Answer:
$173
Explanation:
The computation of the salvage value at the end of year 5 is given below:
Cost of the asset $1,200
Multiply with the depreciation rate 5.76%
Book value at the 5 year end = $69
Resale value $200
gain on sales $131
Multiply with the Capital gain 21%
tax on gain $27
After tax gain on salvage value $173 ($200 - $27)
Answer:
(E) 4.81%
Explanation:
See the image below to get the explanation
Answer:
B. The input gains from greater international specialization and trade are the equivalent of economic growth.
Explanation:
If a country moves outside its production possibilities curve, the country has experienced economic growth, precisely because it has increased the amount of goods it can produce according to the production possibilities curve.
International trade thus facilitates economic growth because it makes each country focus on the production of the goods that have the lower opportunity cost, and therefore, use the country's resources more efficiently. This, added to technological improvements, can help a country's economy become larger in both the short and long-term.
The answer & explanation for this question is given in the attachment below.
Answer:
the question is incomplete, so I looked for a similar one online:
December 31, year 1:
interest expense = $5,300,000 x 12% x 6/12 = $318,000
September 30, year 1:
interest expense = $5,300,000 x 10% x 3/12 = $132,500
October 31, year 1:
interest expense = $5,300,000 x 9% x 4/12 = $159,000
January 31, year 2:
interest expense = $5,300,000 x 6% x 7/12 = $185,500