Answer:
<u>a. $13,350</u>
Explanation:
Using straight-line method of depreciation the depreciable value of an assets is expensed over the useful life of the asset equally each year.
Use following formula to calculate the depreciable value
Depreciable value = Cost of asset - Salvage value
Placing values in the formula
Depreciable value = $58,000 - $4,600
Depreciable value = $53,400
Now use following formula to calculate the depreciation value of each year
Depreciation expense = Depreciable value of the asset / Useful life of the asset
Placing values in the formula
Depreciation expense = $53,400 / 4 years
Depreciation expense = $13,350
Answer:
1.37
Explanation:
The computation of the portfolio beta is shown below:
<u>Value Weight Beta Weighted Beta </u>
<u>of Investment of Investment (weight of value × beta)
</u>
$20,000 0.2857 0.8 0.22856
$50,000 0.7143 1.6 1.14288
Total = $70,000 1 1.37
We simply multiplied the weight of investment with the beta of each investment so that the portfolio beta could come
When a person is told that the four-firm concentration ratio in an industry is 20 this means that: C. The four largest firms account for 20 percent of industry sales.
<h3>What is the four-firm concentration ratio?</h3>
The four-firm concentration ratio is a term that refers to the market share of the four largest firms being observed. When the concentration ratio increases, the market industry also experiences a corresponding increment.
Also when this concentration ratio is more than half or 50%, the market can be said to be overly concentrated. So, the response above aptly describes the meaning of the four-firm concentration.
Learn more about market share here:
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Answer: Social responsibility.
Explanation: The action portrayed by Gap Inc. demonstrates an expemplary attitude worthy of emulation which nails down the principle of social responsibility by organizations. This principle looks beyond the profits and revenue generated by the company but also aims to play it's role and ensure that it's actions does not violate or degrade social ethics. The closure of some facilities due to human right violation and subsequent enforcement of compliance with the code and conduct is a strict signal towards the company's strict stance at supporting and enforcing social responsibility.