Answer:
Fixed assets and equipment
Explanation:
Depreciation is the accountant's estimate of the cost of fixed assets and equipment used in the production process matched with the benefits produced from owning it.
It is the decrease in the value of assets and the method used to reallocate the cost of asset over its useful life span.
Assets can be categorized as :
1. Current
2. Fixed
3. Tangible
4. Intangible assets.
In accounting, there are several standard methods of computing depreciation expense:
1. Fixed percentage
2. Straight line
3. Declining balance methods.
Lcm requires to value inventory at the lower of acquisition cost or net realizable value.
Net realizable value = $27 - $1 = $26
Cost = $30
Therefore, it would be valued at $26
Answer:
Consider the following calculations
Explanation:
According to this general formula
f1,k = [(1+rk+1)k+1/((1+r1)]1/k -1
f1,1 = [(1+ 4.9%)1+1/((1+4.4%)]1/1 -1 = 5.40%
f1,2 = [(1+ 5.6%)2+1/((1+4.4%)]1/2 -1 = 6.21%
f1,3 = [(1+ 6.4%)3+1/((1+4.4%)]1/3 -1 =7.08%
Answer:
Jim will receive 449,999.62
Explanation:
We are going to discount the sales commission from the proceeds of the home, this will be the net cash received from Jim
sales price 478,723
commission 6% of 478,723 = 39723.38
net realizable 449,999.62
(sales price - commisions)
Answer:
Prior principal approval must be obtained and a copy of the speech must be retained in your firm's Office of Supervisory Jurisdiction
Explanation:
Because the speech is to be givento 35 attendees, it is under the Retail Communication. Every speech should be honest and of good taste; and the speech must be informational, but far from promotional.
It is not required that the speech content has to be pre-filed with the SEC. A copy must be kept a period of f 3 years for inspection by FINRA examiners. The speech script would be kept on file in the firm's supervisory compliance office that is the Office of Supervisory Jurisdiction.
