<span>The answer is "$100 of interest and $50 of the personal property tax".
</span><span>Mort paid $400 of interest on the van loan
and he paid personal property tax of $200
Now,
Interest = 25% of $400
=25/100 x 400 = 0.25 x 400
Interest =$100
personal property tax = 25% of $200
=25/100 x 200 = 0.25 x 200
</span>personal property tax = $50<span>
</span>
Answer:
Uhhh what type of statement is this, is this a question???????
Answer:
The answer is C.
Explanation:
In a competitive market, all firms produce identical goods and services. No firm or seller can influence the prevailing market price. To increase their revenue, firms must increase their outputs.
In this industry, firms make economic profit(revenue minus accounting cost minus implicit cost) in the short run but this economic profit reduces to zero in the long run because more firms that are attracted by the short run profit can enter the industry freely. Firms can also exit with little or no cost.
Answer:
The value of the stock at start-up = $67.5
Explanation:
According to the dividend valuation model , the current price of a stock is the present value of the expected future dividends discounted at the required rate of return
This principle can be applied as follows:
The value of stock today is the present value of the future return discounted at the required rate of return
The return can be computed as the ROE × Book value of share
Return = 15%× 30 =4.5
Price of stock today = D× (1+g)/r-g
D= current return, g- growth rate, r-required rate of return
DATA: D= 4.5, g= 5%, r= 12%
PV = 4.5× (1.05)/(0.12-0.05)
= 67.5
The value of the stock at start-up = $67.5
