1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mihalych1998 [28]
4 years ago
15

An automated assembly robot that cost $400,000 has a depreciable life of 5 years with a $100,000 salvage value. The MACRS deprec

iation rates for years 1, 2, and 3 are 20%, 32% and 19.2% respectively. What is the book value at the end of year 6
Business
2 answers:
oksian1 [2.3K]4 years ago
6 0

Answer:

Book Value at end of year 6 = $100,000

Explanation:

An Asset is depreciated to salvage value therefore when depreciation is complete the book value equals salvage value or zero.

Salvage value is an estimated value of what the company expects to earn after using the asset maybe when selling off the asset.

jonny [76]4 years ago
6 0

Answer:

Check the explanation

Explanation:

Year  Depreciation Rate  Depreciation=400000*rate  Book value

1                            20                       80000                      320000

2                            32                        128000                    192000

3                          19.2                       76800                      115200

4                           11.52                     46080                     69120

5                           11.52                      46080                    23040

6                            5.76                    23040                         0

Therefore, the book value at the end of year 6 = 0

You might be interested in
If the government requires a natural monopoly to price at marginal cost, Group of answer choices monopoly firms will earn zero e
MissTica

Answer:

monopoly firms will operate at a loss because P < AC

Explanation:

A monopoly is when there is only one firm operating in an industry.

A natural monopoly exists either because of high start-up costs or high economies of scale.

A natural monopoly has a decreasing average cost for some output. When the average cost is falling, the marginal cost lies below the average cost. If the government sets price to be equal to  marginal cost, which lies below the average cost, the monopoly would incur losses.

3 0
4 years ago
The us of independent channel members in a channel of distribution allows manufacturers to ____
Kipish [7]
<span>The us of independent channel members in a channel of distribution allows manufacturers </span>to achieve distinctive clients with a similar item or diverse clients with various items exceptionally basic for vast and little firms. 
Ex) apple store, apple site, best purchase with apple items
8 0
3 years ago
Mr. Alvarez's simple interest savings account currently has a balance of $12,500. He earns 6% Interest annually. Calculate his b
nata0808 [166]

Answer:

A $13,250.00

Explanation:

The formula for calculating balance at the end of a period using simple interest is as below.

A = P(1+rt)

A =  final amount

 P=  principal amount which is $12500

 r=  interest rate 6% or 0.06

t =  time which is 1 year

A = $12,500(1+0.06 x 1)

A = $12500 x1.06 x 1

=$12500 x 1.06

=$13,250

4 0
3 years ago
________ is money that is borrowed with the promise to pay it back.
Zielflug [23.3K]
B - credit because that's the money you pay back to make sure that you make se credit for yourself
7 0
4 years ago
Arlington LLC exchanged land used in its business for some new land. Arlington originally purchased the land for $28,000. The ne
Nata [24]

Answer:

The correct answer here is $2000.

Explanation:

Given information -

Original value of asset - $28,000

Fair market value - $35,000

Equipment received in exchange of transaction - $2000

For taking out the Arlington's gain or loss  on the exchange we will select the lesser of the f\given two, which are fair market value of equipment which is $2000 and other one is gain recognized by - $35,000 + $2000 - $28,0000 = $9000, so the lesser of the two is $2000.

3 0
3 years ago
Other questions:
  • Poll taxes hurt low income african american because taxes were paid in order to
    6·1 answer
  • If a school bus stops to unload children on a divided highway with a dividing barrier, vehicles traveling in the opposite direct
    6·1 answer
  • ecord adjusting journal entries for each of the following for year ended December 31. Assume no other adjusting entries are made
    8·1 answer
  • The city fire department offers its services to any individual within its city limits, so even Paul, who is driving through the
    15·1 answer
  • The current federal minimum wage is $7.25 and has been since 2009. how much does a full-time minimum-wage worker earn per month
    8·1 answer
  • you are applying to a job after reading the listing on a job board website.The listing requests that applicants emails a copy of
    11·2 answers
  • Oriole Company uses the gross method to record sales made on credit. On June 10, 2020, it sold goods worth $247000 with terms 2/
    13·1 answer
  • The best way to build a strong network of people who help you is to
    5·2 answers
  • Maple Company just paid an annual dividend of $1.48 on its common stock and increases its dividend by 2.2 percent annually. What
    9·1 answer
  • Which question applies predictive thinking to a public policy solution?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!