A photocopier cost $105,000 when new and has accumulated depreciation of $96,000. if the business discards this plant asset, the result is a loss of 9,000.
During the asset's anticipated useful life, depreciation is allocated in order to charge a fair percentage of the depreciable amount in each accounting period. Amortization of assets with predetermined useful lives is included in depreciation. Depreciation enables businesses to recoup the cost of an item at the time of acquisition. Instead of collecting the full cost of an asset right away, the technique enables businesses to do so during the asset's lifecycle. This enables businesses to replace current assets with the necessary quantity of revenue in the future.
Subtract the asset's cost from its salvage value (what you anticipate it to be worth at the end of its useful life) to determine depreciation using the straight-line technique. The outcome is the amount or depreciable basis.
Depreciation = asset's cost - salvage value
Depreciation = $105,000 - $96,000
Depreciation = $9,000
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Answer:
IRR 1.50%
It will receive 300,000 dollars when:
250,000 is return of capital and 50,000 will be considered profit.
Explanation:
1,000 x 300 months = 300,000 dollars
The IRR will make the payment match the present value of the $250,000 principal
That will be the yield of the investment.
C 1,000.00
time 300
rate 0.001251129 ( we solve for the rate using excel goal seek or a financial calcualtor
PV $250,000.0000
Now, as this are monthly payment we multiply by 12 to get the annual convertible rate:
0.001251129 x 12 = 0.015013551
rate = 1.50% per year
It’s A- interest hope that helped :D
If employees pay the same percent of their income to the government no matter how much they make, this is known as "flat taxation." Flat taxation is mainly applied when a person would like too know the corporate income. Corporate income is the amount of money a business would have to pay. It's like taxes to a person but to a business all prime business member's would have to pay it or their business would be shut down. Taxes work like this: the more a person makes in a year, the more that person would have to pay back. The increase of income a person make would have to pay it back and then the taxes would go to the government and then the government would use that money for roads, public schools, police and fire stations, all daily services.
Hope this helps!
An example of a <u>threat from substitute products</u> is when new communication technology impacted unrelated industries such as the airline industry.
<h3>What are substitute products?</h3>
A substitute products refers to similar product that can be replaced with use of former product by the consumers
In conclusion, the example of a <u>threat from substitute products</u> is when new communication technology impacted unrelated industries such as the airline industry
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