Answer:
$328000
Explanation:
Given: Cost of machine= $880000
Residual value= 60000
Estimated life= 10 years
Company use straight line depreciation method.
∴ Depreciation =
⇒ Depreciation=
∴ Depreciation= per year.
Now, lets find the value of depreciation.
∵ Machine is sold on December 31, 2019, which is 6 years after it is installed.
∴ Depreciation value after 6 years=
Depreciation value after 6 years=
Next, finding the value of machine after 6 years of depreciation.
Value of machine after 6 years=
∴ Disposal value of machine after 6 years of usage is , however, machine was sold at $225000.
<span>Cash advance fee:
2% of $200 = 0.02 * 200.00 = $4.00
One month's interest, if the interest is compounded monthly:
18% of $204.00, divided by 12 months/year = 0.18 * 204.00 / 12 = $3.06
Total paid:
$200 + $4 + $3.06 = $207.06
Paying directly with the card instead of borrowing cash would have saved the $4 charge and would also have reduced the interest from $3.06 to $3.00.
Paying directly with the card and then paying before the billing cycle would also save the $3.00.She would only have paid the original $200, saving the whole $7.04.
Effect of paying directly with the card and paying it off before the billing cycle: $200 total paid, saving $7.04 in fees and interest.</span>
The major antitrust acts of the United States include:
- Sherman Act of 1890
- Clayton Act of 1914:
- Federal Trade Commission Act of 1914
Antitrust law refers to the collection of governmental laws that help in the regulation of businesses in order to prevent monopoly and improve competition.
The major antitrust acts include:
- Sherman Act of 1890: Every form of contract or conspiracy regarding trade restraint was outlawed.
- Clayton Act of 1914: It was passed by Congress in 1914. Unethical business practices were outlawed. Monopolies and price-fixing were banned.
- Federal Trade Commission Act of 1914: It was put into law by President Wilson in order to prevent the unfair method of competition and illegal acts that disrupts commerce.
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Answer:
The aim of financial management is the maximization of shareholder's wealth. Shareholder's wealth takes into consideration dividend payments and capital appreciation to the shareholders.
The concept of stakeholders take into account shareholders, customers, suppliers, employees and workers of an organization and is thus a wider concept.
Focusing merely upon current stock value i.e current market value is short sightedness from the point of managers. Managers should rather focus upon long term implications of the projects and financing decisions.
More attention should be assigned to the long term performance and efficiency of a firm with respect to dividend and investment decisions which cast a long term bearing on the operations and performance of a firm.