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sesenic [268]
3 years ago
7

Satine Enterprise Ltd. Recently bought a new company car for $25 000. The firm expects to replace it in five years' time. The cu

rrent market resale value of the car in five years' time is $2900. The company uses an annual 35% depreciation rate.
1. Use the reducing balance method of depreciation to calculate the net book value of Satine Enterprise Ltd.’s new company car after the first two years.
Business
1 answer:
azamat3 years ago
3 0

Answer:

$4,420

Explanation:

$25,000-$2,900=$22,100/5=$4,420

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Assume the spot exchange rate for the Hungarian forint is 267.767 HUF. Also assume the inflation rate in the United States is 1.
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Answer: 283.322 HUF

Explanation:

Following the information given in the question, the following can be deduced:

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3 years ago
suppose winston's annual salary as an accountant is $60,000 and his financial assets generate $4,000 per year in interest. one d
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<h3>What is implicit costs?</h3>

Any expense that has already happened but isn't always shown or reported as a separate charge is considered an implicit cost. It stands for an opportunity cost that develops when a business commits internal resources to a project without receiving any direct payment in exchange.

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8 0
2 years ago
If a company reorganizes its operation to gain efficiency, the cost associated with this reorganization is classified as
ivanzaharov [21]

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