Answer:
the revised depreciation is $ 3,753
Explanation:
<em>Straight Line Method of Depreciation charges the same amount of depreciation over the useful life of the asset.</em>
Depreciation Charge (Straight line) = (Cost - Salvage Value) / Useful life
Year 1
Depreciation Charge = ( $58,800 - $3,400) / 9 years
= $6,156
Year 2
Depreciation Charge = $6,156
Year 3
Make the adjustment as if the adjustment happened at the beginning of the year
Make the following changes
(1) Adjast the Depreciable Amount (numerator)
(2) Adjast the Useful life (denominator) to 11 years
Depreciation Charge = (Cost - Previous Depreciation Charges - New Residual Value) / Revised Number of Useful life
Depreciation Charge = ($58,800 - $6,156 - $6,156 - $5,200)/ 11 years
= $ 41,288/ 11 years
= $ 3,753
Answer:
(A) The cash surplus can be used for a variety of purposes. In the short-term, they may replace their car, buy better furniture, or more quickly pay off their home. TRUE
(B)Alternatively, they may purchase stocks and bonds, or increase their savings for future needs. TRUE
(C) Investments in the stock market are generally designed to increase an individual's future wealth, the purchase of bonds typically allows one to at least retain their purchasing power, while investment in savings accounts provide liquidity. FALSE
Explanation:
(A) The currency can be used to anything he owner wants.
(B) Correct, the ecnomics always define that a person after receiving his income has only two option available. It can used in consumer goods. Or it can saved to invest
(C) The reason the stock and bonds exist is to raise fund for companys whichyield a return. The company takes the most benefit from this system as it would be difficult to convince a single peroson to invest a large amount in his business. Through sotck it can ask for fewer amount to more people but, this people will receive an income but it won't become rich for a couple shares.
As this part is not true, then the whole sentence must be catalogate as false.
Answer:
Advertisement.
Explanation:
An advertisement can be defined as a strategic process or technique which is typically used to bring an announcement, information or notice to the general public.
This ultimately implies that, an advertisement is a means of communication through the use of mediums such as newspapers, blogs, magazines, television, radio, flyers, pamphlets, etc., to bring a specific information or announcement to the general public.
Generally, advertisements are considered to be a form of promoting an idea, product and services.
Hence, company issues advertisement to invites its members to subscribe for its Deposit scheme.
Answer:
Capital Gains Yield = 10.45%
Explanation:
The capitals gain yield represents the percentage appreciation or increase in the value of an investment. It is simply calculated by calculating the increase in the value of an investment or stock/bond and divide it by its initial cost.
The formula for CG Yield is,
CG Yield = (P1 - P0) / P0
Where,
P1 is current price
P0 is initial price paid
Thus CG Yield = (54.01 - 48.9) / 48.9 = 0.10449 pr 10.449%
