subject
Business, 24.10.2021 01:10 poolwaterisgross

Bob's BLT's purchases a sandwich making machine for $7,142 at the beginning of Year 1. He expects the machine to last 8 years, and expects the machine to have a salvage value of $996. Given this information, how much depreciation expense will Bob record for the machine each year

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:00
Data pertaining to the current position of forte company are as follows: cash $437,500 marketable securities 170,000 accounts and notes receivable (net) 320,000 inventories 700,000 prepaid expenses 42,000 accounts payable 240,000 notes payable (short-term) 250,000 accrued expenses 310,000 required: 1. compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. round ratios to one decimal place. 2. compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns of the table provided. consider each transaction separately and assume that only that transaction affects the data given. round to one decimal place. a. sold marketable securities at no gain or loss, 75,000. b. paid accounts payable, 135,000. c. purchased goods on account, 100,000. d. paid notes payable, 105,000. e. declared a cash dividend, 125,000. f. declared a common stock dividend on common stock, 45,000. g. borrowed cash from bank on a long-term note, 205,000. h. received cash on account, 130,000. i. issued additional shares of stock for cash, 635,000. j. paid cash for prepaid expenses, 15,000.
Answers: 3
question
Business, 22.06.2019 05:10
The total value of your portfolio is $10,000: $3,000 of it is invested in stock a and the remainder invested in stock b. stock a has a beta of 0.8; stock b has a beta of 1.2. the risk premium on the market portfolio is 8%; the risk-free rate is 2%. additional information on stocks a and b is provided below. return in each state state probability of state stock a stock b excellent 15% 15% 5% normal 50% 9% 7% poor 35% -15% 10% what are each stock’s expected return and the standard deviation? what are the expected return and the standard deviation of your portfolio? what is the beta of your portfolio? using capm, what is the expected return on the portfolio? given your answer above, would you buy, sell, or hold the portfolio?
Answers: 1
question
Business, 22.06.2019 06:30
Double corporation acquired all of the common stock of simple company for
Answers: 2
question
Business, 22.06.2019 10:30
Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?
Answers: 2
You know the right answer?
Bob's BLT's purchases a sandwich making machine for $7,142 at the beginning of Year 1. He expects th...
Questions
question
Social Studies, 05.05.2020 16:34
question
Mathematics, 05.05.2020 16:34
question
Mathematics, 05.05.2020 16:34
question
Chemistry, 05.05.2020 16:35
Questions on the website: 13722367