​Viva, Inc. bought machine X for two years ago. The machine had no residual value and had an estimated useful life of 10 years. If the company uses the straightline depreciation​ method, calculate the current book value of the machine.

Answers

Answer 1

Answer:

the current book value of the machine is $14,400

Explanation:

The computation of the current book value of the machine is shown below:

The Annual Depreciation is

= (Cost - Salvage Value) ÷ (Useful Life)

= ($18,000 - 0) ÷ 10 years  

= $1,800

Now the depreciation for two years is

= $1,800 × 2

= $3,600

So, the current book value is

= Cost - accumulated depreciation

= $18,000 - $3,600

= $14,400

Hence, the current book value of the machine is $14,400


Related Questions

Write an assessment of the logistical, financial, and any other considerations of implementing eMobile/eHealth information technology in your organization. If mobile technology is in use in your organization, give a brief description of the technology in use, and assess the impact this has had on operations.

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Explanation:

The use of mobile information technologies in organizations is increasingly essential, due to the speed with which business is currently carried out and the great competition. Intelligent systems are implemented in organizations so that there is speed in communication processes, as is the case with eMobile / eHealth that manages the quality of messages sent to an organizational mobile device, facilitating organizational communication to occur effectively, safely and quickly. , through the technology of requesting information contained in a corporate database. To maintain the security of the system, there must be an adequate and sophisticated implementation, to eliminate fraud and intrusions.

The advantages of mobile information technologies in organizations are reflected in all organizational sectors, as from an effective and fluid communication, the speed of processes increases, unnecessary costs decrease, and contributes to continuous organizational improvement.

atmosphere in retailing refer to​

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Answer:

Simply put, store atmosphere includes the physical characteristics of a retail store used to create an image to attract customers. It's also known as atmospherics for short. It is a direct contributor to the customer experience and the public's opinion of your brand, which are important elements of retail today.

Clementine and Leeexpect to deposit the following cash flows at the end of years 1 through 5, $1,000; $4,000; $9,000; $5,000; and $2,000 respectively. Alternatively, theycould deposit a single amount todayand have the same amount in your account at the endof year 5. How large does the single deposit need to be today if Clementine and Leecan earn 10% compounded annuallyon their account?

Answers

Answer:

The single deposit value will be "$15,633.62".

Explanation:

According to the question, the future values will be:

= [tex](1000\times ((1+10 \ percent)^4)+(4000\times ((1+10 \ percent)^3)+(9000\times ((1+10 \ percent)^2)+(5000\times ((1+10 \ percent))+2000[/tex]

= [tex]1464.1+5324+10890+5500+2000[/tex]

= [tex]25178.1[/tex]

By using the Present value formula, the single deposit will be:

⇒ [tex]Present \ value=\frac{Future \ value}{(1+Interest \ rate)^n}[/tex]

                          [tex]=\frac{25178.1}{(1+10 \ percent)^5}[/tex]

                          [tex]= \frac{25178.1}{1.61051}[/tex]

                          [tex]=15,633.62[/tex] ($)

Wild Swings Inc.’s stock has a beta of 2.5. If the risk-free rate is 6% and the market risk premium is 7%, what is an estimate of Wild Swings’ cost of equity?

Answers

Answer:

r = 0.235 or 23.5%

Explanation:

Using the CAPM, we can calculate the required/expected rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.  

The formula for required rate of return under CAPM is,

r = rRF + Beta * rpM

Where,

rRF is the risk free rate rpM is the market return

r = 0.06 + 2.5 * 0.07

r = 0.235 or 23.5%

Rebotar Inc, makes basketballs. Their fixed costs are $3450 Variable costs are $12 per basketball, If the basketball is priced at $25 and 300 basketballs are sold, did Rebotar break even? How do you know Show all work.​

Answers

Answer:

Break-even points = 265.38

Explanation:

Given:

Fixed cost = $3,450

Variable costs = $12

Selling price = $25

Number of balls sold = 300

Find:

Break even costs

Computation:

Contribution per unit = Sales - Variable costs

Contribution per unit = $25- $12

Contribution per unit = $13

Break-even points = Fixed cost / Contribution per unit

Break-even points = $3,450 /$13

Break-even points = 265.38

identify each CSTO from its description

Answers

Answer:
PAS
National FFA
NYFEA

I hope it helps

Splish Brothers Inc. issues $257,000, 10-year, 8% bonds at 99. Prepare the journal entry to record the sale of these bonds on March 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Answers

Answer:

Dr Cash 254,430

Dr Discount on bonds payable 2,570

Cr Bonds payable 257,000

Explanation:

