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Pani-rosa [81]
3 years ago
10

Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $47,500.

The machine's useful life is estimated at 10 years, or 405,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 34,500 units of product. Determine the machine's second-year depreciation using the double-declining-balance method.
Business
1 answer:
Doss [256]3 years ago
6 0

Answer:

Dep expense for the second year 7,600

Explanation:

\left[\begin{array}{ccccc}Year&Beginning&Dep-Expense&Acc. \: Dep&Ending\\0&-&-&-&47500\\1&47,500&9,500&9,500&38,000\\2&38,000&7,600&17,100&30,400\\\end{array}\right]

1/10 = straight-line method

straight-line x 2 = DD rate

47,500 x 2/10 = 9500

then we calculate the DD rate again with the book value

47,500-9,500 = 38,000

38,000 x 2/10 = 7,600

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Answer:

Expected value is 5.5

Explanation:

Expected value = sum of X*P(x)

= 1/4*2 + 1/4*4 + 1/4*6 + 1/4*10

= 0.5 + 1.0 + 1.5 + 2 .5

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6 0
4 years ago
Suppose Brian is in the market for a used textbook and the campus bookstore is having a sale. If the initial price of the used b
pishuonlain [190]

Answer:

35.29%

Explanation:

Data provided in the question:

Market price of the used book = $85

Discounted price = $55

Now,

The percentage change in the book price will be calculated as:

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on substituting the respective values, we get

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= 35.29%

Hence,

the percentage change in the book price is 35.29%

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3 years ago
Assume that M is $200 billion and V is 6. If V increases by 15 percent, then, according to the monetarist equation, nominal GDP
velikii [3]

Answer:

Value of nominal GDP ; PY = $ 1380 ans.

Explanation:

Monetarism is an economic school of thought that stresses the primary importance of the money supply in determining nominal GDP and the price level. The "Founding Father" of Monetarism is economist Milton Friedman. He said that Inflation is always and everywhere a monetary phenomenon.

We begin with the equation of exchange. This is the building block for monetarist theory. It says that

M × V = P × Y

where M is the quantity of M1

V is velocity of M1, or the average number of times that the dollar turns over in a given year on the purchase of final goods and services

P is the price level, and Y is real output.

Now changes in M V will change the nominal GDP ; P Y

Initially, we have M V as 200 ( 6) =$1200

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MV = 200 ( 6.9 ) ; MV = $1380

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Luwam is convinced that her product idea has great potential. She has decided to produce the product herself, but will use other
Pachacha [2.7K]

Luwam is convinced that her product idea has great potential. She has decided to produce the product herself, but will use other companies who specialize in storing and transporting products to help her move the product from where it is manufactured to the final consumer. These specialists Luwam uses will be part of her: "channel of distribution".

<h3>What is channel of distribution?</h3>

A product or service could travel down a distribution channel to reach the market. A corporation can sell to customers directly through a direct distribution channel, which is typically a website or physical store.

Some characteristics of channel of distribution are-

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  • Wholesalers, retailers, distributors, and the Internet are examples of distribution channels.
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Therefore, the length of a distribution channel depends on how many middlemen are needed to distribute a good or service.

To know more about the distribution channel, here

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