Annual tax return is a document which states the income and expenses of a certain firm or individual and it is given to the tax department for further checking.
Depreciation expenses is the decrease in the cost of an asset that has appeared over a period of time because of its use. Any expense that is related to a certain asset is included to calculate the depreciation expense.
Depreciation expense: Cost of the asset - residual value/ total units expected to be produced * actual units produced
To learn more about depreciation expense, click here:
brainly.com/question/15024945?referrer=searchResults
#SPJ4
Answer:
approximate YTM = 12.16%.
Explanation:
the approximate yield to maturity = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]
approximate yield to maturity = {100 + [(1,000 - 850) / 12]} / [(1,000 + 850) / 2] = 112.5 / 925 = 0.1216 = 12.16%
An investor that purchases this bond at $850 can expect to earn a 12.16% return.
Answer:
10%
Explanation:
The computation of the rate of return during the year is shown below:
Rate of return = (End year investment price - beginning year investment price + additional investment received) ÷ (beginning year investment price)
= ($120,000 - $100,000 + $10,000) ÷ $100,000
= $10,000 ÷ $100,000
= 10%
Simply we applied the above formula so that the rate of return could come
