The answer is discouraged by government
I think it is (The Cash<span> Payments </span><span>Journal)
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Answer:
(D) $71,446
Explanation:
we will calcualte the present value for an 11 payments annuity-due (there is eleven payment of 10,000 if we count the one at purchase date) which couta is 10,000 discounted at 10%
C 10,000
time 11
rate 0.1
PV $71,445.6711
rounding to the nearest dollars: 71,446
Answer:
Check the explanation
Explanation:
the 2018 net income for company A, B and C
Company A:
Depreciation expense 11250 = (50000-5000)/4
Net income 28750 = 40000-11250
Company B:
Depreciation expense 25000 = 50000*50%i.e 0.5
Net income 15000 = 40000-25000
Company C:
Depreciation expense 14850 =(50000-5000)/200000*66000
Net income 25150 =40000-14850
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