Cost on January 1 2016 = $1,250,000
Life = 10 years
Therefore,
Double-declining depreciation rate = 2*(1,250,000/10)/1,250,000 = 2*0.1 = 2*10% = 20%
Book value at end of 2016 = 1,250,000 - (1,250,000*20/100) = $1,000,000
Book value at end of 2017 = 1,000,000 - (1,000,000*20/100) = $800,000
Book value at end of 2018 = 800,000 - (800,000*20/100) = $640,000
Changing to straight line depreciation:
Life remaining = 7 years
Book value = $640,000
Depreciation expense per year = 640,000/7 = $91,428.57
Therefore, depreciation expense for 2019 = $91,428.57
        
             
        
        
        
Answer:
A. $0.90 
Explanation:
Earning per share = (Net Income - dividends on preferred stocks)/average outstanding common shares
Particulars                                                               Amount
Earning After Tax                                                       128750
Taxes                                                                       15000
Earning before Tax & Interest Expense               143750
Interest Expense                                                      (20000)
Earning after Interest, but before Tax                       123750
Taxes                                                                       (15000)
Earning after Taxes                                               108750
Preferred Dividends                                               (18750)
Earning available for common stock holders       90000
common stock outstanding                                      100000
Earning per share                                                         0.9
Therefore, The outstanding Earnings per share on the common stock was $0.90
 
        
             
        
        
        
Answer:
The correct answer is letter "B": define the organization's purpose in society.
Explanation:
A company's mission reflects what is the purpose of the firms in regards to the impact with its surrounding society. It describes what product is going to be offered, what are the association's potential consumers, and in what sector of the society the firm will focus.
 
        
             
        
        
        
Answer: i think the third one maybe... (APEX)
Explanation: this should work
 
        
             
        
        
        
Answer:
It will take 25.28 year to have enough to buy the car ( ignoring Inflation effect)
Explanation:
Current Deposit = PV = $49,000
Future Value = FV = $199,000
Interest Rate = r = 5.7%
Use following Formula
FV = PV ( 1 + r )^n
$199,000 = $49,000 ( 1 + 0.057 )^n
$199,000 / $49,000 = ( 1 + 0.057 )^n
4.06 = 1.057^n
Log 4.06 = n log 1.057
n = log 4.06 / log 1.057
n = 25.28
it requires 25.28 year to have an amount to buy the Ferrari.