Depreciation is a way not only to recognize the lost value over time of an asset, but also a way to recognize the expense of the asset over time. To this end, we want to see the value of the asset get smaller, and a piece of the asset on the the income statement ever period.
The depreciation base is 95,000 -5,000 = 90,000, and the depreciation period is 90,000/15,000 = 6 years.
The journal entry every year will be
Dec. 31
Debit: Depreciation expense 15,0000
Credit: Accumulated Depreciation (15,000)
Accumulated depreciation is a *contra-asset* account on the balance sheet that reduces the value of the the depreciable asset.
Answer:
$(94,179)
Explanation:
Particulars Year 0 Year 1 Year 2
Cash flows ($1,500,000) A$1,000,000 A$2,000,000
DCF 14% 1 0.8772 0.7695
Present Values 1500,000 A$877,200 A$ 1,538,935
Conversion 1 0.55 0.60
P V in US$ (1,500,000) 482,460 923,361
Therefore Net Present Value = 482,460 +923,361 - 1,500,000 = $(94,179)
Answer:
The offer of Grays head living arrangement in November 2016 Qualifies for the 121 exclusion. Under the arrangement of the demonstration, none of dark's Realized Gain of $ 148000 Recognized.
Grey can select to Forgo the 121 Exclusion, right now/her perceived increase is $1,48,000 making this political decision to swear off this political decision is useful in light of the fact that dim is anticipating selling his new head habitation inside year and a half and the acknowledged addition is wanted to be bigger than $148,000.
Answer:
Option (b) is correct.
Explanation:
Given that,
Sales = 145,000 units
Desired ending inventory = 28,500 units
Beginning inventory = 21,750
Budgeted production in units for November:
= Sales + desired ending inventory - Beginning inventory
= 145,000 units + (190,000 × 15%) - 21,750
= 145,000 units + 28,500 - 21,750
= 151,750 units
Answer:
$800 million
Explanation:
GDP = consumption (C) + investment (I) + government spending (G) + Net Export (NX)
Y = C + I + G + NX
The number of computers left is
= 1,000,000 - 200,000 (household) - 300,000 (businesses) - 300,000 (government) - 100,000 (Foreign)
= 100,000
This worth 100,000 × $2,000 = 200 million
300,000 computers × $2,000 = 600 million
Total of these two = 200 + 600 million
= 800 million
Therefore, the value of the investment component of GDP is $800 million.
