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3 years ago

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

1 answer:

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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When she finishes entering her transactions, adrienne realizes that her balance is incorrect. assuming that adriennes beginning

vagabundo [1.1K]

I think it's "Adrienne did not enter her ATM withdrawal correctly". That's my best guess

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3 years ago

Read 2 more answers

pencer Co. has a $300 petty cash fund. At the end of the first month the accumulated receipts represent 553 for delivery expense

otez555 [7]

Answer:

c) Credit to Cash for $242

Explanation:

Petty cash, beginning = $300

Delivery expense = $53

Merchandise inventory = $167

Miscellaneous expense = $22

Petty cash, Ending = $58

The journal to record the reimbursement of the accounts will be:

Event Account Title and Explanation Debit Credit

1 Delivery expense $53

Merchandise inventory $167

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3 years ago

The fact that the price of diamonds is higher than the price of water:

STALIN [3.7K]

Answer: D

Explanation:

Behavioral economics studies the impact of cognitive, psychological, cultural, emotional and social factors on individuals economic decisions. Behavioral economics is concerned with the extent of rationality of individuals, firms and governments. The study includes how market choices are made and the components that propel public choices.

Behavioral economics is important because it gives us an idea about how the mind of humans work. The greater the supply of a particular good, the more we use the good, the less we appreciate it. There are oceans of water and we always get water easily but there are fewer diamonds embedded and hidden in rocks which are not cheap and readily available.

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3 years ago

ou have just purchased a four-month, $630,000 negotiable CD, which will pay a 4.5 percent annual interest rate. a. If the market

Serjik [45]

Answer:

Explanation:

first will need to calculate the Fv future value of this CD

Fv = Pv ( 1 + R )^n n = 4 /12 = 0.333333, r, rate = 4.5/100 = 0.045

Fv = $ 630000 ( 1+ 0.045)^0.33333 = $ 639311.69

a) the current value at 5 % Pv = Fv / ( 1+r)ⁿ

Pv = $ 639311.69 / ( 1.05)^0.3333 = $ 628998.41

b) the current price at 4.25% = $ 639311.69 / ( 1.0425)^0.3333 = $ 630503.20

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3 years ago

Noncompensatory stock option plans have all of the following characteristics except:__________

zmey [24]

Answer: d. A provision related to the achievement of certain performance criteria

Explanation:

While compensatory plans are used in order to compensate the employees of a particular company, the noncompensatory stock option is one whereby the employees of a company are allowed to purchase the stock of that company at a particular price t a specific price and at a particular time period.

Some of its characteristics include:

• participation by substantially all full-time employees who meet limited employment qualifications.

• equal offers of stock to all eligible employees.

• a limited amount of time permitted to exercise the option.

Option D that "provision related to the achievement of certain performance criteria" isn't a characteristics. Therefore, D is the answer.

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3 years ago