Answer:
Annual depreciation= $300
Explanation:
Giving the following information:
Purchasing price= $1,450
Salvage value= $250
Useful life= 4 years
F<u>irst, we need to determine the annual depreciation for the whole year using the following formula:</u>
<u></u>
Annual depreciation= 2*[(book value)/estimated life (years)]
Annual depreciation= 2*[(1,450 - 250) / 4]
Annual depreciation= $600
<u>Now, for 6 months:</u>
Annual depreciation= (600/12)*6= $300
Answer: $174000
Explanation:
The firm's budgeted collections for August and the company's budgeted receivables balance on August 31 would be calculated as:
= (30% × $220,000) + (60% × $160,000) + (10% × $120,000)
= (0.3 × $220,000) + (0.6 × $160,000) + (0.1 × $120,000)
= $66000 + $96000 + $12000
= $174000
Answer:
1,875,000 Economic Value Added
Explanation:
Net Operating Profit After Taxes - Invested Capital x Weighted Average Cost of Capital = Economic Value added
This represent the return on the shareholders after their investment return is paid. It is the value generated from the investent resources.
3,700,000 x ( 1- 0.25 ) = 2,775,000 Operating Income after taxes
18,000,000 x 5% = (900,000) Required Return
1,875,000 Economic Value Added
Answer:
Whether you’re driving or taking public transportation, it’s important to take a practice trip at the same time of day that you’ll be commuting. A drive that’s only ten minutes on a Saturday could take 45 minutes at rush hour. Plan to arrive about 15 minutes early; that way you won’t feel anxious or hurried. Don’t arrive too early, though, because this can have a negative impact on the schedules of other people at your new workplace.
Explanation:
Answer:
107.57
Explanation:
Present value (PV) is the current value of a future sum of money or stream of cash flows given a specified rate of return. Future cash flows are discounted at the discount rate, and the higher the discount rate, the lower the present value of the future cash flows.
Preferred stock = Dividend/required rate
Preferred stock = 13.20/0.0743
Preferred stock = 177.658
Present value = P7/(1+required rate)^7
Present value = 177.658/(1+0.0743)^7
Present value = 107.57