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kobusy [5.1K]
3 years ago
15

Brinkman Corporation bought equipment on January 1, 2007 .The equipment cost $90,000 and had an expected salvage value of $15,00

0. The life of the equipment was estimated to be 6 years.
The depreciable cost of the equipment is

a. $90,000
b. $75,000
c. $50,000
d. $12,500
Business
1 answer:
bekas [8.4K]3 years ago
5 0

Answer:

The depreciable cost of the equipment is b. $75,000

Explanation:

Depreciable cost is the amount of an asset's cost that will be depreciated. Depreciable cost is calculated by total cost (purchase cost, installation cost, ...) of an asset minus its estimated salvage value.

Depreciable cost = Cost - salvage value = $90,000 - $15,000 = $75,000

From Depreciable cost, the company uses a depreciation method to charge depreciable cost to expense over the useful life of the equipment.

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Allan purchased 800 shares of stock on margin for $31 a share and sold the shares five months later for $33.50 a share. the init
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Answer:

Holding period return = 4.94%

Explanation:

Given that :

Allan purchased 800 shares of stock on margin for $31

And He sold it at the rate of $33.50 after five months.

Initial Margin requirement = 65%

Maintenance Margin = 30%

Interest Rate on Margin loan = 7.5%

The Holding period return can therefore be calculated by the formula:

Holding period return =  (sale price - purchase price - interest paid )/Purchase price

where ;

31 × 800 = 24800

Interest for five month = 5/12

Holding period return = (33.50-31)×800 - (7.5% ×24800× 5/12) / 24800

Holding period return = (2000-775)/24800

Holding period return = 0.0494

Holding period return = 4.94%

5 0
3 years ago
One of the huge benefits of just-in-time production is that the need for _______________ is eliminated.
dsp73

One of the huge benefits of just-in-time production is that the need for "time" is eliminated.

<h3>What is just-in-time production?</h3>

With just-in-time (JIT) manufacturing, products are produced as needed, rather than in excess or ahead of schedule.

Some characteristics of just-in-time are-

  • With just-in-time (JIT) manufacturing, products are produced as needed, rather than just-in-time (JIT) inventory system is a management strategy that aligns raw-material orders from suppliers directly with production schedules in excess or ahead of schedule.
  • Because Toyota, a vehicle manufacturer, introduced just-in-time manufacturing in the 1970s, the practise is often referred to as the Toyota Production System (TPS).
  • To prevent work-in-process overcapacity, JIT is frequently used in conjunction with the scheduling technique known as kanban.
  • The JIT production method depends on consistent output, excellent craftsmanship, no equipment failures, and trustworthy suppliers for its success.
  • The JIT system is also known as short-cycle manufacturing (as used by Motorola) and continuous-flow manufacturing (as used by IBM).

To know more about just-in-time inventory management, here

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2 years ago
Which statement is not correct about the business-society interdependence?
Dmitry_Shevchenko [17]

Answer:

D. Actions by governments rarely significantly affect business

Explanation:

Business-socciety interdependence points out how business activities impact society and how society impacts business decisions. Government actions play a significant role in business performance. For example, an increase in interest rate increases the cost of borrowing and acts as an investment disncentive. Likewise, an increase in corporation tax stifles the incentive to invest and reduces corporate profit. Other government interventions such as standards and regulations, minumum wage legislations, permits and licenses would not only reduce business profits but could make doing business very cumbersome. Also, the extent to which the government is committed to maintaining political stability could determine the extent to which invesmtent thrives in an economy.

6 0
3 years ago
Mihee's old job was to answer phones in a call center. Her job was redesigned, and now she also does customer surveys. This is a
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Answer:

Job Enlargement

hope dis helps ^-^

7 0
3 years ago
Why is simple interest useful for planning parts of your financial future? a. simple interest can endure unforeseen economic cha
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A bank with a simple interest savings plan will automatically transfer money from your paycheck to your savings account, letting you save without any extra effort.

Simple interest allows your money to earn money, so you have to save less.

<h3>What Is Simple Interest?</h3>

Simple interest is a quick and easy method of calculating the interest charge on a loan.

Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

<h3>Where is simple interest used in real life?</h3>

Application of Simple Interest:

In our daily lives, sometimes, we come across a situation where we need to borrow money from a bank, post office or a moneylender for a specified period.

At the end of this period, we must pay back the money we had borrowed plus some additional money for using the lender's money.

Learn more about simple interest here:

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3 0
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