A company acquired a delivery truck on October 1, Year 1, for $20,000. The company estimates a residual value of $1,800 and a six-year service life. It expects to drive the truck 130,000 miles. Actual mileage was 4,700 miles in Year 1 and 18,400 miles in Year 2. Required: Calculate depreciation expense using the activity-based method for Year 1 and Year 2, assuming a December 31 year-end. (Do not round your intermediate calculations.)

If a bond is issued at a premium the effective interest rate is most likely

Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?

Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate.a. after a long search, jon finds a job.b. tyrion, a full-time college student, graduates and is immediately employed.c. after an unsuccessful job search, arya gives up looking and retires.d. daenerys quits her job to become a stay-at-home mom.e. sansa has a birthday, becomes an adult, but has no interest in working.f. jaime has a birthday, becomes an adult, and starts looking for a job.g. cersei dies while enjoying retirement.h. jorah dies working long hours at the office.