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svetlana [45]
3 years ago
11

Bonita Industries has estimated that total depreciation expense for the year ending December 31, 2018 will amount to $583000, an

d that 2018 year-end bonuses to employees will total $1290000. In Bonita's interim income statement for the six months ended June 30, 2018, what is the total amount of expense relating to these two items that should be reported?
Business
1 answer:
Mice21 [21]3 years ago
7 0

Answer:

<u><em>Total expenses 936,500</em></u>

depreciation 291,500

wages expense 645,000

Explanation:

Assuming the depreciation are calculate base on straight line or that their output is lineal through the year:

It will be half of the depreciation for the year.

583,000 / 2 =  291,500 depreciation expense for six-month

For the year-end bonused It wll be the same ideal, we assume are earned equally during the year. So at half year half of the bonuses should be earned:

wages expense 1,290,000/2 = 645,000

<u>Total expenses 936,500</u>

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A) True

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Return earned by a portfolio is the weighted average return of the individual stock returns.

CAPM helps calculate expected return of an investor by the following formula:

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If a project costs ​$100 comma 000100,000 and is expected to return ​$27 comma 00027,000 ​annually, how long does it take to rec
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8 0
2 years ago
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