Answer:
$122,800
Explanation:
For computing the after-tax cash flow, first we have to determine the loss on sale a fixed asset which is shown below:
Loss on sale of the fixed asset would be
= Selling Price - Book Value
= $115,000 - $135,000
= -$20,000
And the tax rate is 39%
So the tax credit would be
= $20,000 × 39%
= $7,800
Now the after-tax cash flow of this sale would be
= Sale price + tax credit
= $115,000 + $7,800
= $122,800
Answer:
The Entrepreneurial personality trait i have is <em>Risk Taking. </em><em> </em>And Yes, one can develop such characteristics.
Explanation:
As of now, I have recognized that I am a <em>Risk Taker, </em>which is an essential trait to be an entrepreneur. Because there would be lots of hurdles in the way, and I would be required to make quick decisions for impose great risk for me and I like to take that.
Developing characteristics:
- Decision Making.
- Planning.
- Open Mind.
- These entrepreneurial personality traits I believe can be developed. Because there is a study which tells that to learn something new it requires 10000 hours, so, it's really not a rocket science, and only practice is required.
To learn decision making, one needs to take decisions often, he will surely fail but then that's what it is about taking risk being confident.
Answer:
Explanation:
Lerner Index = -1 / Elasticity of demand = (P - MC) / P
(1) Canada:
- 1 / Ec = (21.4 - 1.20) / 21.4
- 1 / Ec = 20.2 / 21.4
- 1 / Ec = 0.9344
Ec = -1 / 0.9344
Ec = - 1.059
(2) Japan:
Lerner Index = -1 / Elasticity of demand = (P - MC) / P
- 1 / Ej = (32 - 1.2) / 32
- 1 / Ej = 30.8 / 32
- 1 / Ej = 0.9625
Ej = -1 / 0.9625
Ej = - 1.039
Answer:
$88,000
Explanation:
(1,000 units × $100 estimated warranty cost per unit) $100,000
Therefore:
($100,000 - $12,000 actual warranty costs incurred during the first year) $88,000
Liability for warranty costs is recognized when the related revenue is recognized. In a situation were the warranty covers a period longer than the period in which the product is sold, the entire liability for the expected warranty costs must be recognized on the day the product is actually sold.
Therefore in the first calendar year a warranty liability of $100,000 (1,000 units × $100 estimated warranty cost per unit) was recognized. Actual payments for warranty costs reduce the amount of warranty liability recognized. Thus, at the end of the first calendar year, the balance of the warranty liability is $88,000 ($100,000 warranty liability initially recognized - $12,000 actual warranty costs incurred during the first year).
