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lyudmila [28]
2 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]2 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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adoni [48]

Answer:

Benton Island, Inc.

Operating Activities Section of the Statement of Cash Flows for the year ended December 31, 2018 (using the direct method):

Cash from customers              $80,000

Cash to Suppliers                      -85,000

Cash to Employees                   -50,000

Income Taxes                              -11,000

Net Cash flow from Operating -66,000

Explanation:

1. The operating activities section shows inflows and outflows of cash resulting from a company's key operating activities.  Operating activities are different from the investing and financing activities of a firm.  The investing activities section shows the investments in assets and other entities made by the company, while the financing activities section shows how the company is funded and the repayments made to fund providers in principal and interest.

2.  The operating activities section can be prepared using two methods: the direct and the indirect methods.  The direct method starts by identifying the cash receipts and payments from operating activities.  The indirect method starts with the operating income and makes adjustments for non-cash flows, like Depreciation.

7 0
3 years ago
Which of these factors contributes to the popularity of cable TV advertising?
defon

The factor that contributes to the popularity of cable TV advertising is "wide reach."

Unlike the normal print, newspaper, radio, or local television stations, cable TV advertising can reach a larger audience.

This is evident in the fact that Cable TV adverts can be viewed anywhere in the country and across the globe.

Also, another advantage is that it can easily be tied to a particular program, such as sports programs and other exciting programs.

Hence, in this case, it is concluded that the correct answer is option A. "Wide Reach."

Learn more here: brainly.com/question/9799669

5 0
2 years ago
What is the percentage of students that graduate the University of Michigan each year?
photoshop1234 [79]
97% of the students graduate. and stay for a second year

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3 years ago
If your 2 brothers are fighting how do u get them to stop
AleksandrR [38]
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3 years ago
Read 2 more answers
Kelly Company sells its only product for $250 per unit. It has variable costs of $90 per unit. Annual fixed operating costs amou
zhuklara [117]

Answer:

the break even point in units is 120,000 units

Explanation:

The computation of the break even point in units is shown belwo:

= Annual fixed operating cost ÷ (Selling price per unit - variable cost per unit)

= ($19,200,000) ÷ ($250 per unit - $90 per unit)

= $19,200,000 ÷ $160 per unit

= 120,000 units

hence, the break even point in units is 120,000 units

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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