A construction equipment costs P180,000. It has a salvage value of P15,000 at the end of its life of 12 years. Find the 5th year depreciation using a constant percentage method or Matheson Method. O P17,405.63 O P73,528.63 O P14,705.63 R37 528 63
Q: Samson bought a new cutting machine for P5,000,000.00. The machine could be sold for P50,000.00…
A:
Q: You are charged this tax by the federal government on your yearly pay. This is: Income Tax. Sales…
A: In the United States, federal government charges different types of taxes for different purposes…
Q: Why are credit card payments a conundrum in emerging economies?
A: A developing market economy is an economy that is changing into a created economy. Emerging markets…
Q: A farm producing wheat has the following production function Q = 4L + 3K. Does the above function…
A: Given, Q=4L+3K Production function shows the technical association between the input and output. It…
Q: Find the degrees of freedom in a regression model that has 40 observations, 6 independent variables…
A: Degree of freedom is the number of values in the final calculation of a statistics that are free to…
Q: Calculate SSE from the following data. Q 8 10 12 Q* 11 19 Enter as a value (round to two decimal…
A: SSE is the summed square of residuals. SSE measures the level of variance . SSE = sum (Q* - Q)2
Q: Even before the pandemic, bicycle supply chains were strained. Why was this? Check all that apply.…
A: Bicycle companies moved the production out of China because of the rise in rate of tariff by former…
Q: The following relative frequency distribution summarizes the ages of women who had a child in the…
A:
Q: Suppose output per worker in a country has grown at the same rate as technology over many years.
A: Growth refers to sustained increase in real GDP per capita of a country over long period.
Q: For a monopoly, the demand and cost functions are: Demand: Q = 100 -0.20P Cost: TC= 10 + 60Q Solve…
A: A monopolist always maximizes profit where: Marginal Cost = Marginal Revenue MC = MR Total…
Q: Alpha can produce either 18 oranges or 9 apples an hour, while Beta can produce either 16 oranges or…
A: Here, it is given that Alpha can produce either 18 oranges or 9 apples, while Beta can produce 16…
Q: Table 7-2 The only four producers in a market have the following costs: Seller Evan Selena Angie…
A: Producer Surplus is the difference between the actual price a producer receives and minimum price he…
Q: Consider the following simplified scenario. Imagine that the Australian national rugby union (for…
A: Regular tickets demand : QF(P) = 120 – 2P Concessional tickets demand : QC(P) = 80 – 2P Marginal…
Q: Assume the demand for shirts is Q, and the cost per shirt is $10. Now assume that there the firm…
A: The opportunity cost is time spent playing and that cash to spend on something different. A farmer…
Q: Calculating Price Elasticity Qd = 30 – 3*P P = 2 P = 5 P = 8 P = 6 Calculate elasticity of the…
A: Price elasticity refers to the percentage change in the quantity demanded for a given percentage…
Q: Which among the following is not true about utility? Select one: a. The terms utility and usefulness…
A: Utility is the broad range of advantages derived from using a good or service. This is a concise…
Q: With Quota case: We have a consumer surplus of 500 We have a producer surplus of 3000 With Tax:…
A: The total surplus is the sum of the consumer surplus and producer surplus. It measures the total…
Q: Refer to the figures below and assume that price is fixed at $37,000 and that Buzzer Auto needs 4…
A: Demand refers to the quantity that a consumer wishes to buy at a given price in a given period of…
Q: Suppose a monopolist faces a market demand curve given by P = 50 - Q. Marginal cost is initially…
A: Monopoly is a form of market structure in which a single firm sells a commodity for which there are…
Q: Suppose that 2 roommates, Andy and Bob, are trying to pick an apartment in Chicago. Locations can be…
A: Pareto efficient allocation refers to the ones deviating from which no person can be made better off…
Q: consumer attains maximum utility when: Select one: a) Marginal utility per dollar spent is…
A: The concept of marginal utility (MU) is utilized by economists to compute how much of an item…
