Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
c. $4,000
Explanation:
The computation of the depreciation expense for year 2 under straight-line method is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($25,000 - $5,000) ÷ (5 years)
= ($20,000) ÷ (5 years)
= $4,000
In this method, the depreciation is same for all the remaining useful life i.e $4,000 is charged for remaining three years
Answer:
there is 12,548,067 13 year old female children in the U.S that is 17% per a 2019 survey
Answer:
1. Cash at December 31, 2017 is $413,000.
Explanation:
As per IAS-7, which deals with the Statement of Cash Flow, the year end Cash balance should be calculated as follows under indirect method:
Cash opening balance
Add: Net cash provided by operating activites
Less: Net cash used by investing activities
Add: Net cash provided by financing activities
Note: The terms "Provided" and "Used" are the basis of addition and subtraction.
<u>Calculation</u>
300,000 + 486,000 - 932,000 + 559,000 = $413,000.
Answer:
c.$176,720
Explanation:
Calculation for The NPV for this project
NPV=-450,000+200,000 / (1.16)^1+225,000 / (1.16)^2+275,000 / (1.16)^3+200,000 / (1.16)^4
NPV=-450,000+172,414+167,212+176,181+110,458
NPV=176,720
Therefore The NPV for this project is closest to :176,720
