Answer and Explanation:
The computation of the depreciation expense and book value at the end of 2016 is shown below:
But before that first determine the cost of the asset which is
Cost of the asset is
= Purchase price + rear hydraulic lift + sales tax
= $62,000 + $8,000 + $3,000
= $73,000
Now the depreciation expense is
= ($73,000 - $8,000) ÷ (10 years)
= $6,500
ANd, the book value is
= $73,000 - $6,500 × 2
= $60,000
Answer:
See below
Explanation:
The computation of net cash provided is seen below
Proceeds from issuance of common stock
147,900
Less:
Purchase of treasury stock
($40,100)
Less:
Dividend payment
($89,600)
Less:
Retirement of bonds
($110,000)
Cash flow used by financing activities
($91,800)
Answer
The answer and procedures of the exercise are attached in the following archives.
C. Allow more FDI, because the resulting technology transfer would bring increased efficiency and
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Option c. is correct
Explanation:
A stock is an investment that denotes an ownership share in a company. Purchasing a company’s stock means purchasing a small piece of that company that denotes a share.
In the given question, if the company goes ahead with the stock issue that would not affect total assets: the interest rate Taggart pays, EBIT, or the tax rate then the tax bill will increase.
