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MaRussiya [10]
3 years ago
9

The Andrews Company has just purchased $43,088,000 of plant and equipment that has an estimated useful life of 15 years. The exp

ected salvage value at the end of 15 years is $4,308,800. What will the book value of this purchase (exclude all other plant and equipment) be after its third year of use?
Business
1 answer:
OverLord2011 [107]3 years ago
8 0

Answer: $35,332,160

Explanation:

The boik value of the purchase will be calculated thus:

Cost of plant = $43,088,000

Useful life = 15

Savage value = $4,308,800

Depreciation per year = ($43,088,000 - $4,308,800) / 15

= $38779200/15

= $2,585,280

Accumulated depreciation after third year will be:

= $2,585,280 × 3

= $7755840

Book value = $43,088,000 - $7,755,840

= $35,332,160

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Answer:

D) All of the above.

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It can also be expressed mathematically as: Px/Py.

The answer is (D) All of the above.

7 0
2 years ago
ompanies that succeed in a turbulent world are those in which managers are evaluated and rewarded for paying attention to both c
Dmitry_Shevchenko [17]

Answer:

True

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5 0
3 years ago
Who gains from inflation? multiple choice 3 those with the most skill. no one benefits from inflation. borrowers lenders
stellarik [79]

Borrowers gains from inflation.

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Inflation is the charge of growth in costs over a given time frame. Inflation is typically a huge degree, together with the overall increase in prices or the boom in the cost of living in a country.

At the same time as high inflation is typically considered harmful, some economists trust that a small amount of inflation can help power economic growth. the opposite of inflation is deflation, a state of affairs where costs tend to say no. The Federal Reserve's goal is a 2% inflation fee, based totally on the consumer price Index (CPI).

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4 0
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Nataly_w [17]

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I hope my answer helps you

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san4es73 [151]

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8 0
2 years ago
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