Ace company purchased a machine valued at $328,000 on august 1. the equipment has an estimated useful life of six years or 2.5 million units. the equipment is estimated to have a salvage value of $9,000. assuming the straight-line method of depreciation, what is the amount of depreciation expense that needs to be recorded at the end of the first year?
a. $53,167
b. $22,778
c. $22,153
d. $56,167
e. $54,667

Four analysts cover the stock of fluorine chemical. one forecasts a 6% return for the coming year. the second expects the return to be negative 6%. the third predicts a return of 8%. the fourth expects a 2% return in the coming year. you are relatively confident that the return will be positive but not large, so you arbitrarily assign probabilities of being correct of 35 % comma 8 %, 17 %, and 40%, respectively, to the analysts' forecasts. given these probabilities, what is fluorine chemicals expected return for the coming year

Larissa has also provided the following information. during the year, the company raised $36 million in new long-term debt and retired $20.52 million in long-term debt. the company also sold $22 million in new stock and repurchased $32.4 million. the company purchased $54 million in fixed assets, and sold $6,107,400 in fixed assets. larissa has asked dan to prepare the financial statement of cash flows and the accounting statement of cash flows. she has also asked you to answer the following questions: 1. how would you describe east coast yachts' cash flows? 2. which cash flows statement more accurately describes the cash flows at the company? 3. in light of your previous answers, comment on larissa's expansion plans.

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr