The Justice Department's cost that Microsoft is a monopolist rests normally on the fact that some version of the Windows running gadget is currently used
on some 80 percent of all personal computer systems in the world and that Microsoft has required pc producers to deploy Internet Explorer
Why is Microsoft accused of acting a monopoly in the pc running structures market?The Legal Case
Microsoft used to be formally charged with constituting a market monopoly via making it tough for customers to installation competing software program and simultaneously making it tough to uninstall the company's browser, Internet Explorer.
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https://brainly.com/question/29057414#SPJ4as a health professional you would use several solutions in treating patients for a variety of issues. assume you need a solution of 2mm sucrose. you find a bag of 20 mm sucrose while looking for what you need in the supply closet. what is the difference between the two solutions?
The concentration of glucose in the two solutions, 2M and 20M sucrose, is about different.
Sucrose is a naturally sweet simple carbohydrate. Fruits and plants contain it. Sucrose is an oligosaccharide and could be a sugar made up of subunits of glucose and ketohexose. The major component of white sugar is this, which occurs naturally in plants. Disaccharide is extracted and processed from either sugarcane or sugar beet for human use.
Considering, In a sterile 50 mL tube under the hood PSM, 18 grams of glucose are dissolved in 50 ml of 2 M sucrose solution before filter-sterilizing it. In a 100 ml volume of 20 M sucrose solution, however, 20 grams of solution are combined with 100 ml of solution.
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it takes the blacksburg shipyard twenty weeks with 200 workers to build an airplane. material costs are $15 million and overhead costs are $1.5 million. workers cost $35 per hour including benefits and work 40 hours per week. each airplane sells for $50 million. what is the multifactor productivity ratio? group of answer choices less than 1.0 greater than 2.0 but less than or equal to 3.0 greater than 1.0 but less than or equal to 2.0 greater than 3.0
C) The preferred value is more than 1.0 but less than or equal to 2.0.
A multifactor productivity is what?A measure of economic performance known as multifactor productivity (MFP) contrasts the quantity of output and the quantity of all the inputs used to produce that output. Combinations of inputs may include labor, money, energy, supplies, and services that have been purchased.
Calculation:
Given:
Weeks (W) = 20
Number of workers (N) = 200
Material costs (MC) = $15 million
Overhead costs (OC) = $1.5 million
Workers' cost per hour (WC) = $35
Hours per week (H) = 40
The selling price of the ship (SP) = is $50 million.
Now,
Labour Costs = Workers Costs Per Hours × Hours Per Week × Weeks × Number of Workers Labor Costs
= 35 × 40 × 20 × 200 Labour Costs
= $56,00,000
Now,
Multifactor Productivity Ratio = Value of Input (Material Costs + Labor Costs + Overhead Costs) / Value of Output(Selling Price of Ship)
Multifactor Productivity Ratio = [tex]\frac{50,000,000}{15,000,000+56,00,000+15,00,000}[/tex]
Multifactor Productivity Ratio = [tex]\frac{50,000,000}{2,21,00,000}[/tex]
Multifactor Productivity Ratio = 2.26
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question content area the sarbanes-oxley act applies only to companies whose stock is traded on public exchanges. true false
It is TRUE that, The Sarbanes-Oxley Act applies only to companies whose stock is traded on public exchanges.
The Sarbanes-Oxley Act of 2002 was enacted by the US Congress on July 30 of that year in an effort to safeguard investors from corporate financial reporting that was false or misleading. The SOX Act of 2002, also known as the Dodd-Frank Act, required stringent updates to current securities laws and imposed severe new penalties on offenders.
In response to early 2000s financial scandals involving publicly traded businesses like Enron Corporation, Tyco International plc, and WorldCom, the Sarbanes-Oxley Act of 2002 was passed. Investor confidence in the reliability of corporate financial statements was shaken by the high-profile frauds, which prompted many to call for an update to the regulations' long-standing requirements.
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a parent of a 10-year-old child with special needs should consider all of the following financial planning techniques, except: a parent of a 10-year-old child with special needs should consider all of the following financial planning techniques, except: creating a letter of intent describing all of the things a new caregiver should know. creating a special needs trust for the benefit of the child. creating a will for the child. purchasing life insurance on the parent's life.
A parent of a 10-year-old child with special needs should consider all of the following financial planning techniques, except creating a letter of intent describing all of the things a new caregiver should know.
