Colorado General Assembly.
Answer: $322,000
Explanation:
Consolidated income = Net income from Ackerman + Net Income from Brannigan + Excess depreciation - Amortization of unpatented tech - Gain from transfer of equipment
Excess depreciation = New depreciation of equipment - Old depreciation
Depreciation is straight line;
= (200,000/5 years) - (110,000/5)
= $18,000
Gain from transfer of equipment
= Sales - Book value
= 200,000 - 110,000
= $90,000
Consolidated income = 300,000 + 98,000 + 18,000 - 4,000 - 90,000
= $322,000
It’s difficult for companies to market their movies since many people aren’t visiting theatres with Delata variant going on. Companies like Disney/Marvel recognise this and teased their “Black Widow”movie to Disney plus for people who refused to go to the theatres.
Answer:
$44,059
Explanation:
The formula and the computation of the future value is shown below:
Future value = Present value × (1 + interest rate)^number of years
= $25,000 × (1 + 0.12)^65
= $25,000 × 1.7623416832
= $44,059
By applying the future value formula, we calculated the future value by considering the present value, interest rate, and the time period
