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dolphi86
4 days ago
12

Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $42,000. The estimated useful life was

five years and the residual value was $5,000. Assume that the estimated productive life of the machine is 20,000 units. Expected annual production was year 1, 4,500 units; year 2, 5,500 units; year 3, 4,500 units; year 4, 4,500 units; and year 5, 1,000 units.
Required: Complete a depreciation schedule for each of the alternative methods.
a. Straight-line.
b. Units-of-production.
c. Double-declining-balance.
Which method will result in the highest net income in year 2
Business
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A one-year zero coupon bond costs \$99.43$99.43 today. Exactly one year from today, it will pay \$100$100. What is the annual yi
Mariulka [3825]

Answer:

0.00573

Explanation:

Today's bond cost is $99.43

The bond's value at the year's end is $100

The difference calculates to: $100 - $99.43 = $0.57

This amount of $0.57 indicates the bond's yield. Therefore, the yearly yield is computed as $0.57/$99.43 = 0.00573

This yield represents the one-year discount rate applicable for a future value of $100, where its present value is $99.43.

Final Answer

0.00573

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2 months ago
Calculate the optional bodily injury cost for the following:
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For Class 10 (100/300 Bodily), the cost is $94, and for Class 10 (property 50M), it's $135. It's solely asking for the optional bodily injury cost, which amounts to $94.
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1 month ago
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Wally Company makes dog beds. Last year Wally incurred the following costs related to quality control. What is Wally Company's c
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Answer: $1,651

Explanation:

The sole cost associated with Internal failure is the expense for fixing the dog beds prior to sale, totaling $1,651.

The remaining costs fall into the following categories:

  1. Repairs for dog beds under warranty - External failure cost Seamstress training. -
  2. Prevention cost Wages of part-time inspector of products - Appraisal cost
  3. The cost of replacements provided to customers for defective dog beds - External failure cost
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A perpetuity will pay $1000 per year, starting five years after the perpetuity is purchased. What is the present value (PV) of t
arsen [3447]

Answer:

$21,370.1071

Explanation:

The calculation for the present value of this perpetuity is as follows:

= Present value five years later + present value at the time of purchase

where,

The present value after five years is

= ($1,000) ÷ (1.04)^5

=$821.9271

Additionally, the present value at the purchase time is

= $821.9271 ÷ 4%

=$20,548.18

Thus, the total present value of the perpetuity is

=$821.9271 + $20,548.18

= $21,370.1071

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2 months ago
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