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Mamont248 [21]
3 years ago
12

A diesel-powered tractor with a cost of $186,240 and estimated residual value of $5,700 is expected to have a useful operating l

ife of 59,000 hours. During April, the tractor was operated 200 hours.
Business
1 answer:
scoundrel [369]3 years ago
7 0

Answer:

$612

Explanation:

To compute the depreciation, first we have to compute the depreciation per hour which is given below:

= (Cost of diesel-powered tractor  - estimated residual value) ÷ (useful operating life)

= ($186,240 - $5,700) ÷ (59,000 hours)

= ($180,540) ÷ (59,000 hours)

= $3.06 per hour

Now the depreciation would be

= Operated hours  × depreciation per hour

= 200 units × $3.06

= $612

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What is the yield to maturity of a bond that as a face value of $1,000, is currently selling for $980, has a 5% coupon (paid sem
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Answer:

5.47%

Explanation:

The computation of yield to maturity is shown in the attachment:

Given that

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The formula is shown below:  

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3 years ago
Renaldo Cross Company views share buybacks as treasury stock. Renaldo repurchased shares and then later sold the shares at more
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Answer: a) Option A

Explanation:

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3 years ago
The direct labor budget begins with the required production in units from the production budget.
miv72 [106K]
I believe the Answer is false
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Suppose you deposit $1,091.00 into an account 6.00 years from today that earns 12.00%. It will be worth $1,728.00 _____ years fr
Taya2010 [7]

Answer:

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<u></u>

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4 0
3 years ago
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