Answer: $0
Explanation:
Fron the question, we are informed that Patterson Co.’s Depreciation Expense is $20,200 and the beginning and ending accumulated depreciation balances are $150,100 and $155,100, respectively.
The cash paid for depreciation will be $0. It should be noted that depreciation has to do with the ear and tear of an asset because its usage therefore no cash will be paid for depreciation.
It shouldn't be smaller than the "Main Breaker".
Hope that helps :p
Answer:
Explanation:
a)
The YTM of the bond at par value is equals to its coupon rate, 8.75%. Other things being equal, this 4% coupon rate bond will be more eye-catching as the coupon rate is lower than the current market yields, and its price is far below the call price. So, if yields drop, capital gains on the bond will not be restricted by the call price.
b)
If an investor foresees that yields will fall considerably, the 4% bond proposes a better expected return.
c)
Implicit call protection is offered in the sense that any likely fall in yields would not be nearly enough to make the firm consider calling the bond. In this sense, the call feature is almost irrelevant
Answer:
no
Explanation:
the airport would be liable because the fire truck blowing a tire and hitting the pole was the direct cause. not the failure of the landing gear
Answer:
$900
Explanation:
South's deductible casualty loss = $900
Fair market value before the flood 18500
Fair market value after the flood (2000)
Decline in FMV 16500
Cost basis 20000
Lesser of basis or decline in FMV 16500
Minus: Insurance proceeds (13000)
Net loss 3500
Minus: $100 Floor (100)
10% of AGI (2500)
Deductible Loss 900
