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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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Peace Company began the accounting period with a $14,000 debit balance in its accounts receivable account. During the accounting
Mrac [35]

Answer:

$50,000

Explanation:

Based on this information, the cash collected from accounts receivable during the period is $50,000. This can be calculated in the following way. Since the Company started the period with a $14,000 debit balance and ended that period with only $8,000 it means that $6,000 was used. Since it was used, it means that it was deducted from the actual collected total. Therefore to find this total we add these $6,000 to the revenue for that period which was $44,000. This totals up to $50,000.

3 0
3 years ago
Cooley company's stock has a beta of 1.32, the risk-free rate is 4.25%, and the market risk premium is 5.50%. what is the firm's
balu736 [363]
11.51%

The required rate of return = risk-free rate + Beta * (market risk premium)

Here, we multiply the beta of 1.32 times the market risk premium of 5.50%, then add the risk-free rate of 4.25% to get the required rate of return, or 11.51%. 
6 0
3 years ago
Q2. Why is the biotech industry a global industry?
CaHeK987 [17]
I can help with question two, but not question three. 
The answer to question two is that biotech companies are part of the global industry from day one. Because capital is global, diseases know no borders, people are mobile, and you can get science anywhere in the world, there is an immediate competition with all other bioscience companies in the world.  
In other words, when you start a biotech company in the US, you are immediately competing with biotech companies in Japan, the UK, etc. because you're all competing for the same capital, the same consumers, the same pharmacies, etc. 
My best guess for question three is just that regulations are always important for global businesses (or really any business in general) as they protect both the businesses, the employees, and the consumers. In the case of biotech businesses, they protect people from false advertising of the benefits of products for example. 
Hope this helps!
6 0
3 years ago
The finished goods inventory estimated for March 1, for the Bath and Gym scale models is 11,800 and 8,100 units, respectively. T
Mumz [18]

Answer:

Production Budget  Bath     118,200        

Production Budget   Gym    59400  

Explanation:

The production budget is calculated by adding the desired finished goods ending inventory to the sales and subtracting the opening inventory from it.

Production Budget

                                           Bath                Gym

Northern Sales                40,000             25000

<u>Southern Sales                75,000              35000</u>    (Missing Data)

<u>Total Sales                      115,000              60,000</u>

Add desired Ending

Inventory                           15000              7500

Less Opening Inventory  <u> 11800               8100</u>

<u>Production Budget            118,200          59400  </u>

<u />

<em>(The data in the given question was missing which has been added)</em>

<em>The Production Budget figures may change if the missing data is different from the one used.</em>

7 0
3 years ago
Samuel, a longtime employee of the ABCD Corporation, was injured when he fell off a ladder while stocking widgets at ABDC at the
ozzi

Answer:

Option B. He will win

Explanation:

If Samuel is desiring to sue his employer in a circuit court because he thinks that the employer was negligent then he will have to sue under negligence Act, which says that the employer is obliged to take all necessary precautions and if found negligent then the court may apply contributory negligent theory as well as comparative negligent theory. These two negligent theories means that the employer was partly responsible for injury, which means that this would result in compensation to Samuel.

Hence it is more likely that Samuel will win the case.

7 0
3 years ago
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