5. A machine cost £ 2550 on 1st January 2015, and £ 3930 on 1st January 2019. The average inflation rate over these four years was 7 % per year. What is true percentage increase in the cost of the machine from 2015 to 2019? (0.5 point) a. 14.95% b. 54.12% c. 7.00% d. 17.58% e. 35.11% 6. A corporation purchased a machine for € 60000 five years ago. It had an estimated life of 10 years and an estimated salvage value of € 9000. The current BV of this machine is €34500. If current MV of the machine is €40500, and the effective income tax rate 29%, what is the after-tax investment value of machine? (0.5 point) a 28755 b. 40500 C. 38760 d. 37455 e. 36759
Answers
True percentage increase is 14.95% and The correct option is A. The After-tax investment value is 38760 and the correct option is C.
5.Given that the machine cost £ 2550 on 1st January 2015, and £ 3930 on 1st January 2019 and the average inflation rate over these four years was 7 % per year.
To find the true percentage increase in the cost of the machine from 2015 to 2019, we will use the compound interest formula:
PV = Present Value
FV = Future Value
R = Rate of interest per annum
N = Number of years
A = (1+R/100)N
True percentage increase = [(FV / PV) - 1] x 100
True percentage increase = [(3930 / 2550)^(1/4) - 1] x 100
True percentage increase = 14.95%
Therefore, the answer is option A.14.95%.
6. To calculate the after-tax investment value of a machine, we can use the formula as follows:
After-tax investment value = [(Current MV - BV) x (1 - Tax rate)] + BV
Given that the corporation purchased a machine for € 60000 five years ago. It had an estimated life of 10 years and an estimated salvage value of € 9000. The current BV of this machine is €34500.
Also, given that the current MV of the machine is €40500, and the effective income tax rate is 29%.
After-tax investment value = [(40500 - 34500) x (1 - 0.29)] + 34500
After-tax investment value = [(6000) x (0.71)] + 34500
After-tax investment value = 4260 + 34500
After-tax investment value = 38760
Therefore, the answer is option C.38760.
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Related Questions
In recording the cost of merchandise sold for cash using a perpetual inventory system, the effect on the accounts is ______.
Answers
one asset to increase and another asset to decrease
What is asset?An asset is any resource held or controlled by a business or economic entity in financial accounting. It is anything that has the potential to provide positive economic value. Assets are ownership values that can be transformed into currency.
A business asset is something that has current or future economic worth to the company. In essence, assets for businesses encompass anything controlled and held by the company that is today valuable or has the potential to give monetary advantage in the future. Patents, machines, and investments are some examples.
Depreciation is the systematic distribution of an asset's depreciable amount throughout its useful life. The depreciable amount of an asset is equal to the asset's cost or another number substituted for cost, less its residual value.
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a tariff rate quota provides a lower tariff rate to
Answers
To sustain the levels of import access that now exist and to guarantee a minimum level of access, a system of tariff-rate quotas was established.
How do you calculate tariff rate?Divide the total income from tariffs by the total value of imports to arrive at a trade-weighted averaged tariff rate. This is a typical method of reporting average tariffs because these statistics are often supplied by numerous nations.
What do tariff-rate quotas serve?In certain instances, the computed equivalent tariffs were too high to provide any meaningful chance for imports, much as the original provisions that were tariffied. To sustain the levels of import access that now exist and to guarantee a minimum level of access, a system of tariff-rate quotas was established.
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Define the word inquisitive in entrepreneurship form .
Answers
Answer:
Inquisitive, according to the Merriam-Webster Dictionary, means “tending to ask questions: having a desire to know or learn more.” The word is derived from the Latin root inquirere, later becoming inquire, which means to “seek information by questioning.” To be inquisitive is to be curious and hungry for knowledge
Explanation:
1. inclined to ask many questions or seek information; eager to learn. 2. asking more questions than is necessary or proper; prying. SIMILAR WORDS: ˈcurious.
