Answer:
$150,000
Explanation:
A rise in the worth of an asset over time that puts a higher price than the price the asset was purchased for is called a capital gain. Capital gains are not realized unless the assets are sold over and above their purchase prices.
In this case the asset was bought for $300,000 and sold for $450,000 representing a net gain of $150,000. All other factors remaining same, this is the amount of gain that Nelson can realize. There are normally capital gains tax payable that can be deducted from the net gain, not applicable in this case.
Hope that helps.
Answer:
c) generate awareness among consumers.
Explanation:
- For a marketing channel to emphasize the discontinuation innovation of the strategy would be to focus on proving knowledge pt the customers about the new launch product and the explain its features as the example of HP inkjet printer that was dos[released earlier
- the newer printhead technologies were developed that was a better way to put ink on the paper.
- As the new product that is unable to meet the requirement of the people can be recalled and hence a need pf awareness has to be done through proper marketing and promotion channels.
Answer:
The correct answer is 10.9 times.
Explanation:
According to the scenario, computation of the given data are as follow:-
Average account receivable = (Opening account receivable + Closing accounts receivable) ÷ 2
= ($92,000 + $26,000) ÷ 2
= $118,000 ÷ 2
= $59,000
We can calculate the account receivable turnover by using following formula :-
Accounts receivable turnover = Net sales ÷ Average Account receivable
= $643,100 ÷ $59,000
= 10.9 times
The first way to use credit wisely is to pay back the credit company on time. the second way to use credit wisely is to not overspend.
