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nexus9112 [7]
3 years ago
8

Maertge airlines purchases an aircraft for $84,000,000 on january 1, 2016. the residual value of the aircraft is estimated at $7

,500,000, and its useful life is estimated at 25 years. applying the double-declining-balance method of depreciation, the depreciation expense recognized for the year ended december 31, 2018 will be __________.​
Business
1 answer:
Olenka [21]3 years ago
3 0
The working equation for double declining method is:

Depreciation = (Cost - Accumulated Depreciation)×2/Useful life

So, the solution would be:

Year 2016
Depreciation = ($84,000,000  - 0)×2/25 = $6,720,000
Year 2017
Depreciation = ($84,000,000  - $6,720,000)×2/25 = $6,182,400
Year 2018
Depreciation = ($84,000,000  - $6,182,400)×2/25 = $6,225,408
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_ is the actual amount each common stockholder would expect to receive if a​ firm's assets are sold for their market​ value, cre
Alona [7]

Answer: Liquidation value

Explanation:  

The liquidation value is one of the type of physical assets of an organization and the business value, real estate firms, directories and the equipment are refers as the liquidation value that helps in evaluating the overall worth of the firm.

This organizational value is lower as compared to the market value and it has less time for selling the products in the open market.  

According to the given question, the liquidation value is refers as the actual amount of the stockholder expected value value in the market. Therefore, Liquidation value is the correct answer.

5 0
2 years ago
Instruck inc. is a real estate firm based in colorado. the company ensures that employees' pay is dependent on what they are cap
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6 0
3 years ago
Mr. and Mrs. Jones sold their principal residence for $750,000. They had lived in their residence for 20 years, and it had an ad
IceJOKER [234]

Answer:

D) $40,000

Explanation:

The Joneses qualify for a Section 121 exemption since they lived at their house for 20 years. They are exempted from paying capital gains taxes on the first $500,000 ($250,000 if single) in realized gains from selling their home.

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3 years ago
The "swish" design for Nike is a _[blank]_.
Rina8888 [55]

brand mark, it is one of the most well known brand marks

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3 years ago
Read 2 more answers
Poe Company is considering the purchase of new equipment costing $80,000. The projected net cash flows are $35,000 for the first
sergey [27]

Answer:

$23,773.65

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested

NPV can be calculated using a financial calculator :

cash flow in year 0 = $-80,000.

Cash flow in year 1 and 2 = $35,000.

Cash flow in year 3 and 4 = $30,000.

I = 10%

NPV = $23,773.65

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

5 0
3 years ago
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