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Kamila [148]
2 years ago
5

Shamrock, Inc. recorded a loss of $9800 when it sold a van that originally cost $71000 for $14600. Accumulated depreciation on t

he van must have been $61200. $66200. $24400. $46600.
Business
1 answer:
belka [17]2 years ago
4 0

Answer:

true

Explanation:

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8 0
2 years ago
Linke Motors has a beta of 1.30, the T-bill rate is 3.00%, and the T-bond rate is 6.5%. The annual return on the stock market du
anzhelika [568]

Answer:

cost of capital 16%

Explanation:

SML formula:

Ke= r_f + \beta (r_m-r_f)\\\\Where:\\r_f =$ risk free rate\\r_m= $ market rate\\\beta =non-diversifiable \:risk

r_f = 3%

β = 1.3

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0.03 + 1.3(0.13-0.03)

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4 0
3 years ago
What is a​ firm's gross​ profit? A. the difference between sales revenues and cash expenditures associated with those sales B. t
miv72 [106K]

Answer:

B. The difference between sales revenues and the costs associated with those sales

Explanation:

The amount of profit made by the company after deducting the total costs which have been incurred in the making and the selling of the product is said to be gross profit. The gross profit is calculated by subtracting the amount of revenue and the cost of the goods sold. Fixed cost is not included in the gross profit. It includes only variable costs.

7 0
3 years ago
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