Answer:
The loss amount is "$3,000".
Explanation:
The given values are:
Sale amount,
= $16,000
Ice-cream equipment's cost,
= $90,000
Depreciation,
= $71,000
Now,
The book value will be:
= 
On substituting the values, we get
= 
= 
($)
The loss on the sale will be:
= 
= 
= 
($)
Answer:
E. $41.69
Explanation:
We know,
Value of stock (
) = 
[In case of constant growth model]
= Next year or expected dividend
= required rate of return
g = growth rate = 5.50%
However, as there is no information regarding expected dividend, we will use the alternative formula to calculate the stock's expected price 3 years from today.
= × 
Here, current stock price, = $35.50
Therefore, = $35.50 × 
= $35.50 × 1.1742
Stock's expected price 3 years from now = $41.69 (rounded to two decimal places)
Therefore, option E is the answer.
A job objective <span>A. Persuade the reader to hire you
</span><span>
In a resume, it is important for the person to write down the specific job objective on an application. </span><span>A company would be interested in hiring someone who has clear job objective and purpose for the job.
</span><span>
</span><span>If the company sees that the person's objective matches the people that they are looking for, it would be easy for them to hire and get interested in the background of the employee. </span><span>
</span>
We prioritize it by the number of orders given to a certain directive.
Answer:
$61,500
Explanation:
The computation of ending balance on September 30 is shown below:-
Beginning cash balance = $7,500
Cash receipts from credit sales made in August = $150,000 × 70%
= $105,000
Cash receipts from credit sales made in September = $150,000 × 1.20 × 30%
= $54,000
Cash disbursements from purchases made in August = $100000 × 75%
= $75,000
Cash disbursements from purchases made in September ($120000 × 25%) = $30,000
Ending cash balance September 30 = $7,500 + $105,000 + $54,000 - $75,000 - $30,000
= $61,500
So, for computing the ending balance in September we simply add all cash receipts with beginning cash balance and deduct the cash disbursement.
