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Tasya [4]
3 years ago
15

Consider a $1200 investment for a new plant that is expected to have a Residual Value of $200 in five years. What is the Salvage

Value at the end of year 5 if the following depreciation plan will be used
Business
1 answer:
deff fn [24]3 years ago
3 0

Answer:

$173

Explanation:

The computation of the salvage value at the end of year 5 is given below:

Cost of the asset $1,200

Multiply with the depreciation rate 5.76%

Book value at the 5 year end = $69

Resale value $200

gain on sales $131

Multiply with the Capital gain 21%

tax on gain $27

After tax gain on salvage value $173 ($200 - $27)

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When targeting customers of the consumer population to market a
Delicious77 [7]

Answer:

The correct answer is A

Explanation:

Demographics information is the term which is described as the statistical data regarding the characteristics of the population like income, age and gender.

When the data assembles regarding the ages of the people and the genders, it would be an example of the information to be assembled regarding demographics.

Therefore, when the company want to target the customers of the consumer population to the market, the kind of the segmentation will help the company is the demographic information.

4 0
3 years ago
Which of the following does not give rise to a business expense for self-employed taxpayer's uniforms or special clothing?
svp [43]

Answer: e. All of these choices are deductible.

Explanation:

All of the above give rise to a business expense for self-employed taxpayer's uniforms or special clothing and as such are deductible.

A lawyer needs to look the part and the option said it was a 'business suit' so that classifies as a work expense.

A clown cannot be a clown without their costume so that is definitely a business Expense as well.

Some scientists need hazmat suits to perform their duties effectively so this counts as a business expense as well and is also deductible.

And a mascot like a clown, cannot be a mascot without their attire so that is a business Expense as well.

4 0
3 years ago
According to research conducted by collins and Porras, which of the following is a common practice that explains the success of
tatiyna

According to research conducted by collins and Porras,  the  common practice that explains the success of visionary companies-Core Ideology

Explanation:

The core ideology defines the characteristic  of an organization—like  technological know how , management trends , and individual leaders.

For a firm it  is more important to know who they are and how they will go ahead with the changes around them(futuristic vision). The Leaders will die, products will become  obsolete, markets demand will change, new innovations will  emerge, and management will change , but the  core ideology of a company acts as a source of guidance and inspiration in hard times . Core ideology is the  glue that holds an organization together when it undergoes the process of growth , decentralization, diversification and expansion

Core Ideology typically means the Vision,Mission & Values of an organization. The ideology acts as a source of communication to stakeholders (i.e. from employees to investors  about what the company will stick to and  the guidelines to which it will adhere in the future.)

8 0
3 years ago
Gracie, inc. made a prepaid rent payment of $2,800 on january 1. the company's monthly rent is $700. the amount of prepaid rent
Dominik [7]
<span>Out of the prepaid rent of $2800, $700, the actual rent for the month of January, has to be debited to rent account and prepaid rent account will be credited. Now the prepaid rent account will show a smaller figure(2800-700 = 2100) This is the amount that will be shown in the prepaid rent account in the balance sheet. Of course it will be shown as an asset since it has a debit balance.</span>
7 0
2 years ago
A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. Which of the fol
svetoff [14.1K]

Answer:

A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. The following concepts can not be illustrated by this concept:

  • the flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing.

Explanation:

  • A Production Possibilities Frontier also known as the Production Possibility Curve or Transformation Curve. This curve illustrates a country or a business is utilizing its resources effectively by showing the point at which that country or business is producing its products efficiently.
  • This curve is unable to tell you the flow of dollars between the seller and buyers of goods of a business or a country.
  • It only tells us about the production of goods not the flow of cash.
7 0
3 years ago
Read 2 more answers
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