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nata0808 [166]
2 years ago
10

The one-to-one property of natural logarithms states that if ln x = ln y, then

Business
1 answer:
Irina18 [472]2 years ago
5 0
<span>If ln x = ln y, then x=y. Because ln is the constant on both sides of the equation, therefore, ln cancels itself out, leaving x equaling y.</span>
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Apakah maksud perniagaan berskala domestik​
dimulka [17.4K]

Answer:

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Explanation:

8 0
2 years ago
Cainas Cookies purchased a commercial oven on 1/1/14 for a total cost of 35,000. Estimated useful life is 6 years, with a salvag
Anit [1.1K]

Answer:

Units of production = $4250

Straight line depreciation expense = $5,000

Double declining method = $7.777

Explanation:

The depreciation method to he used wasn't stated, so I calculated the depreciation expense using 3 depreciation methods

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

(35,000 - 5,000) / 6 = $5,000

The depreciation expense each year would be $5000

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)

2 / 6 = 0.3333

Deprecation expense in year 1 = 0.3333 x $35,000 = $11,666.67

Book value = $35,000 - $11,666.67 = $23,333.33

Depreciation expense in year 2 = $23,333.33 × 0.3333 = $7.777

Depreciation expense using units of production = ( hours used in year / total estimated hours of the machine) x (Cost of asset - Salvage value)

(1,700 / 12,000) x (35,000 - 5,000) = $4250

I hope my answer helps you

3 0
2 years ago
A firm has sales of $215,600, costs of $124,800, interest paid of $3,600, and depreciation of $11,400. the tax rate is 34 percen
Tju [1.3M]

Cash Coverage ratio indicates if a firm has enough cash to pay of its interest expenses. The ideal ratio to be maintained by a firm is 1:1. This can be given by the following formula:

Cash Coverage Ratio=\frac{Earnings before Interest and Tax+Depreciation }{Interest Expense}

Cash Coverage Ratio=\frac{215600-124800+11400}{3600}

Cash Coverage Ratio=28.38

Assumption: Cost includes Depreciation, thus depreciation is added back, To find Cash Profits before Interest and Taxes.


6 0
2 years ago
f covered interest arbitrage opportunities do not exist, Group of answer choices interest rate parity holds. interest rate parit
kodGreya [7K]

Answer: interest rate parity holds

Explanation:

Covered interest arbitrage is a trading strategy that is used by an investor when the person whereby takes advantage of the differences in interest rate between two nations and invest in the currency that brings higher value.

If covered interest arbitrage opportunities do not exist, it simply means that interest rate parity holds.

7 0
2 years ago
Merck &amp; Company reported the following from its 2016 financial statements. $ millions 2013 2014 2015 2016 Accounts receivabl
kherson [118]

Answer:

a. Compute accounts receivable gross for each year.

  • 2013 $7,330
  • 2014 $6,779
  • 2015 $6,649
  • 2016 $7,213

b. Determine the percentage of allowance to gross account receivables for each year.

  • 2013 1.99%
  • 2014 2.26%
  • 2015 2.48%
  • 2016 2.70%

c.                                                             2013         2014       2015      2016

adjusted allowance for                         $173         $160        $157      $170      

doubtful accounts

Balance sheet adjustments:

allowance for doubtful accounts          $27            $7          -$8       -$25

accounts receivable net                      $7,157     $6,633   $6,476   $6,993

deferred tax liability                            -$9.45      -$2.45      $2.8      $8.75

retained earnings                                 $9.45       $2.45     -$2.8     -$8.75

Income statement adjustments:

bad debt expense                                  $27            $7          -$8       -$25

income tax expense                            -$9.45      -$2.45      $2.8      $8.75  

net income                                            $9.45       $2.45     -$2.8     -$8.75

Explanation:

                                                                 2013         2014       2015      2016

Accounts receivable, net                       $7,184     $6,626   $6,484   $7,018

Allowance for doubtful accounts            $146        $153        $165      $195

four year average of allowance for doubtful accounts = (1.99 + 2.26 + 2.48 + 2.7) / 4 = 2.36%

8 0
2 years ago
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