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spin [16.1K]
3 years ago
10

Viva, Inc. bought machine X for $18,000 two years ago. The machine had no residual value and had an estimated useful life of 10

years. If the company uses the straight-line depreciation method, calculate the current book value of the machine.
Business
1 answer:
FinnZ [79.3K]3 years ago
4 0

Answer:

$14,400

Explanation:

The computation of the current book value of the machine is shown below:-

Value of the Machine two Years ago = $ 18,000

Annual Depreciation = Cost - Salvage Value ÷ Useful Life

= ($18,000 - 0) ÷ 10

= $ 1,800  

Depreciation for two years = $1,800 × 2

= $ 3,600  

The Current Book Value = Cost - Depreciation for two years

= $18,000 - $3,600

= $14,400

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Answer:

The answer is $41.67

Explanation:

Po = D1/r - g. This formula is called Discount Dividend Model and it is one of the methods used in valuing company's stock.

Po is the present or current value of the stock

D1 is the next year dividend payment

r is the discount rate

g is the growth rate.

Po = $5.00 /0.16 - 0.04

= $5.00/0.12

=$41.67

Therefore, the current stock price is $41.67

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3 years ago
Carol is a vice president for sales and marketing at her company. She conducts a survey asking customers their impressions of th
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3) The statement "in response to requests from customers for healthier food on the menu, a restaurant tweaks its recipe for its most popular sandwich to remove processed ingredients and replace them with fresh vegetables." describes a strategy that adds value to multiple factors as it goes through several activities in the value chain because the company's decision to use less processed ingredients and more fresh vegetables not only facilitates production but also responds to a customer need, which will value the products even more.

8 0
3 years ago
1. A department is looking for an entry-level cashier. One of the job applicants is a cashier with 30 years of experience as a c
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The candidate with 6 months of experience shall be hired by the department for the position as an entry-level cashier.

<h3>Who is cashier?</h3>

A cashier is a professional who has expertise in managing the cash inflows and outflows of an organization and deal with the cash transactions of an organization on a daily basis.

A cashier who has 6 months of experience be more suitable for such role in the department, and will also take lesser pay than the one with 30 years of experience.

Hence, it may be concluded that the cashier with less experience will be a suitable one to be hired at the position as such.

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brainly.com/question/27622487

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2 years ago
Sheridan Company had the following transactions during the quarter end:
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Answer:

Payment of insurance premium include in last quarter = $204,000

Explanation:

Given:

Insurance premium during the year = $816,000

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3 years ago
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Mamont248 [21]

Answer:mission and vision of the garage

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5 0
3 years ago
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