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Marizza181 [45]
3 years ago
15

Free if I am voted brainiest and like! Next time will be Moree than 50.... :)

Business
1 answer:
PolarNik [594]3 years ago
4 0

Answer:

huh?

what?

is this fReEeE?

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Sarah buys 500 shares of stock at $18 and sells the holding for a capital gain of $3,000. What was the share price at the time o
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Answer:

$24

Explanation:

500 * 18 = $9000 worth of stock initially.

She sells with a $3000 gain, which means the value of the stock is $12000

12000/500 = $24

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Expenses, such as depreciation on buildings are also known as variable expenses. t or f?
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The statement “Expenses, such as depreciation on buildings are also known as variable expenses.”, is false, due to the fact that depreciation is a fixed cost since throughout its useful life as an asset, it reoccurs in the same amount per period, and thus, depreciation cannot be considered a variable cost. Nevertheless, as with all things, there is an exception. The depreciation will be sustained in a pattern that is more consistent with a variable expense, only if a business recruits a usage-based depreciation methodology.

To add, the corporate expense that alters with the company’s production output is called the variable cost.

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3 years ago
Select the correct answer.
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C is the correct answer
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3 years ago
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Wildhorse Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be d
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Answer:

depreciation expense 2021 = $6,200

depreciation expense 2022 = $6,700

Explanation:

depreciable value = $29,000 - $200 = $28,800

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number of miles driven during 2021 = 31,000

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depreciation expense 2022 = 33,500 x $0.20 = $6,700

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