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Margaret [11]
2 years ago
15

g A machine costing $58,944 with a 6-year life and $55,853 depreciable cost was purchased January 1. Compute the yearly deprecia

tion expense using straight-line depreciation. Round your answer to the nearest whole dollar.
Business
1 answer:
Solnce55 [7]2 years ago
7 0

Answer:

$9,309

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

DEPRECIABLE COST / USEFUL LIIFE

$55,853 / 6 = $9,309

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The market price of an $1,000,000, ten-year, 12% (pays interest semiannually) bond issue sold to yield an effective rate of 10%
lisabon 2012 [21]

Answer:

Bond price= 1,124,622

Explanation:

Giving the following information:

Face value= $1,000,000

Number of periods= 10*2= 20

Cupon rate= 0.12/2= 0.06

YTM= 0.1/2= 0.05

<u>To calculate the bond price, we need to use the following formula:</u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 60,000*{[1 - (1.05^-20)] / 0.05} + [1,000,000 / 1.05^20]

Bond Price​= 747,732.62 + 376,889.48

Bond price= 1,124,622

6 0
2 years ago
Ethical Work Climate reflects the ________ of the organization and shapes the ________ of its members.
klio [65]

Answer:

E, true values, ethical decision making

Explanation:

Ethical work climate can be defined as the acceptance or inculcation of the notion of right and wrong within an organization.

In an Ethical Working climate, the true values and the decision making skills of the members of the organization are reflected.

By true values, it means that whatever the company stands for of upholds will be displayed for all to see as well as the ability to make decisions by the members of the organization.

Cheers.

3 0
2 years ago
Starbucks has hired you to make a systematic inventory of its competitive capabilities. To do so, you would conduct an assessmen
dybincka [34]

Answer:

To make a systematic inventory of Starbucks's competitive capabilities. you would conduct an assessment of Starbucks' <u>competitive set via a strategy matrix</u>

Explanation:

Making a systematic inventory of a company's competitive capabilities will help to identify growth opportunities.

A well developed competitive determines what your business will become, measures its share performance,  influence what products you developed, which consumers you targeted, where you sold the products and how you advertised and promoted them

So the first step is to list and access them to see it is strong enough to help your brand perform optimally.

This decision will drive where Starbucks focuses their attention

The Strategy Matrix is a tool that provides easy access to the solutions applied in the competitive set.

The strategy matrix can help scan possible solutions to the constraints. It combines several strategies to address several constraints according to the dynamics in the market.

4 0
3 years ago
According to the small business administration, over 50 percent of all small businesses are home based. true false
Anastasy [175]

According to the small business administration, over 50 percent of all small businesses are home based. FALSE

A domestic commercial enterprise is a small l business administration, people operate from their homes. We additionally name it a domestic-based enterprise. maximum domestic companies do not have many employees. employees in such agencies generally both make money working from home or for agencies that operate as subcontractors.

Small business administration, out of the house gives some the blessings, together with time financial savings, control over running hours and situations, independence, and versatility. starting a domestic-based commercial enterprise is also substantially inexpensive than beginning a commercial enterprise in rented facilities. Small businesses are either offerings or retail operations like grocery stores, clinical shops, tradespeople, bakeries, and small production units.

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4 0
10 months ago
What objectives of internal controls are of primary interest to an auditor performing a financial statement audit?
Fittoniya [83]

objectives of controls are of primary interest to an auditor performing a financial statement audit--- Accurate and reliable financial reporting.

What are the primary objectives of internal control?

The primary purpose of internal controls is to help safeguard an organization and further its objectives. Internal controls function to minimize risks and protect assets, ensure accuracy of records, promote operational efficiency, and encourage adherence to policies, rules, regulations, and laws.

What are the 5 internal controls in auditing?

There are five interrelated components of an internal control framework: control environment, risk assessment, control activities, information and communication, and monitoring.

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brainly.com/question/1618296

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8 0
1 year ago
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