Kansas Enterprises purchased equipment for $72,500 on January 1, 2021. The equipment is expected to have a ten-year service life, with a residual value of $6,150 at the end of ten years. Using the double-declining balance method, depreciation expense for 2021 would be:
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The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?
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Consider the following information on stocks a, b, c and their returns (in decimals) in each state: state prob. of state a b c boom 20% 0.27 0.22 0.16 good 45% 0.16 0.09 0.07 poor 25% 0.03 0 0.03 bust 10% -0.08 -0.04 -0.02 if your portfolio is invested 25% in a, 40% in b, and 35% in c, what is the standard deviation of the portfolio in percent? answer to two decimals, carry intermediate calcs. to at least four decimals.
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Kansas Enterprises purchased equipment for $72,500 on January 1, 2021. The equipment is expected to...
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