Answer:
B. the availability of money for conversion into currency
Explanation:
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Answer:
Setting up a business with the aim to make a profit.
is the correct answer
Answer:
A. $1,075,000
B. No
Explanation:
A. Calculation for the book value of the equipment
Using this formula
Book value of the equipment=Equipment account -Accumulated depreciation—equipment account
Let plug in the formula
Book value of the equipment= $3,150,000-$2,075,000
Book value of the equipment=$1,075,000
Therefore the book value of the equipment will be $1,075,000
(b) NO the balance in the accumulated depreciation account does NOT mean that the equipment's loss of value is the amount of $2,075,000.
Answer:
A. The WACC that should be used in capital budgeting is the firm's marginal, after-tax cost of capital
Explanation:
