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A coal hauling truck has a net cost of $85,000. It has an expected service life of 250,000 miles at which time it will have a $5,000 salvage value. Your company uses the units-of-production method to calculate depreciation.
a) Calculate the allowed depreciation amount after 55,000 miles.
b) What is the book value after 55,000 miles?
Explain how does the empirical rule help to explain the ways in which values in a set of numerical data cluster and distribute.
Assist on writing a 1 page paper on political also legal influences. A research paper- Illustrate what's economics issue or problem seen in behavior we observe in the world around us.
A sum of $16,000per year will be received uniformly over a five-year period beginning two years from today. What is the present value of this deferred- funds flow if interested is compounded continuously at a normal rate of 9%.
Imagine a Harrod-Domar setup. Suppose that a developing country's capital-output ratio (k) is 4, and the savings rate (s) is 12%. Depreciation is 1%, and the population growth rate is 2%. What will be the equilibrium growth rate of GDP? What is happe..
Explain the short-run effects of eliminating rent control on apartments. In a competitive industry, with competitive supplies of labor and capital goods which have only normal gains, which factor obtains the "producer surplus"? What is the economic e..
To increase tax revenue, the U.S. government in 1932 imposed a 2-cent tax on checks written on bank account deposits. How do you think the check tax affected the currency–deposit ratio? Explain. Use the model of the money supply under fractional-rese..
Your local fast food chain with two dozen stores uses the company's internal corporate marketed department to produce signage, print ads, in-store displays, and so forth. When placing an order, store managers are assessed a chargeback (transfer price..
Firm A would hire 20,000 workers if the wage rate is $12 and would hire 10,000 workers if the wage rate is $15. Firm B would hire 30,000 workers if the wage is $20 and would hire 38,000 workers if the wage is $15. Which firm is more likely to be unio..
Describe why it is often asserted that that exporters suffer when their home currencies appreciate in real terms against foreign currencies and prosper when their home currencies depreciate in real terms.
Many firms might like to be monopolies because such firms earn economic profits in the long run. What might cause a monopoly? A firm is likely to be a monopoly if
Figure 4-6 shows that a payroll tax will be completely shifted to workers when the labor supply curve is perfectly inelastic. In this case, for example, a new $2 payroll tax will lower the wage by $2, will not affect employment, and will not result i..
Help wanted advertising is higher than usual also the consumer price index is up more than expected.Inflation has slowed markedly also the Dow Jones average is at record levels.
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