Answer:
$8,013
Explanation:
The computation of the amount of the depreciation expense is shown below:
The net income is
= An addition to retained earnings + cash dividend paid
= $4,221 + $469
= $4,690
Now the earning before tax
= (Net income) ÷ (1 - tax rate)
= ($4,690) ÷(1 - 0.21)
= $5,937
Now the earning before tax and interest is
= $5,937 + $1,300
= $7,237
So, the depreciation expense is
= $30,600 - $15,350 - $7,237
= $8,013
The answer is C report the symptom to her manager
Answer:
FV= $1,930,661.48
Explanation:
Giving the following information:
Joe's starting salary is $80,000 per year. He plans to put 10% of his salary each year into a mutual fund. He expects his salary to increase by 5% per year for the next 30 years, and then retire. If the mutual fund will average 7% annually
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {8000*[(1.12^30)-1]}/0.12= $1,930,661.48
Answer:
$30, 154.50
Explanation:
For compute the maximum amount, we need to calculate the present value which is shown below:
Present value would be
= Paying amount for five years × PVIFA factor at 11.2% for 5 years
= $8,200 × 3.6774
= $30,154.68 approx
Simply we multiplied the paying amount with the PVIFA factor to get the maximum paying amount
And, refer to the PVIFA table
Answer:
se the PACED decision-making process to make the decision for Brent. Show your work
Explanation:
