Business, 21.01.2020 04:31 joshblubaugh
Amachine was purchased at a cost of $70,000. the equipment had an estimated useful life of eight years and a residual value of $6,000. assuming the equipment was sold at the end of year 6 for $14,000, determine the gain or loss on the sale of the equipment. (assume the straight-line depreciation method.)
Answers: 2
Business, 22.06.2019 11:50, dinero0424
After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?
Answers: 1
Business, 22.06.2019 21:30, mydoggy152
Which of the following best explains the purpose of protectionist trade policies such as tariffs and subsidies? a. they make sure that governments have enough money to pay for fiscal policies. b. they give foreign competitors access to new markets around the world. c. they allow producers to sell their products more cheaply than foreign competitors. d. they enable producers to purchase productive resources from everywhere in the world.
Answers: 1
Amachine was purchased at a cost of $70,000. the equipment had an estimated useful life of eight yea...
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