Gordon chemicals company acquires a delivery truck at a cost of $35,400 on january 1, 2017. the truck is expected to have a salvage value of $3,900 at the end of its 4-year useful life. compute annual depreciation for the first and second years using the straight-line method. (round answers to 0 decimal places, e. g. 125.) first year second year annual depreciation under straight-line method

Which of the following statements accurately describes how costs and benefits are calculated?

If a bond is issued at a premium the effective interest rate is most likely

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.