Answer:
$6,250
Explanation:
Cost of machine = $114,800
Salvage value = $14,800
Life of machine = 4 years
Depreciable cost = Cost - Salvage value
= $114,800 - $14,800
= $100,000
Date of purchase = October 1, 2020
Assets used for period in 2020 = 3 months
Annual depreciation:
= Depreciable cost ÷ life of assets
= $100,000 ÷ 4
= $25,000
Depreciation expense for 2020:
= Annual depreciation × (3 ÷ 12)
= 25,000 × (3 ÷ 12)
= $6,250
M1 decreases and M2 doesn't change if Ms. Anniston moves $1,000 from her checking account to her money market account.
<h3>What are M1 and M2?</h3>
Money supply in M1 and M2. Money that is very liquid, such as cash, checkable (demand) deposits, and traveler’s checks, is included in the M1 money supply.
The M2 money supply, which consists of the M1 money supply plus savings and time deposits, certificates of deposits, and money market funds, is less liquid in nature. M2 is a larger definition of money that adds more deposit kinds along with everything in M1.
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Answer:
A high degree of financial flexibility.
Explanation:
A company with a high degree of financial flexibility is better able to survive bad times, to recover from unexpected setbacks, and to take advantage of profitable and unexpected investment opportunities. Financial flexibility is purely an accounting term which is referred as an organization's capability to react to unforeseen circumstances and unexpected expenses. It is assessed by evaluating the organization's use of leverage and cash holdings. It is the capacity of an organization in reacting and adapting to changing financial circumstances.
For retailers, when making decisions regarding place, a key ingredient to success is product placement promotion.
Decisions regarding a place or location are critical to the ultimate success of the retail enterprise. Such as good locations allow ready access, attract large numbers of customers and increase the potential sales of retail outlet. As when promotion in such places increases, so does the sales.
So even slight differences in location can have significant effects on market share and profitability. Deciding where to locate a business has always been important.
Hence, location plays a huge role in attracting and retaining the best customers.
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Answer:
Following are the answer to the given point.
Explanation:
In point A:
Calculating Percentage Return:
In point B:
calculating the Purchase value:
calculating the sale value:
In point C:
calculating the Investmet Return:
In point D:
Due to varying currency rates, the two results are unique. That first return is more important since Joe lives in the United States, so, his real return or how much of his investment will be paid are measured.
