Mia borrows 66,000 for four years at an APR of 7.25% what is the monthly payment

On January 1, Year 1, an entity acquires a new machine with an estimated useful life of 20 years for $100,000. The machine has a

goldenfox [79]

Answer:

The answer is $11,500

Explanation:

Depreciation here be done separately or in components.

The formula for depreciation is:

(Cost - residual value) / useful life.

First component:

A new machine for $100,000 and useful life is 20 years.

Depreciation = $100,000/20years

= $5,000

Second component:

An electrical motor for $20,000 and useful life is 5 years.

Depreciation = $20,000/5years

= $4,000

Third component:

Inspection $10,000 and useful life is 4 years.

Depreciation = $10,000/4years

= $2,500

Therefore, the depreciation expense for Year 1 is

=$5,000 + $4,000 + $2,500

=$11,500

5 0

3 years ago

A concentration of minerals that could now be legally mined at a profit is called a.

lorasvet [3.4K]

Answer:

Reserve. resource

Explanation:

concentration of natural minerals in or on the crust of the Earth with potential to be extracted for profit.

7 0

2 years ago

?if a corporation issued $8,000,000 in bonds which pay 5% annual interest, what is the annual net cash cost of this borrowing if

MrRissso [65]

$8,000,000 - corporate issued
5 % - annual interest
30 % - income tax rate
Annual net cash cost - ?

Formula and Solution - (8,000,000 x 0.05) x 0.7 = 280,000
Answer: The Annual net cash cost - $280,00

4 0

3 years ago

Which of the following statements holds true for electronic social networks? Their key use is to anonymously share ideas in an u

slamgirl [31]

Answer:Their key use is to discover and reinforce affiliations, identify experts, message individuals or groups, and virally share media.

Explanation:Social networks are networks that imbibe or encourage sharing media while developing strong interactive sessions over time.

Electronic social networks help different users of a particular network maintain contacts, discover and discuss a common topic, share updates and encourage diversity.

Social networks supports messaging services either private or public/ group discussions.

Websites for social networking and microblogging form the atmosphere through which users are able to create groups online to share information and ideas,then Social Networking helps to create and maintain a balance of personal and general discussions in the network space.

8 0

3 years ago

Read 2 more answers

Epic Inc., a firm that produces chairs for offices, uses comparative advertising to inform consumers that its products offer the

just olya [345]

Answer:

The correct answer is A. frontal.

Explanation:

If we match the supply of our competition in product, advertising effort, distribution policies, price and others, we are planning a frontal fight, where the highest tends to hit the best. Once started, the opponent will defend himself by lowering prices, offering added value, etc. Before starting a confrontation of this type, we must be very clear about our victory options and the possible reaction capacity of the opponent. If we give it everything and the opponent defends himself with solvency and returns a devastating blow, we will be sold.

7 0

4 years ago