<span>Producer to wholesaler to retailer to consumer. </span>
Answer:
The depreciation expense for 2015 is $2,000
Explanation:
The computation of the depreciation expense is shown below:
= (Original cost - residual value) ÷ useful life
= ($35,500 - $4,000) ÷ 7 years
= 4,500
The depreciation for three years would be
= 4,500 × 3 years
= $13,500
The remaining amount would be
= $35,500 - $13,500
= $22,000
So, the depreciation expense for 2015 would be
= ($22,000 - $4,000) ÷ 9 years
= 2,000
Answer: b. Its quick ratio decreases.
Explanation:
The Quick ratio is calculated net of inventory to determine if a company can cover its current liabilities with its more liquid current assets. The formula is to subtract Inventory from the Current Assets and then divided that by the Currency liabilities.
The Quick ratio will be less than before because the number of current assets will not change but the amount of current liabilities will change as the goods were purchased on credit. With a larger denominator, the resultant ratio will be less than before.
Eye contact
Face expression
Movement
Posture
Answer:
The answer is 4.26 percent
Explanation:
This is a semiannual paying coupon.
N(Number of periods) = 40 periods ( 20 years x 2)
I/Y(Yield to maturity) = ???
PV(present value or market price) = $950
PMT( coupon payment) = $40 ( [8 percent÷ 2] x $1,000)
FV( Future value or par value) = $1,000.
We are using a Financial calculator for this.
N= 40; PMT = 40; FV= $1,000; PV= -950 CPT I/Y = 4.26
Therefore, the bond's yield-to-maturity is 4.26 percent