A savings account that is insured by the FDIC/NCUA means
it can be used only in an emergency
O the money is protected by the government
the account is invested in government bonds
it has one of the highest interest rates around
Submit
Answers
A savings account that is insured by the FDIC/NCUA means the money is protected by the government. Thus the correct option is B.
What is a saving account?A savings account is a bank account created to store funds you don't intend to spend right away. Customers who want to save their money safely but still have access to it in a crisis can do so with the help of savings accounts.
The Federal Deposit Insurance Corporation, shortened as "FDIC," is a separate legal entity under the control of the US government. If a commercial bank crashes, the FDIC will safeguard customers of American-based insured banks from losing their money.
Therefore, option B is appropriate.
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As a producer, you are willing to supply the most goods at the highest price. This is because the highest
price earns you the
most demand
highest costs
most profits
Answers
Answer: most profits
Explanation:
An example of a statement from the Personal Orientation Inventory that would be endorsed by a self-actualizing person is:
Answers
The Personal Orientation Inventory (POI) is a psychometric tool developed by Shostrom (1964) to measure individual differences in personality and values.
One of the scales of the POI is the Self-Actualizing Scale, which assesses the degree to which a person is motivated by growth, autonomy, authenticity, and creativity.
According to Maslow's theory of self-actualization, people who reach the highest level of human development are those who are able to transcend their ego, embrace their unique potentials, and contribute to the well-being of others.
An example of a statement from the POI that would be endorsed by a self-actualizing person is:
"I prefer to work on projects that challenge my abilities and expand my knowledge, rather than those that are routine or predictable. I enjoy exploring new ideas and perspectives, even if they are unconventional or unpopular.
I value authenticity and genuineness in myself and others, and I try to express my feelings and beliefs honestly and respectfully. I believe that life is a journey of self-discovery and growth, and that each person has a unique purpose and potential that can be fulfilled through self-realization and service to others."
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title held by a husband and wife may include all of the following forms of ownership except qid: 2259705mark for review a severalty. b tenancy by the entireties. c joint tenancy. d tenancy in common.
Answers
The various real estate title types include tenants by the entirety, tenants in common, joint tenancies, single ownership, and community property. Other
Which of the following types of ownership can a woman and a husband hold?When two or more people jointly own property, each owner's stake automatically passes to the other co-owners upon death. This legal arrangement is known as joint tenancy with right of survivorship. A sort of joint tenancy known as tenancy by the totality only applies to husband and wife while they are married.
Which type of concurrent ownership is exclusively available to spouses?tenancy by the whole
Only a husband and wife can have tenancy by the totality, a type of concurrent ownership.
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NEED HELP ASAP, WILL GIVE BRAINLIEST
The chart below shows a production possibility schedule for a pastry shop that makes $0.50 profit per donut and $0.75 profit per bagel. Choice __ yields the largest profit.
Answers
Answer:
its B
Explanation:
if you take how much he makes per donut and per bagel and multiply it by the quantity of each it will give you a total and you just add both the donut total and the bagel total it will give you the final profit and you do that to all of them and see which one has the most money
consider two projects, project j and project k, with the following end of year cash flows: end of year cash flows year project j project k 0 -$20,000 -$20,000 1 $11,000 $10,000 2 $9,000 $6,000 3 $6,000 $10,000 if these projects are mutually exclusive and have a cost of capital of 10 percent, the appropriate desicion is to: (Hint: Should we use NPV or IRR in this situation?)
a. accept Project J and reject Project K
b. reject Project J and accept Project K
c. accept both projects
d. reject both projects
Answers
The appropriate decision is to accept Project J and reject Project K. Option A.
A direct decision-making style uses quick and decisive thinking to arrive at a solution. Direct decision-makers are less tolerant of unclear or ambiguous ideas. They focus on tasks, use their knowledge and judgment, and draw conclusions based on selective input from others.
