Answer:
$224.000
Explanation:
Solving for The charge on Accumulated Depreciation.....
Accumulated depreciation on 31.12.2020 = $360,000
Book value on 31.12.2020 = Cost - accumulated depreciation = $1,480,000 - $360,000 = $1,120,000
Remaining useful life on 31.12.2020 after change in estimate = 5 years
As per GAAP, change in estimate is accounted for prospectively therefore remaining book value of $1,120,000 will be depreciated over remaining life of 5 years
Depreciation for 2021 = $1,120,000 / 5 = $224,000
$224.000 is therefore the Depreciation for 2021.
Answer:
The answer is A. Treasury Bills
Explanation:
Treasury bills (T bills) are short-term security(debt security) backed by the national government. The maturity period is always less than a year or a year at maximum.
Since the customer's horizon is 3 months, he should walk up to his bank and buy treasury bills. It is always risk free.
Tbills is usually sold at discount to par value i.e the purchase price is less than the face value(value at maturity) of the bill.
Answer:
The message should be brief and indirectly imply the refusal.
Explanation:
When refusing an applicant's request; it's standard practice to be polite and brief. Less words are very much commendable, to avoid emotion. Also, communication should be positive and respectful.
Answer:
Profit= $25000
Explanation:
Giving the following information:
Tere are 100 business travelers who will pay $600 for a ticket while 50 vacationers will pay $300 for a ticket. T
There are 150 seats available on the plane.
The cost to the airline of providing the flight is $20,000.
Price= $300
Profit= ($300*150) - 20000= $25000