Answer:
The equipment originally cost 40,000 and has a salvage value of 8,000, which means that the amount that can be depreciated is 32,000. It has a life of 8 years and follows a straight line method so the yearly depreciation would be 32,000/8= 4,000.
The depreciation for the first 2 years is 4000*2= 8,000
So the book value of the asset is 40,000-8000= 32,000
Since according to the new estimate the total life is 5 years, and 2 years have already passed the remaining life of the asset is 3 years. Also since there is no change in salvage value the amount that can be depreciated is 32,000-8,000= 24,000
To find out the deprecation in year 3 we will divide 24,000 by the reaming life which is 3.
24,000/3= 8,000
The depreciation expense in year 3 would have been $8,000
Explanation:
Answer:
The total capacity of the market in core products less the Digby's Deft is 10860 thousand units.
Explanation:
In order to completely answer the question, the complete question is found online. This question was missing some table attachments which are attached with it.
From the table, it is first noted that the core products are listed which are as below:
- Axe
- Bolt
- Buzz
- Deft
- Dim
Now as mentioned in the question, deft is to be ignored so the remaining options are:
- Axe
- Bolt
- Buzz
- Dim
Now the capacities of these are included which are found from the table and are as follow:
Axe=2050
Bolt=1040
Buzz=1040
Dim=1300
So the total capacity of 1 shift is
Axe+Bolt+Buzz+Dim=2050+1040+1040+1300=5430 units
As there are two shifts running so the total capacity is 5430x2=10860
So the total capacity of market in core products less the Digby's Deft is 10860 thousand units.
Answer:
A
Explanation:
The investment A was more risky, but in general they were both pretty much a risk.
With both having a produced annual rates of return in under 10%
Reason for A being the riskier is that his annual rate of return in average was 8%, while B's annual rate was 9%
Difference may seem small, but for bigger investments 1% can be a deal breaker.
Answer:
a. Adjusted Gross income is calculated as;
= Wages + Interest - Deduction
= 41,000 + 700 - 5,000
= $36,700
b. The couple will pick their Standard deduction in 2019 because its more than the itemized deduction.
Standard deduction for couples in 2019 = $24,400
c. I assume you mean their 2019 taxable income which is;
= Adjusted Gross income - Standard deduction
= 36,700 - 24,400
= $12,300
<em>Note; As of 2018 there are no more personal deductions. </em>
Answer:
yesss but i graduated in 2017