Answer:
D. If Hazel sells the chocolate fountain for $3,300, she will have a $1,500 capital gain.
Explanation:
I´m assuming that Hazel is a person that owns this event planning company.
The current book value of the chocolate fountain = purchase cost - accumulated depreciation = $3,000 - $1,200 = $1,800
If the chocolate fountain (or any asset) is sold at a higher price than book value, then a capital gain must be recognized. If the chocolate fountain is sold at a lower price than book value, then a capital loss should be recognized.
$3,300 (selling price) - $1,800 (book value) = $1,500 capital gain
Answer:
4.51%
Explanation:
First, find the yield to maturity(YTM) of the bond; this would be the pretax cost of debt.
Using a financial calculator, input the following;
Face value of the bond ; FV = 1000
Semiannual coupon payment; PMT = (8%/2)*1000 = 40
Present value of bond; PV = -1050
Time to maturity; N = 20*2 = 40 semiannual payments
then compute semi-annual interest rate ; CPT I/Y = 3.756%
The pretax cost of debt = 3.756% *2 = 7.51%
After tax-cost of debt is used for WACC calculation and is therefore as follows;
7.51%(1-0.40) = 4.51%
The rule of specialty contract is that no consideration is necessary to give it validity, even in a court of equity. Simple contract is one, the evidence of which is oral, or in writing, not under seal, or of record.
Answer:
D. It cost you $85 to gas up your car this month. But last month it only cost you $50.
Explanation:
Im pretty sure its:
A. financial institutions
