Answer:
Manufacturing jobs decrease relative to the service sector because manufacturing can be greatly economized and the service sector cannot. The decrease in ...Manufacturing jobs decrease relative to the service sector because manufacturing can be greatly economized and the service sector cannot. The decrease in ...Manufacturing jobs decrease relative to the service sector because manufacturing can be greatly economized and the service sector cannot. The decrease in ...Manufacturing jobs decrease relative to the service sector because manufacturing can be greatly economized and the service sector cannot. The decrease in ...Manufacturing jobs decrease relative to the service sector because manufacturing can be greatly economized and the service sector cannot. The decrease in ...Manufacturing jobs decrease relative to the service sector because manufacturing can be greatly economized and the service sector cannot. The decrease in ...Manufacturing jobs decrease relative to the service sector because manufacturing can be greatly economized and the service sector cannot. The decrease in ...Manufacturing jobs decrease relative to the service sector because manufacturing can be greatly economized and the service sector cannot. The decrease in ...Manufacturing jobs decrease relative to the service sector because manufacturing can be greatly economized and the service sector cannot. The decrease in ...Manufacturing jobs decrease relative to the service sector because manufacturing can be greatly economized and the service sector cannot. The decrease in ...Explanation:
Answer:
Annual depreciation= $5,660
Explanation:
Giving the following information:
Purchase price= $25,740
Salvage value= $3,100
<u>First, we need to calculate the accumulated depreciation before the change in useful life:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (25,740 - 3,100) / 8
Annual depreciation= $2,830
Accumulated depreciation= 2,830*4= $11,320
<u>Now, we can calculate the new depreciation expense:</u>
<u></u>
Annual depreciation= (25,740 - 11,320 - 3,100) / 2
Annual depreciation= $5,660
Answer:
Businesses use three types of profit to examine different areas of their companies.
1. Gross profit subtracts variable costs to revenue for each product line. Variable costs are only those needed to produce each product, like assembly workers, materials, and fuel. It doesn't include fixed costs, like plants, equipment, and the human resources department. Companies compare product lines to see which is most profitable.
2. Operating profit includes both variable and fixed costs. Since it doesn't include certain financial costs, it's also commonly called EBITA. That stands for Earnings Before Interest, Tax, Depreciation, and Amortization. It's the most commonly used, especially for service companies that don't have products.
3. Net profit includes all costs. It's the most accurate representation of how much money the business is making. On the other hand, it may be misleading. For example, if the company generates a lot of cash, and it's invested in a rising stock market, it may look like it's doing well. But it might just have a good finance department, and not be making money on its core products.
Explanation:
Answer:
Price of TCF Capital = $19.6363 rounded off to $19.64
Price of TAYC Capital = $17.6363 rounded off to $17.64
Explanation:
The value of current price of a preferred stock can be calculated using the formula for perpetuity. A preferred stock qualifies as perpetuity because its dividend payments are of a constant amount, are paid after equal intervals of time and are for an indefinite time period. The formula for price of the stock is as follows,
P0 = Dividend / r
Where,
r is the required rate of return
Price of TCF Capital = 2.16 / 0.11
Price of TCF Capital = $19.6363 rounded off to $19.64
Price of TAYC Capital = 1.94 / 0.11
Price of TAYC Capital = $17.6363 rounded off to $17.64