Answer:
$16,400
Explanation:
Depreciation for 2020 is calculated as;
= (Cost - Nill value) × 50% × 6/12[July to December)
Given that ;
Cost = $65,600
Depreciation = ($65,600 - 0) × 0.5 × 6/12
Depreciation = $16,400
Therefore, depreciation for 2020 is $16,400.
Answer:
The correct answer is letter "B": You will not have access to Federal student aid, such as scholarships, grants, and loans.
Explanation:
Application to the Free Application for Federal Student Aid (FAFSA) is not mandatory. However, students who do not submit an application <em>will not be provided any financial aid</em> in their studies which implies paying several thousands of dollars more than if approved to the grant.
Answer:
You would pay approximately $35.00 today
Explanation:
The cost of the stock at the beginning of the year 20
= 20/9.75%
= 20/0.0975
= 205.13 dollars
We find the current price of the stock
= Fv/(1+r)^n
= 205.13/(1+9.75%)¹⁹
= 205.13/1.0975¹⁹
= 205.13/5.86
= $35.00
From this calculation you have to pay 35 Dollars today.
Answer:
B...................................
Answer:
The difference is attributed to sales.
Explanation:
The difference of $10 will be attributed to sales because $20 is charged instead of $30 which means selling price has been changed. However, it cannot be considered as a loss because the cost price is not given. It might be the actual cost price for the item is $15 and the store is selling at $20 instead of $30. So, in this case, the store is making a profit of $5. Thus, the difference is considered as the sale difference.