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Triss [41]
3 years ago
9

Six years ago a commercial property owner paid $490,000 for her complex which included 10 acres of land valued at $100,000. Usin

g a 40-year straight-line depreciation method, what would be the current value of the apartment complex?
Business
1 answer:
Kobotan [32]3 years ago
3 0

Answer:

AS land cannot be depreciated we will first subtract the value of the land from the complex so we are left with $390,000 (490,000-100,000)

In straight line method each year the asset is depreciated by the same amount so in order to find out yearly depreciation we will divide 390,000 by 40

=9750

In 6 years the complex has depreciated for $58,500

So the current value of the apartment complex would be (490,000-58500)

The current value of the apartment complex is $431500

Explanation:

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the two principal policy tools that the federal government uses to manage economic conditions are monetary policy and fiscal pol
steposvetlana [31]

Monetary policy is used to control the size of the money supply to stimulate or moderate business activity levels in the economy. in contrast, fiscal policy uses government spending and taxation to do the same.

<h3>What is monetary and fiscal policy?</h3>

Fiscal policy are the steps taken by the government to change the business levels in the economy. The tools of fiscal policy are taxes and government spending. Fiscal policy can be expansionary or contractionary.

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes. Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes

Monetary policy are policies taken by the central bank of a country to shift aggregate demand. The tools of monetary policy are open market operations, reserve requirement and discount rate.

Expansionary monetary policy are polices taken in order to increase money supply. Contractionary monetary policy are policies taken to reduce money supply.

To learn more about monetary policy, please check: brainly.com/question/3817564

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7 0
2 years ago
Melinda wants to set aside money for a long-term savings goal. She hopes to deposit
babymother [125]

Answer:

future savings

Explanation:

because at the end of the 5year saving she will be able get more interest on her saving

8 0
3 years ago
The government sets an allowable amount of pollution and lets companies buy and sell the right to release this pollution in a co
Margaret [11]

Answer:

D. tradable permits

Explanation:

Tradable permits also known as emissions allowance is an attempt at regulating pollution through the market system. tradeable permit gives right to the bearer of such permit to emit pollution up to a limited amount and if such permit is partially used or for one reason or the other, it is unused, it can be traded or negotiated to a willing buyer.

7 0
3 years ago
If one unit of Product Z2 used $1.70 of direct materials and $3.70 of direct labor, sold for $10.00, and was assigned overhead a
vagabundo [1.1K]

Answer:

The correct answer is B

Explanation:

The gross profit is computed as:

Gross Profit (GP) = Selling price - Expense

where

Selling price amounts to $10.00

Expenses involve DM (Direct Material), DL (Direct Labor) and Overhead

So,

DM amounts to $1.70

DL amounts to $3.70

And

Overhead = 22 % of direct labor

= 22% × $3.70

= $0.814

Putting the values above:

GP = $10.00 - ($1.70 + $3.70 + $0.814)

GP = $10.00 - $6.214

GP = $3.786 or $3.79

7 0
3 years ago
At what wage rate will there be excess labor supplied in the market?
34kurt
If the wage<span> is free to adjust in response to </span>market<span> forces it </span>will<span> move to We, where the demand for</span>labour<span> equals the </span>supply<span>. When the </span>wage<span> is above We, more </span>labour will<span> be presented for employment than firms in the industry </span>can<span> profitably hire. It </span>will<span> pay workers to lower </span>their wages<span> to obtain employment in the industry.
</span>
6 0
3 years ago
Read 2 more answers
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