Answer:
The answer is: B) best efforts approach
Explanation:
To understand the best efforts approach we should about our PE coach that always insisted that the important thing was to give our best and off course it was better if we won, but if we didn't at least we tried real hard.
In this case the best efforts includes a legal contract between Ecclestone and their investment bank by which the bank agrees to do their best effort in selling the stocks at the highest possible price.
Answer:
(D) All of the above
Explanation:
Residents of rich countries are likely to have housing, healthcare and life expectancy in bigger quantities and better quality than residents of poor countries
Answer:
Your opportunity cost of attending a game compared with the opportunity cost facing a college student 10 years ago is:
A) higher, because more games are televised today.
Opportunity costs are the cost of choosing one alternative from another.
In this case, when college students attend college football games they are unable to do other activities, not only while they are at the stadium or going to the stadium, but they are not able to purchase other goods. The cost of those alternatives that are lost are higher now because many college football games are televised now, before if you wanted to see a game you had to go to the game. So a student is now able to watch the game while doing other activities, or saving money for buying something else.
Can this change in opportunity cost account for the decline in college football attendance?
B) Yes, because these changes increase the opportunity cost of watching football games in person.
Even though opportunity costs do not involve actual cash payments, they are still important and individuals do consider them when they are choose one option over another. E.g. imagine if you had to choose between spending a considerable amount of money by attending a game (ticket, gas, beverages, etc.) or watching that game on TV and buying a few clothes instead or going on a date, etc. What option would you choose?
Answer:
Book value= $96,000
Explanation:
Giving the following information:
Pearson Company bought a machine on January 1, 2014. The machine cost $144,000 and had an expected salvage value of $24,000. The life of the machine was estimated to be 5 years.
Annual depreciation= (original cost - salvage value)/estimated life (years)
Straight-line depreciation= (144,000 - 24,000)/5= 24,000
Accumulated depreciation= 24,000*2= 48,000
Book value= 144,000 - 48,000= 96,000
