Answer:
c.$28,800
Explanation:
Depreciation of the asset is calculated using the following formula:
Depreciation=Cost of Asset*Depreciation percentage for specific year
Keeping in mind the above formula, depreciation can be calculated as follow:
Cost of Asset=$150,000
Depreciation for year 1=150,000*0.20=$30,000
Depreciation for year 2=150,000*0.32=$48,000
Depreciation for year 3=150,000*0.192=$28,800
Therefore, the answer is c.$28,800
Answer:
Explanation:
Number of completed barrels = 216 + (244-216)*60%
= 233 barrels
Cost per barrel = (3245+3230)/233 = 27.8
Cost of oil shipped in pipeline = 216 * 27.8= 6003 millions
Cost of work in process ending inventory = (244-216)*60% * 27.8
= 467.04 million
The best answer for this question would be:
$150,000
Because in the method of the “non-working” spouse method, they are given a calculation of (18 - youngest child's age) × $10,000 (18 being the legal age)
Resulting that the solution would be:
<span> (18 - 3) × $10,000 = $150,000</span>
In this case the perfect tender rule
b. does not apply.
Explanation:
The perfect tender rule has certain exceptions where it cannot be applied to the tender parties and the probates of the tender.
If there is a government ruling against the use of certain products that are necessary for the tender to be completed and the outlaw happens after the tender is signed but before it is completed as a consignment then it cannot be done.
This would come under the ambit of an emergency where the governed ruling makes such deals null and void.
