Answer:
y=5x
Step-by-step explanation:
A company which uses the revaluation model for its PPE bought a building on 1 January 2014 for £50m. The building has an estimated useful life of 50 years and nil residual value. On 31 December 2018, the building was revalued at £40.5m and on 31 December 2020 it was revalued for a second time at £39m. The company uses the straight-line method of depreciation for all PPE items. There was no change to the remaining useful life after each revaluation. What is the net effect of both revaluations on the statement of comprehensive income?
Answer:
The net effect of both revaluations on the statement of comprehensive income is a net revaluation loss of £4.20m that will reduce the comprehensive income by the exact amount of £4.20m.
Step-by-step explanation:
This can be determined using the following 3 steps:
Step 1: Calculation of the effect of first revaluation: from 01 January 2014 to 31 December 2018
Building cost = £50
Number of useful life = 50
Revalued amount on 31 December 2018 = £40.5m
Annual depreciation expenses from 01 January 2014 to 31 December 2018 = Building cost / Number of useful life = £50m / 50 = £1m
Number of years from 01 January 2014 to 31 December 2018 = 5
Total depreciation expenses from 01 January 2014 to 31 December 2018 = Annual depreciation expenses from 01 January 2014 to 31 December 2018 * Number of years from 01 January 2014 to 31 December 2018 = £1m * 5 = £5m
Net book value on 31 December 2018 = Building cost - Total depreciation expenses from 01 January 2014 to 31 December 2018 = £50m - £5m = £45m
Revaluation loss from the first revaluation = Net book value on 31 December 2018 - Revalued amount on 31 December 2018 = £45m - £40.5m = £4.50m
Step 2: Calculation of the effect of second revaluation: from 01 January 2019 to 31 December 2020
Revalued amount on 31 December 2020 = £39m
Number of useful life remaining after 31 December 2018 = Number of useful life - Number of years from 01 January 2014 to 31 December 2018 = 50 - 5 = 45
Annual depreciation expenses from 01 January 2019 to 31 December 2020 = Revalued amount on 31 December 2018 / Number of useful life remaining after 31 December 2018 = £40.5m / 5 = £0.90
Number of years from 01 January 2019 to 31 December 2020 = 2
Total depreciation expenses from 01 January 2019 to 31 December 2020 = Annual depreciation expenses from 01 January 2019 to 31 December 2020 * Number of years from 01 January 2019 to 31 December 2020 = £0.90 * 2 = £1.80
Net book value on 31 December 2020 = Revalued amount on 31 December 2018 - Total depreciation expenses from 01 January 2019 to 31 December 2020 = £40.5m - £1.80 = £38.70m
Revaluation surplus from the second revaluation = Revalued amount on 31 December 2020 – Net book value on 31 December 2020 = £39m - £38.70 = £0.30m
Step 3: Calculation of the net effect of both revaluations on the statement of comprehensive income
Net revaluation loss = Revaluation loss from the first revaluation - Revaluation surplus from the second revaluation = £4.50m - £0.30m = £4.20m
Therefore, the net effect of both revaluations on the statement of comprehensive income is a net revaluation loss of £4.20m that will reduce the comprehensive income by the exact amount of £4.20m.
The net effect of the revaluations on December 31, 2018 and December 31, 2020 is that the comprehensive income will reduce by £11 million.
Data and Calculations:
Cost of PPE on January 1, 2014 = £50 million
December 31, 2018:
Revaluation amount = £40.5 million
Revaluation Loss = £9.5 million (£50 million - £40.5 million)
New book value = £40.5 million
December 31, 2020:
Revaluation amount = £39 million
Revaluation Loss = £1.5 million (£40.5 million - £39 million)
New book value = £39 million
Total Revaluation Loss = £11 million (£9.5 + £1.5 million)
Thus, the net effect of both revaluations on the company's statement of comprehensive income is reduction of £11 million.
Learn more: https://brainly.com/question/19518732
PLEASE HELP I WILL MARK BRAINLIEST ITS URGENNNTTTT!!!
Answer:
-6°C
Step-by-step explanation:
(-3) - 3 = -6
There is a word problem and idk how to do it here's the word problem [Kari is making copies at a local store of the program for her school play she makes 52 copies and the total is $6.24. How much did the store charge her per copy] this is in math
Answer:
Unitary cost per copy= $0.12
Step-by-step explanation:
Giving the following information:
Total number of copies= 52 copies
Total cost= $6.24
We need to calculate the unitary cost of each copy. To do that, we will use the following formula:
Unitary cost per copy= total cost / number of copies
Unitary cost per copy= 6.24/52
Unitary cost per copy= $0.12
lake in East Texas was stocked with 3,000 trout in the year 2000. The number of fish in the lake is modeled by f(x) = 3000 + 100x, where x represents the number of years after 2000.