Composing a letter of intent outlining all the information a new caregiver needs to be aware of. Considering that this has nothing to do with financial planning.
Financial planning includes assessing a client's overall financial situation and providing guidance on how to meet both short- and long-term financial objectives. The significance of financial planning aids investors in achieving their financial objectives, such as long-term financial security, home ownership, children's higher education, marriage, and estate preparation.
Financial planning encompasses more than just investing; it also considers the positive effects that money may have on your self-assurance.
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holiday brands issued $33 million of 6%, 30-year bonds for $30.5 million. what is the amount of interest that holiday will pay semiannually to bondholders? (enter your answers in whole dollars.)
A bond is a written promise to pay bondholders a certain amount at maturity.In addition, periodic interest will be paid to bondholders.This is one way that the issuing company can get more money.
Let's figure out how much interest is paid to bondholders.The period is two because the interest is paid semiannually.
The amount of interest that Holiday will pay to bondholders semiannually is $990,000, or $33 million x 6% / 2 = $0.99 million. Interest paid = Face value of bond x Interest rate / Period
A bond covenant is a term of an agreement between a bond issuer and a bondholder that must be followed by law.Bond covenants aim to safeguard both parties' interests.
Is a bond a guarantee of payment?
A promise to pay is a bond. It's a promise to pay in the future in exchange for today's payment. Bonds—promises—can be purchased and sold. A lender is the bond buyer.
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in a survey of project managers, what percentage of project managers reported encountering ethical issues in their work?
22 percentage of project managers reported encountering ethical issues in their work. An expert in project management is referred to as a project manager.
Regardless of the industry, project managers are encountering responsible for the planning, acquisition, and execution of any activity with a specified scope, defined start, and defined conclusion. Before the issue escalates to higher authorities, project managers serve as the initial point of contact for any concerns or conflicts occurring among the heads of several divisions inside an organization. A project manager is in charge of managing the project. Rarely does this person actively engage in the processes that lead to the result.
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the francis brothers are planning to open an auto parts store together. they would like to structure their business such that each brother is only responsible for debts up to the percentage of his interest in the store. which type of ownership should the francis brothers pursue?
Answer:
limited liability partnership
Explanation:
a shift of the demand curve for thin-crust pizza would be caused by a change in: question 3 options: a) buyers' incomes. be) the price of thick-crust pizza. c) all answers are correct. d) the popularity of thin-crust pizza.
A shift of the demand curve for thin-crust pizza would be caused by a change in the popularity of thin-crust pizza. A demand curve shift refers to fundamental shifts in the supply-demand balance that affect the quantity sought at the same price.
For example, you might be willing to pay $1 price for ten apples. If the grocery store lowers the price to $0.75, the demand curve shift means you might buy 15 apples rather than 10. Changes in tastes, population, income, prices of substitute or complement items, and expectations about future circumstances and prices are all factors that can affect the demand curve for goods and services.
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when critical path activities can be completed in parallel rather than sequentially, it is called .
Critical path activities can be completed in parallel rather than sequentially, it is called Assigning professionals full time to a project.
Project crashing is applied in important situations that require a fast and large extrude to a mission's important course. A important course is the roadmap of duties which is probably relying on each distinct and bring about mission completion. If one item gets delayed, the rest of the course does too. Fast tracking consists of the general overall performance of sports activities in parallel, at the same time as crashing consists of the addition of property to a mission. In fast tracking, there is progressed risk, at the same time as in crashing, there is progressed cost.
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how much would you need to deposit in an account now in order to have $6000 in the account in 10 years? assume the account earns 6% interest compounded monthly.
The amount required to deposit in new bank account is $2444.89 if the account earns 6% compound interest monthly.
What is compound interest?In other terms, compound interest is interest on principal + interest and refers to the addition of interest to the principal amount of a loan or deposit. Reinvesting interest, or adding it to the lent capital rather than paying it out or requiring payment from the borrower, results in interest being earned on the principal amount plus previously accumulated interest in the next period. In economics and finance, compound interest is common. Compound interest allows for compounding, as opposed to simple interest, which doesn't because prior interest isn't added to the principle for the current period. The simple annual interest rate is calculated by dividing the period interest by the number of periods in a year.
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why does arbitrage pricing theory predict that all securities should lie on the security market line (sml)?
Arbitrage pricing theory predict that all securities should lie on the security market line (sml) because they produce a better return for a given level of risk (beta) than those below it.
