Free enterprise pretty much says that people can sell whatever they want at a price they choose to whoever wants to but it. Becacuse of this people wanted to go out and make their own businesses where they sold the goods or services they chose to. So yes, I believe free market inspired people to become euntrapenures. For the next question, yes as well. With the amount of people selling different things the economy became more diverse.
<span>A made up
situation I can write is that you could talk about and discuss finances with a financial
advisor or consultant who knows these issues better than you. To make these
communications less stressful, you can comprehend that the consultant is there
to help and is able to help and/or when you get excessively furious, you can
take deep breathes to lessen the stress and make yourself calm.</span>
Answer:
$28,800
Explanation:
Data provided in the question:
The asset is depreciable under the 5 year MACRS category
Depreciation percentages for all six years are:
0.20, 0.32, 0.192, 0.115, 0.115, 0.058
Worth of the asset = $150,000
Now,
Depreciation to be claimed in the year 3 will be
= Worth of the asset × Depreciation percentages for the year 3
here, from the given percentages of the depreciation
the Depreciation percentages for the year 3 is 0.192
= $150,000 × 0.192
= $28,800
Answer and Explanation:
The computation is shown below;
For Year 1
Average inventory = (Beginning inventory + Ending inventory)÷ 2
= ($64,000 + $80,000) ÷ 2
= $72,000
Inventory turnover = Cost of goods sold ÷ Average inventory
= $606,000 ÷ 72,000
= 8.4 times
Days in inventory = 365 ÷ Inventory turnover ratio
= 365 ÷ 8.4
= 43.5 days
For Year 2
Average inventory = (Beginning inventory + Ending inventory) ÷ 2
= ($80,000 + $72,000) ÷ 2
= $76,000
Inventory turnover = Cost of goods sold ÷ Average inventory
= $500,800 ÷ 76,000
= 6.6 times
Days in inventory = 365 ÷ Inventory turnover ratio
= 365 ÷ 6.6
= 55.3 days
Answer:
the value of the cash flow in year 5 is -$48
Explanation:
Cash flow in year 5 include a capital repayment and interest expense.This can be determined by constructing an amortization schedule from the data given.
The first step in constructing the amortization schedule is to find the Yield to Maturity.
Pv = -$600
Pmt = $600 × 8% = $48
P/yr = 1
N = 10
Fv = $600
YTM = ?
Using a Financial Calculator the Yield to Maturity is 8%.
then to determine the cash flow for year 5, we need the coupon amount (interest) and the amount of capital repayment.
Coupon $48
Capital $0
Total $48
Therefore the cash flow in year 5 is -$48.
