Answer:
Option A net worth -215,906.03
Option B net worth -210, 159.75
It is a better deal to use the machine through lease than purchase it as the net worth is lower.
Explanation:
Purchase the machine:
-164,000 purchase cost
PV of the maintenance cost
C -9,000.00
time 10
rate 0.08
PV -$60,390.7326
PV of the salvage value
Maturity 14,000.00
time 10.00
rate 0.08000
PV 6,484.7088
<em>net worth: </em>
-162,000 - 60,390.73 + 6,484.70 = -215,906.03
PV of the lease: (annuity-due)
C 29,000.00
time 10
rate 0.08
PV $210,159.7494
Answer:
The correct answer is C
Explanation:
Bank asset is the assets which represent the ownership of the value capable of being converted into cash. So, the reserve which the banks hold or refrain from using will be classified as the asset for the bank. And the deposit made by the customer will be classified as the current liability as the bank allows the customers to use their deposits whenever they want to use.
Therefore, the reserve is a part of bank asset whereas the deposits will not be a part of bank asset.
Answer:
$0
Explanation:
There are two Step for the computation of casualty loss deduction if the casualty loss is personal
Step 1 Reduce $100 per casualty event from the casualty loss
Step 2 Reduce 10% of the AGI from the amount you get from step 1
Data
Loss = $2,500
AGI = $35,000
Deduction =?
Solution
Step 1 = $2,500 - $100 = $2,400
Step 2: $2,400 - ($35,000 x 10%) = $0
If the amount in step 2 is $0 then the person is not eligible for casualty loss deduction
Answer:
False
Explanation:
The general purpose of idea generation is to come up with the largest amount of possible ideas, it doesn't matter how crazy they might seem.
The purpose of succeeding stages will be to funnel the ideas and only work and develop the most promising ones.
The correct answer that would best complete the given statement above would be option A. SEQUENCE refers <span>to the order of things, such as performing the goal-setting processes. Goal setting is a process in which you will be thinking of possible ideas that will help and understand how to achieve your goals. Hope this answer helps.</span>