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Ilia_Sergeevich [38]
3 years ago
10

You invest in a project that has a depreciable asset. The asset is depreciable under the 5year MACRS category. The depreciation

percentages for all six years are: 0.20, 0.32, 0.192, 0.115, 0.115, 0.058. On an asset worth $150,000. How much depreciation do you get to claim in year 3?a. $14, 375 b. $30,000 c. $28, 800 d. $7, 250
Business
1 answer:
hodyreva [135]3 years ago
8 0

Answer:

c.$28,800

Explanation:

Depreciation of the asset is calculated using the following formula:

Depreciation=Cost of Asset*Depreciation percentage for specific year

Keeping in mind the above formula, depreciation can be calculated as follow:

Cost of Asset=$150,000

Depreciation for year 1=150,000*0.20=$30,000

Depreciation for year 2=150,000*0.32=$48,000

Depreciation for year 3=150,000*0.192=$28,800

Therefore, the answer is c.$28,800

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Studying international business is important because the best way of conducting business is usually the same from country to cou
kakasveta [241]

Answer:

FALSE

Explanation:

Conducting business is usually NOT the same from country to country because:

1. DIFFERENCE IN BUSINESS ETHICS: Business ethics vary from nation to nation. European countries work from 8 am to 5 pm on a typical work day and rest on Saturdays and Sundays; but in the middle East, people do not work on Fridays but work on Sundays. They also take a lot of business time off for routine prayers during normal work hours.

2. NEED FOR TRANSLATORS: Differences of language does increase the cost of carrying out business activities in other nations. Take India and China for example; You cannot conclude that business deals will be carried out without hiring a translator who understands Hindi or Mandarin.

3. LOCAL LAWS AND CUSTOMS: The UK customs and laws require that cars be driven on the left hand side of the road but that is not the same in most other countries of the world, hence a U.S car manufacturer must be aware of the costs of redesign if he has to sell cars in the U.K.

5 0
3 years ago
If you wish to accumulate $125,000 in 7 years, how much must you deposit today in an account that pays a quoted annual interest
elixir [45]

Answer:

You need to deposit $58,481.53 today.

Explanation:

a) Data and Calculations:

Future value expected = $125,000

Period of investment = 7 years

Interest rate = 11% compounded quarterly

The amount of deposit needed today to earn $125,000 in 7 years at annual interest rate of 11% is calculated as follows:

N (# of periods)  28

I/Y (Interest per year)  11

PMT (Periodic Payment)  0

FV (Future Value)  125000

Results

PV = $58,481.53

Total Interest $66,518.47

7 0
2 years ago
A current loan balance is $118,000 on a 30-year loan at 7% interest, with a monthly payment of $831.63 for principal and interes
shusha [124]

Answer:

$143.30

Explanation:

In order to determine the principal reduction payment, the monthly interest will need to be calculated. The interest will then be deducted from the total monthly payment to compute the principal reduction payment:

Annual Interest           = $118,000 X 7/100

                                   = $8,260

Monthly interest         = $8,260/12

                                   = $688.33

Principal reduction    =  $831.63 - $688.33

                                   = $143.30

6 0
3 years ago
Advertising plays an important role in helping a firm develop and manage its brands. T/F
klasskru [66]

Answer:

The given above statement that advertising helps in developing and managing brand is true.

Explanation:

For a company, brand management ( which means developing and maintaining brand image of your company, in order to create a good relationship with its target consumers ) is very important for its success and proper advertising and promotion can help in creating a good brand image of the company.

With the help of advertisement, a company can deliver a message to its target consumers telling about the benefits of its brands and why their brand is much better than other competitors , and by delivering this message , a company would be able to influence the purchase decision of its consumers.

4 0
3 years ago
Honest Tea makes sure consumers understand that it is the organic ingredients that truly differentiate their product from others
Shalnov [3]

Answer:

The correct answer is Transparency.

Explanation:

Within the scope of ethical values, Transparency is known as the capacity that a human being has for others to clearly understand their motivations, intentions and objectives. Similarly, Transparency focuses on carrying out practices and methods available to the public, without having anything to hide.

4 0
3 years ago
Read 2 more answers
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