What is the definition of present value?

Copy equipment was acquired at the beginning of the year at a cost of $56,000 that has an estimated residual value of $8,000 and

sergeinik [125]

Answer:

Results are below.

Explanation:

The depreciable cost is the result of deducting from the purchase price the salvage value:

Depreciable cost= 56,000 - 8,000

Depreciable cost= $48,000

The depreciable rate is the depreciation that the asset suffers in one year express as a percentage:

Depreciation rate= 1/5 = 0.2 or 20% per year

Finally, the units of production depreciation for the first year:

Annual depreciation= [(original cost - salvage value)/useful life of production in copies]*number of copies

Annual depreciation= (48,000/1,000,000)*240,000

Annual depreciation= 0.048*240,000

Annual depreciation= $11,520

5 0

3 years ago

Eighty units of end item X are needed at the beginning of week 6, and another 30 units are needed at the beginning of week 8. Pr

alekssr [168]

Find the below attachments for complete answer

6 0

4 years ago

The Publix chain of supermarkets has stated, "We will not knowingly disappoint you. If for any reason your purchase does not giv

Zarrin [17]

The answer & explanation for this question is given in the attachment below.

3 0

3 years ago

Is paper a natural resource or capital good?

alex41 [277]

Answer:

capital goods

Explanation:

becos it is raw material that is use to making papers

3 0

3 years ago

This type of evidence can lead to the hasty generalization fallacy

Wittaler [7]

Answer:

Personal experience

Explanation:

Hasty generalization fallacy is also known as the over generalization fallacy. It is defined as making a claim grounded on the evidence that is very small. In short, the speaker jumps to the conclusions grounds on few examples.

Personal experience is defined as the something which the speaker or the person gone through or seen ourselves. So, in this people tend to take a decisions grounded off their experience and it is very quickly.

It leads to the hasty generalization fallacy. Therefore, the correct option is personal experience.

7 0

3 years ago