Answer:
A tire without good traction has less grip on the road.
Explanation:
during inclement weather, especially snow and ice, even if properly inflated, the tire will spin but not move forward & driver will not have control over the vehicle, causing the vehicle to slip sideways into (other traffic, over the side of the road, possibly falling over a steep decent).
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Answer:
Depreciation expense Office equipment = 1,200.00
Depreciation expense Computer equipment = 5,000.00
Explanation:
The difference between accumulated depreciation represents the depreciation charge that was made during the first quarter of the 2018 accounting year.
Then depreciation charges for the first quarter are calculated as follows:
Depreciation expense Office equipment = 800 – 400 = 400
Depreciation expense Computer equipment = 2,500 – 1,250 = 1,250
Since there are 4 quarters in an accounting year, the depreciation charge in 2018 is calculated as follows:
Depreciation expense Office equipment = 400 * 4 = 1,200
Depreciation expense Computer equipment = 1,250 * 4 = 5,000
Answer:
$23900
Explanation:
Given: Cumulative Preferred stock is 5900 shares of 6% at $50.
Dividend paid in 2019= $11500
First lets calculate the value of preferred stock.
Preferred stock= 
∴ Preferred stock= $17700.
Formula:
Dividend received by preferred stockholder= ![[Preferred\ stock +(Preferred\ stock-Dividend\ paid)]](https://tex.z-dn.net/?f=%5BPreferred%5C%20stock%20%2B%28Preferred%5C%20stock-Dividend%5C%20paid%29%5D)
⇒Dividend received by preferred stockholder=
⇒ Dividend received by preferred stockholder= 
∴ $23900 dividend received by preferred stockholder in 2020.
The biggest losers in that case were the tax payers.
Under the <span> institutional treasury management case, it involved the frauding of millions of dollars that is hidden from a certain investment account.
If not being fraud ,These millions of dollar should've resulted in about 40% tax rate that will be used by the government for the benefit of the taxpayers in the form of welfare or other infrastructures</span>
Answer:
$ 2,621.28
Explanation:
The simple interest I=P*R*T
P is the principal amount of $11,000
R is the simple interest rate of 6%
T is the number of years the interest relates to
I=$11,000*6%*11=$7260
Compound interest:
FV=PV*(1+r)^n
FV is the amount of the deposit in eleventh year
PV is the amount deposited which is $11,000
r is the rate of return of 6%
n is eleven years
FV=$11000*(1+6%)^11=$ 20,881.28
I=FV-PV= 20,881.28-11,000=$ 9,881.28
Difference between interest earned=$9,881.28-$
7260
=$ 2,621.28
