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Slav-nsk [51]
3 years ago
9

Kansas Enterprises purchased equipment for $74,500 on January 1, 2021. The equipment is expected to have a ten-year service life

, with a residual value of $6,450 at the end of ten years. Using the straight-line method, depreciation expense for 2022 and the book value at December 31, 2022, would be: Multiple Choice $6,805 and $54,440. $7,450 and $59,600. $7,450 and $53,150. $6,805 and $60,890.
Business
1 answer:
bonufazy [111]3 years ago
5 0

Answer:

$6,805 and $60,890.

Explanation:

The computation of the depreciation expense for 2022 and the book value at December 31, 2022 is shown below;

Depreciation expense is

= (Cost - salvage value) ÷ useful life

= ($74,500 - $6,450) ÷ 10 years

= $6,805

And, the book value is

= $74,500 - ($6,805 × 2)

= $60,890

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Discuss the tradeoffs between fiber-optic and satellite communication in terms of costs, signal capacity, signaling method, inte
mylen [45]

Answer:

Explanation:

I will split this answer into two options...

Fiber Optic communications work by sending data through beams of light through a series of fiber cables. This allows for data transfer at incredibly high speeds and with an almost non-existent probability of data loss. Since cables need to be connected from one end-point to another this form of communication becomes more expensive and the capability of reconfiguration becomes incredibly difficult. The likelihood of failure is also very low due to the nature of the technology.

Satellite communication sends data wirelessly by beaming the data to satellites and then back down to the destination. This allows for data to be transferred worldwide but runs into the risk of interference, data loss, signal loss etc. Costs are much cheaper than Fiber Optics due to the lack of wiring. Multipoint capabilities are high since endpoints can be placed anywhere with a clear line of sight to the sky, which also means that reconfiguration capabilities are high as well.

5 0
2 years ago
1. The Cozy Company manufactures slippers and sells them at $ 10 a pair. Variable manufacturing cost is $ 5.75 a​ pair, and allo
nadya68 [22]

Answer:

(b) $ 43,750 ​increase

Explanation:

The computation of the effect on operating income is shown below:

= Contribution margin per unit × special order

where,

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $7.50 - $5.75

= $1.75

And, the special order is of 25,000 pairs

Now put these values to the above formula  

So, the value would equal to

= $1.75 × 25,000 pairs

= $43,750

The fixed cost would remain unchanged.

6 0
3 years ago
The united states imposes a tariff on electronics imported from china. Which would be a result?
balu736 [363]

Americans purchase more domestically produced electronics.

China has ceased all product marketing to Americans. Chinese gadgets are becoming more affordable. Consumer demand for domestically produced electronics in the US rises as a result of the electronics trade with China.

An economic idea known as demand theory explains the connection between customer demand for products and services and market prices.

Demand is the quantity of an item or service that customers are willing and able to purchase at a specific price in a specific time frame.

Demand theory explains how alterations in customer demand for an item or service have an impact on its market price.

To learn more about tariffs on electronics

brainly.com/question/2496845

#SPJ4

7 0
2 years ago
If the book value per share is $40 and the market price is 52.50 per share calculate the required rate of return on the stock.
pav-90 [236]

Answer:

0.11 or 11%

Explanation:

The computation of the required rate of return is given below:

Required Rate of Return is

= Next Year Dividend ÷ Current Market Price + Growth Rate

= $3.15 ÷ $52.50 + 0.05

= 0.06 + 0.05

= 0.11 or 11%

working note

Given that

Current Market Price = $52.50

As we know that  

Growth Rate = Return on Equity × Retained Earning Ratio

Now  

Return on Equity = EPS ÷ Book Value of Share

= $5 ÷ 40

= 12.50%

So,  

Retained Earning Ratio is

= 1 - Dividend Payout Ratio

= 1 - 0.60

= 0.40

And,

Dividend Payout Ratio = DPS ÷ EPS

= $3 ÷ $5

= 0.60

Now

Growth Rate = 12.50% × 0.40

= 5%

So,

Next Year Dividend = Dividend Recently paid × (1 + growth rate )

= $3 × 1.05

= $3.15

7 0
2 years ago
Which of the following is NOT a true statement?
ASHA 777 [7]

Answer: The correct answer is "D) Because investment objectives deal with the future, it is useless to plan more than five years in the future.".

Explanation: The statement "D) Because investment objectives deal with the future, it is useless to plan more than five years in the future." is NOT TRUE because through a correct analysis of the variables and a good amount of quality information it is possible to plan more than 5 years in the future and obtain good results.

6 0
3 years ago
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