Answer:
Annual depreciation (year 1)= $1,400
Explanation:
Giving the following information:
Buying price= $36,000.
Useful units= 300,000 units of product.
Salvage value= $6,000
During its first year, the machine produces 14,000 units of product.
To calculate the depreciation expense for the first year under the units of production method, we need to use the following formula:
Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced
Annual depreciation= [(36,000 - 6,000)/300,000]*14,000
Annual depreciation= 0.1*14,000= $1,400
Answer:
7.52%
Explanation:
First and foremost ,the yield to maturity on the old issue is computed using the rate formula in excel as calculated below:
=rate(nper,pmt,-pv,fv)
the nper is the number of times the bond would pay annual coupon interest of $106,which is 20 times
pmt is the amount of annual coupon payment which is $106
pv is the current price of the bond at $860
fv is the face value of the bond at $1000
=rate(20,106,-860,1000)=12.54%
The yield to maturity on the new issue is 12.54% as well
after-tax cost of debt=pretax cost of debt*(1-t)
pretax cost of debt is yield to maturity of 12.54%
t is the tax rate of 40% or 0.4
after-tax cost of debt=12.54%
*(1-0.4)=7.52%
The present economic system of the United States would be most accurately described as <u>free market economy</u> while the present economic system of China would be most accurately described as <u>socialist economic system</u> of China.
<h3>What is an
economic system?</h3>
This refers to the method used by a society to produce and distribute goods and services depending on their goals and values.
<h3>Types of
economic system:</h3>
- Traditional economy: This means an economic system in which people produce and distribute goods according to customs handed down from generation to generation.
- Command economy: This is an economic system in which the government makes all economic decisions.
- Market economy: This is an economic system in which individual choice and voluntary exchange direct economic decisions
- Socialism: This is an economic system in which the government owns some or all of the factors of production.
- Communism: This is an economic system in which the government owns all the factors of production and there is little to no political freedom
Read more about economic system
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Answer:
b) $500 is recognized in year 1 and $8,500 in year 2.
Explanation:
Calculation to determine When must Colbert recognize the income if his accounting methods are selected to minimize income recognition?
Calculation for amount recognized in year 1
Payment in year 1= $9,000 ÷ 18 months
Payment in year 1= $500
Therefore Based on the above calculation the amount recognized in year 1 will be $500
Calculation for the amount recognized in year 2
Payment in year 2 = $9,000 - $500
Payment in year 2= $8,500
Therefore The amount recognized in year 2 will be $8,500
I believe the answer is:
1/Retirement plans
Especially the one that arranged by the government since it guaranteed by Federal banks
2/Property
The value would almost always increasing over time
3/A-rated bonds
A- rated bonds is score that given to the bond that have strong chance of return by credit rating company
4/Speculative stocks
If speculative stocks is scored by rating company, it would become B-rated or lower.