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Ludmilka [50]
3 years ago
15

Mather Company purchased equipment on January 1, 2018 at a total invoice cost of $336,000; additional costs of $6,000 for freigh

t and $30,000 for installation were incurred. The equipment has an estimated salvage value of $12,000 and an estimated useful life of five years. The amount of accumulated depreciation at December 31, 2019 if the straight-line method of depreciation is used is
Business
1 answer:
mestny [16]3 years ago
7 0

Answer:

$144,000

Explanation:

The computation of accumulated depreciation is shown below:-

Total cost = Invoice cost + Freight + Installation

= $336,000 + $6,000 + $30,000

= $372,000

Depreciation as per SLM = (Total Cost - Salvage Value) ÷ Estimated useful life

= (372,000 - 12,000) ÷ 5

= $72,000

The amount of accumulated depreciation (after 2 years) = Depreciation as per SLM × Years

= 72,000 × 2

= $144,000

So, for computing the accumulated depreciation we simply applied the above formula.

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You wish to make a deposit and have these bills: 11 ones, 4 fives, 4 tens, and 4 twenties. You also have 6 nickels, 12 dimes, an
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Answer:

$264.00

Explanation:

Calculation to determine What will you enter on the NET DEPOSIT line

First step is to calculate the Total deposit checks

Total deposit checks = $72.50 +$65.25

Total deposit checks= $137.75

Second step is to add up the amount she has in the account.

6 ones = $11

4 fives = $20

4 tens = $40

4 twenties = $80

6 nickels = $0.30

12 dimes = $1.20

15 quarters = $4.00

Total 156.5

Now let calculate What will you enter on the NET DEPOSIT line

NET DEPOSIT line=($137.75+156.5)

NET DEPOSIT line=$294.25

NET DEPOSIT line=$294.00

Therefore What will you enter on the NET DEPOSIT line is $294.00

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2 years ago
Which of the following is not a business entity
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3 years ago
You manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 29%. The T-bill rate is 8%. Your
Anastasy [175]

Answer:

13.85% and 18.9%

Explanation:

As in this exercise we have a free risk asset we will assume that the t-bill has a standard deviation of 0%, so let´s firts calculate the expected return:

E(r)=r_{1}*w_{1} +r_{2}*w_{2} +....+r_{n}*w_{n}

where E(r) is the expected return, r_{i} is the return of the i asset and w_{i} is the investment in i asset, so applying to this particular case we have:

E(r)=17\%*65\%+8\%*35\%

E(r)=13.85\%

the calculation of standar deviation follows the same logic of the previous formula:

Sigma(r)=29\%*65\%+0\%*35\%

Sigma(r)=18.9\%

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Suppose Lois usually buys two cups of coffee for two dollars each and one scone for two dollars each. If the price of scones fal
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Answer:

The correct answer is D. Real income effect.

Explanation:

Real income is defined as the monetary income of an individual, taking into account the effect of inflation. For example, if a person's nominal salary increases by 10% in one year, and inflation is 6% in that year, the actual income will have increased 4% in that year.

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Scenario C At DoubleTalk, Inc., Joe, a supervisor, pushes his employees' performance by constantly checking their work and threa
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