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4 years ago

List three careers that require knowledge of science.

Business

1 answer:

LenaWriter [7]4 years ago

8 0

Coding required math
Coding required good computer skills as well
And lastly a interpretador required foreign language

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Waterway Company acquired a plant asset at the beginning of Year 1. The asset has an estimated service life of 5 years. An emplo

Masja [62]

Answer:

$69,000

Explanation:

The double-declining method uses twice the rate of the straight-line depreciation method.

In this case, we need to determine the depreciation rate under the straight-line method. The asset has a useful life of 5 years.

the depreciation rate = 1/5 x 100

=0.2 x 100

=20%

The Depreciation rate for the double-declining method is 40%. The straight-line method considers salvage value at the beginning, but double-declining depreciates until the salvage value.

In the first year under the double-declining method, the depreciation amount was $27,600.

It means 40% of the asset cost is $27,600.

The asset cost is 100%

40%=$27,600

100% = 27,600/40 x 100

=$690 x 100

=$69,000

Asset cost = $69,000

8 0

3 years ago

lucy invests $800 in an account that earns 6.12% annual interest compounded continuously. juan invests $1600 in an account that

Len [333]

Answer:

Both their investments will reach a similar value in 32 years, 9 months and 8 days. Both accounts will have exactly $5,606.

Explanation:

Original investment: $800 at 6.12% $1,600 at 3.9%

future value 10 years $1,449 $2,346

future value 20 years $2,624 $3,439

future value 30 years $4,753 $5,042

future value 31 years $5,044 $5,238

future value 32 years $5,353 $5,442

future value 33 years $5,681 $5,655

It will take over 32 years for both investments to match their amounts.

to determine the approximate month we start with the future value in 32 years:

$5,353 $5,442

future value in 6 months $5,517 $5,548

future value in 9 months $5,599 $5,601

future value in 9 months

and 5 days $5,603 $5,604

future value in 9 months

and 8 days <u>$5,606</u> <u>$5,606</u>

7 0

3 years ago

beta of 0.88 and an expected dividend growth rate of 4.00% per year. The T-bill rate is 4.00%, and the T-bond rate is 5.25%. The

gregori [183]

Answer:

RA=11.6%

Explanation:

RA=Rf+(Rm-Rf)Ba

RA=?

Rf=5.25%

Rm=12.5%

Ba=.88

RA=5.25%+(12.5%-5.25%).88

6 0

3 years ago

Scott Distributors has the following transactions related to notes receivable during the last two months of the year.

lara [203]

Answer:

Dec 1

Dr Notes Receivable 16,000

Cr Cash 16,000

Dec 16

Dr Notes Receivable 4,800

Cr Sales Revenue 4,800

Dec. 31

Dr Interest Receivable 94

Cr Interest Revenue 94

Explanation:

Preparation of Scott Distributors Journal entry

Since we are told that on Dec. 1 Scott Distributors was tend to Loaned tha amount of $16,000 cash to E. Kinder which was on a 1-year, 6% note this means the transaction will be recorded as:

Dec 1

Dr Notes Receivable 16,000

Cr Cash 16,000

Since we were told that Scott Distributors Sold goods to J. Jones by receiving a sum of $4,800, 60-day, 7% note this means the transaction will be recorded as :

Dec 16

Dr Notes Receivable 4,800

Cr Sales Revenue 4,800

The Accrued interest revenue on all notes receivable transactions will be recorded as:

Dec. 31

Dr Interest Receivable 94

Cr Interest Revenue 94

Computation of interest revenue for E. Kinder note and J. Jones

E.kinder=

The amount of $16,000 *0.06*30/360

= $80

Jones note=

The amount of 4,800 *0.07×15/360

= 14

Total accrued interest (80+14)

$94

5 0

3 years ago

Early in the current year, Tokay Co. purchased the Silverton Mine at a cost of $21,220,000. The mine was estimated to contain 21

algol [13]

Answer:

=$5,230,000

Explanation:

Annual Depreciation=Depreciable Value×Units produced during the year estimated total production

The units of the depreciation method start by calculating the depreciable amount.

Depreciable amount = Assets cost - salvage value

=$21,220,000.-$4,000,000

=$17,220,000

depreciation expense per unit= depreciable amount/production capacity

=$17,220,000/210,000 per tone

=$82 per tone

During the year, 195,000 were extracted.

The depreciation value for the year will be

= 82 x 195,000

=$15,990,000

book value will be asset cost minus depreciation expense

=$21,220,000 -$15,990,000

=$5,230,000

4 0

3 years ago