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2 years ago

Emily's grandmother bought her a treasury bond in 2020. When will it reach its maturity date?

Business

2 answers:

Anastasy [175]2 years ago

8 0

Answer:

2030

Explanation:

Treasury bonds can be a good investment for those looking for safety and a fixed rate of interest that's paid semiannually until the bond's maturity

Doss [256]2 years ago

4 0

Answer:

The correct answer is: D. 2050

Explanation:

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An asset used in a four-year project falls in the five-year MACRS class for tax purposes The asset has an acquisition cost of $5

zalisa [80]

Answer:

$1,449,068.80

Explanation:

Book value on purchase $5,100,000

Less: Accumulated depreciation $4,218,720

(5,100,000*(0.2+0.32+0.192+0.1152)

Book value on sales $881,280

Salvage value of paint $1,600,000

Book value of as set $881,280

Gain on disposal $718,720

Tax on gain on disposal = $718,720 * 21% = $150,931.20

After tax cash flow = $1,600,000 - $150,931.20

After tax cash flow = $1,449,068.80

4 0

3 years ago

Fordon Corporation purchased a piece of equipment for $50,000. It estimated a 8-year life and $2,000 salvage value. At the end o

svet-max [94.6K]

Answer:

Revised Depreciation charge per year is $2,200

Explanation:

Revised Depreciation can be calculated in 3 steps:

Step 1: Annual Depreciation charge of Equipment using initial estimate

Depreciation charge = (Cost of Asset – Salvage Value) / Useful life

Depreciation charge = ($50,000 - $2,000) / 8 years = $6,000 per year

Step 2: Calculate Net Book Value of Equipment at the end of year 4

Cost of Asset: $50,000

Less: Accumulated Depreciation of 4 Years ($6,000 x 4): ($24,000)

Net Book Value: $26,000

Step 3: Calculate Revised Depreciation charge using the revised useful life

Revised Depreciation charge = (Net Book Value of Asset at the end of Year 4 – New Salvage Value) / Revised Useful life

Revised Depreciation charge = ($26,000 - $4,000) / 10 Years = $2,200 per year

6 0

3 years ago

The flexible budget performance report directs management's attention to areas where: (Check all that apply.)

Solnce55 [7]

The flexible budget performance report directs management's attention to areas where:corrective action can help control operations.

<h3>What is flexible budget performance report?</h3>

Flexible budget performance report can be defined as the type of report that enables the management of a company to determine the difference between quantity variance and price variances.

Flexible budget performance report is important for companies as it draw their attention to areas were they need to take corrective action that will lead to efficiency.

Inconclusion it directs management's attention to areas where:corrective action can help control operations.

Learn more about Flexible budget performance report here:brainly.com/question/14015382

5 0

2 years ago

Which loan type requires you to make loan payments while you're attending school?

babymother [125]

Answer:

Unsubsidized Loans

Explanation:

The kind of loan required the person in order to make the loan payments when attending the school is the Unsubsidized Loans, which is also known as the Unsubsidized Stafford Loans, it is that kind of loan which is for the federal student and borrowed by the Direct Loans program which offer graduate, professional and undergraduate students a fixed , low interest rate and also the flexible repayment terms.

6 0

3 years ago

Which of the following is not a need-based source of financial aid

yanalaym [24]

B. athletic scholarship

6 0

3 years ago

Read 2 more answers