The risk of expropriation of a foreign subsidiary's assets by the host country is Political Risk
Answer:
Stanley's Bicycles contribution margin is $7,500
Explanation:
<u>Stanley's Bicycles Contribution Margin Income Statement for the month of June</u>
Sales ($750 x 200) $150,000
Less Variable Costs :
Costs of Sales ($600 x 200) $120,000
Commissions ( $150,000 x 15 %) $22,500 ($142,500)
Contribution $7,500
Less Fixed Costs
Rent $1,400
Salaries $3,000 ($4,400)
Net Income $3,100
Conclusion
Contribution Margin is Sales less Variable Costs. Therefore, Stanley's Bicycles contribution margin is $7,500
Answer:
Year 2= $3,333.33
Explanation:
Giving the following information:
A company purchased a computer system for $24,000. The estimated useful life is 6 years, and the estimated residual value is $9,000.
To calculate the depreciation expense for the second year, we need to use the following formula for year 1 and 2:
Annual depreciation= 2*[(book value)/estimated life (years)]
Year 1= 2*[(24,000 - 9,000)/6]= 5,000
Year 2= 2*[(15,000 - 5,000)/6]= 3,333.33
Assume an investor thinks the stock market is about to undergo a sharp retreat. under these conditions, the investor’s best course of action would be to interest rate future.
Buyers and sellers can trade equity shares of public firms in stock exchanges. Due to their ability to democratize access to investor trading and capital exchange, stock markets are essential elements of a free-market economy. Prices are discovered and traded in stock markets in an efficient manner.
Shares of publicly traded corporations are traded in stock market. In an initial public offering (IPO), corporations sell shares to the general public on the primary market in order to raise money.
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The officer responsible for managing the firm's cash flows is the <span>treasurer</span>.