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2 years ago

If a company uses straight-line depreciation, the annual average investment can be calculated as: (Check all that apply.)

Business

1 answer:

Daniel [21]2 years ago

8 0

Answer: beg book value +the salvage value) / 2.

(the sum of annual average book values) ÷ asset’s life

(beg book value +the end book value) ÷ 2.

Explanation:

Depreciation is simply when an asset begin to wear and tear and thereby its value is reduced.Straight line depreciation is calculated when the difference between the cost of an asset and the expected salvage value is divided by the number of years it is projected to be used.

Using this method, the annual average investment can be calculated as:

• beg book value +the salvage value) / 2.

• (the sum of annual average book values) ÷ asset’s life

• (beg book value +the end book value) ÷ 2.

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5. Destiny is asked if she wants to open a Macy's credit card on the spot when she is checking out.

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B because is B I now it is

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2 years ago

Frantic Fast Foods had earnings after taxes of $1,070,000 in 20X1 with 311,000 shares outstanding. On January 1, 20X2, the firm

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Answer:

X1 EPS = $ 3.44 per share

X2 EPS = $ 3.88 per share

Explanation:

$EPS = \frac{income}{shares}$

X1: Earning per share

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X2: net income calcualtions

1,070,000 x ( 1 + 24%) = 1,326,8‬00

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beginning 311,000 + issued 31,000 = 342,000

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2 years ago

Suppose C1 and C2 form a partition of sample space S. Suppose A and B are two events such that the following statements are true

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Answer:

Option b. A and B are conditionally independent given C2.

Explanation:

The conditional probability of an event is the probability that a given event will occur given that another event, say A has already occurred.

In a case where events A and B are independent (in this case, where the probability of A has no effect on the probability of B occurring), the conditional probability of an event B given that A has taken place is simply the probability of the event A.

If the two events are not independent, then the probability of an event occurs as an intersection of set A and B.

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2 years ago

Ralph Lauren: Accounts receivable turnover and number of days' sales in receivables Ralph Lauren Corporation designs, markets, a

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<em>MISSING INFORMATION:</em>

concept // Year 2 // Year 1

Sales 7,620 7,450

Account Receivables 655 588

Answer:

Yes, there is. The days to collect increase by 4.16 to 29.77 from 26.61

Which is a bad sing as the company delays more to collect form their customers

Explanation:

Account Receivable turnover:

Average receivable:

(458 + 588 ) / 2 = 523

7,450 / 523 = 14.25

Days to collect: 365 / 14.25 = 25,61

Second Year:

Average receivable: (655 + 588) / 2 = 621.5

Turnover: 7,620 / 621.5 = 12.26

Days to collect: 365 / 12.26 = 29,77

29.77 - 25.61 = 4.16

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2 years ago

The Shoe Outlet has paid annual dividends of $.58, $.66, $.72, and $.75 per share over the last four years, respectively. The st

DiKsa [7]

Answer:

A). 17.13 %

Explanation:

Given that,

Annual Dividend for the first year = $.58,

Annual Dividend for the second year = $.66

Annual Dividend for the third year = $.72

Annual Dividend for the fourth year = $.75

The current price per share = $10.08

To find;

The cost of equity = ?

Procedure:

(0.66 - 0.58)/0.58 = 0.137931034

(0.72 - 0.66)/0.66 = 0. 0909090909

(0.75 - 0.72)/0.72 = 0.0416666667

g = (0.137931034 + 0. 0909090909 + 0.0416666667)/3

= 0.0901689305

$R_{e}$ = {(0.75 * 1.0901689305)/10.08} + 0.0901689305

= 0.17128269

∵ 17.13% is the cost of equity.

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2 years ago