Answer:
depreciation expense = $10500
correct option is a. $10,500
Explanation:
given data
Equipment costing = $70,000
salvage value = $14,000
estimated life = 8 years
revised estimated total life = 6 years
to find out
depreciation expense
solution
we know that Depreciation expense per year is here express as
Depreciation expense = (cost - Salvage value) ÷ useful life ...................1
put here value we get
Depreciation expense = 
Depreciation expense = $7000 per year
so
book value as on beginning of year 3 is = 70000 - (7000 × 2)
book value as on beginning of year 3 is $56000
so
depreciation expense will be
depreciation expense = 
depreciation expense = $10500
correct option is a. $10,500
<em>Explanation</em>:
Second Quarter Sales budget
<u>Forecasted Physical Exam. (Basic at $95 per exam and Extended at $150)</u>
July
Basic > 240 =95*240=23,040
Extended > 165 = 150*165=25,200
August
Forecasted Physical Exam.
Basic > 250 = 95*250=23,750
Extended > 215 =150*215=32,250
September
Forecasted Physical Exam.
Basic > 80 =90*80 =7,200
Extended > 90 =150*90 =13500
Total Gross Sales
Basic=$53,990
Extended=$70,950
The company's external equity comes from those funds raised from public issuance of shares or rights. The cost of external equity is the minimum rate of return which the shareholders supply new funds <span>by </span>purchasing<span> new shares to prevent the decline of the market value of the shares. To compute the cost of external equity, we should use this formula:</span>
Ke<span> = (DIV 1 / Po) + g</span>
Ke<span> = cost of external equity</span>
DIV 1 = dividend to be paid next year
Po = market price of share
g = growth rate
In the problem, the estimated dividend to be paid next year is $1.50. The market price is $18.50 and the growth rate is 4%.
<span>Substituting the given to the formulas, we need to divide $1.50 by $18.50 giving us the result of 8.11% plus the growth rate; this would yield to the result of 12.11% cost of external equity.</span>
Answer:
What would your job need to include in order to make you feel satisfied?
Explanation:
The answer to your question is true.
