El Tapitio purchased restaurant furniture on September 1, 2018, for $32,000. Residual value at the end of an estimated 10-year service life is expected to be $4,700.Calculate depreciation expense for 2018 and 2019, using the straight-line method, and assuming a December 31 year-end.

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You own 2,200 shares of deltona hardware. the company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year. your required rate of return on this security is 16 percent. ignoring taxes, what is the value of one share of this stock to you today?

Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?