You multiply 3 by 120 to get $360 the answer is b. $360
Answer:
The net book value of the company = $3,415,000
Explanation:
<em>The historical cost concept states that assets should be stated at their historical cost. Under this concept, the value of a company is the the net-book value of its assets. The net book value of an asset is its historical cost less the accumulated depreciation to date.</em>
The book value of the delivery company
Net fixed assets $3, 200,000
Net working capital <u> $215,000</u>
Total book value <u> $3,415,000</u>
The net book value of the company = $3,415,000
Answer:
Suave is most likely using<u> below-market pricing</u> or<u> the penetration pricing strategy.</u>
Explanation:
Penetration pricing is one of the pricing strategies used by the companies. In this strategy, the company gains the customer's attention and market shares by offering their products at low price. This increases the demand of the product or service in the future. This strategy involves below-market pricing to sell the products.
Answer:
Holding company.
Explanation:
A holding company normally does not have operations of its own but owns the share of other companies. They form corporate groups, so are referred to as corporate of corporates.
Holding companies work to reduce the risk of the companies they own shares in. For example the shares they hold are protected from the operations of the company, so in times of crisis there is a pool of funds the business can fall back on.
