Answer:
$100,000
Explanation:
Calculation of Depreciation expense:
Depreciation expense that lessee record for the first year of the lease = 900,000-100,000
= 800,000/8 = 100,000
Amount of Depreciation expense that lessee record for the first year of the lease = 100,000
Answer:
$30
Explanation:
Producer surplus is the difference between the willingness to pay of consumers and the amount a seller is willing to sell his product.
For the first piano, producer surplus = $135 - $115 = $20
For the second piano, producer surplus = $135 - $125 = $10
For the third and fourth piano, the amount David is willing to collect exceeds the willingness to pay of customers, hence no transaction would take place.
Total producer surplus = $20 + $10 = $30
I hope my answer helps you
Answer: 14.4 years
Explanation:
You can use the Rule of 72 to find out.
The Rule of 72 is a very useful formula that shows the amount of time it would take an amount to double given a certain growth rate.
The formula is:
= 72 / Growth rate in whole numbers
= 72 / 5
= 14.4 years
Approximately 14.4 years
Answer:
$215
Explanation:
From the question above, we have the following:
Average Total Cost =$40
Price =$50
Marginal Cost = $25
Marginal Revenue =$30
The formula for calculating profit is given as:
Total revenue - total costs.
Total revenue = price X quantity sold
= $50 X 5
Total revenue = $250 + $30
=> $280
Total costs = $40 + $25 = $65
Profit = $280 - $65
Profit = $215
Answer:
D) Stakeholders
Explanation:
A stakeholder is any person, firm, or group that has an interest in the performance of a project, event, or institution. Stakeholders are affected in one way or another by the outcome of an event or process. For a business organization, stakeholders are the people likely to incur losses or benefits depending on its financial performance. They include employees, investors, suppliers, shareholders, the government, and management.