Answer: Competitive advantage.
Explanation:
It is the advantage a company has over their competitors that allows them to produce goods and services of the same or even better quality and benefit as their competitors but at lower price level. This is important because it gives a company an edge over their competitors.
Competitive advantage is characterised by customer services, quality product and service, quality braiding, good distribution network.
Based on the interest rate given, the deal that was tossed by the quarterback will be $107.36 million.
<h3>What is an interest rate?</h3>
It should be noted that an interest rate simply means the amount that's charged by a lender. It's a percentage of the principal.
In this case, since the interest rate has been given, the kind of deal that was tossed will be:
= (3.5 + 7.6/1.11) + 18.6)1.11² + 25.2/1.11³ + 25.5)/1.11⁴ + 25.6/1.685
= 107.34 million
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Answer:
The depreciation expense for year 1 is $16,000
Explanation:
Depreciation: The depreciation was occurred due to tear and wear, obsolesce, time period, etc
Under the straight-line method, the depreciation should be charged with the same amount over the useful life.
The calculation is shown below:
=
=
= $16,000
The depreciation should be charged for $16,000 in year 1. Moreover, it is shown in the income statement in the debit side and in the cash flow statement also.