Better decisions lead to better results. Better decisions give you more options and flexibility. Conversely making the right decisions excludes other options but opens up new opportunities. Making better decisions also means learning from your mistakes. The importance of decision-making lies in the way it helps you choose between different options.
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Toren Inc. employs one person to run its solar management company. The employee’s gross income for the month of May is $6,000. Payroll for the month of May is as follows: FICA Social Security tax rate at 6.2%, FICA Medicare tax rate at 1.45%, federal income tax of$400, state income tax of $75, health-care insurance premium of$200, and union dues of $50. The employee is responsible for covering 30% of his or her health insurance premium.
You have now been given the following additional information:
• May is the first pay period for this employee. FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first$7,000 paid to the employee. FICA Social Security and FICA Medicare match employee deductions. The employer is responsible for 70% of the health insurance premium.
B. Record the payment in cash of all employer liabilities only on June 1.
Answers
Employer liabilities are the obligations that an employer owes to their employees. Employer liabilities include payroll taxes, worker’s compensation insurance, and employee benefits such as health insurance, retirement plan contributions, and paid time off.
Record the payment in cash of all employer liabilities only on June 1: The employer liability for Toren Inc. for the first pay period in May is FICA Social Security and Medicare taxes, federal income tax, state income tax, FUTA and SUTA taxes, and 70% of the health-care insurance premium.
Gross income of the employee = $6,000
Social Security tax = 6.2% of $6,000 = $372
Medicare tax = 1.45% of $6,000 = $87
Federal income tax = $400
State income tax = $75
Union dues = $50
Employee health insurance premium = $200 x 30% = $60
FUTA tax = 0.6% of $7,000 = $42SUTA
tax = 5.4% of $7,000 = $378
Employer health insurance premium = $200 x 70% = $140
Total employer liabilities = $372 + $87 + $400 + $75 + $42 + $378 + $140 = $1,494
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a. Explain the definition of interim payment.b. All contents in a contract describes rights and obligations of parties under the contract. Those contents can be in
Answers
a. Interim payment: Partial payment made during a project before its completion to cover ongoing expenses and maintain cash flow.
b. Contents in a contract: Provisions in a contract that outline the rights and obligations of the parties involved.
Interim payment refers to a partial payment made to a contractor or subcontractor during the course of a project. It ensures that the contractor has sufficient funds to cover expenses and maintain cash flow while the project is still ongoing. Interim payments are typically based on the progress or work completed at a specific stage of the project.
The contents of a contract include all the provisions and terms that define the rights and obligations of the parties entering into the contract. These provisions can cover various aspects such as scope of work, payment terms, delivery schedules, warranties, dispute resolution mechanisms, and other relevant contractual terms. The purpose of including these contents in a contract is to establish a clear understanding between the parties, ensure compliance with agreed-upon terms, and provide a legally binding framework for the execution of the contract.
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What statements best describe a store charge card?
A. Store cards do not have the name of the store on them.
B. Store cards have a "Visa" or "MasterCard" logo on them and can used as a debit card.
C. Usually, the store card can only be used at the store or at other businesses that store may own.
D. Store cards can only be used for sale items.
Answers
The statement that best describe a store charge card is that usually, the store card can only be used at the store or at other businesses that store may own. Option C is correct.
Store charge cards are typically issued by a specific store or chain of stores and can usually only be used for purchases made at that store or its affiliated businesses. They typically do not have a Visa or Mastercard logo and cannot be used as a debit card. While some store cards may offer special discounts or rewards for sale items, they are not typically restricted to sale items only.
Store charge cards are credit cards that are issued by a specific store or retail chain. Unlike traditional credit cards, store charge cards can only be used for purchases at the store or its affiliated businesses. They are not typically affiliated with Visa or Mastercard, so they cannot be used as a debit card or to make purchases at other retailers.