Preparation of the journal entry to record the sale of these bonds on March 1, 2022

Based on the information given we were told that Brothers Inc. issues the amount of $257,000 that includes 10-year and 8% bonds at 99 which means that the journal entry to record the sale of these bonds on March 1, 2022 will be :

March 1, 2022

Dr Cash 254,430

(257,000*99%)

Dr Discount on bonds payable 2,570

([$257,000*(100%-99%)]

Cr Bonds payable 257,000

(Being to record the sale of bonds)

On January 1, 2004, Oak Co. issued 400 of its 8%, $1,000 bonds at 97 plus accrued interest. The bonds are dated October 1, 2003 and mature on October 1, 2013. Interest is payable semiannually on April 1 and October 1. Accrued interest for the period October 1, 2003 to January 1, 2004, amounted to $8,000. On January 1, 2004, what amount should Oak report as bonds payable, net of discount?

Answers

Answer:

Oak Co.

The amount that Oak should report as bonds payable, net of discount is:

$400,000.

Explanation:

a) Data and Calculations:

Cash from the issue of 400 bonds = 400 * $1,000 * 97/100 = $388,000

Interest rate = 8% semiannually on April 1 and October 1

Bonds payable = $400,000 ($1,000 * 400)

Date of bonds = October 1, 2003

Accrued interest from October 1, 2003 to January 1, 2004 = $8,000

b) The bonds payable is the face value of the bonds.  It is the amount that will be due for repayment to bondholders on the maturity of the bonds in 10 years' time, precisely on October 1, 2013.

Why do we practice making associations with simple and mundane problems and resources

Answers

Question Completion with options:

Select all that apply.

A. To bring some light-hearted humor to practicing a rather difficult behavior.

B. Things like losing your keys and empty ink cartridges are actually more important of a problem than expected.

C. Due to their simplicity, there is a “right” or “perfect” solution to be identified.

D. Removes the risk associated with trying to find the “right” or “perfect” solution.

E. They are problems and resources that most people have experience with or can relate to.

Answer:

We practice making associations with simple and mundane problems and resources because:

E. They are problems and resources that most people have experience with or can relate to.

Explanation:

Such problems and resources are malleable to daily practice and association because they are simple and commonplace.  Most people can also relate to the given problems and resources, having acquired the experience before or they have been associated with the resources for solving the particular problems.  So making them a subject of practice, it becomes easier to use them as anecdotes for teaching and enlightenment.  Experience, some claim, is a good teacher.

Which statement best describes the relative risk of two types of investment?
A. Bonds are riskier than mutual funds.
B. Individual retirement accounts are riskier than stocks.
C. Stocks are riskier than savings accounts,
O D. Certificates of deposit are riskier than hedge funds,

Answers

Your answer is c stocks are riskier then savings accounts,

The statement which best describes the relative risk of two types of investment is " Stocks are riskier than savings accounts".

Hence, the correct option is C.

The relative risk of different types of investments can vary. It is important to note that risk levels can change based on various factors such as market conditions, investment strategies, and individual circumstances.

However, in general, stocks are considered riskier than savings accounts. Stocks are subject to market volatility and fluctuations, which can result in significant gains or losses. On the other hand, savings accounts typically offer lower returns but provide more stability and security for the invested funds.

Learn more about investment here: brainly.com/question/34489138

#SPJ2

Refer to JetBlue. JetBlue Airlines founder and CEO David Neeleman and its President Dave Barger speak with every new class of employees as they come through JetBlue’s structured orientation process. The orientation course is an example of ____ communication.

Answers

Answer:

Downward communication

Explanation:

In an organisation communication is key to making work process effective and meeting set goals and objectives.

Expectations need to be communicated to employees and management also need to get feedback from employees.

Communications can be from management to employees which is downward communication, between colleagues which is horizontal, and from employees to management which is upward.

In the given instance JetBlue Airlines founder and CEO David Neeleman and its President Dave Barger speak with every new class of employees as they come through JetBlue’s structured orientation process.

This is a form of downward communication where the the CEO and President speak to every new class of employees

Sedita Incorporated is working on its cash budget for July. The budgeted beginning cash balance is $46,000. Budgeted cash receipts total $175,000 and budgeted cash disbursements total $174,000. The desired ending cash balance is $50,000. The excess (deficiency) of cash available over disbursements for July will be:

a. $47,000
b. $221,000
c. $45,000
d. $1,000

Answers

Your answer is c 45,000

Barb Muller wins the lottery. She wins $20,000 per year to be paid for 10 years. The state offers her the choice of a cash settlement now instead of the annual payments for 10 years. If the interest rate is 6%, what is the amount the state will offer for a settlement today?

