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Radda [10]
2 years ago
6

Sheffield Corp. owns the following assets: Asset Cost Salvage Estimated Useful Life A $540000 $42000 10 years B 201000 23500 5 y

ears C 490000 22000 12 years What is the composite life of Sheffield's assets?
Business
1 answer:
rusak2 [61]2 years ago
4 0

Answer:

The composite life is 9.19.

Explanation:

Below is the calculation for composite life of assets:

Composite life = Total Depreciable Cost ÷ Total Annual Depreciation

Composite life = 1143500 ÷ 124300

Composite life = 9.19

The composite life is 9.19.

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Answer:

The correct answer here is A) above, demand , fall.

Explanation:

Whenever the interest rate on bond is more or above the equilibrium's rate of interest , then this means there is excess demand for the bond in the market and since this excess demand for bond will lead to decrease in the interest rate of the bond, while if the situation was opposite ( excess supply in market ) the interest rate would have risen.

8 0
2 years ago
A store has a 6% restocking fee. If you join the store’s membership program, all items over $100 will have a flat rate restockin
Dvinal [7]

Saving means the amount of income that is not spent on a particular product.

The member of the store will save $5 if they return an item costing $240.

<h3>What is saving?</h3>

Saving is defined as the part of income not spent, or delayed consumption. Methods of saving, consider putting money set aside.

<u>Example:</u>

A deposit account, a pension account, an investment fund, or cash. Saving also refers to separating down expenditures, like recurring costs.

In the above situation, it is clearly mentioned that if any member would return the item which costs above $100, then he would save $5. So here the item which the member is returning is above $100 then, the member would save $5.

He would pay only $235 ($240-$5).

Therefore, the member will save $5, on returning the item.

To learn more about saving, refer to:

brainly.com/question/7965246

8 0
2 years ago
If interest rates are declining, which of the following would be expected? (A) Discount bonds will appreciate more than premium
KengaRu [80]

Answer:

option A

Explanation:

The correct answer is option A.

When interest rates are declining , prices of the bond rise, but in this case the discount bonds will appreciate more than the premium bonds.

When interest rates fall  it becomes very easier to borrow money and causing many companies to issue new bonds so that they can invest in new ventures.

A premium bond is a bond trading above its face value.

A bond issued at a discount has its market price below the face value.

5 0
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8/9 kids have cell phones. what percent didnt​
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11% of kids dont have cell phones

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