Profit = -5 x2^1 + 38X1 - 5X2^2 +44 X2 +520

A delivery truck costing $25,000 is expected to have a $1,500 salvage value at the end of its useful life of four years or 125,0

Helga [31]

Answer:

a.

Depreciation expense year 2 Straight line = $5875

b.

Depreciation expense year 2 Double declining = $6250

c.

Depreciation expense year 2 units of activity = $5264

Explanation:

a.

Straight line method is a depreciation method that charges a constant depreciation expense through out the useful life of the asset. Straight line depreciation per year is,

Straight line depreciation = (Cost - Salvage value) / Estimated useful life

Straight line depreciation = (25000 - 1500) / 4 = $5875 per year

Straight line rate = 100% / 4 = 25%

b.

Double declining balance is an accelerated method of depreciation that charges more depreciation in the initial years and less in later years. Double declining balance depreciation is calculated as follows,

Depreciation expense = 2 * Straight line rate * Book value at start of the period

Depreciation expense year 1 = 2 * 0.25 * 25000 = $12500

Book value at start of year 2 = 25000 - 12500 = $12500

Depreciation year 2 = 2 * 0.25 * 12500 = $6250

c.

The units of production method charges depreciation based on the activity for which asset is used as a proportion of the estimated useful life in terms of activity.

Depreciation expense year 2 = (28000 / 125000) * (25000 - 1500)

Depreciation expense year 2 = $5264

7 0

3 years ago

Select the correct answer. who makes decisions regarding changes in the discount rate? a. the president b. the board of governor

Taya2010 [7]

The correct answer is option B.

The board of governors make decisions regarding changes in the discount rate.

<h3><u>What is board of governors?</u></h3>

The Federal Reserve System is governed by the Board of Governors, which is based in Washington, D.C.
It is governed by seven individuals, known as "governors," who are appointed by the American president and approved in their roles by the American senate.
In order to advance the objectives and carry out the duties assigned to the Federal Reserve by the Federal Reserve Act, the Board of Governors directs how the Federal Reserve System is run.
The FOMC, the section of the Federal Reserve that determines monetary policy, includes all of the Board members.
The periods of each member of the Board of Governors are staggered so that one term ends on January 31 of every even-numbered year. Each member is appointed to the position for a 14-year period.

When the Reserve Banks lend to depository institutions and others, as well as when they offer financial services to depository institutions and the federal government, the Board also offers general oversight, direction, and counseling.

Know more about board of governors with the help of the given link:

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5 0

1 year ago

A disorder resulting from exposure to a major stressor, with symptoms of anxiety, nightmares, poor sleep, reliving the event, an

horsena [70]

PTSD
Post Traumatic Stress disorder

6 0

3 years ago

Read 2 more answers

Haskell Corp. is comparing two different capital structures. Plan I would result in 12,000 shares of stock and $100,000 in debt.

posledela

Answer:

Earnings per share (EPS) = (net income - preferred dividends) / average number of outstanding shares

EPS for all equity plan:

($80,000 x 60%) / 18,000 = $2.67 per share

EPS for Plan I:

[($80,000 - $5,000) x 60%] / 12,000 = $3.75 per share

EPS for Plan II:

[($80,000 - $7,750) x 60%] / 8,700 = $4.98 per share

3 0

3 years ago

The trees these moths used to live on were white, but have been covered in soot from coal factories. Which moth will be more suc

Fantom [35]

Answer:

Dark moth

Explanation:

The survival of the fittest.

Before, the white moth's characteristics made them the fittest moth to survive in this environment, but as the environment changed and the color of the trees got darker, the advantage shifted to the dark moths. The dark moth's characteristics are now the best ones to survive on the environment, and therefore they will multiply, while the number of white moths will decrease. Now the dark moth is the fittest, and will survive in larger numbers.

5 0

3 years ago