Answer/Explanation:
In the statement given the problem is specified as the discouragement for med students to take lower paying but needed jobs because of the high student debt. This issue has been analyzed from several sectors of society and even by professionals in other areas that experience similar situations.
Some of the solutions proposed for this problem are to make higher education free of cost or partially subsided by the government (like it is in other countries).
Other Sources mention collages should have lower fees. However, there are further implications in this subject that need to be considered.
Credit limit refers to the maximum amount of credit a financial institution extends to a client through a line of credit as well as the maximum amount a credit card company allows a borrower to spend on a single card.
Hope this helps
Answer:
The correct answer is (A)
Explanation:
Soft drink manufacturing industry faces a high threat of substitutes. Not many soft drink brand exit the market but many new companies and brand enter. Similarly, that is the reason why prices of soft drink do not fluctuate as compare to other food items. The competitive environment in the soft drink industry creates a high threat of substitutes.
Answer:
There is loss of $109,120
Explanation:
Lossrecognized=Marketvalue−Purchasevalue
=$1773200-1364000
Therefore, loss recognized by “M” Corporation is $409,200
Determine the gain or loss of A:
LossbyA=Purchasevalue−Liability−ActualbasisofM
=[($1364000-$1091200)×40%]−$218240
=$109120−$218240
=($109,120) loss
Answer:
Depreciation expense 2019= $17,062.5
Explanation:
Giving the following information:
Purchase price= 102,000
Useful life= 8
Salvage value= 11,000
To calculate the depreciation expense under the double-declining balance, we need to use the following formula:
Annual depreciation= 2*[(book value)/estimated life (years)]
2018= 2*[(102,000 - 11,000)/8]= $22,750
2019= 2*[(91,000 - 22,750)/8]= $17,062.5
