Answer: rigid customer base
Explanation: The reason behind the ongoing success of radio industry is that over 90% of individuals in the world, especially in western countries, still listens to audio in their free time once or twice in a given week, thus making it an attractive platform for different business entities to advertise their products.
Thus, because of that rigid customer base, the radio industry is still making millions.
Answer:
number of share 30,000 share
price per share = $90
Explanation:
given data:
investor's share = 5%
outstanding share =400,000
stock split = 3/2
number of share after spliting = investor share* outstanding share* stock split
= 5%*400,000*(3/2)
= 30,000 share
per share price can be determined by using following relation:
= $90
Answer:
Tuition for a course in marketing is deductible business expense
Explanation:
There are a few expenses related to business that a self-employed could claim deductions on. Some of these expenses are cost of meal and travel expenses fore business purpose.
One such deductible expense is tuition fees incurred on a course to hone current job skills. Tuition fees incurred on attending a course that is not related to current business is not deductible.
Groceries to prepare lunch and clothes bought to wear to work are considered personal and not business expenses and so are not deductible.
Answer:
BRUH SERIOUSLY COMMON MAN
Answer: Interest expense = $45500
Cash outflow = $45500
Explanation:
Based on the information that were given in the question, the amounts of interest expense and cash flows from operating activities, that will be reported in the financial statements for the year ending December 31, Year 1 will be calculated thus:
Interest expense = $700,000 × 6.50%
= $700,000 × 0.065
= $45500
The interest expense of $45500 will be reported on December 31, Year 1 in the income statement and will also be reported in the cash outflow as well. Therefore,
Interest expense = $45500
Cash outflow = $45500
