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3 years ago

Which of the following elements influence your view of the financial world?

Business

1 answer:

Basile [38]3 years ago

4 0

<h2>All the given options stands right.</h2>

Explanation:

Option 1:

When we spell the word "finance", the first vocabulary that comes to everyone's mind is the risk involved. There is always risk factor associated with investing of money/ doing a business. So we need the skill of tolerance when there is a loss.

Option 2:

The belief that we have on the financial aspect, decides our financial status. So the better control leads to good financial status.

Option 3:

This is essential for everyone who handles money. Knowledge on personal finance will guide the individual to handle money in an effective way.

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Pell Company acquires 80% of Demers Company for $500,000 on January 1, 2010. Demers reported common stock of $300,000 and retain

natulia [17]

Answer:

$74,400

Explanation:

Pell Company

Pell's income from Demers for the year ended December 31, 2010

Controlling Interest Share of Net Income for 2010- Excess Fair value Annual Amortization

Controlling Interest Share of Net Income for 2010= ($100,000 × .80) $80,000

Less Excess Fair Value Annual Amortization =($7,000 × .80) $5,600

Pell Income= $74,400

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3 years ago

Using the Base Case, calculate total depreciation expense for the year 2023E. Assume that depreciation expense on assets pre-202

balu736 [363]

Answer:

b) $33,000

Explanation:

Capital Expenditure = $20,000

Salvage Value in % = 10%

Useful Life = 4 Years

Salvage Value = Salvage Value% * Capital Expenditure

Salvage Value = 10% * 20,000

Salvage Value = $2,000

Annual Depreciation = (Capital Expenditures - Salvage Value) / Useful Life

Annual Depreciation = ($20,000 - $2,000) / 4

Annual Depreciation = $18,000 / 4

Annual Depreciation = $4,500

Depreciation of 2023E = Depreciation Pre 2020E + Depreciation on capital expenditures in 2020E + Depreciation on capital expenditures in 2021E + Additional Depreciation on capital expenditures in 2022E + Additional Depreciation on capital expenditures in 2023E

Depreciation of 2023E = $15,000 + $4,500 + $4,500 + $4,500 + $4,500

Depreciation of 2023E = $33,000

7 0

3 years ago

Help please!!!! will mark brainlest!!

alina1380 [7]

Answer:

For centuries the guideline for business transactions was the Latin term “caveat emptor” (let the buyer beware). This principle suggests that the seller is not responsible for the buyer’s welfare. In other words such principle gives the buyer the sole responsibility for checking the quality and suitability of the goods that he is buying from the seller before making a final purchase.

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3 years ago

Consider this scenario. During the early 2000s, the Midwestern United States experienced a drought, or lack of rainfall. This ru

Nikitich [7]

A. increase the price of tortillas

3 0

3 years ago

Read 2 more answers

Sardi Inc. is considering whether to continue to make a component or to buy it from an outside supplier. The company uses 17,000

MA_775_DIABLO [31]

Answer:

$24.21

Explanation:

Direct materials $8.20

Direct labor 8.30

Variable manufacturing overhead 1.2

Fixed manufacturing overhead (70% × $4.30 is avoidable) = 3.01

8.2 + 8.3 + 1.2 + 3.01 = 20.71

Relevant manufacturing cost = $20.71

$7.00 per unit ÷ 4 minutes per unit = $1.75 per minute

$1.75 per minute × 2 minutes = $3.5

$20.71 + $3.5

= $24.21

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3 years ago