Answer:
The answer is: Yes
Explanation:
The money Alice paid in 1985 ($20,000) is considered a sunk cost.
A sunk cost is money already spent that cannot be recovered.
So if Alice decides to buy the land or not, she will not recover a cent from the $20,000 she paid before.
Since the current price of the land is $110,000 and Alice can purchase it for $100,000, then she should buy it. She is going to earn a $10,000 profit.
The financing cost of Clemson to secure the investment will be $2.2875 million.
<h3>How to calculate the financing cost</h3>
From the information, we've to calculate the simple interest first. This will be:
= PRT/100
= (30 × 0.75 × 8.5)/100
= 1.9125 million
The fee is 1.25% of the issue size. This will be:
= 1.25% × $30 million
= $375000
Therefore, the financing cost will be:
= $1.9125 million + $0.375 million
= $2.2875 million
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The regulation that most likely to apply would be <span>Health Insurance Portability and Accountability Act (HIPAA) The regulation was first created by President Bill Clinton in 1996. It requires all employers to create database on electronic transactions and health insurance plans of all employees in order to regulate the pre-tax medical spending accounts.</span>
Answer:
the weekly depreciation is $38.46
Explanation:
The computation of the weekly depreciation is shown below;
Given that
The Purchase value of the lathe is $20,000
Useful life is 10 years
So, the annual depreciation is
= $20,000 ÷ 10 years
= $2,000 per year
Now the weekly depreciation is
= $2,000 ÷ 52 weeks
= $38.46
Hence, the weekly depreciation is $38.46