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Eduardwww [97]
3 years ago
8

Jared expects to charge $60 per hour for his industrial maintenance business during the following year. He expects to reach 50,0

00 hours at that price. Jared's partner disagrees with the estimate and expects closer to 40,000 hours. What should Jared do when preparing the budget for the year?
Business
1 answer:
Nataliya [291]3 years ago
8 0

Answer:

Explanation:

He should work with the 50,000 hours estimate instead of the 40,000 in order to avoid shortage of funds during the business year

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Brummitt Corp., is evaluating a new 4-year project. The equipment necessary for the project will cost $2,000,000 and can be sold
sergejj [24]

Answer:

The aftertax salvage value of the equipment is $302,964

Explanation:

In order to calculate the aftertax salvage value of the equipment, first we would need to calculate the Book value of the equipment after 4 years as follows:

Book value of the equipment after 4 years = Purchase price *(1-depreciation rate each year)

= $2,000,000*(1-0.2-0.32-0.192-0.1152)

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Loss on sale = $281,000-345,600

= 64600

Tax benefit on loss = $64,600*34% = $21,964

Therefore, After tax salvage value = selling price + tax benefit

= $281,000 + $21,964

=$302,964

The aftertax salvage value of the equipment is $302,964

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4 years ago
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<u>Explanation:</u>

A computing hardware utilized to indefinitely or temporarily store data, this device may be outer or inner to a computer, server, and other computing systems, hence common as a storage device. The memory is generally read-write random-access memory provided by semiconductors, typically Dynamic RAM or other types of fast yet temporary storage in the contemporary usage. While storage comprises of storage devices and their media that are not directly available via the processor (secondary or tertiary storage), usually hard disk drives, optical disk drives, and other devices that are slower than RAM but non-volatile.

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Innocent misrepresentation can be the basis for the injured party to rescind the contract.
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The answer is:  [A]:  "True" .
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Answer:

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