Answer:
D. $6,000
Explanation:
The book value of a new asset includes the purchase price and other related costs that make it ready for use. For Woodstock company, the book value of the new machine will be the buying price of 40,000 plus 1000 transport costs.
Book value = $41,000
The straight-line depreciation method charges equal amounts throughout the life of the asset.
The depreciable amount = asset value - salvage value
=$41,000 - $5000
=$36,000
The depreciation rate = 1/6 x 100
=16.66 %
Annual depreciation = 16.66% x $36,000
=16.66/100 x $36,000
=0.16667 x $36,000
=$6,000
Answer:
Decrease in the interest rate
Explanation:
Present value is the sum of discounted cash flows
let me use an example to illustrate
the present value of $100 in year 0 discounted at 6% = $100
the present value of $100 one year from now discounted at 6% = $94.33
the present value of $100 two years from now discounted at 6% = $89
We can see that present value decreases with an increase in time
2. the present value of $100 one year from now discounted at 6% = $94.33
the present value of $90 one year from now discounted at 6% = $84.91
We can see that present value decreases with a decrease in the future value.
3. the present value of $100 one year from now discounted at 6% = $94.33
the present value of $100 one year from now discounted at 5% = $95.24
We can see that the lower the discount rate, the higher the present value
The behavior or disposition displayed by Brenda that was described above shows consideration behavior, therefore, Brenda can be said to be: <u>expressing consideration behavior.</u>
Consideration behavior can be described as exhibiting a friendly and supportive disposition by<em> considering the interests of others</em>. It also entails effectively communicating openly with others, having respect of their ideas and <em>showing concern for their feelings.</em>
Thus, the behavior or disposition displayed by Brenda that was described above shows consideration behavior, therefore, Brenda can be said to be: <u>expressing consideration behavior.</u>
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Learn more here:
brainly.com/question/3609472
Answer:
Consider the following thoughts
Explanation:
- No. the market is a semi-strong form of efficient.
The semi-strong form of efficiency states that the market is efficient.
- Yes, the historical information is also called as a public information.
- Weak form of efficiency is a another class of the semi-strong form of efficiency.
- If a market is strong form efficient, then it is also semi-strong and weak form efficient since all available information includes past prices and publicly available information.
- The semi-strong form also incorporates the weak form of hypothesis.
- They include event tests.
Answer:
The journal entry to be recorded by Jervis on June 28 is shown below:
Explanation:
The journal entry to be recorded by Jervis on June 28 is as:
On June 28
Cash A/c......................................Dr $5,539
Credit Card expense A/c........Dr $ 261
Sales A/c............................Cr $5,800
Being record the deposit of amount on Sales by Jervis
As the amount is deposited on sale which means cash is coming into the bank, and any increase in cash is debited. So, the cash account is debited. And on the amount expense is charges, the charge is also debited. Therefore, the credit card expense is debited. And the sales is made, so, the sales account is credited.
Working Note:
Credit card expense = Sales amount × Charge
= $5,800 × 4.5%
= $261
