Answer: In an accumulated depreciation account, there is a normal credit balance.
Explanation:
Accumulated depreciation has a normal credit balance as a result of the aggregation of the amount of expenses on depreciation that is charged against the fixed assets. The accumulated depreciation account is matched together with the fixed assets on the balance sheet. This is done in order to know the remaining worth of the fixed assets.
The amount of the accumulated depreciation tend to increase as more depreciation is put against the fixed assets which results in a lower book value. On a balance sheet, fixed assets have a debit balance so the accumulated depreciation must be written on the credit balance so as to offset the fixed assets.
Answer:
Option (A) is correct.
Explanation:
A particular profit maximizing firm is produces at a point where marginal cost is equal to the marginal revenue.
Pizza cheese is used as an input for producing pizza, so if there is an increase in the price of pizza cheese then this will results in an increase in the cost of production for the Ronny's Pizza House and this change will shift the marginal cost curve upwards.
We know that marginal revenue curve is downward sloping and marginal cost curve is upward sloping, so if there is a upward shift in the MC curve then it cuts the marginal revenue curve at a lower level of output.
Answer:
$1,500
Explanation:
Relevant data provided
Annual cash flow = $150
Current Stock percentage = 10%
The computation of today value of Dynamo is shown below:-
Today value of Dynamo = Annual cash flow ÷ Current Stock percentage
= $150 ÷ 10%
= $150 ÷ 0.10
= $1,500
Therefore for computing the today value of Dynamo we simply divide the annual cash flow by current stock percentage.
<span>
<span>True.
Risk in investment can be defined as the possibility that the investor may
lose a big portion or all of the initial investment or make very high returns
in a short period. Risk which is often likened to volatility dictates that
the higher the volatility the higher the chances of returns. Speculative
investments such as leveraged ETFs(commodities such as gold, oil, silver),
options, venture capital trusts are considered high risk and often so offer
handsome returns or cost the investor all or even more of their initial
capital. It is however important to note that high risk does not
automatically translate into high returns. The intrinsic value of the
investment vehicle among other factors need to be considered in depth to
determine if the investment is worth the risk</span></span>
Answer:
The answer is 44.84%
Explanation:
39% tax bracket takes back the advantage of the lower 15% and 25% tax rates.
The process will finish once the income that is taxable gets to $10 million.
Therefore, you can get the tax attributable to taxable income which ranges from $335,000 to $10 million by using all the rates in the above schedule or, more simply, by multiplying by 34%
208000*34% = 50000*15% + 25000*25% + 25000*34% + 108000*T%
70720 = 22250 +108000*T%
T=44.84%
