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
blsea [12.9K]
3 years ago
14

The amount of the estimated average income for a proposed investment of $60,000 in a fixed asset, giving effect to depreciation

(straight-line method), with a useful life of four years, no residual value, and an expected total income yield of $21,600, is: Group of answer choices $10,800 $21,600 $ 5,400 $30,000
Business
1 answer:
katrin2010 [14]3 years ago
3 0

Answer:

$5,400

Explanation:

Calculation to determine the estimated average income

Using this formula

Estimated average income=Expected total income yield/Useful life

Let plug in the formula

Estimated average income= $21,600 ÷ 4

Estimated average income= $5,400

Therefore the estimated average income is $5,400

You might be interested in
Suppose you have a $15 gift certificate usable in three different restaurants in which you can eat lunch. Your only goal is to e
s344n2d4d5 [400]

Answer:

A technological choice

Explanation:

Here, what you care about is taking the dollar home in form of cash not necessarily the free lunch in the restaurants. This is an example of technological choice.

5 0
3 years ago
The hedge ratio of a call option is
natima [27]

Answer:

A positive constant

Explanation:

the hedge ratio cimparez the amount of a position that is hedged to the entire position

7 0
2 years ago
Stealth Fitness Center issues 7%, 15-year bonds with a face amount of $200,000. The market interest rate for bonds of similar ri
Vladimir [108]

Answer:

market price of bonds = $219,597.35

Explanation:

Since the coupon rate is higher than the market rate, the bonds will be sold at a premium.

PV of face value = $200,000 / (1 + 3%)³⁰ = $82,397.35

PV of coupon payments = $7,000 x 19.600 (PV annuity factor, 3%, 30 periods) = $137,200

market price of bonds = $219,597.35

8 0
3 years ago
If current rates of use and extraction do not change, known natural gas reserves are expected to last ____________ years.
Otrada [13]

40-55 years is the expected number of years that known natural gas reserves are expected to last given that the current rates of use and extraction<span> do not change. The world has 40-55 years left to find an alternative to oil before it runs out.</span> 

 

 

 

<span> </span>

7 0
3 years ago
A licensed _______________ must display his or her license conspicuously in the principal place of business at all times.
creativ13 [48]

Answer:

Broker

Explanation:

A licensed broker must dispaly his or her name boldly in their primary place of business at all times becasue it helps to identify a broker quickly as well as has gives confidence to customers to transact business with them.

Cheers.

3 0
3 years ago
Other questions:
  • City Movers announced that its next annual dividend will be $.40 a share. The following dividends will be $.60, and $.75 a share
    8·1 answer
  • A judge denied a 94-year-old woman s attempt to force a Lottery Commission to pay her $3.9 million winnings up front on the grou
    5·1 answer
  • When banks borrow and lend reserves in the federal funds market,
    13·1 answer
  • In an emergency situation, why is a drug most commonly delivered via injection versus an oral route?
    14·1 answer
  • Which of these phrases is call to action
    11·1 answer
  • A firm has a formal, written guide regarding its zero-tolerance attitude toward sexual harassment and the consequences of its vi
    12·1 answer
  • Which business letter feature is found at the top of the page?
    13·1 answer
  • In Rovamia, a developing country, companies often had to compromise on quality and cost earlier to make their products affordabl
    7·1 answer
  • The main function of insurance is to Group of answer choices make healthcare free. reduce total spending on healthcare. pool the
    14·1 answer
  • joel is upset as he reads an email message from his supervisor. when he discusses the message with a coworker he distorts what t
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!