Answer:
the interest expense for the first year is $10,238
Explanation:
The computation of the first year interest expense is shown below:
= Four equal annual payment × PVA factor of 4 years at 11% × interest rate implicit in the lease
= $30,000 ×3.10245 × 11%
= $10,238
Hence, the interest expense for the first year is $10,238
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The indifference policy advocates that dividends are irrelevant.
Explanation:
The indifference Policy holds that that dividends do not add value to a company’s stock price.
According to this theory, investors do not need to concern themselves with a company's dividend policy since they have the option to sell a portion of their portfolio of equities if they want cash.
This school of thought believes that a company’s declaration and payment of dividends should have little to no impact on the stock price.
Answer:
$15
Explanation:
Terms of 3/15,n/40 means that there is a discount of 3% is available id if the the payment is made within 15 days after sale and net credit period is 40 days. As payment is made within the discount period of 15 days, so the discount will be given on the due amount.
Sales amount = $500
Discount = $500 x 3% = $15
The Digby company would be implementing the broad differentiation strategy based on the information on the question above. This strategy is done by a company by making its product pretty much different than its competitors<span>. Every expanding activity of The Digby Company has shown this characteristic. Thus, this strategy is the most suitable answer.</span>
Answer:
A. In activities and the award in honors
Explanation:
Competition basically composed of varying activities among interested participants. The outcome of such produces some ranking of sorts as to how the participants faired in the activities. However, not all competition produces or confers honors and/or awards. But it can be established that competition involves varying activities.
Honors and awards go hands in hands - as they are recognition of an outstanding display in a class of participants.