Answers

Answer:

The government should offer $147,201.74.

Explanation:

First, we need to calculate the future value (FV) of the payments using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual payment

FV= {20,000*[(1.06^10) - 1]} / 0.06

FV= $263,615.90

Now, the present value, meaning the amount of money that the government should offer:

PV= FV/(1+i)^n

PV= 263,615.9 / (1.06^10)

PV= $147,201.74

The government should offer $147,201.74.

A stock with a beta of 0.6 just paid a dividend of $5.60 and is priced at $324.00. If the risk-free rate is 2% and the market risk premium is 6%, what is the expected growth rate for the stock

Answers

Answer:Expected growth rate = 3.81%

Explanation:

Following the CAPM model formulae. we have that

Expected Return = Risk free rate  + Beta x Market premium

Expected Return= 2% + 0.6 X 6%

Expected Return= 0.02 + 0.6 X 0.06

Expected Return=0.02 + 0.036

 = 0.056

where

Ke = Expected Return = 0.056

g = Growth rate =?

D0= dividend = 5.60

We have  Market price of stock = D₀ (1+g)/ Ke -g

$324= 5.60 ( 1+g)/ 0.056 - g

324( 0.056-g) = 5.60 (1+ g)

18.144 -324g= 5.60 +5.60g

18.144 -5.60 = 5.60 g + 324g

12.544=329.6

g= 12.544/329.6 = 0.0381

 Therefore Expected growth rate = 3.81%

What the beneſts or disadvantages of corporations​

Answers

Answer: Advantages of a corporation include personal responsibility protection, and easier access to bigger things. Disadvantages of a corporation include it being time-consuming and subject to double taxation, as well as having rigid formalities and protocols to follow...

Click this link to view O*NET's Work Contexts section for Petroleum Engineers. It describes the physical and social
elements common to this work. Note that common contexts are listed toward the top, and less common contexts are
listed toward the bottom. According to O*NET, what are some common work contexts for Petroleum Engineers?
Check all that apply.

Answers

Answer:

The common working contexts for the oil engineer are:

Eletronic mail and telephone Freedom to make decisions Face-to-face discussions Indoors, environmentally controlled.

Explanation:

Work context is the term that refers to the concepts that specify the work of a given profession, highlighting the common elements that all professionals in this area have, such as equipment, activities, workplaces, necessary environmental conditions, among others.

Regarding petroleum engineers, we can say that the work contexts they present are:

Eletronic mail and telephone Freedom to make decisions Face-to-face discussions Indoors, environmentally controlled.

Answer:

1 3 4 5

Explanation:

Country of origin can strongly influence a firm’s approach to organization structure. As MNEs from China and India internationalize, to what extent are they likely to differ from that observed for Japanese, European and US MNEs?

Answers

Answer:

Chinese and Indian firms are likely to apply their own principles when they internationalize as MNEs.

Explanation:

For example, the Chinese have in many aspects similar values to the Japanese. They believe in hierarchies, in strict organization and methods, and in efficiency above everything else.

However, the Chinese tend to be less protocol-focused than the Japanese, because the Chinese are more extraverted. So when the Chinese companies become MNEs, they are likely to be similar to Japanese MNEs, but with a bit less organization and protocol.

1. Correct the following business messages keeping the 7C's of effective communication in consideration.
i. Revise the following message for conciseness:
In this time of the day, we are sending this announcement to let everyone know that new medicines ordered by the hospital which are mentioned on the list will be available from next month.

Answers

Answer:

Revise the following message for conciseness is explained below in detail.

Explanation:

ConciseClearCorrectConcreteCompleteCourteousCoherent

These above mentioned 7 points are the 7 C's of communication.

At this contemporary time, this statement is to let everyone understand that the new medications and medicine required by the hospital and introduced on the list will be appearing next month.  

Employees view budgeting more positively when goals are established for them by senior management.

a. True
b. False

Answers

Answer:

true

Explanation:

i think true

When the perpetual inventory system is used, the inventory sold is debited to

Answers

The journal? Ambiguous question

Whatever, Inc., has a bond outstanding with a coupon rate of 5.87 percent and semiannual payments. The yield to maturity is 6.9 percent and the bond matures in 13 years. What is the market price if the bond has a par value of $1,000?

