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trasher [3.6K]
3 years ago
9

Ronnie's Custom Cars purchased some fixed assets two years ago for $50,000. The assets are classified as 5-year property for MAC

RS. Ronnie is considering selling these assets now so he can buy some newer fixed assets which utilize the latest in technology. Ronnie has been offered $27,000 for his old assets. What is the net cash flow from the salvage value if the tax rate is 34 percent
Business
1 answer:
DaniilM [7]3 years ago
6 0
Ew don’t give a scrag
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Wiley company purchased new equipment for $60,000. wiley paid cash for the equipment. other costs associated with the equipment
Colt1911 [192]
The total cost of equipment that should be recorded is calculated by adding up all the given values in this item. The costs include equipment cost, transportation cost, tax, and installation cost. Adding up all the values,

     TC = ($60,000) + ($1,000) + ($3,000) + ($2,500)
               TC = $66,500

ANSWER: TC = $66,500
6 0
3 years ago
All else constant, a bond will sell at _____ when the coupon rate is _____ the yield to maturity. Multiple Choice a premium; les
MakcuM [25]

Answer:

The correct answer is letter "D": discount; higher than.

Explanation:

Yield To Maturity (YTM) is the expected return from holding a bond until maturity. It is when the bondholder does not end up selling the bond before the bond's maturity date. <em>YTM is calculated as an annual rate, and it accounts for what all future bond coupon payments at their present value are worth today.</em>

Ceteris paribus, <em>bonds are sold at discount only when the coupon rate is higher than the YTM.</em>

5 0
4 years ago
The Thomlin Company estimates that total overhead for the current year will be $16,000,000 and that total machine hours will be
anzhelika [568]

Answer:

d. $80 per machine hours

Explanation:

The computation of the overhead rate is shown below:

Overhead rate = Estimated total overhead cost ÷ total machine hours

= $16,000,000 ÷ 200,000 hours

= $80 per machine hours

The overhead rate is come by dividing the estimated total overhead rate by the total machine hours

All the other information that is mentioned is not considered. Hence, ignored it

4 0
3 years ago
If a country has an absolute advantage in producing a good, it definitely also has a comparative advantage in producing that goo
ohaa [14]

Answer:

Correct option:

an absolute advantage in producing a good, it might or might not have a comparative advantage in producing that good

Explanation:

If a country has

  • an absolute advantage in producing a good, it definitely also has a comparative advantage in producing that good.
  • an absolute advantage in producing a good, it might or might not have a comparative advantage in producing that good
  • a comparative advantage in production of a good, it must also have an absolute advantage in producing that good.
  • an absolute advantage in producing a good, it definitely will not have a comparative advantage in producing that good.
  • None of these answers is correct.

the absolute advantage refer to the quantity of output of a certain good.

if country A does 100 and B 50

then, A has an absolute advantage as it can out produce B

the competitive advantage will when the opportunity cost of making a cartain product is lower than the other.

If A can do 500 of anther goods

while B can do 50

then the comparative advantage favors B

as it cost 50 /50 = 1 good to produce the produce

while for country A it cost: 500/50 = 10 goods to produce it.

GIven this analysis, the option B will be the correct

a country with an absolute advantage might or might nothave a comparative advantage as well.

6 0
3 years ago
All of the following should be considered before enrolling in a 529 plan except which
Pavel [41]

There is a limit on how many colleges you can apply to.

7 0
4 years ago
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