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lyudmila [28]
3 years ago
7

The salvage value on a piece of equipment for Excavators, Inc. is expected to be $10,000 in 12 years. If the discount rate is 8%

, what is the present value of the equipment's salvage value? A : $3,220 B : $4,039 C : $3,971 D : $3,168
Business
1 answer:
DanielleElmas [232]3 years ago
4 0

Answer:

correct option is  C : $3,971

Explanation:

given data

salvage value = $10,000

time = 12 year

rate = 8 %

to find out

what is the present value of the equipment's salvage value

solution

we get here present value of the equipment salvage value that is express as

present value of the equipment = $10000 × Present value of discounting factor

put here value we get

= \frac{salvage\ value}{(1+rate)^t}

= \frac{10000}{(1+0.08)^{12}}

= 3971

so correct option is  C : $3,971

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The total payroll of Concord Company for the month of October, 2017 was $1020000, of which $185000 represented amounts paid in e
cricket20 [7]

Answer: $74,102

Explanation:

FICA Tax Payable by Employer = 1.45% × $185,000 + 7.65% × ($1,020,000 - $185000)

                                                     = $2,682.5 + $63,877.5

                                                     = $66,560

State unemployment tax = 1% × ($1,020,000 - $601,000)

                                         = $4,190

Federal unemployment tax = 0.8% × ($1,020,000 - $601,000)

                                             = $3,352

Payroll tax expense = FICA Tax Payable by Employer + state unemployment tax + federal unemployment tax

                                 = $66,560 + $4,190 + $3,352

                                 = $74,102

4 0
3 years ago
Have you ever used USAMS cable? How about it?
Kaylis [27]

Answer:

Yes, the cables own high quality,and they are very convenient and durable.

Explanation:

4 0
3 years ago
Starbucks has hired you to make a systematic inventory of its competitive capabilities. To do so, you would conduct an assessmen
dybincka [34]

Answer:

To make a systematic inventory of Starbucks's competitive capabilities. you would conduct an assessment of Starbucks' <u>competitive set via a strategy matrix</u>

Explanation:

Making a systematic inventory of a company's competitive capabilities will help to identify growth opportunities.

A well developed competitive determines what your business will become, measures its share performance,  influence what products you developed, which consumers you targeted, where you sold the products and how you advertised and promoted them

So the first step is to list and access them to see it is strong enough to help your brand perform optimally.

This decision will drive where Starbucks focuses their attention

The Strategy Matrix is a tool that provides easy access to the solutions applied in the competitive set.

The strategy matrix can help scan possible solutions to the constraints. It combines several strategies to address several constraints according to the dynamics in the market.

4 0
3 years ago
If total liabilities increased by $6,000 and the assets increased by $8,000 during the accounting period, what is the change in
Usimov [2.4K]
The owner has $2,000 more in assets. therefor the equity increased by 2,000
6 0
4 years ago
Your seller wants to net $100,000 after the 5ommission is paid. assuming no closing costs, at what price does the home need to s
Murljashka [212]

$105,263.16

The seller's percentage of a sale is 100% - 5% commission = 95% (or .95). Take the amount the seller wants to net and divide it by that amount ($100,000 ÷ .95 = $105,263.16). Conversely, for a sales price of $105,263.16: $105,263.16 × .95 = $100,000.

the sales price is the discounted price at which goods or services are sold. This price is typically offered for a limited time and is typically used to promote sales during a recession or sell excess inventory. Discounts are advertised as a percentage of the regular list price.

Although the two are interchangeable, the sale price is usually used when the sale results in a lower than normal price for an item. Discounted prices on items compared to regular retail prices. According to the Business Dictionary, selling price is an "alternative term for price."

Learn more about sales price here: brainly.com/question/7459025

#SPJ4

4 0
2 years ago
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