Answer:
Here is the answer!
Explanation:
You are working as a communication specialist for BMW which is releasing a new luxury car in March 2021. BMW have already carried out a market survey and have already determined the price of the product and the targeted audience.
You are working as a communication specialist for BMW which is releasing a new luxury car in March 2021. BMW have already carried out a market survey and have already determined the price of the product and the targeted audience. Now that your company have to start a sale campaign, you have been asked to elaborate with your team the communication strategy for conducting this campaign during spring and summer (From March to August). Write your strategy in almost five pages
Answer:
$7,312.50
Explanation:
The computation of the depreciation expense for 2017 is shown below:
Book Value is
= Cost - Accumulated Depreciation
= $150,000 - {[($150,000 - $24,000) ÷ 12 ] × 7y}
= $150,000 - [($126,000 ÷ 12 ) × 7]
= $150,000 - ($10,500 × 7)
= $150,000 - $73,500
= $76,500
Now the depreciation expense for 2017 :
= ($76,500 - $18,000) ÷ (15 - 7) years
= $58,500 ÷ 8 years
= $7,312.50
Answer:
Component cost of preferred stock is 11.4583 %
Explanation:
Given Data:
Preferred stock selling=96 percent of par.
Annual Coupon =11 percent
Required:
What would be Marme’s component cost of preferred stock?
Solution:
The formula we are going to use is:
Where:
is 11 percent annual coupon
preferred stock selling for 96 percent of par
If we convert the above percentage to dollar using the scale $1=1% then:
=$11
=$96
Component cost of preferred stock is 11.4583 %
Answer:
Two examples of important things that financial planning skills can help us do are:
- Acquire a strong savings habit
- Set realistic goals
Explanation:
Acquire a strong savings habit: This is achievable when a person has a clear understanding of how much are their expenses and how much is needed to be save in order to acquire capital goods or to construct a fund for unexpected costs.
Set realistic goals: When a person knows how much its income is and has a realistic financial planning he knows what goals are achievable and which are not.