Store charge cards often offer rewards programs or special discounts to cardholders, such as cash back on purchases or exclusive access to sales and promotions. However, these rewards are typically limited to the store or chain of stores that issues the card. In addition, store charge cards often have higher interest rates and fees than traditional credit cards, so it is important to carefully review the terms and conditions before applying for a store charge card. Option C is correct.
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Which of the following is a key element included in one of the three basic ethical principles of the Belmont Report?
Answers
Respect for Persons, Beneficence, Justice are key element included in one of the three basic ethical principles of the Belmont Report .
What was done with the Belmont Report?The Commission released the Belmont Report, which identifies fundamental ethical principles and guidelines that address ethical issues arising from the conduct of research with human subjects. It was informed by monthly discussions that lasted for almost four years and a thorough four days of deliberation in 1976.The Belmont Report, which was released by the Commission in 1976, stated the following fundamental moral precepts: Respect for Persons articulates the moral views that people with less autonomy need equal protection and that people with more agency should be respected.Respect for Persons, Beneficence, Justice are key element included in one of the three basic ethical principles of the Belmont Report .
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What is market economy?
Answers
Answer: an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
Answer:
an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.
Explanation:
Job satisfaction can be lost for all of the following reasons EXCEPT:
a.
Lack of opportunities for promotion
b.
Bickering with co-workers
c.
Being recognized for a job well done
d.
Having little or no say in decisions that affect you
Answers
Answer:
Being recognized for a job well done
Explanation:
Interest payments on a loan can be a significant cost for a business. What happens if in a free market the demand for loans increases significantly?
Answers
In a free market, an increase in demand for loans can lead to higher interest rates due to the limited supply of loanable funds.
In a free market, interest rates are under pressure to rise if loan demand rises considerably. This is because there is a finite amount of money that can be borrowed, and lenders can raise interest rates on borrowers as demand for loans increases.
Higher interest rates may make borrowing more expensive for firms, which may discourage investment and impede economic expansion. As a result, companies could need to change how they approach borrowing, either by taking on less debt or looking for new funding options with lower interest rates.
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What companies are currently experiencing supply chain issues or inflation?
Answers
Answer:
Amazon, Kellogs, Nike
Explanation:
HP is also a company being affected by the supply chain issues :)
which of the following is a benefit of credit?
a. allows you to get what you want sooner
b. it damages your credit
c. puts your bank account in surplus
d. you get money back on interest
Answers
Answer:
A
Explanation:
An automobile company decides to improve the quality of its products and bring more variety into its entire product line. The company has decided to adopt ________.
Answers
An automobile company decides to boost the standard of its products and produce more variety into its entire merchandise. the corporate has decided to adopt Industry wide Differentiation.
Industry-wide differentiation may be a technique employed by companies after they diversify their line of products to achieve unexplored sectors of the market and increase their chances of collecting higher revenue. Normally, this practice is dispensed by large entities with enough funds for investment and covering risks. Therefore an automobile company decides to boost the standard of its products and convey more variety into its entire line of products. the corporate has decided to adopt Industry wide Differentiation
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A price-taking firm is one of a ______ number of firms producing a product that is identical to that of every other firm in the industry and providing ______ of total market supply.
Answers
It should be noted that price-taking firm is one of a large number of firms producing a product that is identical , though providing only fraction of total market supply.
What is a price-taker firm?
A price-taker can be regarded as individual or firm that doesn't have control over the prices of goods or services sold.
This is because, they usually have small transaction sizes as well as trade at whatever prices.
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Beth deposits $200,000 into her
personal savings account. How much of
her deposit is insured by the FDIC?
$50,000
$150,000
$200,000
Answers
Beth deposits $200,000 into her personal savings account. $ 50,000 more she need to deposit insured by FDIC.
Option A is correct.
For each account ownership category, the standard insurance amount is $250,000 per depositor, per insured bank. The FDIC covers deposits in different ownership categories in different ways.
