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3 years ago

Which of the following is a nondepreciable asset?

Business

2 answers:

jeka57 [31]3 years ago

8 0

Answer:

B . Land

Explanation:

Land is not depreciated because land is assumed to have an unlimited useful life. Other long-lived assets such as land improvements, buildings, furnishings, equipment, etc. have limited useful lives. Therefore, the costs of those assets must be allocated to those limited accounting periods.

Maksim231197 [3]3 years ago

6 0

B. Land......

.............................................................

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What is a national budget

alexdok [17]

Explanation:

national budget means the budget used by the nation for the development of country.

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3 years ago

Taxpayers have a choice of deducting the standard deduction or their itemized deductions. therefore, blank______ agi deductions

KonstantinChe [14]

Itemized deductions are thought to benefit more taxpayers because they can be claimed if the total is higher than the standard deduction.

You can deduct what you paid in real estate taxes, personal property taxes, state and local income or sales taxes, mortgage interest, and disaster losses when you itemize your deductions. You can also count charitable contributions and a portion of the money you spent for health and dental care.

If you itemize your taxes, do you get a bigger refund?

The standard deduction may be exceeded by itemized deductions. The more you may deduct, the less tax you'll owe, which is why some people itemize their deductions because the sum of their itemized deductions exceeds the basic deduction. There are numerous deductions that could be made.

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1 year ago

Use the following 10% interest factors. Present Value of Ordinary Annuity Future Value of Ordinary Annuity 7 periods 4.86842 9.4

katen-ka-za [31]

Answer:

The cost of the machine will be $85,358.88‬

Explanation:

To calculate the present value of the machine is given by:

Present value=$16000*Present value of annuity factor(10%,8)

=$16000*5.33493

= $85,358.88‬

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3 years ago

Interest rate (with changing years). Keiko is looking at the following investment choices and wants to know what annual rate o

Ivenika [448]

Answer:

a. 5.18%;

b. 10.12%;

c. 6.32%;

d. 9.22%.

Explanation:

We apply the formula of Annual rate of return to calculate for the four cases.

The formula for calculating annual rate of return as below:

Annual rate of return = $\sqrt[year]{Ending value/Beginning value}$ -1 ;

So, for each of the case given, by applying the formula, the detailed calculations for each case will be:

+ For case a :

$\sqrt[12]{769.5/420} -1$ = 5.18%;

+ For case b:

$\sqrt[14]{11,567.45/3,000} -1$ = 10.12%;

+ For case c:

$\sqrt[20]{110,000/32,303.47} -1$ = 6.32%;

+ For case d:

$\sqrt[40]{1,100,000/32,275.63} -1$ = 9.22%.

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3 years ago

Newtech corporation is offering a 10% stock dividend. The firm currently has 200,000 shares outstanding and after-tax profits of

White raven [17]

The stock price after the stock dividend = $3636

<h3>What is Stock dividend?</h3>

A common stock dividend is a payment made from a company's profits to holders of common stock. The payout is made in the form of stock or cash, much like regular dividends. The amount of the common stock dividend may be regulated by law, especially if it is paid as a cash distribution that is effectively a liquidation.

<h3>What is shares outstanding?</h3>

All of the shares of a corporation that have been approved, issued, and purchased by investors and are now owned by them are referred to as outstanding shares. They differ from treasury shares, which are stock held by the corporation itself and have no rights that can be exercised.

<h3>According to the given information:</h3>

There are 200,000 shares in circulation.

Profits after taxes amount to $800,000.

$48 is the current stock price.

Stock dividend equals 10%

number of shares outstanding following a stock dividend

=200,000*(1+10%)

=220,000

earnings per share following stock dividends

=$800,000/220,000

=$3.636

As a result, $3.636 worth of earnings per share remain after the stock dividend.

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1 year ago