(composite depreciation) presented below is information related to lebron james manufacturing corporation. instructionsasset cost estimated salvage estimated life (in years)a $40,500 $5,500 10b 33,600 4,800 9c 36,000 3,600 9d 19,000 1,500 7e 23,500 2,500 6(a) compute the rate of depreciation per year to be applied to the plant assets under the composite method.(b) prepare the adjusting entry necessary at the end of the year to record depreciation for the year. (c)prepare the entry to record the sale of asset d for cash of $4,800. it was used for 6 years, and depreciation was entered under the composite method.

Why is investing in a mutual fund less risky than investing in a particular company’s stock?

Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.