I think it's <span>none of the above.</span>
Interest rate and years of repayment
Answer:
The $86,870 is correct answer.
Explanation:
Annual payments for finance lease = 20000-3000 = $17000
Annual payments 17000
X Present value factor of annuity due (12%) 5.11
Right- of-use asset = 17000 * 5.11= 86870
$86,870 is correct
Answer:
$405,458
Explanation:
Date of acquisition - 01/04/2015
Date of disposal - 01/05/2018
Time line - 3years 1 month
Useful life - 5years
Salvage value - $68000
Depreciation method - Straight line
Cost of Asset - $725,000
Annual Depreciation = (725000-68000)/5 =657,000/5 = 131500
Accumulated depreciation = (131500*3) + 131500/12
$394,500+10,958
Answer:
Reserves
Explanation:
Risk is any uncertain event with positive or negative consequences on a project. Contingency costs are related to risks, and therefore cannot be disregarded in risk management within a project. It is essential that management plan and prevent for the project to occur in a predictable and effective manner.
