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yuradex [85]
3 years ago
5

A jet ski depreciates at 11% of its original value each year. If the jet ski was $8000 at its time of purchase, what is the valu

e of the jet ski after 5 years?
$13,480.47

$7,120.00

$6,958.86

$4,467.25
Business
1 answer:
mario62 [17]3 years ago
6 0
<span>The correct answer would be D) $4,467.25. This should be calculated compoundedly, as depreciation does not work in a linear fashion. Year 1 depreciation would be 11% of $8000 = $7120. Year 2 depreciation would be 11% of $7120 = $6336.80. Year 3 would be so on until you reach Year 5 and you get the final value as $4467.25.</span>
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Answer:

the exercise value of the option is $5.50

Explanation:

The computation of the exercise value of the option is given below:

= Sale value of the stock - exercise price of the option

= $23 - $17.50

= $5.50

Hence, the exercise value of the option is $5.50

Simply we deduct the exercise price of the option from the sale value of the option

And, the same should be considered

7 0
3 years ago
Custer County is considering raising revenues by imposing a $25 fee on couples who obtain a marriage license within the county.
Andreas93 [3]

Answer:

The payment serves as a fee for the service rendered by government. It is slightly different from a transaction-based tax due to the fact that a private party and the jurisdiction are involved in a transaction instead of the normal operation in a market transaction that occurs between two or more private parties. This also gives the payer a certain opportunity which is the right to get married under law.

Explanation:

The payment serves as a fee for the service rendered by the government. It is slightly different from a transaction-based tax due to the fact that a private party and the jurisdiction are involved in a transaction instead of the normal operation in a market transaction that occurs between two or more private parties. This also gives the payer a certain opportunity which is the right to get married under the law.

8 0
3 years ago
Scenario:
Misha Larkins [42]

Answer:

b. substitutes

b. competitive intelligence.

Explanation:

In the context, Paul and his wife wishes to open up a new restaurant in Beaufort and did much of analysis and research before taking any decision and studying the restaurant industry market.

The factor that Paul have considered in analyzing the competitive environment is the substitutes. The competitive environment as described by Michael Porter includes customers, substitutes, suppliers, new entrants, compliments and other rival firms.

The information Paul has collected in the competition analysis can be referred to -- competitive intelligence.

Competitive intelligence may be defined as the information that is necessary in deciding how best to manage in the competitive environment that the managers have identified.

3 0
2 years ago
David Rose Inc. forecasts a capital budget of $500,000 next year with forecasted net income of $400,000. The company wants to ma
spayn [35]

Answer:

If the company follows the residual dividend policy, it is $50,000 in dividends.

Explanation:

Dividend is calculated by using the formula:

Dividends = Net Income - Equity requirement

where, Equity requirement = Capital budget  (% Equity)

                                             = 500,000(70%)  = $350,000

∴ Dividends = 400,000 - 350,000

                    = <u>$50,000 </u>

7 0
3 years ago
Oscar and Mary have no dependents and file a joint income tax return for 2018. They have adjusted gross income (all wages) of $1
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Answer:

$101,900

Rationale:

($140,000 - $30,000 - $8,100) Two exemptions at $4,050 each.

Explanation:

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3 years ago
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