Answer:
Depreciation expense for Year 6 is 20000
Accumulated depreciation at the end of year 6 is 120000
Book value at the end of year 6 is 205000
Explanation:
The straight line method of depreciation charges a constant depreciation expense per year through out the useful life of the asset. The formula for straight line depreciation per year is,
Depreciation expense per year = (Cost - Salvage Value) / Estimated useful life
So, the depreciation expense per year on this asset under straight line method is,
Depreciation expense per year = (325000 - 25000) / 15
Depreciation expense per year = $20000
- So, the depreciation expense for year 6 is $20000
The accumulated depreciation is calculated by adding the depreciation expenses for each year till date. The accumulated depreciation at the end of Year 6 is,
- Accumulated depreciation = 20000 * 6 = $120000
The book value is calculated by deducting the accumulated depreciation from the cost of the asset. The book value at the end of year 6 is,
- Book value = 325000 - 120000 = $205000
Answer:
b. $ 36,000
Explanation:
The fundamental accounting equation is
Assets = Liabilities + Stockholders Equity
Per the data provided in the question regarding changes in account balances
$ 356,000 = $108,000 + (240,000+24,000)
$ 356,000 = $ 372,000
= - ($ 14,000)
Since the data provides that a dividend payment of $ 52,000 has been made, we have to add it to our differential balance to get the income for the year.
$ - 14,000 + $ 52,000 = $ 36,000
If a test is being used to make a dichotomous decision (e. G. , suitable or unsuitable for the job), the cutting marks the point of decision.
<h3>What is the usefulness of cut off mark in a test?</h3>
cut off mark in a test is been used in the selection process after the test which is very important in the point of decision.
And this will be necessary to get the good hand for the job when the test is being used to make a dichotomous decision.
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Answer:
For Plan A = 6.7
For Plan B = 7.8
Explanation:
Data Given:
First of all, we need to sort out the data because it is very necessary to solve for this question requirement.
Year 1
Plan A = 1.10 Plan B = 0.10
Year 2
Plan A = 1.10 Plan B = 1.20
Year 3
Plan A = 1.10 Plan B = 0.20
Year 4
Plan A = 1.70 Plan B = 4.50
Year 5
Plan A = 1.70 Plan B = 1.80
Total Number of Years = 5
Now, in order to calculate the total number of dividend per share over the 5 years time period. We need to sum the individual entries of Plans.
So,
For Plan A:
Total number of dividend per share = 1.10 + 1.10 + 1.10 + 1.70 + 1.70 = 6.7
Total number of dividend per share = 6.7
Similarly,
For Plan B:
Total number of dividend per share = 0.10 + 1.20 + 0.20 + 4.50 + 1.80 = 7.8
Total number of dividend per share = 7.8
Explanation:
for the time in history,there are 5 Generations working side-by-side the transitional generation .
