Your family should call your local Better Business Bureau. Hope this helps.
The machine's second year depreciation expense is $3,200.
Depreciation is a method that is used to expense the cost of an asset. The units-of-production depreciation method determines the depreciation expense based on the units of goods that the machine produces in a given year.
Unit of production depreciation expense = (unit of goods produced in year 2 / total units the machine can produce) x (cost of the asset - salvage value)
Total units the machine can produce = 1500 + 1250 + 1000 = 3750
(1000 / 3750) x ($15,000 - $3,000) = $3,200
A similar question was answered here: brainly.com/question/15858628?referrer=searchResults
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Answer:
$3,233.12
Explanation:
Data given in the question
Purchase value of two coins = $790
First coin rate = 7.3%
Second coin rate = 6.7%
So, after considering the above information, the amount worth in 20 years
= Purchase value of two coins ×(1 + interest rate)^number of years
= $790 × (1 + 0.073)^20
= $790 × 4.0925541961
= $3,233.12
Answer:
Dollar return
= Closing price - Opening price + Divided
= $77.24 - $73.02 + $0.34
= $4.56
Percent return
= <u>Dollar return</u> x 100
Opening price
= <u>$4.56</u> x 100
$73.02
= 6.24%
Explanation:
The dollar return is calculated as closing price minus opening price plus dividend. The percent return is the ratio of dollar return to opening price multiplied by 100.
