<span>Answer is $17,325.
Since the salvage value of the asset after its four years of useful life is $3,300 while its current purchase value is $28,500; we need to depreciate the difference over 4 years. That us $25,200 to be depreciated over 4 years using a straight line method. At December 31 of year 3, the asset will be 2.75 years old(2 years, 9 months). Hence the accumulated depreciation is $25,500*(2.75/4). This is $17,325.</span>
Answer:
Answer for the question:
Harry's competitive math team has been ranked the number one team for the past 40 days. His team competes in a math competition at least once per day and competes in no more than 60 competitions in these 40 days. Show that there is some day $i$ and some day $j$ such that between $i$ and $j$, exactly 19 matches have been played.
is given in the attachment.
Explanation:
Assume an investor thinks the stock market is about to undergo a sharp retreat. under these conditions, the investor’s best course of action would be to interest rate future.
Buyers and sellers can trade equity shares of public firms in stock exchanges. Due to their ability to democratize access to investor trading and capital exchange, stock markets are essential elements of a free-market economy. Prices are discovered and traded in stock markets in an efficient manner.
Shares of publicly traded corporations are traded in stock market. In an initial public offering (IPO), corporations sell shares to the general public on the primary market in order to raise money.
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Answer:
$30,000
Explanation:
The computation of the amount received by Janet is given below:
Loss on sale of other assets is
= $150,000 - $50,000
= $100,000
Share of Janet in loss is
= $100,000 × 5 ÷ 10
= $50,000
So,
Janet revised capital balance is
= $80,000 - $50,000
= $30,000
Answer:
$1,369,200
Explanation:
Calculation for EBIT
Using this formula
Value of Equity= EBIT / WACC
Let plug in the formula
$16,300,000 = EBIT / .084
EBIT = .084($16,300,000)
EBIT = $1,369,200
Therefore EBIT is $1,369,200