Q: Because neoclassical economists assume that people are rational decision makers, they Multiple…
A: Behavioral economics This hypothesis accepts that individuals, given their preferences and…
Q: You are the accounting manager for Kool Ragz, Inc., a manufacturer of men's and women's clothing.…
A:
Q: Fill in the table using the given data. Country Canada Netherlands Japan Working-Age (Civilian…
A: We use the following formulas to calculate the missing information: 1) Civilian labour Force =…
Q: Which of the following reduces the money multiplier? O banks loan all their excess reserves O the…
A: The money multiplier is an economic factor that leads to change in other related economic variables…
Q: In 1885, first-class postage for a one-ounce letter cost $0.02. The same postage in 2015 costs…
A: The term "compounding" refers to "the rise in value of an investment due to the interest generated…
Q: 1. Suppose a perfectly competitive firm has a cost function described by TC = 200Q+ Q² +225 Each…
A:
Q: Consider the following production function for a firm: y=(x1-1)(x2-1), if x1≥1 and x2≥1; and y=0,…
A: The law of supply, simply states that there exist a positive relationship between price and the…
Q: A is created each time the federal government spends less than it collects in taxes in a given year.…
A:
Q: George and Laura live on an island in the Caribbean. Their diet is fish and biscuits. George can…
A: A country or person is said to have comparative advantage in producing a particular product if the…
Q: Behavioral economics assumes that people are Multiple Choice O O O O eager and able to estimate the…
A: Behavioral economics is one of the economy thoughts or approach to understand the nature of an…
Q: 2. A market (or industry) demand curve is described by Q = 600-0.5 P The monopolist firm's cost…
A: Perfect competition is an economic expression that implies a theoretical market composition in which…
Q: An annual deposit of P1,500.00 is placed on a fund at the end of each year for 6 years. If the fund…
A: Given, Annual Deposit : P1,500Time : 6 years Rate of Interest : 5%We need to determine its worth…
Q: Show that a monopolist facing inverse demand p(q) = q2 + 10 with constant marginal utility MC 5 will…
A: Demand function: p(q)=q-2+10 .......(1) Marginal utility: MC=5 First, we will find…
Q: Explain the difference between income elasticity, demand elasticity, and cross-price elasticity.
A: Elasticity is the measure of responsiveness in change in quantity due to change in income or price…
Q: A consumer of two goods has utility u(₁,2)=12. She can purchase each good i = 1,2 at a price of p,…
A: Marshallian demand curve actually shows the available part of quantity which is demanded by the…
Q: True or False (and why): in the standard Rothschild-Stiglitz model with asymmetric the high risk…
A: Asymmetric information: Asymmetric information" is a term that refers to cases in which one party in…
Q: Consider an economy with dynamics captured with the following graph: k ke+1 = $(k₂)
A: In the given diagram we are given 3 steady states where the given K_t+1 curve intersects the 45'…
Q: Carefully explain what is happening in the market for leather belts. Indicate the impact if any on…
A: Demand curve shows association between quantity demand and price. Similarly, Supply curve depicts…
Q: The price of a Universal Testing Machine doubles in 15 years. What is the compounded yearly…
A: The future value formula is given as: F = P(1+R)n Where P : present valueF : future valueR : Rate…
Q: Find the degrees of freedom in a regression model that has 40 observations, 6 independent variables…
A: Regression analysis is a powerful tool for uncovering the associations between variables observed in…
Q: Chapter 7 350 300 250- 200- 150+ 100- 50- 3 4 b. $200. c. $250. d. $300. Demand 5. Refer to Figure…
A: Consumer surplus is a significant concept in economics, and it is characterized as the distinction…
Q: We consider the following two-player strategic form game, where Alice's strategies are payoffs are…
A: There are two players in above game - Alice and BoB Strategy Set of Alice : { U , C, D } Strategy…
Q: If demand is P = 50 - 2Q and supply is P = 20 + 3Q, what is the value of the Producer Surplus?
