Answer:
D) $0
Explanation:
The depreciation method changed, but the previous depreciation expense has already been recorded and subject to taxes. Therefore the new straight line depreciation should start with the remaining asset value and calculate the depreciation expense for the remaining 6 years:
For example, if the purchase value was $1,200,000 (= $300,000 x 4), the remaining value would be $675,000 then the depreciation expense will be $112,500 per year during the next 6 years starting on year 9.
Answer:
<u>A. summarizes and documents the firm's financial activities during the past year</u>
Explanation:
- A forms annual report is a consolidated report on the financial standing of the company interns of assets and the liabilities and also includes other financial activities done by the company through the preceding year.
- The report is meant for the shareholders and tells about the companies financial information along with the financial performance of NPAs and the company stocks this includes balance sheets, audit reports, and income statements.
- Statement regarding the directors, shareholders, and judgment of the estimated values and the claims that the company will continue to do business with.
Monthly income refers to the gross countable income received or projected to be received during the subsequent month.
<h3>
Interest compounded monthly</h3>
Given Information:
- Principal = 328,133.32
- Interest rate = 6.2%, compounded monthly
- Term = 25 years
A = P (1 + r/n)^nt
A = 328,133.32 (1 + 6.2%/12)^12*25
A = 328,133.32 (1 + 0.0052)^300
A = 328,133.32 (1.0052)^300
A = 328,133.32 (4.74)
A = 1,555,351.94 Total value after 25 years.
=1,555,351.94 / 300 months = 5,184.51 per month.
Learn more about monthly income, refer to the link:
brainly.com/question/24685812
Answer:
are qualified in there industry
Explanation:
that's what my quiz said was right
It can fall between Federal Emergency Management Agency (FEMA) or the U.S. National Guard (depends if the head of government for said state declared the are as in a state of emergency.<span />
