Sweepstakes does not require a consumer to purchase anything aside from the the ticket they will fill out for a chance to win prices.
<h3>What is Sweepstakes?</h3>
Sweepstakes is a form of gambling in which everyone involved in the contest pay a certain amount of money and the winner is awarded with a price or the money contributed.
Therefore, Sweepstakes does not require a consumer to purchase anything aside from the the ticket they will fill out for a chance to win prices.
Learn more about Sweepstakes below.
brainly.com/question/2033774
Answer:
7,540
Explanation:
Principle is $13,000
Rate is 5.8%
Time is 10 years
Therefore the simple interest can be calculated as follows
= principle × rate × time
= 13,000 × 5.8/100 × 10
= 13,000 × 0.058×10
= 7,540
Hence the simple interest is 7,540
Answer:
A.
Explanation:
The cost principle means that in accounting, any transaction is recorded at the historical purchase price.
A fair value is the amount at which an asset could be exchanged in an arm´s length transaction between knowledgeable and willing parties.
Revaluation of fixed assets is not allowed for GAAP.
An appreciated value is an increase in the value of an asset over time.
A market value is the price at which a product or service could be sold in a competitive, open market.
Stock price would be equal to total value of equity divided by no. of shares outstanding. The total value of equity would be calculated as follows:
Total value of equity = corporate value – notes payable – long term debt – preferred stock
= $900 million - $110 million – 90 million – 20 million
= $680 million
The price of the stock would be:
Stock price = total value of equity / no. of shares outstanding
= $680 million / 25 million
= $27.20
The lowest fees for investors are typically found in a type of passive investing called the Index Fund investing.
