A ZERO COUPON BOND IS SOLD FOR 550 DOLLARS AND MATURES IN 35 YEARS WHAT IS THE YTM

A machine that cost $225,000 has an estimated residual value of $15,000 and an estimated useful life of 15,000 machine hours. Th

algol [13]

Answer:

$57,000

Explanation:

Step 1 : Depreciation Rate

Depreciation Rate = (Cost - Residual Value) ÷ Estimated Production

therefore,

Depreciation Rate = $14.00 per machine hour

Step 2 : Depreciation expenses

Depreciation expense = Depreciation Rate x Annual production

therefore

Year 1 = $42,000

Year 2 = $56,000

Year 3 = $70,000

Total = $168,000

Step 3 : Book Value

Book Value = Cost - Accumulated Depreciation

= $225,000 - $168,000

= $57,000

Conclusion :

book value at the end of year 3 is $57,000

8 0

3 years ago

What's the difference between current balance and available balance?

pickupchik [31]

Your current balance is the amount of money in your account at the beginning of a business day. This amount does not include any pending deposits or withdrawals. Your available balance is your current balance minus any pending debit card purchases, automatic drafts, processing checks or other debits from your account

5 0

3 years ago

On January 1, 2018, Tyson Manufacturing Corporation purchased a machine for $40,000,000. Tyson's management expects to use the

enyata [817]

Answer:

$4,842,800.00

Explanation:

Units-of-production depreciation method calculates the amount to be deprecation depending on the asset usage for that period.

In this case, the total hours the asset is expected to work.

Cost of machine $ 40,000,000.00

Salvage value : $ 47,000.00

total hours machine should work: 33,000.00

Depreciable amount: = Cost price- salvage value

=$40,000,000.00-$47,000.00

=$39,953,000.00

Depreciation per hour= $39,953,000.00/33000

=1,210.6969

=1,210.70

Depreciation for 2018 =1210.7x4000

=$4,842,800.00

5 0

3 years ago

On January 1, Year 1, Savor Corporation leased equipment to Spree Company. The lease term is 9 years. The first payment of $698,

Lelu [443]

Answer:

The interest revenue will Savor record in Year 1 on this lease at 9% is $347,697

Explanation:

Present value of Lease Payment = $4,561,300

Less: First Payment on Jan 1, 2018 = $698,000

Remaining Balance = $3,863,300

Interest Revenue for Year 1 at 9% = $3,863,300 × 9%

Interest Revenue for Year 1 at 9% = $347,697

8 0

3 years ago

Reflecting on the past ten weeks, specify what you believe are the two most important concepts you have learned in this course.

Mariulka [41]

Explanation:

The administration course contributed with several essential concepts for the work and career of every professional.

In my opinion, the two most important concepts learned in this course were the development of marketing plans and management of social media.

Learning about the strategic importance of implementing a marketing plan will help the professional to understand the crucial steps in the development of the product and its phases until reaching the end customer. Another essential learning was social media, which is a worldwide trend in building customer and company relationships and cannot be ignored nowadays, through this new channel companies are able to establish a relationship marketing capable of creating value for the brand and increasing customer loyalty.

6 0

3 years ago