Answer:
$1,200
Explanation:
Actual Cash Value defined either as i) the fair market value of the item, or ii) the Replacement Cost of the item minus depreciation based upon the age of the item that was damaged.
Replacement cost = $2,000
Depreciation= 3 years remaining of it's life = 3/5 × 100 = 60%
Actual cash value = $2,000 × 60% = $1,200.
Answer:
Increase.
Explanation:
We know,
Coupon rate > yield to maturity = Premium or > Market price
Here,
Coupon rate = 5%
Interest rate or YTM = 4%
From the formula,
We can say that as the coupon rate is greater than YTM, the market price of a $1000 issued bond will be increased. We can say that the bond is selling at a premium price because the interest rate is decreasing.
Answer:
graciously accept the blame for not making her meaning clear.
Explanation:
In business communication when the message being passed is not clearly understood for one reason or the the other (in this case because of language barrier). The polite action to take is first to graciously accept blame for not passing the message across clearly, then find a solution to the communication gap.
Talking louder to the other party will be the wrong step to take as it will appear rude, so offer an apology which will give a positive environment.
The other options of ending the conversation and asking an Italian business man to explain what you mean in simple terms will be taken as a slight.
Answer:
a. True
Explanation:
Under the U.S corporate tax laws, when a taxpayer transfers property subject to a mortgage to a controlled corporation in an exchange qualifying under section, § 351, the transferor shareholder’s basis in stock received in the transferee corporation is increased by the amount of the mortgage on the property.
Answer:<u><em> $14 million is the amount that should be reported as the net investment in capital assets in the government-wide statement of net position.</em></u>
<u><em>Inventory is not a capital asset also the liability in regards to acquisition of inventory is left out. In this case capital assets are in regards with the roads and equipment. </em></u>