Formula: Interest =Principal ×rate× time. so, P=200 $, r= 5.5% or 5.5/100 =0.055. t,is the time involved ......5 years (s) time periods....so is 5 .....year time periods..... to find the simple interest ,we multiply 200×0.055×5=$ 55.00. to figure it out the new amount after 5 years it will be liked : $200.00 +$55.00=$255.00
Using a loan to pay for stock is called buying on margin
Answer:
$4,000
Explanation:
Intangible assets are usually amortized using the straight line depreciation method.
Depreciation expense = ( Cost - Salvage value) / number of years
= ($50,000 - $10,000)/ 10 = $4000
I hope my answer helps you.
Answer:
A Public company.
Explanation:
A public company can be described as a commercial organization that has its share capital formed by shares, that is, the company sells its shares to the public, who become partners in the company.
The shares of a public company are traded on the stock exchange freely, without the need for any type of public bookkeeping.
The company's shareholders can be composed of any type of person who is interested in buying shares in the company.
Private companies generally become public because of the possibility of obtaining capital, which generates greater revenue for the company and greater possibility for growth and investment in business.
Answer:
True
Explanation:
Market offerings can be defined as a company's complete offer to its customers and target market, including the product it sells, delivery, technical support, etc.
Market myopia happens when the company has an inward looking approach, the company wants to sell what they produce, not what consumers' need and want. This will eventually lead to business failure since the company will not be able to adapt to market changes, e.g. Nokia insisted on manufacturing regular cellphones instead of smartphones because it was the world leader in the manufacturing of regular cellphones.
