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borishaifa [10]
3 years ago
12

A British Tran jet costs $ 42,000,000 and is expected to fly 350,000,000 miles during its 12​-year life. Residual value is expec

ted to be zero because the plane was used when acquired. If the plane travels 52,000,000 miles the first​ year, how much depreciation should British Tran record under the​ units-of-production method?
Business
1 answer:
Dmitry [639]3 years ago
3 0

Answer:

Annual depreciation= $6,240,000

Explanation:

Giving the following information:

Purchasing cost= $42,000,000

It is expected to fly 350,000,000 miles.

The plane travels 52,000,000 miles the first​ year

Using the units of production method, we need to use the following formula for each year:

Annual depreciation= [(original cost - salvage value)/useful life of production in miles]*miles travelled

Annual depreciation= (42,000,000 / 350,000,000)*52,000,000

Annual depreciation= $6,240,000

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Most people would rather give up their tvs or the internet than their mobile phones.
12345 [234]

ANSWER – TRUE

 

Most people would rather do away with their TVs or the Internet than their mobile phones. <span>While for a fact, television remains the most used media, and the internet is fast catching up, surveys have shown that most people would still prefer to hold on to their mobile phones above these two.</span>

5 0
3 years ago
Revocation of an offer is valid once it is __________________.
Amiraneli [1.4K]

Revocation of an offer is valid once it is <u>B. received</u> by the offeror (the person making the offer), meaning that it has been communicated to the other party by the offeree.

<h3>What is the revocation of an offer?</h3>

The revocation of an offer is the nullification or canceling of an offer by the offeree.  It becomes effective when the offeree communicates to the offeror before acceptance.

Once the revocation has been communicated, the offer is no longer considered valid and cannot legally be accepted. The implication is that revocation goes into effect immediately it has been communicated to the relevant party.

Thus, revocation of an offer is valid once it is <u>B. received</u> by the offeror.

Learn more about offer revocations at brainly.com/question/26532053

5 0
1 year ago
Read 2 more answers
Belden, Inc. acquires 30 percent of the outstanding voting shares of Sheffield, Inc. on January 1, 2017, for $312,000, which giv
Oksi-84 [34.3K]

Answer:

how much income would Belden report for 2017 and 2018 in connection with the company's investment in Sheffield

2017: $54,000

2018: $69,000

total $123,000

Explanation:

the journal entries used to record the investment in Sheffield Inc. are:

January 1, 2017

Dr Investment in Sheffield Inc. 312,000

    Cr Cash 312,000

the adjustments entries necessary for 2017 are:

December 31, 2017, dividends are distributed

Dr Cash 21,000 (= $70,000 x 30%)

    Cr Investment in Sheffield Inc. 21,000

December 31, 2017, net income is reported

Dr Investment in Sheffield Inc. 54,000 (= $180,000 x 30%)

    Cr Revenue from investment in Sheffield Inc. 54,000

the adjustments entries necessary for 2018 are:

December 31, 2018, dividends are distributed

Dr Cash 24,000 (= $80,000 x 30%)

    Cr Investment in Sheffield Inc. 24,000

December 31, 2018, net income is reported

Dr Investment in Sheffield Inc. 69,000 (= $230,000 x 30%)

    Cr Revenue from investment in Sheffield Inc. 69,000

7 0
3 years ago
A company would like to evaluate two incentive schemes that take effect once the worker exceeds standard performance. In the fir
Lerok [7]

Answer:

B) plan 1 : worker earning  y = x - 0.14  ,  unit labor = \frac{x-(0.14)}{x}

   plan 2 : worker earning y  = 0.5x + 0.5, unit labor = (0.5x + 0.5) / x

C) At 128%

D ) plan D IS PREFERABLE

Explanation:

In the first case Benefits are split : 30% to worker , 70% to company ( up to 120% ) performance

In the second case benefits 50% go to the worker and 50% go the company

B) The equations for worker earnings and normalized unit labor costs for each scheme

Plan 1 :

y  ( percentage earning of worker ) = 1

unit labor cost = Y / 1

y = 0 - 30

unit labor = 0.3 / x

y = x - 0.14  therefore unit labor = \frac{x-(0.14)}{x}

plan 2 :

y  ( percentage earning of worker ) = 1,   y  = 0.5x + 0.5

unit labor cost :  Y / 1  =  (0.5x + 0.5) / x

C )  The point at which the two plans break even

0.5x + 0.5 = x - 0.14

0.5 + 0.14 = x - 0.5x

0.64 = x(1 - 0.5 )

x = 0.64 / 0.5 =  1.28 = 128%

D) The company would prefer plan 1

5 0
3 years ago
Each of two stocks, A and B, are expected to pay a dividend of $5 in the upcoming year. The expected growth rate of dividends is
salantis [7]

Answer:

a

Explanation:

Intrinsic  value can be determined using the constant dividend growth model

according to the constant dividend growth model

price = d1 / (r - g)

d1 = next dividend to be paid

r = cost of equity

g = growth rate

Stock A = $5/ (0.11 - 0.1) = $500

Stock B = $5/ (0.2 - 0.1) = 50

Intrinsic value of A is greater than that of B

3 0
2 years ago
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