Answer:
a. $0.20
b. $322,000
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
.
The amount of depreciation to be recognized for each mile that a rental automobile is driven
= ($15,000 - $6,000)/45,000
= $9,000/45,000
= $0.20
Total millage expected of the 60 cars before disposal
= 60 * 45,000 miles
= 2,700,000 miles
The total amount of depreciation expense that Central Auto Rentals should recognize on this fleet of cars for the year
= 1,610,000/2,700,000 * ($9,000 * 60)
= $322,000
Answer:
Credit life Insurance
Explanation:
The scenario describes Credit life insurance
This is a form of insurance policy that that is designed to pay off the balance on a policy holder's outstanding loan in case of death. It is designed for the protection of lender and heirs who are co signers from loss in case of the death of the borrower.
The insurance is liable to the balance on the loan as at the time of the death of the borrower.
Based on the price of the stock and the dividend over the years, the time-weighted return of XYZ stock is 16.83%.
<h3>What is the time-weighted return of XYZ stock?</h3><h3 />
In this case, the Time weighted return can will be the same as the IRR so the IRR function on a spreadsheet can be used to find the return.
Year 0 return = -$10 per share
Year 1 = $0.25
Year 2 = $0.27
Year 3 = (0.29 + 15) = $15.29.
Time weighted return will be 16.83% as shown in the attachment.
Find out more on Weighted return at brainly.com/question/15885163.
Answer:
Writing personalized thank you cards would be better for each customer because it would make the customer feel more appreciated since you put so much effort into making each thank you card. For the products, the name specifically depends on what the product is.
These dashboards help teams keep track of the progress and success of company-wide metrics and enable management to make data-driven decisions on future business goals. Management dashboards may include graphs, images, tables, numeric data, and data from case studies, or a combination of these elements.
