Using the MACRS rates from the following table, what is the book value of a $2,500 computer after 3 years? Year MACRS Rate 1 20.0 % 2 32.0% 19.2% 11.52 % 11.52% book value = [?] Round to the nearest hundredth. 345
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What is book value of $2500 computer after 3 years
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- You run a business out of your dorm room selling ACC2020 textbooks in both paper and digital versions. The paper version costs you $400 and you can sell it for $600. The digital version costs you $100 and you can sell it for $200. Last semester you sold 10 paper versions and 100 digital versions for total sales of $26,000. You expect that sales mix will continue this semester. - If your semester fixed costs are $6,000 for a publisher's license, what dollar amount of sales will you need to breakeven? - How many paper and digital books will you have to sell to break even? - How much operating income did you have last semester?Please help!!! You run a business out of your dorm room selling ACC2020 textbooks in both paper and digital versions. The paper version costs you $400 and you can sell it for $600. The digital version costs you $100 and you can sell it for $200. Last semester you sold 10 paper versions and 100 digital versions for total sales of $26,000. You expect that sales mix will continue this semester. - If your semester fixed costs are $6,000 for a publisher's license, what dollar amount of sales will you need to breakeven? - How many paper and digital books will you have to sell to break even? - How much operating income did you have last semester?C7-73 Calculate breakeven and margin of safety after hotel renovation (Learning Objective 2) Cost-Volume-Profit Analysis 437 This case is a continuation of the Caesars Entertainment Corporation serial case that began in Chapter 1. Refer to the introductory story in chapter 1 (see page 43) for additional background. (The components of the Caesars serial case can be completed in any order.) Caesars Palace® Las Vegas made headlines when it undertook a $75 million renovation. In mid-September 2015, the hotel closed its then-named Roman Tower, which was last updated in 2001, and started a major renovation of the 567 rooms housed in that tower . On January 1, 2016, the newly renamed Julius Tower reopened, replacing the Roman Tower. In addition to renovating the existing rooms and suites in the former Roman Tower, 20 guest rooms were added to the Roman Tower. With the renovation completed, Caesars expects the Julius Tower room rate to average around $149 per night. This increase, a $25 or 20…
- At the top of the ad, in bold letters, is the following: "No interest & no payments* for 12 months on all 3-D TVs." On right side of the ad is an image of a 3-D TV with the price "$3,399," and the caption "Optimax Plus 1080p true HD resolution for better picture quality. 120Hz refresh rate, dual core processor, content sharing and screen mirroring. Smart TV features let you interact and stream content from the web. Supports apps." At the bottom of the ad, in a small font, is the following: "* Offer is subject to credit approval. No finance charges assessed and no monthly payment required on the promotional purchase if you pay this amount in full by the payment due date as shown on the twelfth (12th) billing statement after purchase date. If you do not, finance charges will be assess on the promotional purchase amount from the purchase date and minimum monthly payment will be required on balance of amount. Standard account terms apply to non-promotional balance and, after the…At the top of the ad, in bold letters, is the following: "No interest & no payments* for 12 months on all 3-D TVs." On right side of the ad is an image of a 3-D TV with the price "$3,399," and the caption "Optimax Plus 1080p true HD resolution for better picture quality. 120Hz refresh rate, dual core processor, content sharing and screen mirroring. Smart TV features let you interact and stream content from the web. Supports apps." At the bottom of the ad, in a small font, is the following: "* Offer is subject to credit approval. No finance charges assessed and no monthly payment required on the promotional purchase if you pay this amount in full by the payment due date as shown on the twelfth (12th) billing statement after purchase date. If you do not, finance charges will be assess on the promotional purchase amount from the purchase date and minimum monthly payment will be required on balance of amount. Standard account terms apply to non-promotional balance and, after the…D's is considering publishing a paperback textbook onspreadsheet applications for business. The fixed cost of manuscriptpreparation, textbook design, and production setup is estimated to beP100,000. Variable production and material costs are estimated to be P150 perbook. Demand over the life of the book is estimated to be 4000 copies. Thepublisher plans to sell the text to college and university bookstores for P1000each. e. What profit or loss can be anticipated with a demand of 4000 copies? f. With a demand of 4000 copies, what is the minimum price per copy that the publisher must charge to break even? g. If the publisher believes that the price per copy could be increased to P1, 297. 50 and would not affect the anticipated demand of 4000 copies, what action would you recommend? h. What profit or loss can be anticipated?
