On January 1, Year 1, Dade Company paid $23,000 cash to purchase a truck. The truck was expected to have a four year useful life and a $3,000 salvage value. If Dade uses the straight-line method, the amount of depreciation expense recognized on the Year 1 income statement is .

Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.

Take it all away has a cost of equity of 11.11 percent, a pretax cost of debt of 5.36 percent, and a tax rate of 40 percent. the company's capital structure consists of 67 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis. what is the company's wacc

Under t, the point (0,2) gets mapped to (3,0). t-1 (x,y) →