Answer:
68.57%
Explanation:
Recall that rate of return is the net gain or net loss that an investment yield over a given period of time expressed as a percentage of the initial investment cost.
Given that
Initial investment cost = 5250
Total returns or revenue = cash flow (year 1 + year 2 + year 3 + year 4)
= 750 + 1000 + 850 + 6250
= 8850.
Therefore,
rate of returns = (current value - initial value) ÷ initial value
= 8850 - 5250 ÷ 5250
= 3600 ÷ 5250
= 0.6857
= 68.57%
Answer:
(a) 1.5×10^23 atoms
(b) 7.47×10^23 atoms
(c) 3.98×10^22 atoms
(d) 4.93×10^23 atoms
Explanation:
Number of atoms = number of moles × 6.02×10^23
(a) 14.955 g Cr = (14.955/60) × 6.02×10^23 = 1.5×10^23 atoms
(b) 39.733 g S = (39.733/32) × 6.02×10^24 = 7.47×10^23 atoms
(c) 12.899 g Pt = (12.899/195) × 6.02×10^23 = 3.98×10^22 atoms
(d) 97.552 g Sn = (97.552/119) × 6.02×10^23 = 4.93×10^23 atoms
Answer:
Amount allocated to cost of goods sold = $2,520
Explanation:
Total inventory held during the complete month.
Beginning = 33 units @ $21 = $693
7 July = 116 units @ $22 = $2,552
22 July = 17 units @ $24 = $408
Closing inventory = 53 units.
Under LIFO method, there is sale of inventory which was last bought or purchased.
Here, as per LIFO,
Total units = 33 + 116 + 17 = 166 units.
Units in closing inventory = 53 units.
That means, 33 units from opening and 20 units from purchases made as on 7 July
33 units @ $21 = $693
20 units @ $22 = $440
Total carrying value of closing inventory = $1,133
Therefore, amount allocated to cost of goods sold = 17 units @ $24 and 96 units @ $22
= $2,520
Answer:
The correct answer is C.
Explanation:
Giving the following information:
A machine with a cost of $65,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours.
To calculate the depreciation expense for each year, we need to use the following formula:
Annual depreciation= 2*[(book value)/estimated life (years)]
Year1= [(65,000 - 5,000)/4]*2= $30,000
Year2= [(60,000 - 30,000)/4]*2= $15,000
