Answer:
.
Explanation:
Entrepreneurs innovate sometimes by commercializing inventions and ideas. They look for new business opportunities and find resources they can use in exploiting them. Commercializing an invention was done by Jeff Bezos in this instance. He saw the distribution opportunities available in the internet, and with the growing percentage increase of the internet users per month, he decided to create Amazon. He transformed the invention of the internet into the innovation of Amazon.
The ability to posses this characteristics is one of the qualities of a good entrepreneur.
Answer:
$65.85
Explanation:
Calculation for What should the offer price be
Using this formula
Offer price=(Preferred stock× Liquidating value)/Return
Let plug in the formula
Offer price = (0.054 × $100) / 0.082
Offer price=5.4/0.082
Offer price = $65.85
Therefore the offer price should be $65.85
As a member of the Federal Reserve Board, in an inflationary situation I would suggest a change in the federal funds rate that would be accomplished by raising the base interest rate of the US economy. This would make bonds more attractive and people would stop consuming to invest in public debt securities. In addition, raising interest rates would discourage credit, causing banks to lend less. Since inflation is a monetary phenomenon caused by the excess of currency in circulation, these measures would have a downward effect on inflation, as they reduce the amount of money in circulation in the economy.
Answer:
$4366.67
Explanation:
Given: Asset book value on july 1, year 3= $57800
Salvage value= $5400
Useful life left= 6 years.
Now, computing the depreciation expense under straight line method.
Formula; Depreciation= ![\frac{Asset\ book\ value - salvage\ value}{useful\ life}](https://tex.z-dn.net/?f=%5Cfrac%7BAsset%5C%20book%5C%20value%20-%20salvage%5C%20value%7D%7Buseful%5C%20life%7D)
Useful life in months= ![6\times 12= 72\ months](https://tex.z-dn.net/?f=6%5Ctimes%2012%3D%2072%5C%20months)
Next, Depreciation expense= ![\frac{57800-5400}{72} = \$ 727.77](https://tex.z-dn.net/?f=%5Cfrac%7B57800-5400%7D%7B72%7D%20%3D%20%5C%24%20727.77)
∴ Monthly depreciation expense= $ 727.77
Depreciation expense for last six months of year 3= ![727.77 \times 6= \$ 4366.67](https://tex.z-dn.net/?f=727.77%20%5Ctimes%206%3D%20%5C%24%204366.67)
∴ Depreciation expense for last six month of year 3 is $4366.67.