- Social Media, Inc. (SMI) has two services for users. Toot!, which connects tutors with students who are looking for tutoring services, and TIX, which can be used to buy, sell, or exchange event tickets. For the following year, SMI expects the following results. Toot! Tix Total Users 15,500 22,100 37,600 Revenues $2,000,000 $2,080,000 $4,080,000 Engineering hours 10,4000 8,400 18,800 Engineering cost $ 881,000 $ 999,000 $1,880,000 Administrative costs…Social Media, Inc. (SMI) has two services for users. To ot!, which connects tuters with students who are looking for tutoring services, and TiX, which can be used to buy, sell, or exchange event tickets. For the following year, SMI expects the following results. Toot! TiX Total Users 13,100 20,100 33,200 Revenues $ 1,800,000 $ 1,760,000 $ 3,560,000 Engineering hours 9,300 7,300 16,600 Engineering cost $ 687,750 $ 806,250 $ 1,494,000 Administrative costs $ 1,195,200 Required: a. Compute the predetermined overhead rate used to apply administrative costs to the two services assuming SMI uses the number of users to allocate administrative costs. b. Based on the rates computed in requirement (a), what is the profit for each service?Continued from https://www.bartleby.com/questions-and-answers/allen-would-like-to-open-a-business-to-produce-a-software-that-he-thinks-would-be-well-received-by-t/449f08a9-ad79-4242-b702-83e9307100f8,Now assume that Allen needs to borrow £300 to produce his software, which will generate £500 in two years. There are N savers in the economy, each endowed with £2 and each facing a 25% chance that there will be an emergency and they will need their £2 back. What is the minimum value of N such that a financial intermediary can solve the problem of getting money from savers to borrowers?
- Sandhill’s managers have determined that variable costs per unit will increase by 20% beginning next month. To offset this increase in costs, they are considering a 20% increase in the sales price. Market research indicates that the price increase will result in a 2% decrease in the number of learning systems Sandhill sells. What will be Sandhill’s expected operating income if the price increase is implemented? (Round per unit calculations to 2 decimal places e.g. 52.75 and final answer to 0 decimal places, e.g. 5,275.) Total Per Unit Sales revenue $687,500 $55 Variable expenses 240,625 19.25 Contribution margin 446,875 $35.75 Fixed expenses 312,000 Operating income $ 134,875Social Media, Inc. (SMI) has two services for users. Toot!, which connects tutors with students who are looking for tutoring services, and TiX, which can be used to buy, sell, or exchange event tickets. For the following year, SMI expects the following results. Toot! TiX Total Users 15,500 22,100 37,600 Revenues $ 2,000,000 $ 2,080,000 $ 4,080,000 Engineering hours 10,400 8,400 18,800 Engineering cost $ 881,000 $ 999,000 $ 1,880,000 Administrative costs $ 1,504,000 The company is considering using a two-stage cost allocation system and wants to assess the effects on reported product profits. The company is considering using Engineering Hours and Users as the allocation base. Additional information follows. Toot! TiX Total Engineering hours 10,400 8,400 18,800 Users 15,500 22,100 37,600 Engineering-hour related administrative cost $ 199,280 User-related…Engery Cost Savings (Green Computing) The below data represents cost (expenses) and savings for Thom-Pierre Consultants (TPC) for all organizational computer use for 2018 and 2019. TPC implemented a green computer initiative in January 2019. Operating Cost Computer type General Computer Use (2018) Green Computer Use (2019) Savings Notebook Dual Core 17490 9500 Notebook Quad Core 21000 12500 PC Dual Core 34500 21200 PC Core Duo 42000 21450 Servers Core Duo 25000 16550 Servers 4 Core Duo 30000 12450 Total