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3 years ago

12

The financial loss that each stockholder in a corporation can incur is usually limited to the amount invested by the stockholder

. True False

1 answer:

Anika [276]3 years ago

4 0

Answer: the answer is TRUE

Explanation:

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On January 1, 2018, McHenry Manufacturing Corporation purchased a machine for $40,600,000. McHenry's management expects to use

bixtya [17]

Answer: The book value of the machine at the end of 2019 would be $26,717,712 calculated using units of production as method of depreciation.

Explanation: The first thing we have to do is to calculate the amortizable value for this we have to substract from the value of purchase the residual value. $40,600,000 - $45,000= $40,555,000

Then we have to calculate the hourly amortization so we must divide the amortizable value by the quantity of hoursexpected to be use by the machine: $40,555,000/26,000hrs= $1,559,81 per hour.

Then in 2018 the machine was used 3700 hours so it was depreciated $5,771,288.46 and in 2018, 5200 hours so it was depreciated $8,111,000

So the book value of the machine at the end of 2019 would be $40,600,000-$5,771,288-$8,111,000=$26,717,712

8 0

3 years ago

Which of these can occur due to soil erosion?

Verdich [7]

Answer:

1. Pollute water bodies

4 0

3 years ago

Read 2 more answers

e-Shop, Inc. has net sales on account of $1,500,000. The average net accounts receivable are $610,000. Calculate the days' sa

mina [271]

Answer:

The days' sales in receivables are B.148.37 days

Explanation:

The days' sales in receivables is calculated by using following formula:

The number of days' sales in receivables = 365/Accounts receivable turnover

In there:

Accounts receivable turnover = Net Credit Sales /Average Accounts Receivable

E-Shop, Inc. has net sales on account of $1,500,000 and average net accounts receivable of $610,000.

Accounts receivable turnover = $1,500,000/$610,000 = 2.46 times

The number of days' sales in receivables = 365/2.46 = 148.37 days

4 0

3 years ago

Based on the information provided, what rental rates would you include in your forecast/proforma model from the tenants?

KATRIN_1 [288]

Answer:

Insufficient information to determine

Explanation:

The question makes reference to information provided as a basis for making a decision. But, there is no information provided. This makes it impossible to select any rental rates, whether Contract rental rates, Market rental rates, or a blend of contract and market rental rates, to include in the forecast or proforma model from the tenants. So, the conclusion is that there is insufficient information to determine.

7 0

3 years ago

If your economics class was graded on a curve and everyone agrees to study only half as much, everyone would get the same grade

erik [133]

Answer:

studying

Explanation:

The coming together by students not to study is an example of collusion in an oligopoly.

An Oligopoly is when there are few large firms operating in an industry. Collusion is when people come together and decide on a particular course of action. It is usually non competitive

The dominant strategy here is to study.

Dominant strategy is the best option for a player regardless of what the other players are doing.

the students prefers to study more and get an A or to study the same amount as other students and get a C. Her least preferred option is an F. Since she does not know the actions of the other students, are best option is to study

7 0

3 years ago