Answer:
Future value is approximately $3,183,600 which is equal to $3,184,000.
Explanation:
Please see attachment
Answer:
False
Explanation:
Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods.
Fiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value.
<span>Value web model consists of information systems that enhance competitiveness at the industry level by promoting the use of standards and industry-wide consortia, and by enabling businesses to work more efficiently with their value partners.</span>
Answer: par value
Explanation:
The __________ value of stock is an amount assigned per share by the corporation in its charter. In many states, this amount establishes the minimum legal capital, which refers to the least amount that the buyers of stock must contribute or be subject to paying at future dates.
Answer
Par value of stock
Par value for a share refers to the stock value stated in the corporate charter.
Answer:
a. $33,859
Explanation:
The computation of the depreciation expense for the year 2022 is given below;
The Depreciable Value of the Asset is
= Cost - Residual Value
= $212,000 - $21,000
= $191,000
Now
Total Sum of the Years is
= (1+2+3+4+5+6+7+8+9+10)
= 55
Now
Depreciation for the year 2022
For Jan 1st 2022 to Sept 30 is
= 10 ÷ 55 × 9 ÷ 12 × $191,000
= $26,045
And,
For Oct 1st Dec 31 is
= 9 ÷ 55 × 3 ÷ 12 × $191,000
= $7,813
So,
Depreciation expense is
= $26,045 + $7,814
= $33,859