The federal deficit fell from $1,300 billion in 2011 to $1,087 billion in 2012. How much of this change was due to

Computing second-year depreciation and accumulated depreciationAt the beginning of 2016, Air Asia purchased a used airplane at a

Bezzdna [24]

Answer:

1. a.$4,375,000

b. $7,500,000

c. $9,800,000

2. $8,750,000

$18,200,000

$17,500,000

Explanation:

1. The computation of the depreciation expense for the second year is presented below:

a) Straight-line method:

= (Purchase value of airplane - residual value) ÷ (useful life)

= ($40,000,000 - $5,000,000) ÷ (8 years)

= ($35,000,000) ÷ (8 years)

= $4,375,000

In this method, the depreciation is same for all the remaining useful life

(b) Double-declining balance method:

First we have to find the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 8

= 12.5%

Now the rate is double So, 25%

In year 1, the original cost is $40,000,000 so the depreciation is $10,000,000 after applying the 25% depreciation rate

And, in year 2, the $30,000,000 × 25% = $7,500,000

(c) Units-of-production method:

= (Purchase value of airplane - residual value) ÷ (estimated miles)

= ($40,000,000 - $5,000,000) ÷ ($5,000,000 miles)

= ($35,000,000) ÷ ($5,000,000 miles)

= $7 per miles

In first year, it would be

= Miles in first year × depreciation per miles

= 1,200,000 miles × $7

= $8,400,000

Now for the second year, it would be

= Miles in second year × depreciation per miles

= 1,400,000 miles × $7

= $9,800,000

2. The calculation of the accumulated depreciation balance would be

Straight line method:

= $4,375,000 + $4,375,000

= $8,750,000

Double-declining balance method:

= $10,000,000 + $7,500,000

= $17,500,000

Units-of-production method:

= $8,400,000 + $9,800,000

= $18,200,000

4 0

3 years ago

What trait are narcissists likely to have that is associated with leader emergence but not effectiveness?

Evgen [1.6K]

Answer:

c. high creativity

Explanation:

Narcissistic personality disorder is characterized by the behavior of an individual who has a great need to feel admired, this individual has a mental disorder that leads him to have an exacerbated perception of himself and his characteristics, having a vanity and a sense of very strong self-importance.

The characteristic that narcissists probably have and is associated with the emergence of the leader, but not effectiveness, may be high creativity, as such individuals can be creative in the sense of self-valuing themselves and their personal achievements, leading to even making up stories to feel valued, while the creativity present in a leader is focused on a vision of the business and management of a company and people, so it is correct to say that a leader's creativity aims to make business more efficient and improve working conditions of its employees.

7 0

3 years ago

Bridgeport Inc. wishes to accumulate $1,092,000 by December 31, 2030, to retire bonds outstanding. The company deposits $168,000

Svetlanka [38]

Answer: $9,479

Explanation:

The number of periods = 10 years * 4 quarters = 40 periods

Interest per quarter = 10%/4 = 2.5%

$168,000 has been deposited. The value of this cash after 10 years is;

= 168,000 ( 1 + 2.5%) ^ 40

= $451,090.72

Out of $1,090,000, the amount remaining is;

= $1,090,000 - 451,090.72

= $638,909.28‬

They need to deposit an annuity per quarter to get to $638,909.28‬.

Future Value of Annuity = Annuity * ([1 + I]^N - 1 )/I

638,909.28‬ = Annuity * [(1+0.025)^40 - 1] /0.025

638,909.28 = Annuity * 67.40255

Annuity = 638,909.28/67.40255

= $9,479

5 0

3 years ago

Ariel wants to compare the salaries for positions she was offered at two companies. What should she consider in this process?

german

Answer:

She should research the cost of living of different locations to compare against the offered salaries.
She should research the benefits included in each offer.

She should research the average salary of similar positions to see if the offers are fair.

Explanation:

Remember, the cost living at the different locations is good basis to determine how much the actual value of he salary will be worth. For instance if location A pays her $5000 a month and her living expenses from the location takes about $4500, while location B pays her $3500 a month with a living expense of $1000, then she rather goes for location B she has more extra income.