How much depreciation will blip write off in year

Assignment Help Financial Management

Reference no: EM13730473

Blip Ind. purchased a new Bobber for $23,999. The new Bobber will be depreciated straight-line to $3,400 salvage over 6 years. How much depreciation will Blip write off in year 5?

$4,792.24

$2,143.11

$3,433.17

$3,999.87

Reference no: EM13730473

Questions Cloud

Investment opportunity promises a stated interest rate : If interest rates are positive, the present value of a future lump sum of $100 will be. An investment opportunity promises a stated interest rate of 6 percent with semi-annual compounding. Which of the following statements is most correct?

Determinant of an investments portfolio risk : The most important determinant of an investment's portfolio risk is which of the following? If a bank pays quarterly compounding on its savings accounts, the ending amount after one year on a $1,000 deposit will be less than if the bank paid annual c..

Does it appear that sbh has an overall marketing plan : Does it appear that SBH has an overall marketing plan, Does it appear that SBH had a significant grasp of the nature of marketing

What is the yield to maturity of a zero coupon bond : What is the yield to maturity (YTM) of a zero coupon bond with a face value of $1,000, current price of $730 and maturity of 7 years? Recall that the compounding interval is 6 months and the YTM, like all interest rates, is reported on an annualized ..

How much depreciation will blip write off in year : Blip Ind. purchased a new Bobber for $23,999. The new Bobber will be depreciated straight-line to $3,400 salvage over 6 years. How much depreciation will Blip write off in year 5?

What is the standard deviation two-stock portfolio : What is the standard deviation of the following two-stock portfolio where A and B are equally weighted? E (R ) A: 25% B.12% STD A:30% B.20% Coefficient Correlation -.8 Portfolio STD?

Brief description of the support idea : After each student has found the 3 examples, the partners should meet and choose ONE different company, A brief description of the support idea and why you think it is applicable for this company

What are sensing mechanisms : Consider Reading, Getting Information from Employees Who Know to Those Who Can and Will Respond. Develop a research paper that addresses the following:

Eclipse czt latex a final pdf from the czt latex is needed : Eclipse czt latex a final pdf from the czt latex is needed - codes to the specification to run on eclipse

User Account

All Pages