What is arbitrage pricing theory?
The arbitrage pricing theory (APT) is a multi-factor asset pricing model used in finance that connects different macro-economic (systematic) risk indicators to the cost of financial assets. It was first suggested by economist Stephen Ross in 1976 and is generally regarded as a more effective replacement for its predecessor, the Capital Asset Pricing Model (CAPM). APT is based on the law of one price, which contends that rational investors would engage in arbitrage in an equilibrium market so that the equilibrium price eventually materializes.
Since each element's sensitivity is represented by a factor-specific beta coefficient or factor loading, APT contends that after arbitrage opportunities are exhausted in a particular period, the expected return of an asset is a linear function of multiple factors or theoretical market indices. As a result, it gives traders a hint as to the "real" asset value and makes it possible to use arbitrage to take advantage of market anomalies. The linear factor model structure of the APT serves as the foundation for assessing asset allocation, managed fund performance, and cost of capital calculations.
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what effect over the last decade, has the increasingly efficient and inexpensive technology of online college courses had on the college textbook market?
The impact of online college courses' increasingly cost-effective and efficient technology on the market for college textbooks during the past ten years has been Since there is less need for physical textbooks, many publishing businesses are finding it difficult to fill high-skilled textbook editor positions.
A Physical Book is a collection of written, printed, illustrated, or blank sheets consisting of paper, parchment, ink, or other materials that are often bound together at one side and released by ABC. In this way, reading real books helps you escape the digital world and focus on the present without being interrupted.
A physical textbook gives you the assurance that it will always be there to provide you with the knowledge you require. Reading e-books is better for the environment because there is no need for paper, so you can feel good about it while you read.
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the inflation rate is calculated as selected answer will be automatically saved. for keyboard navigation, press up/down arrow keys to select an answer. a the cost of a basket of goods in the current year minus the cost of the basket in the base year x 100. b the cpi in one year minus the cpi in another year x 100. c the cpi in year 1 divided by the cpi in the base year x 100. d none of the above.
Among the given options regarding inflation, the correct option is d none of the above.
Inflation is categorised by factors such as the cost of living in a country or the overall increase in prices. It can be explained by the gradual loss of purchasing power caused by price increases. Inflation's consequences, which drive up the price of basic goods like food, can be harmful to society and have an immediate impact on each individual.
To determine the inflation rate, the consumer price index which tracks changes in retail prices for commodities is used.
The formula to calculate inflation is -
Past date CPI - Current date CPI/ Past date CPI × 100.
Where CPI stands for the consumer price index
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mike offers to sell his car to ricardo for $450. ricardo accepts mike's offer. three days after accepting the offer, ricardo calls mike and says that he no longer has the money and cannot buy the car. mike then enters into a valid contract to sell the car to jim for $15,000. once ricardo hears about the contract, he calls mike and says that he changed his mind and will buy the car of $450. mike refuses to sell him the car. is there a valid contract between mike and ricardo?
No mike refuses to sell him the car. The contract was discharged by Ricardo's breach.
Vehicles and trucks are each fashionable purchaser vehicles. but even as sedans and trucks have certain commonalities - like four wheels, an internal combustion engine, a transmission, and loosely similar capabilities - it goes without pronouncing that the sedan and the truck are two completely different vehicles.
A new automobile is an automobile that is sold in its unique synthetic condition, commonly by means of a retail commercial enterprise referred to as a vehicle dealership. The time period is contrasted with a used car, a vehicle that has previously had one or more owners.
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drake machinery has 8.2% annual coupon bonds outstanding with a current market price of $932. the yield to maturity is 9.5 percent and the face value is $1,000. how many years is it until these bonds mature?
In bond markets, the term "yield to maturity" (YTM) refers to the expected total rate of return for a bond when all of its future interest payments have been made and the principal has been repaid.
However, unlike bonds with a coupon rate, zero-coupon bonds (z-bonds) do not have recurring interest payments, which makes them different from YTM calculations.
Yield to maturity is an important consideration because z-bonds are a common type of debt issued by certain organizations, including some U.S. Treasury securities. Z-bonds typically mature at face value after being issued at a discount in the market rather than paying coupons. How to estimate the YTM of a bond that does not pay regular interest is the topic of this article.
