Answer:
a. Book value is greater than cash received.
Explanation:
Book value of an asset is the cost of an asset less accumulated depreciation
Cash received is the price the asset is sold for.
If the asset is sold for less than its book value, it is sold at a loss
If an asset is sold for more than its book value, it is sold at a gain
Answer:
The net income is $150,500 and the return on assets is 20.06 %
Explanation:
The formula for computing net income and return on assets is shown below and the computation is also made.
Net income = Sales revenue × Profit margin
= $2,150,000 × 7%
= $150,500
Return on assets = Net income ÷ total assets
= $150,500 ÷ $750,000
= 0.2006
= 20.06 %
Thus, the net income is $150,500 and the return on assets is 20.06 %
Answer:
High context cultures are heavily dependent on non verbal cues and subtle situational cues while communicating with others. In such cultures a person's reputation, prestige, status in society are considerably important.
Explanation:
In high context cultures are complete contrast to low context. In low context cultures, communication takes place clearly through language and rules of communication are clearly stated. While on the other hand in high context cultures, communication is subtle through body language, tone of voice, person's status etc. The use of contextual elements is more.
Answer:
<em>Companies, both private and public which are registered in India under the Companies Act 1956, are liable to pay corporate tax. For the assessment year 2014-15, domestic companies are taxed at the rate of 30%.</em>
Explanation:
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Answer:
Ranking 10% interest rate:
1) 5 years
2) 10 years
3) 1 year
Raking 2% interest rate:
1) 10 years
2) 5 years
3) 1 year
Raking 18% interest rate:
1) 1 year
2) 5 years
3) 10 years
Explanation:
You have to apply to bring the amount of money to present value, according with the information, the formula is the next:
Present Value = Future Value/((1+ interest rate)^(n))
Where n is the number of years that you have to wait to receive the money.
You have to calculate every situation with the respective amount of time and interest rate, the result must be money. and when you get the 9 results, you have to compare every situation and chose the higher amount of money according to the interest rate, for example:
Present value = 140/ ((1+10%)^(1))= 127
= 140/ ((1+10%)^(5))= 149
= 140/ ((1+10%)^(5))= 135
So the answer for the first scenario with an interest rate of 10% is:
Ranking 10% interest rate:
1) 5 years
2) 10 years
3) 1 year
