A telephone cost $250. the sales tax is 7.5 . what was the cost of the telephone including sales tax

On December 31, year 3, Byte Co. had capitalized software costs of $600,000 with an economic life of four years. Sales for year

Ratling [72]

Answer:

net capitalized cost is = $450000

so correct option is b. $450,000

Explanation:

given data

capitalized software costs = $600,000

expected total sales = 10%

sale = 4 year

net realizable value = $480,000

solution

we find out net capitalized cost of computer software that is

net capitalized cost of computer software is = Year 1 balance - Year 2 amortization ........................1

here we get first Year 2 amortization that is

Year 2 amortization is = capitalized software costs ÷ total projected sale ..............2

put here value

Year 2 amortization = $\frac{600000}{4}$

Year 2 amortization is = $150,000

so here we get net capitalized cost

net capitalized cost is = $600,000 - $150,000

net capitalized cost is = $450000

so correct option is b. $450,000

8 0

3 years ago

Which of the following companies has the lowest degree of leverage?

LiRa [457]

The firm with a 20% Debt and 80% Equity has the lowest degree of leverage.

<h3>What is a degree of leverage?</h3>

This means how much a firm operating income changes in response to a change in sales.

Because the Firm C has a low debt, this means its has the lowest degree of leverage when compared to others.

Therefore, the Option C is correct.

Missing options "90% Debt, 10% Equity

30% Debt, 70% Equity

20% Debt, 80% Equity

50% Debt, 50% Equity"

Read more about degree of leverage

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4 0

2 years ago

Corona Co. is expecting to receive 100,000 British pounds in one year. Corona expects the spot rate of British pound to be $1.49

Grace [21]

Answer:

Explanation:

1st strategy : Selling pound forward

The spot rate of the pound is quoted at $1.51.

The one-year forward rate exhibits a 2.65% premium.

The one-year forward rate = 1.51 ( 1+ 0.0265)

= $ 1.55

Dollars received = 100000 * 1.55 = $155000

2nd strategy : Buying put option

The strike price of put = $1.54

premium on option is $.03

Amount received per option = $ 1.54 - $ 0.03 =$1.51

Total Dollars received = 100000* 1.51 = $ 151000

the best possible hedging strategy is Selling pound forward and receiving $155000

7 0

3 years ago

More than two-thirds of business meetings are considered to be what

coldgirl [10]

Complete Question:

More than two-thirds of meetings are considered to be:

A. Highly engaging and productive

B. More effective than a well-worded email

C. Slow sometimes, but mostly entertaining

D. A waste of time

Answer:

D. A waste of time

Explanation:

This answer implies that the number of business meetings should be reduced. Issues discussed at business meetings can be ironed out through other means of communication. For example, emails can be used. Instructions and other information can be passed to the team without necessarily holding meetings. Teams can interact effectively and efficiently without holding face-to-face meetings. Some meetings are not productive at all, as the head of the meeting still dominates the speeches instead of giving the team members a conducive environment to air their concerns and opinions and make effective suggestions that will improve business performance and outcomes.

3 0

4 years ago

18) 20 points Steve's Hardware Store uses the perpetual inventory system. The business incurred the following transactions: A. O

andrey2020 [161]

The first one is the right answer

7 0

3 years ago