Answer:
D. $77,000
Explanation:
Depreciation expense using the straight line depreciation method = (Cost of asset - Salvage value) / useful life
($80,000 - $20,000) / 5 = $12,000
Accumulated Depreciation between October 1, 2013 and December 31, 2013 = (3/12) x $12,000 = $3,000
Book value = Cost of asset - accumulated deprecation
= $80,000 - $3,000 = $77,000
I hope my answer helps you
Answer:
The answer is -$5
Explanation:
A put option gives its owner/holder the right but not the obligation to sell. The holder of a put option is expecting the price of the underlying asset(stock) to drop.
The formula is:
Profit = max(0, X - St) - P
where X is the strike or exercise price
St is the market value or the spot price of the underlying asset
P is the premium
max(0, $110 - $100) - $15
10 - $15
-$5
Answer:
Option (D) is correct.
Explanation:
Economics refers to the study of the economy as a whole. The economics is studied at two different levels: (a) Microeconomics, (b) Macroeconomics
Economics is used to utilize the scare resources in a better way. We know that there are unlimited wants and desires of the people but resources to satisfy these wants are limited. Therefore, we have to allocate resources in a manner so that we can get the maximum satisfaction from them.
The scenario that best describes the purchasing property insurance is Mitchell buying insurance to protect the new stereo system from theft.
<h3>What do you mean by Purchase?</h3>
Purchase refers to acquiring something or to buy something by paying an amount for it.
Purchasing property insurance provides benefits to gain more confidence and security and provide protection if something went wrong.
In the above scenario given, Mitchell bought insurance for the newly purchased stereo system. So, it is the best scenario for describing purchasing property insurance.
Therefore, A is the correct option.
Learn more about Purchase here:
brainly.com/question/14290962
It’s D, bc it contributes equity