Answer:
a. restructure
Explanation:
Based on the information provided within the question it can be said that in this scenario Magma will most likely restructure. This refers to the act of a company reorganizing different aspects or structures within a company with the main goal of achieving an efficient flow within the company and making it more profitable.
Answer:
$1,800
Explanation:
Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.
It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset.
Total Depreciation = (1800 + 3300 + 3800 + 1300)/118000 * $118,000
= $10,200
The depreciation allocated to site A
= 1800/10200 * $10,200
= $1,800
Answer:
The seller's maximum gain was $34,000.
Explanation:
After considering depreciation on the the building, it was still sold with a profit of $34,000. Also, the gain on the sale of the building is actually lesser than the amount of accumulated depreciation. Hence, the conclusion is that the seller's maximum gain was $34,000.
Answer:
$13,013
Explanation:
Mary's monthly payment = principal / PV annuity factor
principal = $33,000
PV annuity factor, 1.5%, 36 periods = 27.6607
monthly payment = $33,000 / 27.6607 = $1,193.0284 ≈ $1,193.03
I prepared an amortization schedule using excel to determine the loan balance after the 24th payment = $13,013