Emir company purchased equipment that cost $110,000 cash on january 1, year 1. the equipment had an expected useful life of six years and an estimated salvage value of $8,000. emir depreciates its assets under the straight-line method. what are the amounts of depreciation expense during year 3 and the accumulated depreciation at december 31, year 3, respectively?

marketing strategies should be established before marketing objectives are decided. t/f

Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) wacc %

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket