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Aleks04 [339]
3 years ago
7

Cuso Company purchased equipment on January 1, 2016, at a total invoice cost of $400,000. The equipment has an estimated salvage

value of $10,000 and an estimated useful life of 5 years. What is the amount of accumulated depreciation at December 31, 2017, if the straight-line method of depreciation is used?
A. $80,000
B. $160,000
C. $78,000
D. $156,000

Business
1 answer:
grigory [225]3 years ago
5 0

Answer:

D. $156,000

Explanation:

Cost = $400,000

Residual value = $10,000

Useful life = 5 years

Now,

Annual straight line depreciation = \frac{Cost-Residual Value}{Useful life}  

Annual straight line depreciation = \frac{400,000 - 10,000}{5}  

Annual straight line depreciation = \frac{390,000}{10}  

Annual straight line depreciation = $78,000

Annual depreciation expense is transferred to the accumulated depreciation. Thus, accumulated depreciation is sum of depreciation expense charged over the useful life of the asset.

Depreciation table has been constructed to compute the accumulated depreciation on 31st December 2017.

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IceJOKER [234]

Answer:

The monthly payment n the motorcycle will be for 158.75 dollars

Explanation:

We need to solve for the PMT of an ordinary annuity:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 8,400 (loan)

time 60 months

rate 0.004216667 (5.06% annual divide into 12 months)

8400 \div \frac{1-(1+0.00421666666666667)^{-60} }{0.00421666666666667} = C\\

C  $ 158.749

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4 years ago
Q efectos produce sobre el consumidor la absolesencia programada<br>​
k0ka [10]

Answer:

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5 0
3 years ago
You invest $650 in security A with a beta of 1.2 and $450 in security B with a beta of 0.7. The beta of this portfolio is ______
e-lub [12.9K]

Answer:

Beta of this portfolio = 0.9953

Explanation:

Given:

Investment in security A = $650 beta 1.2

Investment in security B = $450 beta 0.7

Find:

Beta of this portfolio

Computation:

Beta of this portfolio = [650 / (650+450)]1.2 + [450 / (650+450)]0.7

Beta of this portfolio = [650 / (1,100)]1.2 + [450 / (1,100)]0.7

Beta of this portfolio = 0.7090 + 0.2863

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6 0
3 years ago
You receive an email "You won a Ford Bronco, Click the link to retrieve your prize."
Mumz [18]

When you get a phishing email, your response should be as follows:

B. Check for phishing by hovering over the hyperlink, checking the sender's name, and reviewing for improper grammar and misspelled words.

E) Click the "Report Phish" button to report the suspicious email.

<h3>What is email phishing?</h3>

Email phishing is the sending of fraudulent messages to trick recipients into revealing sensitive information by making them think that they had become extremely lucky without participating in any lottery or game.

When email phishing is received, do not click the link or forward the email to another person.  You do not need to respond to the sender, asking for its legitimacy.

2. The best way to navigate through the knowledge CHECK is <u>A. Click the Back button</u> to return to the video.

Thus, when you get a phishing email, your response should be <u>Options B and E</u>.

Learn more about email phishing at brainly.com/question/2547147

4 0
2 years ago
Learning Activity 2 (pls post under Unit 2)
ICE Princess25 [194]

1. The nominal GDP for 2020 and 2021 is as follows:

2020 = $330

2021 = $592

2. The Real GDP for 2020 and 2021, using 2020 as the base year is as follows:

2020 = $330

2021 = $508 ($592/1.165)

3/ The Real GDP per capita for 2020 and 2021 using a population of 100 is as follows:

2020 = $3.30 per capita

2021 = $5/08 per capita

<h3>What is the difference between the Nominal GDP and the Real GDP?</h3>

The nominal GDP uses current prices while the Real GDP adjusts the current prices using the GDP deflator (thus accounting for inflation).

<h3>Data and Calculations:</h3>

                      Car                          Trucks

            Quantity    Price       Quantity    Price     Nominal GDP

2020      12              $10             15           $14     $330 (12 x $10 + 15 x $14)

2021      20              $12           22           $16     $592 (20 x $12 + 22 x $16)

2021 Real GDP:

              20            $10          22            $14      $508 (20 x $10 + 22 x $14)

GDP Deflator = Nominal GDP/Real GDP x 100

= $592/$508

= 1.165

Thus, while nominal GDP is based on current prices, the real GDP removes the effects of inflation.

Learn more about the GDP deflator at brainly.com/question/15041222

#SPJ1

3 0
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