举一反三
- A business has net assets of $60,000 at the beginning of the year and $85,000 at the end of the year. Drawings were $17,000 and a lottery win of $3,000 was paid into the business during the year. What was the profit for the year? A: $11,000 loss B: $39,000 loss C: $11,000 profit D: $39,000 profit
- A company uses the machine hours method to depreciate the machinery in its factory. A machine that cost $120,000 has an estimated residual value of $30,000 at the end of its four-year useful operating life. Usage over the four years is expected to be:What is the depreciation charge for the machine in Year 3? A: $23,333 B: $31,111 C: $38,889 D: $76,667
- R company sold old equipment for $25 000. The equipment had a cost of $50 000 and accumulated depreciation of $30 000. The entry to record the sale of the equipment would include a ( ). A: loss on disposal of $25 000 B: gain on disposal of $25 000 C: loss on disposal of $5 000 D: gain on disposal of $5 000
- What is the payback if the initial investment is $60,000 and the cash flows are? ( )Year 1$20,000Year 2$25,000Year 3$30,000Year 4$10,000Year 5$5,000 A: 1.75 years B: 2.25 years C: 2.50 years D: 2.45 years
- The movie company’s profit this year is greater than that of many other companies. (s___________) (Para. 4)
内容
- 0
You have $5,000 you want to invest for the next 45 years. You are offered an investment plan that will pay you 6 percent per year for the next 15 years and 10 percent per year for the last 30 years. How much will you have at the end of the 45 years? How much will you have if the investment plan pays you 10 percent per year for the first 15 years and 6 percent per year for the next 30 years?
- 1
Your management is evaluating a project which requires an investment of $500,000. The expected inflow is $100,000 for 1st year, and $300,000 for every year after that. What is the payback period A: 2 year B: 2 years and 4 month C: 3 year D: Cannot be determined because discount rate is not specifie
- 2
Rent paid on 1 October 2002 for the year to 30 September 2003 was $1200 and rent paid on 1 October 2003 for the year to 30 September 2004 was $1600. Rent expense, as shown in the statement of profit or loss for the year ended 31 December 2003, would be: A: $1200 B: $1600 C: $1300 D: $1500
- 3
The cost of a new machine is $250,000. The machine has a five-year life and no salvage value. If the cash flow each year is equal to 25 percent of the cost of the machine, calculate the payback period for the project. A: 2.0 years B: 2.5 years C: 3.0 years D: 4.0 years
- 4
Questions 6 to 10 are based on the following news. 9(). A: ￡522 million. B: ￡671 million. C: As much profit as one year earlier D: 2.8 percent more profit than a year earlier.