Answer: $8025
Explanation:
From the information given, first and foremost, we need to realise that only the building in this case will be depreciated due to the fact that land is considered to be a non depreciable asset.
Therefore, the MACRS depreciation charge for year 1 will then be:
= MACRS rate × Value of Building
= 1.605% × $500,000
= 0.01605 × $500,000
= $8025
This is False.
A diode is something completely different, but can be found in a computer and is an important electronic part.
Answer: 0.3
Explanation:
The Sharpe ratio is simply used by organizations and investors in order to compare the return on an investment to its risk.
From the question, we are informed that a portfolio has a 30% standard deviation generated a return of 15% last year when T-bills were paying 6.0%.
The Sharpe ratio will be:
= (15% - 6.0%)/30%
= 9%/30%
= 0.09/0.3
= 0.3
Answer:
Total Expense: $ 347,000
Income: $ 135,000
Explanation:
<u><em>Income Statement Imaging Services </em></u>
<u><em>For the Month Ended March 31, 2018</em></u>
Fees earned $482,000
Wages expense $ 300,000
Rent expense $41,500
Supplies expense $3,600
Miscellaneous expense $1,900
Total Expenses $ 347,000
Income $ 135,000 Wages, rent , supplies and miscellaneous expenses are totaled and deducted from the fees earned. Fee earned is the revenue and the expenses are deducted from it. By deducting expenses from revenue we get the income.
Answer: Manufacturers follow four steps to implement a manufacturing overhead allocation system. The last step is to: " B. Allocate some manufacturing overhead to each individual job ".
Explanation: The steps to implement a manufacturing overhead allocation system are:
1) Obtain a detailed list of all general manufacturing costs.
2) Choose an allocation base (machine hours, direct labor hours) to divide the general factory costs by this allocation base and assign general costs to each production unit.
3) The total allocation base is divided by the units produced to know the amount of manufacturing overhead associated with each unit.
4)"B. Assign some general manufacturing expenses to each individual job." For example, product X requires 2 hours of work to produce it and product Y one hour, higher general manufacturing costs will be assigned to product X