Which of the following is the most reasonable domain and range for the function?
Answer:A
Step-by-step explanation:A
The most reasonable domain and range for the function is x≥0, y≥0. Therefore, option B is the correct answer.
The given function is f(x) = 3000 + 100x.
We need to find which of the following is the most reasonable domain and range for the function.
What is the domain and range of the function?The domain and range are defined for a relationship and they are the sets of all the x-coordinates and all the y-coordinates of ordered pairs respectively. For example, if the relation is, R = {(1, 2), (2, 2), (3, 3), (4, 3)}, then:
Domain = the set of all x-coordinates = {1, 2, 3, 4}
Range = the set of all y-coordinates = {2, 3}
Find the domain by finding where the function is defined. The range is the set of values that correspond with the domain.
Domain: (-∞, ∞) {x|x∈R}
Range: (-∞, ∞) {y|y∈R}
The most reasonable domain and range for the function is x≥0, y≥0. Therefore, option B is the correct answer.
To learn more about the range and domain visit:
https://brainly.com/question/28135761.
#SPJ6
In a chicken farm a diet is given, to gain weight, with a minimum composition of 15
units of a substance A and another 15 of a substance B.
There are only two classes of compounds on the market: type X with a composition of one
unit of A and 5 of B, and the other type, Y, with a composition of five units of A and one of B. The
price of type X is $ 10 and type Y is $ 30.
What quantities of each type must be purchased to cover the needs at a cost
minimum?
Step-by-step explanation:
id-9384026088
password-9999
Fractions help please??
Answer:
3/4
Step-by-step explanation:
how many solutions does the quadratic have? 2x^2+3x-5
Answer:
2 solutions
Step-by-step explanation:
Given
2x² + 3x - 5 ( to solve the quadratic equate it to zero )
2x² + 3x - 5 = 0 ← in standard form
(2x + 5)(x - 1) = 0 ← in factored form
Equate each factor to zero and solve for x
2x + 5 = 0 ⇒ 2x = - 5 ⇒ x = - [tex]\frac{5}{2}[/tex]
x - 1 = 0 ⇒ x = 1
The 2 solutions are x = - [tex]\frac{5}{2}[/tex] , x = 1
What is the length of the unknown side of the right triangle? (1 point)
A) 21
B) 29
C) 400
D) 441
Answer:
The answer is a
Step-by-step explanation:
Which situation does NOT show causation?
A. When the amount of sugar in a quart of apple juice is reduced, there are fewer calories in each serving.
B.When the student population at a school increases, the number of teachers at the school increases.
C.When there are more workers on a project, the project is completed in less time.
D.When there is more protein in an athlete’s diet, the athlete scores more points in a game.
I'LL GIVE YOU BRAINLIEST IF YOUR RIGHT
Answer:A
Step-by-step explanation:
A factory produces 2 bottles of sparkling water for every 8 bottles of plain water. How many bottles of sparkling water does the company produce when it produces 600 bottles of plain water?
Answer:
150
Step-by-step explanation:
600/8*2
please help i will give brainlest
Answer:
Y - (5) = -2 (x - 0)
Step-by-step explanation:
Find a perfect point, in this case I used the y-intercept (0,5), and find the slope. Then plug into the equation y - y1 = m (x - x1) and simplify. This will give you the slope point form of the line.
Answer:
Step-by-step explanation:
Rise over run.
m= (y2-y1)/ (x2-x1)
plug in (2,1) and (1,3)
so the slope is -2
point slope form y=mx+b
m is the slope
y = − 2 x+
30 in
18 in
b
What is the length of the missing leg?
b
inches
Does this table represent a function? Why or why not?
x
2
4
6
8
10
y
1
3
3
4
6
A. Yes, because every x-value corresponds to exactly one y-value.
B. No, because one x-value corresponds to two different y-values.
C. No, because two of the y-values are the same.
D. Yes, because all of the x-values correspond to one or more
y-values.
Solve: 12 + (-13) - 12 - 5
A: 14
B: -12
C: -18
D: 45
Answer:
-18
(i think this is right, sorry if i'm wrong)
Please help asap!!!!!!
vvvvvvvvvvvvvvvvvvvvvvvvv question below vvvvvvvvvvvvvvvvvvvvvvvvvvvv
Answer:
3 units
Step-by-step explanation:
Translating a segment does not change its length.
It is just moving the segment.
HELP! IS THIS RIGHT?
