Answer:
The correct answer is C that is $4,062.50
Explanation:
The depreciation expense is computed as:
Depreciation expense = Book Value of asset - Salvage Value / Number of years × 6/ 12
where
Book value is $70,000
Salvage value is $5,000
Number of years is 8 because it is Year 3
Number of months is 6 months
= $70,000 - $5,000/ 8 × 6/ 12
= $65,000 / 8 × 6/ 12
= $8,125 × 6/ 12
= $4,062.50
Answer: $25
Explanation:
The Dictator game is used to measure just how much a person will act out of self interest especially give their surrounding. One person will be the dictator and the other a recipient who would be a stranger. The dictator will decide how much they are to give the recipient.
You live in a culture where you do not have to buy food and as this is a significant expense for humans, it means that you do not need much money. Regardless of this however, it has been shown that people would not give out the majority of their money which means that you would not give out 50% or above of the money.
As 50% is $25 here, that would be the correct option.
Answer:
$2000
Explanation:
1000x2=2000 child tax credit
AGI is lower then 110,000 for joint filling.
They are at a standstill with each other and can make business happen with each other. Therefore they're like associates or friends working together to better themselves.
Answer:
The IRR is 4.08%
Explanation:
In calculating the internal rate of return in excel,the cash outflow of $76.63 is shown in year 0 with a negative sign to indicate that it is the initial investment on the share, followed by dividends in received in later years shown as positive figures ,however in the fifth the dividend received and the cash received from disposing of the share were added together to show total cash inflow in the last year.
The computation of IRR is shown below
IRR for the share purchase
Years Cash flow
0 -76.63
1 1.37
2 1.55
3 1.66
4 1.74
5 86.61
IRR 4.08%
Find attached for detailed computation.
