Answer:
The annual amount of depreciation expense for each of the remaining years would be:
$6240
Explanation:
Equipment 82000
Life 5 years
Salvage 4000
Year Cost Annual Dep Book value
Year 1__________________ 78000 15600 62400
Year 2__________________ 62400 15600 46800
Year 3__________________ 46800 15600 31200
Year 4__________________ 31200 6240 24960
Year 5__________________ 24960 6240 18720
Year 6__________________ 18720 6240 12480
Year 7__________________ 12480 6240 6240
Year 8__________________ 6240 6240 0
Answer: all publicly available information(C)
Explanation:
The efficient market hypothesis states that the market can't be beaten because it consists of all vital information into current share prices, thereby stocks trade at values which are fair. The theory consists of three versions which are the weak, semi-strong and the strong form.
The semi-strong form states that the value of a security is based on all publicly available information
because public information is a vital aspect of a stock's current price, and the investors can utilize the fundamental or technical analysis, though available information .
Answer:
The answer is given below;
Explanation:
a. Cash Dr.$302,000
Capital (44,000*5) Cr.$220,000
Paid in Capital in excess of par Cr.$82,000
b. Cash Dr.$73,000
Capital Cr.$73,000
c. Cash Dr.$42,000
Capital 2,300*15 Cr.$34,500
Paid in capital in excess of par Cr.$7,500
Machinery Dr.$150,000
Cash (150,000-92,000)Cr.$58,000
Note payable Cr.$92,000