An asset for drilling was purchased and placed in service by a petroleum production company. lts cost basis is $60,000, and it has an estimated MV of $12,000 at the end of an estimated useful life of 15 years. If the expected annual net revenue from this asset is $8,000, what is the after-tax cash flow for year 5 (end of year 5)? The company's paying income tax at the 1500 rate, and the 150% DB method is used for depreciation. Round to the nearest integer.

Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience.type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.120.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.

What is used by accountant to analyze transactions ?

Each row in a database is a set of unique information called a(n) table. record. object. field.