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2 years ago

8

Morgan Stanley's wealth management unit offers to invest profits of $750,000 made by an artist on a world tour at 7% compounded

semi-annually, locking the money for three years. What will the cash out be

1 answer:

Elden [556K]2 years ago

4 0

Answer:

$171,941

Explanation:

Cash out = $921,941. 2. Interest earned by the investment = $171,941.

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Able Towing Company purchased a tow truck for $90,000 on January 1, 2012. It was originally depreciated on a straight-line basis

attashe74 [19]

Answer:

$14,620.00

Explanation:

Depreciation on a straight line is constant throughout the useful.

For able towing, depreciation expenses for 2012 and 2013 will be

Depreciable amount = cost price - salvage value

=$90,000- $18,000= $72,000

Depreciation will be $72,000 /10 years which will be $7200 per year

For two years will be $7200 x 2= $14,400

At the beginning of 2014, the book value will be $90,000 - $14,400=$ 75,600

new salvage value beginning 2014 is $2500

Depreciable amount is $75,600- $2,500=$73100

use-life life is 5 years.

The depreciation rate for 2014 is $73,100 /5 years

=$14,620.00

5 0

3 years ago

Ula purchased stock in Purple, Inc., six years ago for $150,000. Purple has assets with a value of $225,000 ($175,000 basis) and

elena55 [62]

Answer:

$15,000 gain

Explanation:

Assets with a value of $225,000

Remaining asset (cash) to Ula ($25,000)

Purple liabilities ($60,000)

Balance $140,000

Balance Brought forward $140,000

Remaining asset (cash) to Ula $25,000

Ula purchased stock ($150,000)

Balance $15,000 gain

Or

$225,000-$25,000-$60,000=$140,000+$25,000-$150,000=$15,000 gain

Therefore we have $15,000 gain.

3 0

3 years ago

An emerging market is?

aivan3 [116]

Answer:

a market located in an economy with low to middle per capita income.

<h3><u>PLEASE</u><u> MARK</u><u> ME</u><u> BRAINLIEST</u><u>.</u></h3>

8 0

3 years ago

An increase in expected future income ______.

nataly862011 [7]

Answer: A

Explanation: Increase the supply of loanable funds today because households with larger expected future income will save more today

5 0

3 years ago

Rhed Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day

REY [17]

Facility expenses in the flexible budget comes out to be $24,260.

<h3>What is flexible budged?</h3>

A flexible budget is one that is based on various sales volumes. For each projected level of production, the static budget is adjusted by a flexible budget. Due to this flexibility, management is able to predict how the budgeted figures will change as sales volume changes.

Calculation for the facility expenses in the flexible budget for December:

The table of the data used in budgeting: Fixed Element per Month Variable element per tenant-day Revenue is in attachment-

Facility expenses in the flexible budget = Variable + Fixed

= (3650*4.40) + 8200

= 16,060 + 8200

= 24,260

The wages and salaries in the planning budget for December would be closest to $24,260.

To know more about the flexible budget, here

brainly.com/question/25353134

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6 0

2 years ago