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Sunny_sXe [5.5K]
2 years ago
13

During 2015, equipment with a book value of $40,000 and an original cost of $210,000 was sold at a loss of $3,000. how much depr

eciation expense was recorded on equipment during 2015?
Business
1 answer:
alexdok [17]2 years ago
4 0

Answer:

How much depreciation expense was recorded on equipment during 2015? $10000

Explanation:

Year Cost monthly Dep NBV

Year 1 210000 10000 200000

Year 2 200000 10000 190000

Year 3 190000 10000 180000

Year 4 180000 10000 170000

Year 5 170000 10000 160000

Year 6 160000 10000 150000

Year 7 150000 10000 140000

Year 8 140000 10000 130000

Year 9 130000 10000 120000

Year 10 120000 10000 110000

Year 11 110000 10000 100000

Year 12 100000 10000 90000

Year 13 90000 10000 80000

Year 14 80000 10000 70000

Year 15 70000 10000 60000

Year 16 60000 10000 50000

Year 17 50000 10000 40000

Year 18 40000 10000 30000

Year 19 30000 10000 20000

Year 20 20000 10000 10000

Year 21 10000 10000 0

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3 years ago
The upward-sloping portion of the long-run average cost curve is a result of:.
iogann1982 [59]

Answer:

average cost is increasing

Explanation:

7 0
2 years ago
Blackstone Technology is planning to invest in some project using external equity. The company has a beta of 1.1. The return on
Salsk061 [2.6K]

Answer:

Cost of equity = 19.1 %

Explanation:

Cost of equity = required rate of return + flotation cost

The Capital assets pricing model would be used to determined  the required rate of return

<em>The capital asset pricing model (CAPM): relates the price of a share to the market risk or systematic risk. The systematic risk is that which affects all the all the economic agents, e.g inflation, interest rate e.t.c  </em>

Using the CAPM , the required rate of return is given as follows:  

E(r)= Rf +β(Rm-Rf)  

E(r) - required return

β- Beta

Rm- Return on market

Rf- Risk-free rate

DATA

E(r) =? , Rf- 3%, Rm-14% , β- 1.1, flotation cost - 4%

E(r) = 3% + 1.1× (14% - 3%) = 15.1 %

Cost of equity = required rate of return + flotation cost

                        = 15.1 % + 4% = 19.1 %

Cost of equity = 19.1 %

7 0
3 years ago
Why do some workers lose their job when the minimum wage is​ increased?
Julli [10]
The company can't afford to pay their employees. If you have 100$ you can have ten people working for 10$ an hour and pay everyone for one hour. You can't have 10 people getting paid 20$ because the company would lose money. So if they are paid 20$ per hour, the company can only afford to hire 5 employees. 
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3 years ago
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The real dangers of investing with this company are those associated with land, stocks, goods, or legal disputes.

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The investment's projected return, or what we refer to as the potential return, has the potential to generate significant profit or loss.

Keep in mind that it is regarded as a type of computed metric that enables investors to determine the possible profit an investment may receive; in the example above, it may result in greater profit or loss.

Learn more about investments here;

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