Answer: 10% or $2,000,000
Explanation:
Seeing as no figures were produced, we will have to do this ourselves.
We will make assumptions which include the following,
Life of the equipment = 10 Years
Salvage value = 0
Those are our 2 assumptions.
In that case then,
The Annual Depreciation will be,
Depreciation = (Cost of equipment - Estimated salvage value) / Estimated useful life
= (20 - 0) / 10
= $2 million
Seeing as 2 million is,
= 2/20 * 100
= 10%
That would mean that annual depreciation costs at that facility will rise by $2 million or 10%.
If you need any clarification do react or comment.
Answer:
I. Present values increase as the discount rate increases.
and
III. Present values are smaller than future values when both r and t are positive.
Answer: 9.45%
Explanation:
From the question, we are informed that the assets for BIZZ0 in 2018 were $187,300, the liabilities for that year were $275,600; and the net income was $17,700.
The return on income for the year will be:
= ( Net Income / Total Assets ) × 100
= ($17,700 / $187,300) × 100
= 0.0945
= 9.45%
Answer:
If by Dark Ages, we mean the Middle Ages, then, one can safely say that business did more to bring the dark ages to an end and restore the world to civilization and progress.
The Middle Ages represented a decline in several areas, especially trade, when compared with classical antiquity (Ancient Greece and Rome).
By the late Middle Ages, several cities, especially in Italy, had began to develop trade networks again, and a merchant class was emerging.
With time, more cities became trade hubs, and this prompted economic development. Businesses grew, science and technological progress increased, and in general terms, civilization advanced more quickly in a few centuries than in the past millenia.
Answer:
$14,000
Explanation:
Company X Company Y
cost per equipment $75,000 cost per equipment $65,000
sales price $105,000 sales price $91,000
Both companies sold one unit and they exchanged clients in order to reduce shipping cost:
company X income = $105,000 (selling price) - $75,000 (COGS) + $14,000 (money received from company Y) = $44,000
company Y's income = $91,000 (selling price) - $65,000 (COGS) - $14,000 (money given to company X) = $12,000
This exchange resulted in company X's income increasing by $14,000, while company Y's income decreased by $14,000
