The answer to this question is durability
In the late 1800s, the Levi jeans started to gained popularity among hard labor workers such as coal miners.
The selling point of their product is that it's made of a really strong component that doesn't have to be washed that often before it goes stink.
For using $money$ in the near future but not right away.
Answer:
The increase in debt investments is $2,850.63
Explanation:
The company would increase its debt investment by the difference between the interest revenue and the coupon payment made by Scott Company.
The interest revenue is calculated by multiplying the semi-annual effective yield by the carrying value of the investments which is $1,506,375.
The face value of the bond of $1600,000 is multiplied by the semi-annual coupon rate
Increase in investment=($1506375*11%/2)-($1,600,000*10%/2)=$2,850.63
Answer:
depreciation expense = $10500
correct option is a. $10,500
Explanation:
given data
Equipment costing = $70,000
salvage value = $14,000
estimated life = 8 years
revised estimated total life = 6 years
to find out
depreciation expense
solution
we know that Depreciation expense per year is here express as
Depreciation expense = (cost - Salvage value) ÷ useful life ...................1
put here value we get
Depreciation expense =
Depreciation expense = $7000 per year
so
book value as on beginning of year 3 is = 70000 - (7000 × 2)
book value as on beginning of year 3 is $56000
so
depreciation expense will be
depreciation expense =
depreciation expense = $10500
correct option is a. $10,500