Answer:
The depreciation expense for Year 1 under units of production method is $5200.
Explanation:
The units of production method of depreciation charges the depreciation expense based on the activity level for which the asset was used during a period. There is an estimated useful life of the asset in terms of how many units it is expected to produce through out its useful life. The formula for units of production method of depreciation is,
Depreciation charge per unit = (Cost - Salvage value) / Total estimated useful of asset in units
Thus, per unit depreciation is = (30000 - 6000) / 60000 = $0.4 per mile
In the first year, the asset is used for 13000 miles so depreciation expense for the year is,
Depreciation expense Year 1 = 0.4 * 13000 = $5200
Answer:
D.
Revenues to be understated
Explanation:
Understated amounts indicate a reported amount is not correct and the reported amount is less than the true amount.
Answer:
joint venture
Explanation:
Traditionally, Starbucks has depended on a model of the franchise to expand globally. However, when it comes to India, another approach was taken by the coffee chain. It allied with Tata Group to creat a joint venture.
A joint venture (JV) is a business deal where 2 or more parties agree to pool their money for a particular task to be accomplished. This role can be a new project or any other operation of the business.
Answer:
There are many of those problems. One of them is immigration. Naturally, there is a cost to receive thousands of people. The demographic figures are altered and as a consequence the labor fan grows, but the data shows that, although in the medium term the clearest results are seen, in a single year progress is also observed.
Answer:
$730 and 3.53%
Explanation:
Given that
Initial Price = $103.39
Ending Price = $106.69
Dividend Paid = $0.35
Number of Shares owned = 200
The computation of the dollar return and the percent return is shown below:
Dollar return is
= [0.35 + ($106.69 - $103.39)] × 200
= $730
And, the percentage return is
= $730 ÷ (200 × $103.39)
= 3.53%
