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zavuch27 [327]
2 years ago
6

ABC Ltd. purchased a new 3-D printer for $500,000 at the beginning of year 1. Although this printer is expected to last for 10 y

ears, ABC knows the technology will become old quickly, and so they plan to replace this printer in 4 years. At that point, ABC would be able to sell the printer for $20,000. Calculate the net book value of the printer when at the end of year 2 using the declining balance method with a rate of 50%.
Business
1 answer:
Klio2033 [76]2 years ago
5 0

Answer:

ɨt աɨʟʟ ɦaʋɛ ʟօst ɨt's ʍaʀҡɛt ʋaʟʊɛ

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Assume a firm in a competitive industry is producing 800 units of output, and it sells each unit for $6. Its average total cost
Sveta_85 [38]

Answer:

Profit= $1600

The profit which firm is generating is $1600.

Explanation:

Formula:

Profit= Total Selling Cost- Total Actual Cost

Profit= (Price at which unit is sold*Number of units) - (Average cost*Number of units)

In our case:

Number of units=800 units

Price= $6

Average cost= $4

Profit= ($6*800) - ($4*800)

Profit= ($4800) - ($3200)

Profit= $1600

The profit which firm is generating is $1600.

8 0
3 years ago
Josh and Joe are opening a copy store. There are no competing copy stores in the area. They must decide how to organize the busi
goldenfox [79]

Answer:

(B) be able to transfer ownership without affecting the continuity of the company

Explanation:

The corporate form of business has many advantages incuding the ability to transfer ownerhip without affecting the continuity of the business ( the selling of shares). This is the case as the business is seperate from its owners. The business is a legal entity that own properties, and also carry' s out allot of activities on its own. This is not the case with sole proprietorship and partnership where the owners and the business are one and the same and the owners could be personally liable for its debts.  

6 0
3 years ago
Easy Walk, a pet leash company, doesn't conduct customer surveys. If it had it would discover that one of its main leash lines f
jekas [21]
The answer to your question should be Retain customers.
5 0
3 years ago
Matt plans to start his own business once he graduates from college. He plans to save $1,400 every six months for the next five
NemiM [27]

Answer:

$18,453.40

Explanation:

the easiest way to determine how much money Matt is going to save is by using the future value annuity factor. Using a future value annuity table, we must look for the value that correspond to 5% interest and 10 periods =  13.181

Now we multiply our annuity factor times the amount of money that Matt saves every 6 months = $1,400 x 13.181 = $18,453.40

When Matt graduates from college he should have saved $18,453.40.

6 0
3 years ago
Mitchell Co. has $1.1 million of debt, $3 million of preferred stock, and $3.3 million of common equity. What would be its weigh
Novay_Z [31]

Answer:

0.45

Explanation:

Calculation for What would be its weight on common equity

Using this formula

Weight on common equity= Common equity/(Debt+Preferred stock+Common equity+ )

Let plug in the formula

Weight on common equity=$3.3 million /($1.1 million +$3 million +$3.3 million)

Weight on common equity=$3.3 million/$7.4 million

Weight on common equity=0.45

Therefore What would be its weight on common equity is 0.45

3 0
2 years ago
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