1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
VladimirAG [237]
2 years ago
10

Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $48,400.

The machine's useful life is estimated at 10 years, or 394,000 units of product, with a $9,000 salvage value. During its second year, the machine produces 33,400 units of product.
Required:
Determine the machineâs second-year depreciation and year end book value under the straight-line method.
Business
1 answer:
diamong [38]2 years ago
3 0

Answer:the machine’s second-year depreciation and year end book value under the straight-line method is $3,990 and$40,420 respectively.

Explanation:

Straight line depreciation is calculated as

Depreciation= Initial value – salvage value / useful life

Depreciation=($48,400- $9,000)/10=$3,990

The depreciation expense each year would be $3990

Book value = Cost of asset- accumulated deprecation

Book value = Cost of asset - (2 years x depreciation)

=  $48,400- (2 x $3,990)

= $40,420

Therefore, the machine’s second-year depreciation and year end book value under the straight-line method is $3,990 and$40,420 respectively.

You might be interested in
If an investor's holding period is longer than the term to maturity of a bond, he or she is exposed to___________ A) interest-ra
Zigmanuir [339]

Answer:              

option B

Explanation:

Reinvestment risk refers to the possibility that potential cash flow will have to be invested in low-yielding assets, like coupons (the annual interest charges on the bond) or the eventual returns of the investment.

Reinvestment risk refers to one of financial risk's primary styles. The term is used to describe the threat of anyone canceling or stopping a particular investment, which one might need to find another place to reinvest the cash with the risk of not getting an equally attractive prospect.

Thus, from the above we can conclude that correct option is B .            

7 0
2 years ago
Who is responsible for applying skills, knowledge, and project management tools and techniques to project activities to successf
spin [16.1K]

Answer:

The correct answer is: Project manager.

Explanation:

The Project manager is the executive in corporations to oversee the accomplishments of the objectives of the firm. These professionals help to set, perform, evaluate, and adjust the goals of the company according to the current situation. They come up with different tools to effectively achieve that.

3 0
3 years ago
Having just one typo on your resume can eliminate you from a job pool
scoundrel [369]
Not necessarily, but the chances of you getting the position are seriously impeded, even for small mistakes.
4 0
3 years ago
Read 2 more answers
When group investors become aware of overseas investment opportunities and are willing to diversify their portfolios internation
sammy [17]

Answer:

they benefit from an expanded opportunity set.

Explanation:

As most of the business organizations focused on grabbing the investment opportunities which leads to diversify their business in terms of expanding the business in various locations, maximize the market share etc

This can be done with the help of opportunity set i.e. to expanded through which the firm could get the benefit of it

Hence, this would be the answer

3 0
3 years ago
Clean Tel, Inc. is considering investing in an 11-year project with annual cash inflows of $1,000,000. These cash inflows have a
cupoosta [38]

Answer:

d. 8%

Explanation:

The computation of the discount rate is shown below:

Initial investment = Present value of cash inflows

where,

Initial investment is $7,139,000

And, the present value of cash inflows

= Annual cash inflows × discount rate

We assume the discount rate be X

$7,139,000 = $1,000,000 × X

So,

X = 7139000 ÷ 1000000 = 7.139

= 8%

We simply applied the above formula in order to find out the discount rate

8 0
3 years ago
Other questions:
  • For the past five years, the RS Company has produced and sold electronic magnets to chemistry labs throughout the United States.
    11·1 answer
  • Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the f
    6·1 answer
  • John worked in a manufacturing job building car engines. Over time, this work was increasingly performed by machines, and manufa
    7·1 answer
  • Ang Electronics, Inc., has developed a new DVDR. If the DVDR is successful, the present value of the payoff (when the product is
    14·1 answer
  • Lowering the interest rate will:A. decrease spending on new homes. B. decrease spending on consumer durables. C. decrease the va
    11·1 answer
  • When projecting future cash flows of an investment​ ________. A. the initial investment is a significant cash outflow that is tr
    13·1 answer
  • Land costing $71,000 was sold for $50,000 cash. The loss on the sale was reported on the income statement as other expense. On t
    12·1 answer
  • Sue Peters is the controller at Vroom, a car dealership. Dale Miller recently has been hired as bookkeeper. Dale wanted to atten
    11·1 answer
  • Babble, Inc., buys 405 blank cassette tapes per month for use in producing foreign language courseware. The ordering cost is ​$1
    14·1 answer
  • Having unique accounts set up to access patient data is….
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!