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Alexxx [7]
3 years ago
12

A photocopier cost $ 102 comma 000 when new and has accumulated depreciation of $ 93 comma 000. If the business discards this pl

ant​ asset, the result is​ ________.
Business
1 answer:
vekshin13 years ago
7 0

Answer:

$9,000

Explanation:

The result is the Net Book Value (NBV) as the time when the photocopier is discarded. The formula for calculating the NBV is given as follows:

NBV = Cost of equipment - Accumulated depreciation

Since;

Photocopier cost = $102 comma 000 = $102,000

Accumulated depreciation = $ 93 comma 000 = $93,000

Therefore, the NBV for the photocopier can be obtained as using the NBV formula above as follows:

NBV = $102,000 - $93,000

        = $9,000

If the business just discard the photocopier without selling at a price as at the time of discard, the business has lost a total of $9,000 which is the NBV of the photocopier.

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A bond's ______ is generally $1,000 and represents the amount borrowed from the bond's first purchaser. A bond issuer is said to
blondinia [14]

Answer:

Maturity value; Default; Sinking fund provision; Call provision.

Explanation:

Maturity value is the sum payable to an investor toward the finish of a debt instrument's holding period (maturity date).

Sinking fund provisions means a provision in some bond indentures requiring the backer to set cash aside to reimburse bondholders at maturity.

A call provision is a provision on a bond or other fixed-pay instrument that enables the guarantor to repurchase and resign its bonds.

8 0
3 years ago
Rachel's Designs has 1,100 shares of 7%, $50 par value cumulative preferred stock issued at the beginning of 2019. All remaining
gladu [14]

Answer:

The dividend payable to the cumulative preferred stock holers in 2021 is $11,550 while the amount payable to common stock holders is $1,450.

Explanation:

Cumulative preferred stock dividends accrue and becomes payable when the reporting entity has favourable cash flows. Rachael Designs plans to make payment of $13,000 dividends in 2021. As the annual cumulative preferred dividend is $3,850 (1,100 shares x $50 x 7%), the amount due over three years will be $3,850 x 3 whcih is $11,550. Thus, out of the proposed cash outflow of $13,000, the amount of $11,550 will be paid to cumulative preferred stock holders while only $1,450 will be paid to the common stock holders.

5 0
3 years ago
What are taxes???????????
sladkih [1.3K]
Taxes are the money that the government give you to the last of the years for you work all the years
7 0
2 years ago
Read 2 more answers
Jarvey Corporation is studying a project that would have a ten-year life and would require a $450,000 investment in equipment wh
Tems11 [23]

Answer:

Payback period = 3 years

Explanation:

<em>The payback period is the average length of time it takes the cash inflow from a project to recoup the cash outflow.</em>

<em>Where a project is expected to generate a series of equal annual net cash inflow, the payback period can be calculated as:  </em>

<em>Payback period =The initial invest /Net cash inflow per year </em>

The cash inflow = Net operating income + Depreciation

                          = 105, 000 + 45,000 = 150,000

Note we have to add back depreciation because it is not a cash-based expenses. And payback period makes use of only cash-based revenue and expenses.

Payback period = 450,000/150,000

                          = 3 years

Payback period = 3 years

5 0
3 years ago
The money paid to corporate investors in return for their investment is called _______.
Andrej [43]
It's called dividend. It's their share of the profit
8 0
3 years ago
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