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Marat540 [252]
3 years ago
9

The jones company has just completed the third year of a​ five-year macrs recovery period for a piece of equipment it originally

purchased for $ 295 comma 000.
a. what is the book value of the​ equipment
Business
1 answer:
tankabanditka [31]3 years ago
7 0
Using the straight line method

Depreciation per year
295,000÷5=59,000

Accumulated depreciation for 3 years
59,000×3=177,000

Book value of the equipment
295,000−177,000
=118,000
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<u>Explanation:</u>

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3 years ago
Pl lumber stock is expected to return 22 percent in a booming economy, 15 percent in a normal economy, and lose 2 percent in a r
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                    Expected rate of return           Probabilities
Booming                22%                                    5%
Normal                  15%                                   92%
Recession               2%                                     3%

The expected rate of return on this stock is solved by multiply each expected rate of return to its corresponding probability and getting the sum of all products.

Booming: 0.22 x 0.05 =  0.011
Normal:   0.15 x  0.92 = 0.138
Recession 0.02 x 0.03 =<u> 0.0006</u>
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3 years ago
____ has experienced a rapid increase in the use of credit cards for purchase?
ch4aika [34]
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3 years ago
Institute Technologies is choosing new cost drivers for its accounting system. One driver is labor hours, the other is a combina
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Answer:

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Explanation:

The computation is shown below:

Unit variable cost pool is

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=$ 4.444 per machine hour

And,

Batch-level cost pool = Budgeted cost ÷ Budgeted number of setups

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= $ 300 per setup

Now

Unit variable cost pool is

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And, Batch-level cost pool is

= Actual number of setups × Activity rate

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soldier1979 [14.2K]

Answer:

Seasonal Unemployment.

Explanation:

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