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in its first year of operations, grace company reports the following: revenue of $60,000 ($52,000 cash received from customers); expenses of $35,000 ($31,000 cash paid toward expenses). net income under the accrual basis of accounting is:
Net income under the accrual basis of accounting is $25,000
Revenue is accounted for when it is earned under this method. In contrast to the cash method, the accrual method records revenue when a product or service is delivered to a customer with the expectation of future payment. To put it another way, money is accounted for before it is received. Similarly, costs for goods and services are recorded before any money is paid for them.
The accrual method records account receivables and payables, which can provide a more accurate picture of a company's profitability, especially over time. It does not account for cash flow.
A company may appear profitable in the long run, but it may face a difficult, significant cash shortage in the short term.
Another disadvantage of the accrual method is that it can be more difficult to use because it requires accounting for items such as unearned revenue and prepaid expenses.
The accrual method is typically required for companies that file audited financial statements and is accepted under the Financial Accounting Standards Boards' generally accepted accounting principles (GAAP).
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process of identifying other organizationas that ar ebest at some facet of your operations and then modeling your organziation after them is known as
The process of identifying other organizations that are best at some facet of your operations and then modeling your organization after they are known as benchmarking.
Benchmarking is a tool for assessing and comparing overall performance to be able to obtain non-stop development. It's far part of a complete first-rate control system, and consists of the subsequent key elements: focuses on tactics instead of consequences; Encourages records sharing; and.
Benchmarking way of comparing or checking something by comparison with a trend. Etymologically, it derives from the time period benchmark, a surveyor's mark used as a reference factor in measuring altitudes.
Aggressive benchmarking is the system of comparing your organization in opposition to a number of competitions and the usage of a hard and fast collection of metrics. This is used to measure the performance of an employer and examine it with others through the years. This can frequently include looking at the practice behind those metrics as properly.
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As filtrate passes through the descending loop of henle, which substance is reabsorbed in the largest amount?.
Most of the solute reabsorbed withinside the proximal tubule is withinside the shape of sodium bicarbonate and sodium chloride, and approximately 70% of the sodium reabsorption happens right here.
A U-fashioned loop which contains the filtered fluid deep down into the medulla after which lower back once more into the cortex. This a part of the nephron is known as the loop of Henle. Its main characteristic is to reabsorb water and sodium chloride from the filtrate. This conserves water for the organism, generating particularly focused urine The loop of Henle has a skinny descending limb, a thick ascending limb and a skinny ascending limb.
The fluid getting into the descending limb includes sodium chloride and different salts, urea and different chemical compounds which have been filtered out from the blood. The cells right here are permeable to water and as a consequence the salt and urea attention rises inside the fluid by the point it reaches the bend. The liquid getting into the loop of Henle is the answer of salt, urea, and different materials exceeded alongside through the proximal convoluted tubule, from which maximum of the dissolved additives wanted through the body—particularly glucose, amino acids, and sodium bicarbonate—had been reabsorbed into the blood.
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a firm issues the convertible debt shown above. the price of stock in this company on july 1, 2008 is $37.57. what is the minimum call price that would make a bondholder prefer to accept the call rather than convert? a.par plus 12.1%b.par plus 9.3%c. pard. par plus 14%
The minimum call price that would make a bondholder prefer to accept the call rather than convert is par plus 9.3%.
What is bondholder?A bondholder is typically an investor or owner of bonds issued by a company or government. Bondholders are essentially lending money to bond issuers. In return, bond investors get their principal (original investment) back when the bond matures. For most bonds, bondholders also receive periodic interest price. Investors can purchase bonds directly from issuers. For example, government bonds may be purchased at auction for new issues issued by the US Treasury Department. Bond investors can also purchase previously issued bonds on the secondary market through brokers or financial institutions. Bonds are generally considered a safer investment than stocks. This is because bondholders have a higher claim on the issuer's assets in the event of bankruptcy. In other words, if a company has to sell or liquidate its assets, all proceeds go to bondholders before common shareholders.To learn more about bondholder from the given link :
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not all countries in europe are currently participating in the move to a single european currency, called the euro. how has monetary unification changed the ability of each country that is currently a participant to conduct independent countercyclical monetary policy? it had been rumored that greece would like to exit the euro. what benefits could greece gain in such a move?
A country's ability to implement independent monetary policy is significantly hampered if numerous nations achieve macroeconomic unification by using a common currency (like the euro).
