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alexgriva [62]
2 years ago
11

6 years ago paid 490,000 using 40 year straight line depreciation, what is the value

Business
1 answer:
Black_prince [1.1K]2 years ago
6 0
AS land cannot be depreciated we will first subtract the value of the land from the complex so we are left with $390,000 (490,000-100,000) In straight line method each year the asset is depreciated by the same amount so in order to find out yearly depreciation we will divide 390,000 by 40 =9750 In 6 years the complex has depreciated for $58,500 So the current value of the apartment complex would be (490,000-58500) The current value of the apartment complex is $431500

Read more at Answer.Ya.Guru – https://answer.ya.guru/questions/86442-six-years-ago-a-commercial-property-owner-paid-490000-for-her.html
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How does the free-enterprise system discourage entrepreneurs who waste resources?
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1 year ago
Based on predicted production of 21,000 units, a company anticipates $357,000 of fixed costs and $309,750 of variable costs. the
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Hope it helps!
8 0
2 years ago
Describe at least three risks a company might face if it participates in global trade.
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As the financial consultant to a classic auto dealership, you estimate that the total value (in dollars) of its collection of 19
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Answer:

The owner will maximize value if it waits 29th years Assuming 5% continuos inflation

Explanation:

the price formula for the future years is:

v = 301000 + 960 t^{2}

while it is adjusted for inflation at:

v \times e^{-0.05t}

so the complete formula for value is:

\frac{301000 + 960 t^{2}}{e^{0.05t}}

Now, we can derivate and obtain the roots

Getting at a root exist at the 29th year.

The owner will maximize value if it waits 29th years Assuming 5% continuos inflation

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3 years ago
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