Answer:
Accumulated Depreciation As of December 31, 2010 = $105,000
Explanation:
<em>Under the straight line method of depreciation, the cost of an asset less the salvage value is spread equally over the expected useful life.</em>
<em>Annual depreciation:</em>
= (cost of assets - salvage value)/ 5 years
= (180,000 -30,000)/5
=.$30,000
<em>From July 1 2007 to December 31 2010 = 3 years 6 months = 42 months</em>
So total accumulated depreciation at the end of 3 years 6 months :
= ( 30,000/12) × 42
= $105,000
Accumulated Depreciation As of December 31, 2010 = = $105,000
Hi cletus you look like a fetus
Explanation:
area 51
Answer:
$18,250
Explanation:
In this question, we are asked to calculate the net operating income for a division of a firm.
We proceed as follows;
Turnover=Sales/Average operating assets
Average operating assets=(730,000/2)=$365000
Return on investment=net operating income/Average operating assets
Hence Average operating assets=($365000*5%)
which is equal to
=$18250.
<span>In which situation would a savings bond be the best investment to earn interest? You are putting aside a chink of money to purchase a house in 5 years. If you are able to put a chunk of money in a savings bond for a set amount of years, that will allow you to grow your funds and interest on your return at a faster rate. if you need the money quickly it is not smart to put it in a savings bond as some have a limit on how long the funds need to be in there and others will charge you if you remove funds early. </span>