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denis-greek [22]
3 years ago
8

Nielsen Auto Parts had beginning net fixed assets of $218,470 and ending net fixed assets of $209,411. During the year, assets w

ith a combined book value of $6,943 were sold. Depreciation for the year was $42,822. What is the amount of net capital spending?
Business
1 answer:
balu736 [363]3 years ago
8 0

Answer:

Capital Expenditure during the year 40,706

Explanation:

opening assets                        =                  218470

less: Depriciation for the year =                  (42822)

less: Disposal of assets           =                   (6943)

less: Closin Assets                   =                   (209411)

Balancing figure additions       =                   40706

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What happens if you make a mistake on your tax return?.
BabaBlast [244]

you spend the rest of your life paying off debt then hand it down to your unborn children to deal with :)

8 0
3 years ago
Help i'm desperate time is tight
ioda
C is the correct answer
6 0
3 years ago
Eric has another​ get-rich-quick idea, but needs funding to support it. He chooses an​ all-debt funding scenario. He will borrow
Hunter-Best [27]

Answer:

6.442%

Explanation:

Given:

Amount borrowed from Wendy = $1,227

Charges on loan by Wendy = 4% = 0.04

Amount borrowed from Bebe = $1,143

Charges on loan by Bebe = 6% = 0.06

Amount borrowed from Shelly= $630

Charges on loan by Shelly = 12% = 0.12

Now,

Total cost of capital = $1,227 + $1,143 + $630 = $3,000

Weight of Wendy = \frac{\textup{Value of Wendy}}{\textup{Total Capital Value}}

= \frac{\textup{1,227}}{\textup{3000}}

= 0.409

Weight of Bebe = \frac{\textup{Value of Wendy}}{\textup{Total Capital Value}}

= \frac{\textup{1,143}}{\textup{3000}}

= 0.381

Weight of Shelly= \frac{\textup{Value of Wendy}}{\textup{Total Capital Value}}

= \frac{\textup{630}}{\textup{3000}}

= 0.21

The weighted average cost of capital for​ Eric

= ∑ (weight × cost)

= 0.409 × 0.04 + 0.381 × 0.06 + 0.21 × 0.12

= 0.01636 + 0.02286 + 0.0252

= 0.06442

or

=  0.06442 × 100% = 6.442%

4 0
4 years ago
Your organization has set up three levels of data classification accessed by users on a small network:
Liono4ka [1.6K]

The three levels that an organization should have when it comes to data classification that is accessed by its users on a small network are the following;

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Medium security – not all the data that is shown are all accessible, there is a presence of limited access.

Low security - a presence of public folder in the given data

8 0
3 years ago
Assume straight-line depreciation and equal cash flows. A company plans to purchase equipment for $25,000. The equipment will ha
Allisa [31]

Based on the purchase price of the equipment and the increase in annual income, the accounting rate of return is 60%.

<h3 /><h3>What is the accounting rate of return?</h3>

This can be found by the formula:

= Average annual income - Average investment

The average investment is:

= Purchase price / 2

= 25,000 / 2

= $12,500

The accounting rate of return is:

= 7,500 / 12,500

= 60%

Find out more on the accounting rate of return at brainly.com/question/21276152.

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6 0
2 years ago
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