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Vladimir79 [104]
2 years ago
6

Augustus Company is considering investing in new equipment. Based on the following, what is the Average Annual Operating Income

(as in the Accounting Rate of Return calculation)?
Estimated Cost of New Equipment $500,000
Useful life in years 5
Estimated Residual Value $50,000
Expected New Cash Inflows over life of asset $700,000
Business
1 answer:
sladkih [1.3K]2 years ago
3 0

Answer:

$50,000

Explanation:

Estimated Cost of New Equipment = $500,000

Useful life in years = 5

Estimated Residual Value = $50,000

Expected New Cash Inflows over life of asset = $700,000

Annual depreciation expense = (Estimated Cost of New Equipment-Estimated Residual Value)/Useful life in years

= ($500,000 - $50,000) / 5

= $450,000 / 5

= $90,000

Average annual cash flow = Expected New Cash Inflows over life of asset/ Useful life in years

= $700,000/5

= $140,000

Average annual operating income = Average annual cash flow - Annual depreciation expense

= $140,000 - $90,000

= $50,000

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Answer:

The balance in the Prepaid Rent account as of April​ 30, 2018 = $7,200

Explanation:

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for 5 months

Prepaid rent account as on April 30 balance will be of rent for May and June,

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Only this amount will be outstanding in prepaid rent as for the month till April each month rent would have been adjusted from February to April.

Final Answer

The balance in the Prepaid Rent account as of April​ 30, 2018 = $7,200

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3 years ago
The impact lag facing the Fed is
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Answer: A: the time required for monetary policies to take effect

Explanation:

The impact lag also known as the response lag is the time it takes for corrective monetary and fiscal policies, designed to smooth out the economic cycle or respond to an adverse economic event, to affect the economy once they have been implemented.

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3 years ago
Kyla replaces Lomax in his job at Motor Corporation. Lomax believes that he has been discriminated against on the basis of his a
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<h3>What is  Age Discrimination in Employment Act?</h3>
  • Age discrimination against anyone over the age of 40 is prohibited by the Age Discrimination in Employment Act (ADEA).
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Therefore, for the Age Discrimination in Employment Act to apply Lomax must be forty years of age or older.

Know more about Age Discrimination in Employment Act here:

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The correct question is given below:
Kyla replaces Lomax in his job at Motor Vehicle Manufacturing Corporation (MVMC).

Refer to Fact Pattern 18-1. Lomax believes that he has been discriminated against on the basis of his age. For the Age Discrimination in Employment Act to apply

6 0
1 year ago
All of the following issues can be addressed by a faculty member at your high school except
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The issues are as follows:

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2) financial aid.

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4) legal help.

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Fourth option is the correct answer.

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The faculty members of the high school are addressing the issues relating to financial assistance, testing of hearing and eye vision and the nutritional requirements.

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7 0
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Explanation:

The adjusted journal entry is shown below:

Corp Laundry supplies Expense A/c Dr $6,580

       To Corp Laundry supplies A/c $6,580

(Being the corp supplies expense is recorded)

It is computed below:

= Purchased value of laundry supplies - still on hand

= $7,990 - $1,410

= $6,580

The answer is correct but The options that are given are incorrect.

8 0
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