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3 years ago

Your company buys a car, and its value goes down over time. What is that process called?

Business

2 answers:

kozerog [31]3 years ago

4 0

The correct answer would be B. Depreciation

deff fn [24]3 years ago

4 0

The correct answer is B. Depreciation

Explanation

Depreciation is a term used to refer to the decrease in the value of a good or service. In general, depreciation is caused by two main causes, the first is due to degradation of the product that results from its use, and the second is due to obsolescence. For example, cars experience depreciation due to the distance they have traveled because this affects their operation and condition. On the other hand, a technological object such as a cell phone or a computer loses its value, because it becomes obsolete when new models are released.

According to the above, the statement is an example of depreciation because the car that the company bought loses value over time because new models have been released at that time and its use caused the car the degradation of its parts. So, the correct answer is B. Depreciation.

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Suppose Brian is in the market for a used textbook and the campus bookstore is having a sale. If the initial price of the used b

Misha Larkins [42]

Answer:Percentage change in the book price =7.17%

Explanation:

Initial Price of the used book = $73.25

Discounted price = $68.00

Percentage change in the book price = Initial Price - Discounted price/ Initial Price) x 100

($73.25 - $68.00) /$73.25 =5.25 /$73.25 =0.07167

=7.17%

4 0

2 years ago

You own 100 shares of Troll Brothers' stock, which currently sells for $120 a share. The company is about to declare a 2-for-1 s

SSSSS [86.1K]

Answer:

You will have 200 shares of stock, and the stock will trade at or near $60 a share.

Explanation:

When a company declares a 2-for-1 stock split, its shares' value is cut by half, while the number of stocks of each share holder doubles.

If, before the split, the stock had a value of $120 per share, after the stock split it will sell for close to $60 a share.

If you previously had a position of 100 shares of Troll Brothers' stock, after the 2-for-1 split you will have 200 shares.

Therefore, you will have 200 shares of stock, and the stock will trade at or near $60 a share.

8 0

3 years ago

Mr. Renaldo purchased 30 acres of undeveloped ranch land 10 years ago for $935,000. He is considering subdividing the land into

Setler79 [48]

Answer is in the photo. I can only upload it to a file hosting service. link below!

tinyurl.com/wtjfavyw

4 0

2 years ago

In earned value management, a baseline includes ____ (wbs tasks), time (start and finish estimates for each task), and cost info

shusha [124]

Answer:

The correct answer is: scope.

Explanation:

Earned Value Management (EVM) is a helpful method that allows high-rank executives to measure the performance of their projects. It analyses the difference between the work planned in the project with the work performed. The three pillars of EVM are scope, time, and cost information. The scoping process implies a Work Breakdown Structure (WBS) where the initial plan is broken into micro levels for better analysis.

3 0

2 years ago

The firm is currently an all-equity firm with assets worth $250 million and 100 million shares outstanding. The firm plans to bo

4vir4ik [10]

Answer:

C) $1.70

Explanation:

The value of the firm after the debt would be = 250 million + (20% * 100 million) = $270 million

Value of equity = Total value of firm - Value of debt

Value of equity = $270 million - $100 million

Value of equity = $170 million

The total number of share outstanding is 100 million shares

Hence, he should offer the shares at = $170 million / 100 million shares = $1.7 per share

7 0

3 years ago