What is an example of a monetary union?The Euros and the CFA Franc are two instances of currency unions that are currently in use. Some nations adopt a foreign exchange in additional to a peg. For instance, El Salvador, Ecuador, and the Caribbean island republics of Bonaire, Sint Eustatius, and Saba all use the U.S. dollar as their legal currency.
As a monetary union, why is the EU?The European Single Currency (EMU) was established in 1999 to promote economic cooperation among EU members (EU). The EMU set monetary exchange prices and introduced the euro as a single currency to replace the exchange rate of the participating nations.
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accidentally hit a utility pole. the cost to repair her car was $2,950, and she has a $500 collision deductible. how much will the insurance company be required to pay for the car repair?
The insurance provider will be obligated to cover the $2,450 cost of the car repair.
Which kind of insurance will cover the cost of your car's repair?In the event of an accident, your auto insurance policy may provide coverage for vehicle damage. However, you are responsible for covering the cost of routine maintenance. That's where mechanical breakdown insurance, commonly referred to as auto repair insurance, comes in.
What transpires if the repair costs exceed the deductible?It represents the sum of money you'll have to spend out-of-pocket for repairs to your car if you have an accident or have your car stolen. Your insurance provider will cover the remaining costs if the cost of the vehicle's repair or replacement exceeds the deductible.
In the given question,
The cost to repair her car= $2,950
Collision deductible= $500
Insurance company be required to pay= $2,950 - $500 = $2,450
The cost of the car repair will cost the insurance company $2,450.
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according to the dual cycle identity model, the formation cycle of identity development includes which of the following?
According to the dual-cycle model, self-identity is a construct made up of five dimensions: commitment making, identification with commitment, investigation in breadth and depth, and ruminative exploration.
What is the dual cycle identity model?Two identity formation processes (exploration in breadth and commitment making) and two assessment processes make up the dual-cycle model developed by Luyckx et al (exploration in depth and identification with commitment). In other words, decisions are made after exploring various life areas.
The establishment of identity commitments, which represent decisions taken in identity-relevant areas, is the primary emphasis of the first cycle. This cycle includes both the broad investigation and commitment-making stages. In a dual cycle, fuel injection begins just as the piston approaches TDC. Due to its lower cut-off ratio than the diesel cycle, the dual cycle will be more efficient than the diesel cycle at the same compression ratio.
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willow has worked for cloud computing inc. in boulder, colorado, for five years. when willow joined cloud computing, she signed an employment contract that contained a covenant not to compete. the covenant states that if willow leaves cloud computing, she will not work for any competitor for two years. willow is approached by centers for computing inc. with a job offer that she simply cannot refuse. centers for computing is located in atlanta, georgia. willow accepts the job with centers for computing, and cloud computing sues willow for violating the covenant not to compete. the result of this lawsuit will probably be that:
The result of this lawsuit will probably be that Willow will be required to pay damages to Cloud Computing for breaching her contract. The amount of damages will likely be based on the harm that Cloud Computing suffers as a result of Willow working for a competitor.
In some cases, courts will also award attorneys' fees and costs to the prevailing party.When one party to a contract breaches their obligations, the other party may sue for damages. The amount of damages awarded will depend on the harm that the breaching party caused to the other party. In some cases, courts will also award attorneys' fees and costs to the prevailing party. In this case, it is likely that Willow will be required to pay damages to Cloud Computing for breaching her contract.
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an example of a positive demand shock is a. a decrease in the money supply. b. a decrease in government spending. c. a decrease in foreign export demand. d. a decrease in the price of imported oil. e. a decrease in tax rates.
An example of a positive demand shock is a a decrease in foreign export demand. Demand is just a consumer's desire to purchase products and services without hesitation and pay the price for them.
Simply said, demand is the number of things that customers are ready and willing to purchase products at various prices over a certain time period. Demand is the consumer's desire and willingness to purchase a product or service at a specific time or over time. Customers must also be able to pay for what they want or need based on their disposable income budget.
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what arethe bankruptcy abuse prevention and consumer protection act of 2005 requires both petition counseling.
To deter people from pursuing bankruptcy by making filing for it more difficult and expensive, as well as less financially advantageous.
After much debate, the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) was approved by Congress in 2005. The new law was created to discourage people from filing for bankruptcy by making it more complex, costlier, and less desirable from a financial standpoint.
