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3 years ago

True or faults caffeine and other energy boosters can be used to effectively compensate for fatigue

Business

2 answers:

Zina [86]3 years ago

7 0

True because coffee and other drinks can last up to hours of energy

lozanna [386]3 years ago

7 0

caffeine can be used to treat fatigue

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Partial-Year Depreciation Sandblasting equipment acquired at a cost of $42,000 has an estimated residual value of $6,000 and an

Deffense [45]

Answer:

A. Depreciation expense in 20Y5 = $900

Depreciation expense in 20Y6 = $3,600

B. Depreciation expense in 20Y5 = $2800

Depreciation expense in 20Y6 =$7840

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($42,000 - $6,000) / 10 = $3,600

The depreciation expense would be $3600 each year except in 20Y5. when the equipment was used from October to December which is 3 months

Depreciation expense in 20Y5 = 3/12 x $3600 = $900

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life) = 2/10 = 0.2

Depreciation expense in 20Y5 = 0.2 x $42,000 = $8,400

But the equipment was only used for 3 months, so we would divide the figure above by 3

$8400 / 3 = $2800

Depreciation expense in 20Y5 = $2800

Depreciation expense in 20Y6 = book value in the beginning of 20Y6 x depreciation expense

Book value = cost of the asset - depreciation expense in 20Y5

$42,000 - $2800 = $39,200

Depreciation expense in 20Y6 = $39,200 x 0.2 = $7840

4 0

3 years ago

Markel entered into a contract with Jaylin to paint a portrait for her in consideration of $600. This contract was freely negoti

Orlov [11]

Answer:

It is a unilateral contract.

Explanation:

A unilateral contract is a type of contract where only one party of the persons involved in the contract agrees to offer something.

In this case, Markel is offering to give Jaylin $600 for her portrait and Jaylin is not giving any specified time of delivery.

3 0

3 years ago

On September 1, a company established a petty cash fund of $230. On September 10, the petty cash fund was replenished when there

storchak [24]

Answer:

September 1, petty cash fund is established

Dr Petty cash fund 230

Cr Cash 230

September 10, petty cash expenses

Dr Supplies expense 53

Dr Postage expense 80

Dr Cash short and over 16

Cr Petty cash fund 149

September 10, petty cash is replenished

Dr Petty cash fund 149

Cr Cash 149

September 15, petty cash fund in increased

Dr Petty cash fund 90

Cr Cash 90

3 0

3 years ago

Peter's Pencils is a perfectly competitive company producing pencils. Suppose Peter is producing 1,000 pencils an hour. If the t

kramer

Answer:

Peter is maximizing his profit and is making an economic profit.

Explanation:

Peter's Pencils is a pencil producing firm in a perfectly competitive firm.

It produces 1,000 pencils an hour.

The total cost of producing 1,000 pencils is $500.

The market price of each pencil is $2.

The marginal cost of producing the last unit of a pencil at this point is $2.

An individual firm in a perfectly competitive market faces a horizontal line demand curve which also represents the average revenue and marginal revenue.

This means that the marginal revenue earned from the 1,000th pencil is $2.

The marginal revenue is equal to marginal cost, this implies that the firm is maximizing profits.

The average total cost of the firm is

= $\frac{TC}{Q}$

= $\frac{500}{1,000}$

= $0.5

The average total cost is $0.5 which is lower than the price. This means that the firm is earning economic profits.

6 0

3 years ago

Perine, Inc., has balance sheet equity of $5.4 million. At the same time, the income statement shows net income of $783,000. The

S_A_V [24]

Answer:

The target stock price in one year is $149.93

Explanation:

Fly Away, Inc., has

Balance sheet equity of (E) = $ 5,400,000

Also, the income statement shows net income of (NI) = $783,000.

The company paid dividends of (D) = $438,480

Shares of stock outstanding (N) = 100,000

Benchmark PE ratio = 18

Question = what is the target stock price in one year?

We need the expected EPS at the end of next year and not this year.

EPS this year, E₀ = NI / N

= 783,000 / 100,000

= $ 7.83

Retention Ratio, "R" = 1 - Dividend payout ratio = 1 - D/NI

= 1 - 438,480 / 783,000

= 1 - 56.00%

= 44.00%

Return on equity, ROE = NI / E

= 783,000 / 5,400,000

= 14.50%

Growth rate in earnings, g = R x ROE

= 44.00% x 14.50%

= 6.38%

Hence, expected EPS next year, E₁ = E₀ x (1 + g)

= $ 7.83 x (1 + 6.38%)

= $ 8.33

Hence, target price next year, P = Benchmark PE ratio x E₁

= 18 x $8.33

= $149.93

The target stock price in one year = $149.93

4 0

3 years ago