Answer:
<em>= $1,513,325.</em>
Explanation:
Book value as on date of sale = Cost-Accumulated depreciation
= 7,800,000*(1-0.2-0.32-0.192-0.1152)
= $1,347,840
Therefore gain on sale = 1,560,000 - 1,347,840
= $212,160
So, after-tax salvage value = Sale proceeds - (Tax rate * Gain on sale)
=1,560,000 - (212,160 * 0.22)
<em>=$1,513,325(Approx).</em>
<span><span>Risks is lower
</span><span>Family and friends support
</span><span>Easier to allocate time resources
</span><span>Hiring young employees
</span><span>Lower costs
</span>Business innocence</span>
Answer:
D. an increase in the price of a good causes a decrease in market demand for that good.
Explanation:
First, if prices decrease, then people will feel wealthier and consume more and the aggregate demand increases. (Pigou´s effect)
Second, if interest rates decrease available domestic investors will invest in foreign countries where return (interest rates]) on investments are higher. If domestic investors invest in foreign countries the supply of dollars will increases. This will decrease the real exchange rate and then exports will be affected in a positive way; exports will increase and thus the aggregate demand.
Third, when the price level is down, consumers demand less currency, which means that they will keep more money in their bank accounts. If banks have more money, then the interest rate for loans decrease. If interest rates decrease, the cost of investment decreases too. Then, if the price for investment decreases, the demand for it increases and the aggregate demand decreases too.
Answer:
b. 3.0 : 1
Explanation:
Current ratio is used to measure a company's financial ability to pay short-term obligations or those due within one year. It is measure by Current asset/Current liability
The Current ratio = $300,000 / $100,000 = 3.0 : 1
Note: The higher the quick ratio, the better the company's liquidity position.