What is the FDIC's role?Deposits are protected by the FDIC; examines and supervises financial institutions for consumer protection and safety; makes it possible to resolve large and complex financial institutions; likewise oversees receiverships.
What is the FDIC and how significant is it?The Federal Deposit Insurance Corporation (FDIC) is an independent government agency that safeguards insured deposits in the event of bank failure. The insurance provided by the FDIC is backed by the government of the United States. The National Credit Union Administration, which regulates and insures credit unions, is the other agency that provides deposit insurance to depositors in American depository institutions. The Federal Deposit Insurance Corporation is one of those two agencies .
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Does anyone want to be saved and acceot the lord jesus christ to come into your heart if you do please say these words out loud.
Lord I admit to you that I am a sinner, but i ask you to please forguve me from all of my sins. Lord god I repent and I turn away from them and never go back. Lord gold fill me with you Holy Spirit. Amen
Now from this day on read your bible and pray and talk to the Lord.
If you have done these things write back Remeber Jesus Loves You And I do To
Answers
Answer:
nah im goood
Explanation:
i dont feel like asking him to "forguve me from all of my sins"
very proud of u for sharing the good news and ik our Lord is too! don’t let those ppl discourage u! have a blessed day
Which factor places this nation in the transitioning category? Multinational corporations operate within its borders. It is shifting from a planned to a free-market economy. It has recently increased trade with Western Europe. It has a rising GDP.
Answers
The factor that puts a nation in the transition category is the shift from a planned economy to a free market economy.
What is the free market?It corresponds to an economic principle where the action of market agents is free, with less state intervention, being voluntarily determined by the law of supply and demand.
Therefore, the free market is a factor that marks an economic transition of a nation, by instituting greater relations with other countries, greater investment and economic expansion.
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Answer:
B on edge
If you want the answer faster
If the total distance moved by a bus before stopping was 56.7 mwith initial speed of22.36 m/s. What is the magnitude of the acceleration?
Answers
The magnitude of the acceleration is approximately -4.408 m/s^2.
To find the acceleration, we use the equation (final velocity - initial velocity) / time. Given the total distance moved by the bus before stopping as 56.7 m and the initial speed as 22.36 m/s, we need to find the final velocity using the equation final velocity^2 = initial velocity^2 + 2 * acceleration * distance. By substituting the given values, we find that the acceleration is -4.408 m/s^2. The negative sign indicates that the bus is decelerating. Therefore, the magnitude of the acceleration is approximately 4.408 m/s^2.
The magnitude of acceleration can be determined using the equation:
acceleration = (final velocity - initial velocity) / time
In this case, we need to find the acceleration when the total distance moved by the bus before stopping is 56.7 m and the initial speed is 22.36 m/s.
To find the final velocity, we can use the equation:
final velocity^2 = initial velocity^2 + 2 * acceleration * distance
Given that the initial velocity is 22.36 m/s and the distance is 56.7 m, we can substitute these values into the equation:
final velocity^2 = 22.36^2 + 2 * acceleration * 56.7
Simplifying this equation, we get:
final velocity^2 = 499.3296 + 113.4 * acceleration
Since the bus stops, the final velocity is 0. Therefore, we can rewrite the equation as:
0 = 499.3296 + 113.4 * acceleration
Solving for acceleration, we get:
acceleration = -499.3296 / 113.4
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Select a single stock issue, then perform each of the ratio valuations, covered in the lesson. Compare the information and make a recommendation on the value of the stock, and whether it is a good investment. Your submission must list the name of the stock, the data. The information was obtained, the source from which the information was drawn, and a list of each of the ratio models, showing the results. Also, prepare a narrative of at least two paragraphs that analyzes your findings and indicates your recommendations.
Answers
We should note that stock valuation helps to predict the future price or potential market prices for the investors to time their sales or purchase of investments. Its values the intrinsic value of the stock that shows the profitability of the business and its future market value.
