Answer:
D.Gain, $5,000.
Explanation:
Truck Value = $48,000
Annual depreciation = ( $48,000 - $8,000) / 8 = $40,000 / 8= $5,000
First year (2013) = $40,000 - $5,000 = $35,000
Second year (2014) = $35,000 - $5,000 = $30,000
Third year (2015)= $30,000 - $5,000 = $25,000
Gain = Sale Value - Truck Value (actual) = $30,000 - $25,000 = $5,000
<span>You are given an initial investment of $300 at 4% interest compounded monthly after 8 years. The solution to this question is shown below.
</span>A(t) = P(1+r/n)^nt
A(8) = 300(1+0.04/12)^12(8)
A(8) = 300(1+0.04/12)^96
A(8) = 300(1.033)^96
A(8) = $412.91
Answer:
$195,200 increase
Explanation:
The computation of the amount of the contributed capital increase or decrease is shown below:
Given that
Stock Dividend = Outstanding shares × 20%
= 61,000 Shares × 20%
= 12,200 shares
Now the Value of Stock Dividend is
= Number of Shares × Market Value per share
= 12,200 Shares × $16
= $195,200
There is an increase in the contributed capital
Answer:
Business Market
Explanation:
Cynthia works at an engineering firm in Arizona that installs transmission lines and works with the electrical systems of buildings. She is in charge of strategic planning. Mostly her firm has worked with cities such as Tucson and Phoenix. Once in a while they will receive a major project from the state, such as renovating a government building in the capital. However, Cynthia's firm wants to expand its target market beyond government projects. Under her direction, the marketing team launched an initiative to target more potential clients in different areas. Two areas in which Cynthia would like to expand include colleges and large for-profit businesses. Refer to Scenario 6.1. A market is a group of individuals and/or organizations that have a desire or need for products in a product class and have the ability, willingness, and authority to purchase those products. There are two types of markets. Cynthia's organization targets the.,,,,,
Cynthia's firm is interested in the business markets
A market is a place where buyers and sellers meet to transact goods and services. Business markets are essentially marketplaces corporations/organizations buys raw materials and components for finished products.
In this contest Cynthia's company will be interested in a business market because there are organisations that are in need of what her company produces. They have the capacity and the financial resources to purchase transmission lines and electrical installation services
