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2 years ago

Wizard Co. purchased two machines for $250,000 each on January 2, 2005.

Business

1 answer:

Vikki [24]2 years ago

7 0

Answer:

B. $275,000

Explanation:

The second machine will be depreciate over time as it can later be used for operational purposes or another research projects. The first, as can only be used for a research project It should be considered expenses for the entire amount regardless of the useful life.

Machine B useful life 10 years

depreciation expense: cost / useful life

250,000 / 10 = 25,000

machine A 250,000 + 25,000 depreciation for machine B = 275,000 total

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(a) When an anti-assignment clause exists in a contract, a court will not enforce it because it is against public policy.

lidiya [134]

Answer:

a. FALSE

b. A contract cannot forbid the assignment of the right to receive funds . Assignments also cannot be restricted for the transfer of real estate , also called a restraint against alienation . A contract cannot prohibit the assignment of checks or promissory notes, also called negotiable instruments . The right to receive damages in a contract for the sale of goods also can be assigned, even if the contract forbids it.

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2 years ago

The strategy that deals with product and process innovation and improvement is known as a __________ strategy.

Phantasy [73]

The strategy that deals with product and process innovation and improvement is known as a R & D strategy.
R & D is also known as research and development, which means, they continue searching for a possible process or way to improve the current process.

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3 years ago

Suppose your firm just issued a 20-year, $1000 par value bond with semiannual coupons. The coupon interest rate is 9%. The bonds

sergiy2304 [10]

Answer:

4.78%

Explanation:

From the question given, we solve the issue

the calculation of he bond price is:

Price of bond = per value * (1- flotation cost)

$1000 * (1- 0.05)

= $950

For the calculation of semi-annual coupon payments,

Semi -annual coupon payment = Par value * Interest/2

$1000 * 0.09/2 = $45

Calculation of semi- annual yield to maturity

Let recall the following

YTM = yield to maturity

C = The semi-annual coupon payment

FV= Face value or par value

PV= Price of a bond

n = Maturity years of the bond

Therefore,

YTM= C + FV - PV/n/ FV + PV/2

which is

$45 + $1000 - $950/40/$1000 + $950 / 2 = 4.78%

4 0

3 years ago

What should the west be doing to keep healthy economies? what are their options?

Korolek [52]

Answer:

The west should pursue policies that encourage economic growth and stability. Their options include:

1. Pursuing sound monetary policies that promote economic growth and stability.

2. Adopting pro-growth fiscal policies that help to increase government revenue and reduce government spending.

3. Promoting free trade and investment that allow for the efficient allocation of resources and the maximization of economic growth.

4. Pursuing policies that increase the flexibility of their economies and allow for a quick response to changing economic conditions.

5. Encouraging entrepreneurship and innovation that lead to new products and services and create jobs and economic growth.

4 0

10 months ago

Charlie's Chocolates' had stock issuances of $52,000 and dividends of $21,000. The company has revenues of $85,000 and expenses

cricket20 [7]

Answer: $20,000

Explanation:

Given that,

Charlie's Chocolates' had

Stock issuance = $52,000

Dividends = $21,000

Revenues = $85,000

Expenses = $65,000

Net income is calculated by subtracting expenses from revenues.

Net income = Revenues - Expenses

= $85,000 - $65,000

= $20,000

Charlie's Chocolates' net income is $20,000.

7 0

3 years ago