A bond issued by the U.S. Treasury with a maturity of 90 days is sold on the

makvit [3.9K]

Answer:

$2,000

Explanation:

where the cost of the delivery truck is $28,000 and a useful life of 5 years with a salvage value of $3,000,

Annual Depreciation = $\frac{28000-3000}{5000}$

= $\frac{25000}{5}$

= 5000

Therefore,

After year 1 which is by January 1st, 2019

Net book value of the truck = $28,000 - $5,000

= $23,000

After year 2 which is by January 1st, 2020

Net book value of the truck = $23,000 - $5,000

= $18,000

After year 3 which is by January 1st, 2021

Net book value of the truck = $18,000 - $5,000

= $13,000

After year 4 which is by January 1st, 2022

Net book value of the truck = $13,000 - $5,000

= $8,000

If the useful life of the asset is extended to 7 years from 5 years, the number of years remaining for the asset as at January 1st, 2022 would be extended from 1 year to 3 years.

Therefore, where the residual value is $2,000

Depreciation per year for the remaining 3 years

= (8000 - 2000)/3

= 6000/3

= 2000

Popular Company would report $ 2,000 as depreciation expense for the year ended December 31st, 2022.

3 0

3 years ago

Which of the elements of this scenario represent a flow from a firm to a household? This could be a flow of dollars, inputs, or

satela [25.4K]

Answer:

1. The mojito Hilary receives

2. The $200 per week that Edison receives working for Little Havana

Explanation:

We are to pick the options that represents a flow from a firm to household.

There is a flow of labor from the household to the firm which results In a flow of goods or wages from the firm to the household.

1. The mojito that Hilary receives gives a flow of goods that is moving from the firm to the household.

2. The $200 per week that Edison is getting for working for Little Havana is a flow of money from the firm to edison for the services he renders at the firm. This here is a flow of money from the firm to the household

7 0

3 years ago

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of ________ will have a production possibil

Nat2105 [25]

Answer:

The answer to this question is (c) Labour, Labour intensive

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of labour will have a production possibility frontier that is biased toward production of the labour intensive good

Explanation:

The Heckscher-Ohlin model is an economic theory that proposes that countries export what they can most efficiently and plentifully produce.

The model emphasizes the export of goods requiring factors of production that a country has in abundance. It also emphasizes the import of goods that a nation cannot produce as efficiently. It takes the position that countries should ideally export materials and resources of which they have an excess, while proportionately importing those resources they need.

Therefore in regard to the question above,

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of labour will have a production possibility frontier that is biased toward production of the labour intensive good

Hence the answer is the third option, Labour, Labour intensive

5 0

3 years ago

Pink Arrangements has just completed operations for the year ended December 31, 2018. This is the third year of operations for t

Kruka [31]

Answer:

$21,000

Explanation:

Preparation of income statement

Income statement of Pink Arrangements for the year ended December 31, 2018.

REVENUE:

Service Revenue 84,000

Less EXPENSE:

Insurance Expense (2,500)

Utilities Expense (1,500)

Rent Expense (12,000)

Salaries Expense (47,000)

NET INCOME 21,000

Therefore the Income statement of Pink Arrangements for the year ended December 31, 2018 will be shows the amount of $21,000

4 0

3 years ago

The application of quantitative techniques, such as statistics and computer simulations, to management is called _____ managemen

Dafna11 [192]

Answer:

quantitative management

Explanation:

Quantitative management -

It is the method by which mathematical and computer technologies are taken into consideration , in order to filter out the financial statistics to select the stocks , is referred to as quantitative management.

The model is very basic to use as once it is established can be used easily.

Hence, from the given statement of the question ,

The correct term is quantitative management.

5 0

4 years ago