Answers

Answer:

Market price of the bond = $912.53

Explanation:

YTM = 6.90%

Coupon rate = 5.87%

Number of compounding per year = 2

YTM Per perid = 0.0345

Years = 13

Number of period = 26 (Nper)

Par value = 1,000

Semi annual coupon rate = 0.02935

The semi annual coupon payment = Par value * Semi annual coupon rate = 1,000 * 0.02935 = $29.35

Market price of the bond = PV(YTM, Nper, Semi annual coupon payment,Par value)

Market price of the bond = $912.53

How would higher U.S. tariffs on Chinese imports affect its private saving, domestic investment, and government deficit?

Answers

Answer:

Private Saving

With higher tariffs on Chinese imports, the prices of commodities would increase as the tariffs would be added to the prices of goods. This means that consumers would have to spend more to buy goods and services and should this happen they would have to save less if their income levels stay constant.

This would therefore reduce private saving.

Domestic Investment

With tariffs making Chinese goods more expensive, domestic companies will see the demand for their goods and services increase. This will spur new investment into domestic companies in order to capitalize on this increased demand.

Government Deficit

In the short run, the Government deficit will decrease because the revenue collected from tariffs will offset some Government spending.

In the long run however, companies would see their profits dwindle as they face higher input costs which would mean that the taxes which are the main source of Government revenue will decrease which would increase the Government deficit.

A negative supply shock such as a natural disaster, which greatly decreases the economy's resources, will tend to

Answers

Explanation:

Question 36 1 A negative supply shock such as a natural disaster, which greatly decreases the economy's resources, will tend to reduce equilibrium GDP and the price level.

economic sustainability for sanitation

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Answer:

Economic sustainability is an integrated part of sustainability and means that we must use, safeguard and sustain resources (human and material) to create long-term sustainable values by optimal use, recovery and recycling.

Several key ideas make up the economic angle of sustainability:

Smart growth.

Long-range planning.

Cost savings.

Research and development spending.

Cost of living.

Is this ok?

An increase in the firms receivable turnover ratio means that:

Answers

Answer:

interest generated in a business

Which method of communication is likely to be most effective for the following situation: You want your client to go over the detailed itinerary that you have prepared for this four-week journey to China.

A. Face-to-Face
B. Written Letter
C. Phone Call
D. Email
E. Fax

Answers

Answer:

B

Explanation:

then you could know their schedule and where they will be and when.

An engineering graduate plans to buy a home. She has been advised that her monthly house and property tax payment should not exceed 35% of her disposable monthly income. After researching the market, she determines she can obtain a 30 year home loan for 6.95% annual interest per year, compounded monthly. Her monthly property tax payment will be approximately $150.What is the max amount she can par for a house if her disposable monthly income is $2000?

Answers

Answer:

$83,107.20

Explanation:

Amount available for monthly house payment = [$ 2000 * 35% ] - $ 150

= $700 - $150

= $550

Effective rate per month = 6.95% / 12 months = 0.00579 = 0.579%

No of periods = 30 years * 12 months = 360 months

Present Value = Amount available for monthly house payments * [P/A,0.579%,360]

[P/A,0.579%,360] =[(1 + i)^n - 1] / [( 1 + i)^n * I]= [(1 + 0.00579)^360 - 1] / [( 1 + 0.00579)^360 * 0.00579]

P/A,0.579%,360 = [7.99158 - 1] / [ 7.99158 * 0.00579]

P/A,0.579%,360 = 6.99158 / 0.04627

P/A,0.579%,360 = 151.104

Present Value = Amount available for monthly house payments * [P/A,0.579%,360]

Present Value = $550 * 151.104

Present Value = $83,107.20

Thus, the max amount she can par for the house is $83,107.20

Suppose ABCD's stock price is currently $50. In the next six months it will either fall to $40 or rise to $60. What is the current value of a six-month call option with an exercise price of $50?

a. $5.39
b. $15.00
c. $8.25
d. $8.09

Answers

Answer:

A. $5.39

Explanation:

The interest rate has been given as 2%

First we get the call option pay off.

The Call option payoff is calculated as $60-$50

This gives us $10 and 0

We will get two equations

60x+1.02y=10 -----1

II) 40x+1.02y=0----2

We proceed to solve for both x and y in this equations using the simultaneous linear equation

Then we get x=0.5 (which is option delta)and the valifor y, y= -19.6

Then the call option price would be

=0.5x50-19.61

= 25-19.61

= $5.39

Therefore option a is the answer

Consider a portfolio that offers an expected rate of return of 11% and a standard deviation of 21%. T-bills offer a risk-free 6% rate of return. What is the maximum level of risk aversion for which the risky portfolio is still preferred to T-bills?

Answers

Answer:

The  level of risk aversion must be less than 2.27 for the risky portfolio to be preferred to bills.