What is the stock valuation of Apple Inc?In this context, let's assume we're analyzing Apple Inc. (AAPL), a technology company that designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players.
One key ratio valuations that investors might use to assess the value of AAPL is Price-to-earnings ratio (P/E ratio). This ratio compares the current stock price to the company's earnings per share (EPS). A high P/E ratio suggests that investors are willing to pay a premium for the stock based on its earnings potential.
To calculate the P/E ratio for AAPL, we would divide the current stock price by the company's EPS. As of 2022, AAPL had a P/E ratio of around 28, which is slightly higher than the industry average of around 24.
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80% of people starting a business use their own personal savings. What is the advantage to this strategy versus using bank loans and credit cards? A. You control how the money is spent B. You will not pay interest on the capital. C. You do not have any risk of losing your money.
Answers
An advantage of using personal savings instead of bank loans and credit cards is you will not pay interest on the capital. (option B)
What is personal savings?Personal savings is the wealth that a person has accumulated over a period of time. When a person uses his personal savings to start a business, the person would not have to pay interest on the money used in the business because the funds used belongs to the person.
Banks loans and credit cards are subject to interest payment over the duration of the loan. Interest would increase the cost of starting the business. Funds that are gotten either from bank loans or personal savings can be lost if the business is not successful. Also, three is an opportunity cost associated in using the funds for starting a business. Opportunity cost is the cost of the next best option forgone when one option is chosen over other options.
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which of the following is a financial intermediary? question 8 options: a mutual fund the stock market a u.s. government bond a wealthy individual who regularly buys and holds large quantities of government bonds
Answers
A financial intermediary is mutual fund. The correct answer is A. mutual fund.
A financial intermediary is an entity that acts as a middleman between two parties in a financial transaction. In general, banks, insurance companies, pension funds, mutual funds, and other investment vehicles are all types of financial intermediaries that channel money from savers to borrowers or investment opportunities.
The following are examples of financial intermediaries: Commercial banks, Investment banks, Mutual funds, Credit unions, Insurance companies, Pension funds, Venture capitalists, Hedge funds, Factors Merchant bankers, Stock brokers and dealers, Discount houses, Building societies.
Therefore, a mutual fund is the correct answer.
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complete question is :-
which of the following is a financial intermediary? question options:
A. mutual fund
B. the stock market
C. US government bond
D. a wealthy individual who regularly buys and holds large quantities of government bonds
Equity accounting is an accounting method for recording investments in associated companies or entities. The equity method is applied when a company's ownership interest in another company is valued at 20–50% of the stock in the investee.
Answers
That is correct. Equity accounting, also known as the equity method, is an accounting approach used to record investments in associated companies or entities.
Under the equity method, the investor company recognizes its investment in the associate as an equity investment on its balance sheet. Instead of consolidating the financial statements of the investee with its own, the investor recognizes its share of the investee's profits or losses in its income statement.
The investor initially records the investment at cost and adjusts it over time based on its share of the investee's earnings or losses, dividends received, and any additional investments made. The investor also recognizes its share of the investee's comprehensive income in its equity section of the balance sheet.
By using the equity method, the investor maintains a proportional representation of its ownership interest in the investee and reflects the investee's performance in its financial statements. This method provides a more accurate representation of the investor's influence and economic benefits derived from the investment.
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In what three ways does the government affect production of goods and services in the US economy?
Answers
What would most likely happen if the government increased payroll?
Answers
Employees would receive less pay each week if the government increased payroll taxes.
What do you mean by payroll taxes?Payroll taxes, which are frequently calculated as a percentage of the compensation that employers pay their employees, may be owed by either employers or employees. The main differences between income and payroll taxes are who pays what and what the taxes fund. Payroll taxes are one way that both employers and employees help pay for social insurance programs like social security, medicare, and others. Employers fund public services like transportation, education, and defense via municipal income taxes.
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