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disa [49]
3 years ago
8

An asset with a historical cost of $14,725 and accumulated depreciation of $10,000 was discarded, having no market value. How mu

ch will be recorded as a loss or gain on disposal?
a.loss of $4,725
b.gain of $4,725
c.no loss or gain
d.Cannot be determined.
Business
1 answer:
ale4655 [162]3 years ago
8 0

Answer:

a.loss of $4,725

Explanation:

As the asset has a historical cost of $14,725 and accumulated depreciation = $10,000, its carrying value shall be : $4,725

That is carrying value = Historical cost - Accumulated depreciation = $14,725 - $10,000

As it is provided that the asset is discarded with $0 market value, there is no amount received when the asset is discarded.

Thus, Sale price = $0

Carrying value = $4,725

Thus, loss = Sale price - Carrying value = $0 - $4,725

Loss = $4,725 as the value is negative.

Therefore, option a is correct.

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Floyd Industries stock has a beta of 1.25. The company just paid a dividend of $.40, and the dividends are expected to grow at 5
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Answer:

5.62%

13.75%

Explanation:

According to the DDM method,

the value of a stock = [dividend x ( 1 + growth rate)] / [cost of equity - growth rate]

67 = 0.4(1.05) / r - 0.05

multiply both sides of the equation by r -0.05

67(r - 0.05) = 0.42

divide both sides of the equation by 67

r - 0.05 = 0.006269

r = 0.0563

= 5.63%

b. the cost of equity using the capm method =

risk free rate of return + beta x ( expected return - risk free return)

5% + 1.25 x (12 - 5) = 13.75%

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B. Only Harvey is correct
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When entering traffic, you should activate your turn signal after
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Jeff, a local traffic​ engineer, has designed a new pedestrian foot bridge that is capable of handling the current traffic rate
Delicious77 [7]

Answer:

a. How long will the current bridge system work before a new bracing system is​ required?: 64.18 years or 64 years and 2 months.

b. What if the annual traffic rate increases at 8 ​% ​annually: The bracing system will last for 24.65 years or 24 years and 7 months.

c. At what traffic increase rate will the current system last only 12 ​years: 17.13%

Explanation:

a. Denote x is the time taken for the number of pedestrian to grow from 300 to 2000. The current pedestrian is 300, the grow rate per year is 3% or 1.03 times a year. Thus, to reach 2,000, we have the equation: 300 x 1.03^x = 2000. Show the equate, we have 1.03^x = 6.67 <=> x = 64.18

b.  Denote x is the time taken for the number of pedestrian to grow from 300 to 2000. The current pedestrian is 300, the grow rate per year is 8% or 1.08 times a year. Thus, to reach 2,000, we have the equation: 300 x 1.08^x = 2000. Show the equate, we have 1.08^x = 6.67 <=> x = 24.65.

c. Denote x as traffic increase rate. The current pedestrian is 300, the grow rate per year is (1+x) times a year. Thus, to reach 2,000 after 12 years and thus a new bracing system to be in place, we have the equation: 300 x (1+x)^12 = 2000. Show the equate, we have (1+x)^12 = 6.67 <=> 1+x = 1.1713 <=> x = 17.13%.

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What is an alimony? By the end of the the four months, in all, he owes $14,000 I am pretty sure
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