Answer:
The correct answer is A.
Explanation:
Giving the following information:
On October 1, 2014, Mann Company places a new asset into service. The cost of the asset is $80,000 with an estimated 5-year life and $20,000 salvage value at the end of its useful life.
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= 60,000/5=12,000
3 months depreciation= 12,000/12*3= 3,000
219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69219.100.37.69
Answer:
240= 3Qc + 3Qd
Explanation:
The computation of the Daniel's budget constraint is shown below;
Given that
Daniel's income= $240
Price of cake (Pc) =$3
Price of donuts (Pd) =$3
So spending on cake = 3Qc
And,
Spending on donut= 3Qd
Finally
Total spending = 3Qc + 3Qd
Now the equation of budget constraint is
Income= (quantity of cake)(price of cake) + ( quantity of donut)(price of donut)
So,
Income= Qc Pc+ Qd Pd
240= 3Qc + 3Qd
When a client has a massage and then asks the company to mail the bill to him/her, the bookkeeper of the company will decide what entry to make. The bookkeeper is the person who is in charge of all the accounts and makes sure the accounts are up to date and each client pays their bills. In this case, the bookkeeper will enter on the invoice; accounts receivable, debit; fees earned, credit. Then the bookkeeper will send the invoice to the client at the end of the business month to be paid.
Answer:
6 percent.
Explanation:
To solve this question, we will take help of the Fisher equation,
Therefore,
(Spot rate/Forward rate) = (interest rate in US/Interest rate in Canada),
(1/1.2) = (0.05/x), Now solving for 'x'.
There fore,
x = (1.2 * 0.05) / 1
x = 0.06.
Hope this clear things up
Thankyou.