IPR economist Matthew and four colleagues compare bankruptcy files in the two years before and after the Bankruptcy Act took effect in order to understand what actually occurred when the law was adopted and offer insight on the argument between those who supported and opposed the law. The 2005 Bankruptcy Act's proponents said that too many people who were capable of repaying their debts were abusing the system by declaring bankruptcy, and that this was raising the cost of consumer credit.
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in 1930, the united states passed the smoot-hawley tariff act, which raised tariffs on imported goods an average of 60 percent. other countries retaliated with similar tariffs and world output declined. the effect of the decline in foreign output on the u.s. aggregate demand curve can be shown by a movement from:
The Smoot-Hawley Act almost doubled import tariffs from outside to the United States. At least 25 nations in response raised their own import taxes on American products. The Great Depression had negative consequences on trade all throughout the world.
What role did tariffs play in the Great Depression?
The cost of manufactured and agricultural items increased due to this levy. Trade with foreign and European countries was finally destroyed by the imposition of this levy. Due to the high tariffs and lack of trade partners, this hurts the American economy and makes the Great Depression worse. The tax resulted in an average 20–25% price rise for imported manufactured items. Imports were overpriced, which encouraged Americans to buy domestically produced goods.
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when workers admire a supervisor because of the way he or she deals with them, the influence is based on:
When workers admire a supervisor because of the way they deal with them the influence is based on referent power.
A leader's capacity to motivate and sway people is the root of referent power, according to the most basic definition. The degree to which people like, respect, and admire a particular leader determines their authority.
One of several varieties of power is referent power. Other types of power include legitimate power, expert power, coercive power, and reward power. John French and Bertram Raven, two social psychologists, first discussed these theories of power in 1959.
The two proposed that referent power would enable leaders to inspire and enthuse followers. This leadership power could persuade people to follow you if you have the right personality traits and interpersonal skills.
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the predictions made by the ad/as model differ from the actual events that occurred after the collapse of the u.s. housing market. why didn't lawmakers allow the economy to self-correct?
The government spends more and taxes less while letting the economy self-correct.
What defines an economy?An economy is a collection of interconnected production and consumption processes that ultimately decide how resources are distributed within a community. The demands of persons who live there and conduct business there are met by the creation and consumption of products and services in their entirety.
What is economy and its types?A system of production and exchange of products is called an economy. A state will fail if its economy is unsustainable. Market economy, authoritarian, and mixed economies are the three primary types of economies. the health of the housing market and investment opportunities in real estate. the capacity for sound financial judgment.
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a company sells a product for $63. variable costs are 60% of sales, and monthly fixed costs are $57,456. answer the following questions:
The margin of safety for April will be 2,280 units or 26.45%.
Margin of safety means a concept of investing in which an investor only purchases securities when their market value is significantly below their intrinsic value.
Initially we should find the value of variable cost
variable cost = 60% x 63 = 37.8
Calculate the breakeven volume we can use this equation
Equation:
Variable costs + fixed costs = Revenue
37.8x + 57,456 = 63x
Thus, we determine the value of x:
63x - 37.8x = 57,456
$25.2x = 57,456
x = 2,280 units
Then, the formula of Margin of safety is:
Margin of safety = Actual sales - Breakeven volume
Margin of safety = 3,100 units - 2,280 units = 820 units
The Margin of safety will be 820 units, if we want to convert it as percentage, the computation is shown below
Percent = (820 units / 3,100 units) × 100 = 26.45%
The question is not complete. The complete question is shown below:
Peach Company sells a single product for $63 with variable costs of $21 per unit. Peach’s total monthly fixed costs are $63,000. During April actual sales were 3,100 units. How much is the margin of safety for April?
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allen air lines must liquidate some equipment that is being replaced. the equipment originally cost $10 million, of which 65% has been depreciated. the used equipment can be sold today for $5 million and allen faces a 25% tax rate. what is the equipment's after-tax net salvage value? enter your answer in dollars. for example, an answer of $1.2 million should be entered as 1,200,000. round your answer to the nearest dollar.
The used equipment after deducting all the taxes and charges would be sold for approximately 3.75million dollars.
How does depreciation work?The accounting method of depreciation can be used to stretch out the expense of a tangible object over the course of its useful life. Depreciation shows how much of an asset's value has been lost via use. It enables businesses to purchase assets over a predetermined time period and profit from those assets.
Is depreciation a cost?Depreciation is a component of almost every company's income statement. Since it is recorded as an expense, it should be taken into consideration anytime an item is calculated for year-end tax purposes or to assess whether it is still viable for liquidation.
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