The answer is 391 667
I think it is right so be sure to check just in case
good luck
Answer:
Gain= $63,000
Explanation:
<u>First, we need to calculate the book value:</u>
<u></u>
Book value= purchase price - accumulated depreciation
Book value= 250,000 - 35,000
Book value= 215,000
<u>Now, the gain or loss from the sale:</u>
Gain/loss= selling price - book value - selling expense
Gain/loss= 290,000 - 215,000 - 12,000
Gain= $63,000
I think it would be D-Reduce expences
While a high share price discourages trading in the company's stock, it advertises the company's stellar performance to existing and potential investors.
A high share price also discourages corporate takeovers, assuring the jobs of senior management. Existing investors can realize some quick gains by selling their shares at high profits.
2. The drawback of having a high share price is that investors willing to sell off their shares cannot do so because potential buyers are discouraged. Another disadvantage is that it puts much pressure on the management to maintain the entrenched performance level. Any subsequent fall in prices will not meet favorable reviews.
Thus, there are pluses and minuses to having a high share price.
Learn more: brainly.com/question/19717466
<span>European managers, especially those in France, Germany, and Italy, tend to be <u>more autocratic</u> </span><span>in their decision-making style when compared with managers in the United States.
This means that those managers like to make decisions on their own, and to assume "absolute power" over their subordinates, not really taking into account their opinions. As opposed to that, in the US, managers are more friendly with their subordinates and like cooperating with them.</span>
