Yolanda gets a call from her broker who recommends selling the mutual fund they bought last month because it is performing poorly and buying a different one instead. the broker gave the same advice six months ago. what is her broker most likely engaged in?
select the best answer from the choices provided.
breakpoint violations
creating an index fund
churning
unauthorized trading
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Ответ:
150,000
Explanation:
Cost of equipment = 550,000
Estimated salvage value = 50,000
Useful life = 5 Years
Straight line method yearly depreciation charge = (550000 - 50000)/5
= 500000/5
= 100000
Using the DDb method, Yearly depreciation = 2 × 100000
= 200000
Book value for year 1 = 550000 - 200000
= 350000
Book value for year 2 = 350000 - 200000
= 150000
Book value for year 2 = 150,000