Answer:
$90,000 and $86,000
Explanation:
In year 1, Lawrence Corp. purchased equipment for $100,000. Lawrence uses straight-line depreciation over a 10-year useful life with no residual value for financial reporting purposes.
In year 1, tax depreciation was $14,000. At the end of year 1, the carrying value for accounting purposes is $90,000, and the tax basis is $86,000.
Carrying value = Cost - Depreciation to date = 100,000 - (100.000 cost / 10 years) = $90,000
While tax basis = Cost - Tax depreciation = $100,000 - $14,000 = $86,000
Answer:
Amount 1,020.15
Explanation:
Principal 1,000.00
time 4.00 ( 4 quarter per year)
rate 0.00500 (2% annual divided into 4 parts)
Amount 1,020.15
The total amount of the savings account will be of 1,020.15
Answer:
C. Taking fewer voluntary absences for personal reasons.
Explanation:
Research on age and job satisfaction reveals that older employees take fewer voluntary absences for personal reasons as compared to the younger workers. Older employees are usually more satisfied with their job and there has been a quite consistent relationship between job satisfaction and absenteeism, but it ranges from moderate to weak. It definitely makes sense that dissatisfied employees will miss their duties and job more often as compared to the satisfied workers. Older employees also have more experience about performing the job better and they might have worked at many other places as well, therefore, they take fewer volunteer absences for personal reasons and they perform their duties in a more focused way because they can't afford leaving the job or terminated from the job.
Answer:
1.$34.4
2.$38.70
3.$61.95
Explanation:
1. Current price=D1/ (Required return-Growth rate)
= (2.15*1.04)/ (0.105-0.04) =$34.4
Therefore the answer is $34.4
We use the following formula:
A=P (1+r/100) ^n
where
A=future value
P=present value
r=rate of interest
n=time period.
2. A=$34.4*(1.04) ^3
=$38.70(Approximately).
Therefore the answer is 38.70
3. A=$34.4*(1.04) ^15
=$61.95(Approximately).
Therefore the answer is $61.95
