Business, 06.05.2020 06:02, amorenextdoor
Fancy Frappucinno purchased a coffee drink machine on January 1, 2018, for $ 39,000. Expected useful life is 10 years or 150,000 drinks. In 2018, 4,000 drinks were sold, and in 2019, 15,000 drinks were sold. Residual value is $ 9,000.
Required:
1. Determine the depreciation expense for 2018 and 2019 using the following methods:
(a) Straight-line (SL), (b) Units of production (UOP), and (c) Double-declining-balance (DDB).
2. For each method (starting with (a) the straight-line method), select the appropriate formula needed to compute annual depreciation and then determine depreciation expense under that method for 2018 and 2019.
Answers: 2
Business, 22.06.2019 20:10, wtwbegay
Mikkelson corporation's stock had a required return of 12.50% last year, when the risk-free rate was 3% and the market risk premium was 4.75%. then an increase in investor risk aversion caused the market risk premium to rise by 2%. the risk-free rate and the firm's beta remain unchanged. what is the company's new required rate of return? (hint: first calculate the beta, then find the required return.) do not round your intermediate calculations.
Answers: 2
Business, 22.06.2019 20:40, IkweWolf1824
Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline. b. the debt ratio increases. c. the profit margin declines. d. the times-interest-earned ratio declines. e. the current and quick ratios both increase.
Answers: 3
Business, 23.06.2019 01:30, Elijah7934
What are six resources for you decide which type of business to start and how to start it?
Answers: 3
Fancy Frappucinno purchased a coffee drink machine on January 1, 2018, for $ 39,000. Expected useful...
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