88)=1,000,000/1.04^88=$317,000.50.
That's the amount you need to put in today to get $1000000 in 88 years at 4% APR (compounded annually).</span>

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3 years ago

You are considering an investment in a startup that will cost $100,000 but you will receive a cash inflow of $25,000 every year

bulgar [2K]

Answer:

Simple payback is 4 years

Total discounted Payback is more than the 5 years which is the payback cutoff period.

Explanation:

Payback period is the time period in which the project recovers the initial cost incurred. Lower the payback period the more beneficial will be the project.

Simple payback = $100,000 / $25,000 = 4 years

Discounted Payback

Discounted payback is calculated by using the present value of future cash flows.

Total discounted cash flows = 22935.78 + 21042.0 + 19304.59 + 17710.63 + 16248.28 = 97,241.28

As sum of all cash flows are less than the initial investment so, total discounted Payback is more than the 5 years which is the payback cutoff period.

8 0

3 years ago

On April 1st, Bob the Builder entered into a contract of one-month duration to build a barn for Nolan. Bob is guaranteed to rece

hichkok12 [17]

Answer:

a) What is the expected transaction price with variable consideration estimated as the expected value?

original cost $5,800 if job is finished in one month (15% probability)
bonus price for finishing 2 weeks earlier $5,800 x 1.25 = $7,250 (25% probability)
bonus price for finishing 1 week earlier $5,800 x 1.15 = $6,670 (60% probability)

expected transaction price = ($5,800 x 15%) + ($7,250 x 25%) + ($6,670 x 60%) = $6,684.50

b) What is the expected transaction price with variable consideration as the most likely amount?

$6,670, since it has a 60% probability

3 0

3 years ago

Beachside Coffee Shop, in an effort to streamline its accounting system, has decided to utilize a cash receipts journal in its o

Kisachek [45]

Answer:

the available options for the question are,

A. Cash Cr. $18, Food Revenue Dr. $18,

B. Cash Dr. $18, Food Revenue Dr. $18

C.Cash Dr. $18, Food Revenue Cr. $18

D. Cash Cr. $18, Food Revenue Cr. $18

and the correct answer is C.Cash Dr. $18, Food Revenue Cr. $18

Explanation:

the answer is simple. once they implement the accounting system, all the transaction will have at least a double entry.

when a cash sale is made for $18, this is a revenue stream for the business, while the cash balance of the business increases as well. Revenue account is an income and an increase in income is treated as increase in credit while the cash balance is an asset, and the increase of the asset is treated as a debit.

if you look at options A, B and D, all of these transactions are either mixed up or have both credits or debits which is wrong, because of this, only the answer C is correct.

5 0

3 years ago

Can I Plss get some help on this

Verdich [7]

Based on the inflation rate and the fact that it is rising, the right recommendation would be to A. raise the reserve ratio.

<h3 /><h3>How can you decrease inflation?</h3>

Inflation can be reduced when the reserve ratio is raised because it will reduce the amount of money that banks have to loan out.

This means that there will be less money in the economy which will reduce inflation because less money means less demand for goods and services.

Find out more on effects of inflation at brainly.com/question/27889691.

#SPJ1

3 0

1 year ago