Answer:
Explanation:
The computation of the depreciation expense under straight-line method is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($42,000 - $1,990) ÷ (5 years)
= ($40,010) ÷ (5 years)
= $8,002
In this method, the depreciation is same for all the remaining useful life
The journal entries are shown below:
For 2019
Depreciation expense A/c Dr $8,002
To Accumulated Depreciation A/c $8,002
(Being depreciation expense is recorded)
For 2020
Depreciation expense A/c Dr $8,002
To Accumulated Depreciation A/c $8,002
(Being depreciation expense is recorded)
Answer:
( ¹⁵C₂ )² × 5! = 1082161080
Explanation:
Data provided in the question:
Number of married couples = 15
Therefore,
Number of males = 15
Number of females = 15
Now,
The number of possible dancing arrangements
= Probability of selecting males × Probability of selecting males × ways of arranging 5 pairs
= ¹⁵C₂ × ¹⁵C₂ × 5!
= ( ¹⁵C₂ )² × 5!
=
× ( 5 × 4 × 3 × 2 × 1 )
=
× ( 5 × 4 × 3 × 2 × 1 )
=
× 120
= 1082161080
Answer: The FOUR (4) "fundamental factors" that marketers us to identify "market segmementation" are:
___________________________________________________
1) demographic segmentation ;
2) geographic segmentation ;
3) psychographic segmentation ; AND:
4) behavioral segmentation .
___________________________________________________
Solution :
1.
The income from renting his showroom that Paolo would receive if he allowed to rent his showroom is a Implicit cost as this is a cost which will not be paid in actual.
The wages as well as the utility bills paid by Paolo is an example of explicit cost as this cost would be paid in actual for the businesses and are added in accounting.
The wholesale amount that Paolo pays for the pianos to the manufacturer is an explicit cost and is aid in actual to the manufacturer.
The salary that Paolo could have earned if he choses to be an accountant will be an implicit cost as this cost is not paid in actual.
2. Paolo's accounting profit can be calculated by :
Accounting profit = revenue - explicit cost
= 851,000 - 476,000 - 281,000
= $ 94,000
3. Paolo's economic profit is :
Economic profit = accounting profit - implicit profit
= 94,000 - 34,000 - 71,000
= -11,000
Answer: 9.6%
Explanation:
Expected rate of return on the stock will change by beta times the unanticipated
change in the market return:
1.2 ( .08 - .10) = -2.4%
• Therefore, the expected rate of return on the stock should be revised to:
.12 - .024 = 9.6%