Explanation:

Let U presents utility level. Therefore, we can specify U as follows:

U = E(r) - (0.5 * A * SD^2) ........................... (1)

Where, risky portfolio, we have:

E(r) = expected rate of return = 11%, or 0.11

SD = Standard deviation = 21%, or 0.21

A = Level of risk aversion = ?

Substituting the values into equation (1), we have:

U of risky portfolio = 0.11 - (0.5 * A * 0.21^2)

U of risky portfolio = 0.11 - (A * 0.02205)

Since the T-bills offer a risk-free 6% rate of return, it therefore implies that:

U of T-bill = 6%, 0.06

Therefore, the following must hold for the risky portfolio to be preferred to bills:

U of risky portfolio > U of T-bill ............................. (2)

Substituting the values for the expression above and solve for A, we have:

0.11 - (A * 0.02205) > 0.06

-(A * 0.02205) > 0.06 - 0.11

-(A * 0.02205) > - 0.05

Divide through by -1 and change the inequality sign, we have:

A * 0.02205 < 0.05

A < 0.05 / 0.02205

A < 2.27

Therefore, the  level of risk aversion must be less than 2.27 for the risky portfolio to be preferred to bills.

LCMS Industries has $70 million in debt outstanding. The firm will pay only interest on this debt (the debt is perpetual). LCMS' marginal tax rate is 35% and the firm pays a rate of 8% interest on its debt. The present value of LCMS' interest tax shield is closest to:_________

Answers

Answer:

$24.5 million

Explanation:

Calculation for The present value of LCMS' interest tax shield

Using this formula

Present Value of Tax shield = Debt outstanding× Marginal tax rate

Let plug in the formula

Present Value of Tax shield=$70 million× .35

Present Value of Tax shield=$24.5 million

Therefore The present value of LCMS' interest tax shield is closest to: $24.5 million

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please help its only one question lol worth 20 points Which is not part of a narrative story structure?A. chronological orderB. main body C. closingD. poetry Which aspect of Editha's character does the following excerpt from William Dean Howells's short story "Editha" reveal?"That ignoble peace! It was no peace at all, with that crime and shame at our very gates." She was conscious of parroting the current phrases of the newspapers, but it was no time to pick and choose her words. She must sacrifice anything to the high ideal she had for him, and after a good deal of rapid argument she ended with the climax: "But now it doesn't matter about the how or why. Since the war has come, all that is gone. There are no two sides, any more. There is nothing now but our country."A. empty idealismB. pragmatismC. manipulationD. moral fortitude Brenda wants to buy one of the three cereals listed below. Which box of cereal is the Best Buy? Show and explain how you determined this. Classify the following bonds as ionic, polar cova-lent, or covalent, and give your reasons: (a) theSiSi bond in Cl3SiSiCl3, (b) the SiCl bond inCl3SiSiCl3, (c) the CaF bond in CaF2, (d) the NHbond in NH3. Complete the following statement. 8 + ( ) = 6 Marys father has 5 daughters, Lana, Sofia, Mia and Jenny. Whos the fifth daughter?: apakah kepentingan sikap berwaspada terhadap anasir luar are you prepared careers influenced by aperson who is very significant to you ? If yes, why do you say so? Study the arrow that is circled in the image.What happens at this point?Warm air is rising.Cool air is sinking.There is a difference in air pressure.Cool air is less dense than warm air. What slope would make the linesperpendicular?y = -x + 2y = [?]x 1 Read the following sentences. Underline the pronouns, and bold their antecedents.1. Mrs. Edwards always writes her comments at the end of the essays.2. Jorge and Derek said they need a ride to school in the morning.3. The gym was decorated more than it had been in previous years.4. The mother woke up her children before they could wake up on their own.5. Miranda failed her math test, so she will retake it next week. can someone help me with this write the correct form of the words givenin brackets.a IbHe Just now-Cbuy) a mobile last week.Let us hope that it --- (be) sunny tomorrow-carrive) at home. Select the correct answer.What is the author's purpose in writing the passage?OA.to describe a significant event and its likely consequencesOB.to generate excitement and stimulate the imaginationOc.to set the scene and provide some background informationODto explain a complex problem and propose an easy solutionResetNext I need help with this question ASAP Production is not complete Until goodsreaches the final Consumer Explain Select the correct answerWhich tool was were invented in the Stone Age?A SwordB. wheel.axD. quern What is the mass of a bird if it has a potential energy of 147J when flying at a height of 30 m above the ground? Guys can you please help me this is my last assignment before thanksgiving break and my cousin who I havent seen in 3 years is coming and I dont want to spend the time I have doing homework