Answer - A (7 years)
WORKINGS
To calculate how long it would take for the new refrigerator to pay for
itself in lower utility costs, the cost of new refrigerator will be divided by lower utility cost per
year
Cost of new refrigerator = $598
TO CALCULATE LOWER UTILITY COST PER YEAR
At a cost of only 12 cents per day
Annual cost will be 12 X 365 = 4380 Cents ($43.8)
Cost saved annually = Cost of old refrigerator – Cost of new
refrigerator.
Lower utility cost per year = $132 – $43.8
Lower utility cost per year = $88.2
How long would it take for the new refrigerator to pay for
itself in lower utility costs?
$598 ÷ $88.2
= 6.78 years
Approximately 7 years
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Answer:
B. Knowing how to prepare financial statements
Explanation:
Hard skills are teachable and measurable abilities in an office writing, reading, or the ability to use computer programs are hard skills
Answer and Explanation:
The classification is as follows
1. Investing activities : Since there is cash received from the sale of equipment so the same is to be shown in the investing activities in a positive amount
2. Investing activities
: Since there is cash paid for buy the long term investment so the same is to be shown in the investing activities in a negative amount
3. Financing activities
: Since the cash is received so the same is to be shown in the financing activities in a positive amount
4. Financing activities : Since the issuance of preferred stock is there so the same is to be shown in the financing activities in a positive amount
5. Financing activities : Since the cash is paid so the same is to be shown in the financing activities in a negative amount
6. Operating activities : Since the cash is received so the same is to be shown in the operating activities in the direct method as a positive amount
7. Operating activities : Since the inventories are purchased so the same is to be shown in the operating activities in the direct method as a negative amount
8. Operating activities
: Since the cash is paid so the same is to be shown in the operating activities in the direct method as a negative amount
9. Operating activities : Since the cash is paid so the same is to be shown in the operating activities in the direct method as a negative amount
10. Investing activities : Since the investment is sold so the same is to be shown in the investing activities in a positive amount
A. Occupational Outlook Handbook.
Answer: d) Dutch auction
Explanation:
Dutch Auction refers to a type of Public Offering in which the issuing company holds a sort of auction and receives bids on the shares that it has in. Using these bids they are able to set a price for the stock which is the highest price received.
However, the bids are based on the amount an investor can buy in terms of quantity and price. The lowest acceptable bid is then charged on all the stock and is called the Uniform auction price which is what Blue Stone paid thereby making this a Dutch Auction.
