An age-appropriate skill is best defined as a skill that is appropriate to the student's

Exercise 9-5 Sandhill Co. purchased a new machine on October 1, 2017, at a cost of $80,010. The company estimated that the machi

Dovator [93]

Answer:

2017 = $2,598 and 2018 = $10,390

Explanation:

The computation of the depreciation expense for the second year is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($80,010 - $7,280) ÷ (7 years)

= ($72,730) ÷ (7 years)

= $10,390

In this method, the depreciation is same for all the remaining useful life

For 2017, the depreciation expense would be

= $10,390 × 3 months ÷ 12 months

= $2,598

The three months is calculated from the October 1, 2017, to December 31, 2017

And, in 2018 it would be $10,390

4 0

3 years ago

I purchase a 10 percent coupon bond. Based on my purchase price, I calculate a yield to maturity of 8 percent. If I hold this bo

Vedmedyk [2.9K]

Answer:

B) 8 percent.

Explanation:

The yield to maturity is the expected rate of return of a bonds if held until maturity.

We are asked precisely for what rate are we receiving if held at maturity so we receive the yield to maturity.

That is a rate at which the discounted coupon payment and maturity payment matches the price we urchase the bonds.

8 0

2 years ago

What are static, routine, daily business processes such as stocking inventory, checking out customers, or daily opening and clos

denis23 [38]

Answer:

operational business processes

Explanation:

The processes carried out within a company are divided into:

operational business processes: carried out by entry level employees and includes routine daily business processes
tactical or managerial business processes: carried out by lower management or supervisors and includes semi-routine monthly business processes
strategic business processes: carried out by upper management and includes dynamic, non-routine long-term business decision processes

6 0

3 years ago

The expectations theory of the term structure of interest rates states that forward rates are determined by investors' expectati

ra1l [238]

Answer:

forward rates are determined by investors' expectations of future interest rates.

Explanation:

The expectations theory of the term structure of interest rates states that forward rates are determined by investors' expectations of future interest rates. It suggests that the predicted holding period rate of return of a bond of "x" number of time is equal to the short-term interest rate irrespective of its maturity.

The Expectations theory gives us the opportunity to predict the future outcome of short-term interest rates based on current long-term interest rates.

7 0

3 years ago

If a country were to place a limit on the number of cars that could be imported in a year, it would be an example of what kind o

gizmo_the_mogwai [7]

Subsidy imported. trade regulation

6 0

3 years ago