Business, 25.11.2020 14:00 jeanine239
A machine costing $68,750 with a 5-year life and $4,100 residual value was purchased January 2. Compute depreciation for each of the five years, using the double-declining-balance method.
Year Depreciation
Year 1 $
Year 2 $
Year 3 $
Year 4 $
Year 5 $
Answers: 2
Business, 22.06.2019 00:40, lindseybug
Guardian inc. is trying to develop an asset-financing plan. the firm has $450,000 in temporary current assets and $350,000 in permanent current assets. guardian also has $550,000 in fixed assets. assume a tax rate of 40 percent. a. construct two alternative financing plans for guardian. one of the plans should be conservative, with 70 percent of assets financed by long-term sources, and the other should be aggressive, with only 56.25 percent of assets financed by long-term sources. the current interest rate is 12 percent on long-term funds and 7 percent on short-term financing. compute the annual interest payments under each plan.
Answers: 3
Business, 22.06.2019 22:30, jyworthy
Ski powder resort ends its fiscal year on april 30. the business adjusts its accounts monthly, but closes them only at year-end (april 30). the resort's busy season is from december 1 through march 31. adrian pride, the resort's chief financial officer, the museums a close watch on lift ticket revenue and cash. the balances of these accounts at the end of each of the last five months are as follows:
Answers: 3
Business, 22.06.2019 22:30, aaroneduke558
Perry is a freshman, he estimates that the cost of tuition, books, room and board, transportation, and other incidentals will be $30000 this year. he expects these costs to rise about $1500 each year while he is in college. if it will take him 5 years to earn his bs, what is the present cost of his degree at an interest rate of 6%? if he earns and extra $10000 annually for 40 years, what is the present worth of his degree.?
Answers: 3
Business, 23.06.2019 01:30, sabrinarasull1pe6s61
Akika corporation started as a small firm and has grown substantially in the past decade. its interests span from electronics to real estate and aviation. akika's board of directors have now decided to create independent business units for and categorize the actions performed under each domain. each business unit will have distinct roles and responsibilities. which of the 14 principles of fayol does this exemplify?
Answers: 3
A machine costing $68,750 with a 5-year life and $4,100 residual value was purchased January 2. Comp...
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