Answer:
B. 10%
Explanation:
Given that
Tax rate = 40%
Net tax rate = 6%
Recall that
Gross interest = Net of tax rate / ( 1 - tax rate)
Therefore,
= 0.06 ÷ ( 1 - 0.40)
= 0.06 ÷ 0.60
= 0.1
= 10%
The following that most strongly implied by this information is that at the current level of production, the firm is making a profit of $3000. Jake and Mathew will most likely agree on The firm should increase production from the current level. Mathew is assuming that no new firms enter the market in the short run.
Answer:
All of the above
Explanation:
ISO means: International Organization for Standardization. It is one of the most important standard making bodies.
This organization has issued the standard ISO 15118 (1-9) that gives technical recomendations about data communication interfaces for road vehicles. So, both concepts listed above are true.
Answer:
Depreciation expense-Year 2 = $8840
Explanation:
It is important to note that the depreciation is based on the units-of-production method and in case of the truck, we take 100000 miles as its useful life or total units of production.
The depreciable value of the truck is Cost - salvage value,
Depreciable Value = 33000 - 7000 = 26000
The depreciation for year 2 based on units-of-production is,
Depreciation expense for year 2 = 26000 * 34000/100000 = $8840
