Answer:
The correct answer is C - $2,641.00.
Explanation:
Answer:
false, these two can be related
Explanation:
false
Answer: C : They will need to subtract a partial year of depreciation from the book value of the second truck but not the first truck.
Explanation:
When disposing of fixed assets such as vehicles, depreciation has to be charged on them to see their Net Book Value.
Companies usually depreciate their vehicles on a yearly basis in accordance with the end of their fiscal year. This company therefore most likely depreciates on December 31.
The first truck is sold 2 days after this Depreciation so there is no need to add more depreciation to it.
However the second truck on the other hand was sold 6 months later. Depreciation needs to charged on this substantial period but since it was not for the full year, a partial one needs to be charged.
Answer:
Japan
Explanation:
Data provided in the question
Japan Nominal interest rate = 2.0%
U. S Nominal interest rate = 4.0%
Japan inflation rate = 0.50%
U.S inflation rate = 3.0%
Now the formula to compute the real interest rate is
Real interest rate = Nominal interest rate - inflation rate
For Japan, it is
= 2% - 0.50%
= 1.50%
For U.S, it is
= 4.0% - 3.0%
= 1.0%
So as we can see that highest rate interest rate is 1.50% i.e of Japan
Answer:
0.4 or 40%
Explanation:
The formula for Contribution Margin Ratio is:
[TS - TVC] / TS
Where TS = Total Sales
TVC = Total Variable Cost
Applying the formula,
[5,000 - 3,000] / 5,000 = 2000/5000 = 0.4
Turning this value to a percentage, 0.4 × 100 = 40%
The interpretation of this is that for every item sold, 40% of the sales price is available to cover fixed costs.
Remember: The addition of fixed cost to variable cost = total cost