Yes, this is the right answer
what is x and y. use a decimal
Answer:
X= 3/5 Y= -3
Step-by-step explanation:
Answer:
Step-by-step explanation:
m<L =60 angle addition post
MLP is equialateral def of equialateral
5x-3=4 def of equialateral
2y+6=4 def of equialateral
x=1.4 solve
y=-1 solve
can someone please help me with this question? i’m not sure how to write it out. i really need help!!!!
Answer:
attached.
Step-by-step explanation:
Isolate the variable by dividing each side by factors that don't contain the variable.
you will have x+2 >1 and -(x+2) >1
remember when you divide by a negative, you switch the inequality sign. for the second expression, you switch from > to <
For the graph, shade in the areas where the red line is greater than 1 (the green line) on both sides of the V shape.
please give thanks by clicking the heart button! :)
What are the coordinates of vertex J of the pre-image?
O (0, -4)
O (0, -1)
O (0, 0)
O (0,4)
Katarina earns $14.60/hour for regular hours of work. She is paid time and a
half for overtime work. What is her overtime rate of pay?
Answer:
$21.90
Step-by-step explanation:
You start by doing 14.60*1.5 because for overtime work is says she is paid time and a half. When you do the equation, you get $21.90.
Hope this helps!
(19x-18) (7x+1) (10x-9) find x
Answer:
x = 5
Step-by-step explanation:
combine the like terms :)
ARITHMETIC
SEQUENCE
40, 43, 46, 49, 52, ...
Answer:
3
Step-by-step explanation:
Going backwards from 52 to 49 is 3.
Pedro has a student loan of $62,845. This loan has a simple interest rate of 7% per year. What is the amount of interest that Pedro will be charged on this loan at the end of the year?
1. The thickness of a quarter is 24.26 mm, while that of a nickel is 1.95 mm. Find the
difference in the thickness of these two coins.
a) 23.31 mm
b) 22.31 mm
c) 24.21 mm
d) 26.22 mm
Answer:
The answer is B.
Step-by-step explanation:
To find the difference thickness between these 2 coins, you have to minus :
24.26 - 1.95 = 22.31 mm
Answer:
Solution :-We will subtract the thickness of quarter to the nickel
[tex] \tt \: 24.26 - 1.95[/tex]
[tex] \tt \: 22.31[/tex]
Hence :-Option B is correct
help !!!
A car gets 40 miles per gallon of gas. It travels for 5 hours at 60 miles
per hour. How many gallons of gas did it use? *
O 6.75 gallons
O 7.5 gallons
O 3.33 gallons
O 10 gallons
what does 7/18 estimate to 0,1/2,1
Answer: 11/2
Step-by-step explanation:
A painter needs to paint the bottom of a circular pool. The pool has a radius of 30 feet. A store sells 5-gallon cans of paint. Five gallon of paint covers 1500 square feet. What is the smallest number of 5-gallon cans the painter must buy to cover the bottom of the pool?
Answer:
2 cans
Step-by-step explanation:
Given that :
Radius of pool = 30 feets
Using the relation for the Area of a circle :
Area = pi*r^2
Thus,
Area of pool = 3.14 * 30^2
Area of pool = 3.14 * 900 = 2826feet²
Paints are sold in cans of 5 gallon
5 gallon of paint = 1500 feet²
Least number of 5 gallon can required :
2826 feet² / 1500 feet² = 1.884 cans
Hence,
Least number of 5 gallon can required = 2 cans
2. State whether the change is increasing or decreasing. Round your percent of change to the nearest integer percent. originally: 55 tickets presently: 90 tickets tickets
Answer:
The change is increasing with a percentage of change of 64%
Step-by-step explanation:
Since we have the present grater than the original, then the change is increasing
Secondly, we want to calculate the percent of change
Mathematically , that will be ;
(present - original)/original * 100%
= (90-55)/55 * 100%
= 35/55 * 100% = 63.63 which is approximately 64%
will give brainliest if its right
Answer:
answer D
Step-by-step explanation:
A and C have to be equal
B and D have to be equal
A+B+C+D have to equal 360
so, two equations
5y-3=x+3y
4x+5y-3+x+3y=360
4x=156
x=39
5y-3=9+3y
2y=42
y=21
Hope this helps plz hit the crown :D
(x+y,y+3)=(6,2y) find the value of x and y
Step-by-step explanation:
Solution:
Given:-
(X+y,y+3)=(6,2y)
Equating corresponding elements,we get,
X+y=6------(1)
y+3=2y-----(2)
solving equation (2),
y-2y=-3
-y=-3
y=3.
Now, substituting y=3 in equation (1)
X+3=6
X=6-3
X=3
Therefore,. (X,Y) = (3,3)