A: Equilibrium P*(price) and Q*(quantity) is found by the intersection of demand and supply curves in…
Q: Kayla has 10 hours to pick erries, to catch trout, and to invest in a net. In the absence of…
A: In total there are 10 hours & also two options to choose from . Whether to invest in net or not…
Q: What rate of interest compounded annually would result in receipt of $21,000 in five years from an…
A:
Q: Which Determinant of Supply will cause the supply curve for blueberry jam to shift to the right when…
A:
Q: You own a restaurant near the beach. Business has been growing each year, but obviously spikes…
A:
Q: How does healthcare system in country affect economic development?
A: A health framework, medical care framework, or medical care framework is an association of…
Q: You borrow Php 40,000 from a family member and agree to pay it back in nine months. Because you are…
A: Only loans with extremely short terms are typically subject to one-time simple interest. Interest is…
Step by step
Solved in 2 steps with 1 images
- 1. Xavier Company contracted for the purchase and installation of a large printer which costs P250,000. This amount includes freight and installation charges estimated at 10% of the above contract price. If the printer shall be depreciated over a period of 10 years with a salvage value of P15,000 and money is worth 6% per annum, what is the annual depreciation charge using SFM? A. P19,725.67 B. P19,257.50 C. P17,070.29 D. P17,828.97Olivia’s asset is purchased for Php 25,000. Its estimated life is 12 years after which it will be sold for Php 15,000. Find the depreciation for the 5th year and book value at the end of 8th year using Straight Line Method. a. 833.33 - 18,333.36 b. 833.33 - 4,166.67 c. 4,166.67 - 18,333.36 d. 533.33 - 4,166.67Show the solutions in a step-by-step manner. 1. A certain building has a salvage value of P1,000,000 after 40 years. Annual depreciation is P2,000,000. Using the Straight Line Method, how many years should you sell the building for P30,000,000? 2. A machine costs P2,500,000. At the end of its economic life of six years, its salvage value is P800,000. Using the Sum of the Years Digit Method of Depreciation, what will be its book value for the first year? Prepare a depreciation schedule. plz answer dont answer by pen paper
- An asset is purchase for P 500,000 with an economic life of 10 years. What is total accumulated depreciation in the first three years using double declining balance method? P 236,000 P 244,000 P 256,000 P 264,000An embroidery machine has an initial cost of P200,000. Its salvage value after 10 years is P20,000. As a percentage of the initial cost, what is the straight line depreciation rate of the equipment? A..9% B. 6% C. 8% D. 5%A machine costing RO 1760 has an estimated life of 4 years and a residual value of RO 350. Find the depreciation for the second year using Sum of the Years-Digits method. a. 987 RO b. 423 RO c. 773 RO d. 564 RO
- Machinery for an assembly line has a cost basis of $150,000 and an expected salvage of $25,000. It is not subject to special limitations for bonus depreciation. How much bonus depreciation was, is, or will be allowed (a) in 2014? (b) in 2018? (c) in 2024? (d) in 2026?An industrial plant bought a generator set for P120, 000. Other expenses including installation amounted to P10, 000. The generator is set to have a life of 15 years with a salvage value at the end of life of P8, 000. What is the depreciation charge during the 12th year by SYD method? a.) P 3, 105 b.) P 2, 620 c.) P 4, 067 d.) P 4, 784A manufacturing company makes it a policy that for every new equipment purchased, the annual depreciation cost should not exceed 25% of the first cost at any time without salvage value. Determine the length of service
- An asset costs $150,000 and has a salvage value of $15,000 after 10 years.What is the depreciation charge for the 4th year, and what is the book value atthe end of the 8th year with(a)Straight-line depreciation?(b)Double declining balance depreciation?The first costs of an equipment is P 65,000 and a salvage value of P 3,000 at the end of its 6 – year life. Find the total depreciation of the equipment after 4 years using the Straight Line Method. a. P 41,333b. P 40,668c. P 23,667d. P 22,456The first cost of a machine is P1,800,000 with a salvage value of P300,000 at the end of its life of 5 years. Determine the total depreciation after 3 years. Constant Percentage Method ans:P1,185,769.76