Answer:
$6,366
Explanation:
Calculation for the total business deduction related to the car:
Total business deduction=($10,500x .535) + $850(.80) + $85(.80)
Total business deduction=$5,618+$680+$68
Total business deduction=$6,366
Therefore the total business deduction related to the car is $6,366
Answer:
Net Present Value: 1,661,452,09
Explanation:
The net present value is the presetn value of the revenues less the cost from the company:
revenue: 435,000
interest expense:
250,000 x .073 = <u> (18,250) </u>
net income: 416,750
<u>after tax:</u> 416,750 x (1 - 21%) = 329,232.5
<u>present value</u> of the project (per perpetuity)
329,252.5 / 0.167 = 1,971,452.09
less the cash cost: (310,000)
Net Present Value: 1,661,452,09
Answer:
d. $80
Explanation:
The computation of the other current assets is shown below:
= Total assets - Net Property, Plant, & Equipment - cash - Accounts Receivable - inventory - Other Current Assets
= $1,870 - $1,080 - $90 - $210 - $410 - Other Current Assets
= $80 - Other Current Assets
So, the other current assets would be $80
And, we know that
Total assets = Total liabilities + total stockholder equity
So,
Total assets = $1,870
Question Completion:
Group of answer choices:
a. Due to the possibility of earthquake damage, Gubenator should decline coverage for the Freedom Tower.
b. Given the notoriety of the tower and the likelihood of positive press for providing coverage, Gubenator should insure the Freedom Tower.
c. Gubenator has the financial capacity to issue the policy.
d. Gubenator should insure the Freedom Tower only if it can obtain reinsurance for part of the risk from other insurance companies, since a total loss could be catastrophic to Gubenator.
Answer:
American Builders, Inc (Freedom Tower) and Gubenator Insurance Company
d. Gubenator should insure the Freedom Tower only if it can obtain reinsurance for part of the risk from other insurance companies, since a total loss could be catastrophic to Gubenator.
Explanation:
Option A establishes that the earthquake occurrence is a possibility and not a probability. That means it cannot be reasonably estimated that an earthquake may occur. Gubernator exists to insure property against the occurrence of risky events. It should go ahead and do its business. And it can spread the risk with other insurance companies through Reinsurance. Gubernator is not in the business of looking for cheap publicity, so option B is ruled out. Given that the Freedom Tower will only be one of the many properties insured by Gubernator, we cannot use its current capital to judge its capacity to handle the Freedom Tower; thus ruling out option C.
Answer:
In equity crowdfunding, people invest money in a company in exchange for the company’s shares
Explanation:
Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.
Startups and early-stage companies use this method to raise capital.