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3 years ago

Which of the following fees would likely be the highest?

1 answer:

5 0

The values for each of the fee depends primarily on which bank are the transactions being made. However, taking for example Bank X, the overdraft fee is $35. The account transfer fee is fairly lower with values from $4.95. Monthly service fee also ranges from $10 or higher. Lastly, for ATM fee the amount only ranges from $2.00.

The answer to this item is therefore the firs choice.

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Jose purchased a delivery van for his business through an online auction. His winning bid for the van was $37,500. In addition,

Wittaler [7]

Answer:

$42,530

Explanation:

The computation of cost basis for the delivery van is shown below:-

Cost basis for the delivery van = Purchase price + Shipping cost + Paint + Sales tax

= $37,500 + $850 + $1,480 + $2,700

= $42,530

Here the shipping cost, paint, sales tax is business preparation cost. So, for computing the cost basis of delivery van we simply added the purchase price, shipping cost, paint and sales tax.

3 0

3 years ago

Abigail and Darcy are married. In 2017 they sold there home, which they had purchased in 2012, and lived in it since 2013. They

iris [78.8K]

Answer:

$485,000

Explanation:

Initial cost of home= $270,000+$45,000= $315,000.

Recognized gain= $800,000 - $315,000 = $485,000.

Remember, it was mentioned that Abigail and Darcy immediately purchased another home for $800,000. Very likely this money was derived from the first and only home they ever sold.

Therefore, their recognized gain after substracting the cost is $485,000.

7 0

3 years ago

Antiques R Us is a mature manufacturing firm. The company just paid a $7 dividend, but management expects to reduce the payout b

denis23 [38]

Answer:

$41.56

Explanation:

Since Antiques' dividends have a negative growth rate, we must adjust the perpetuity growth formula to recognize that negative growth:

stock price = [dividend (1 + growth rate)] / (required rate of return - growth rate)

dividend = $7
growth rate = -5%
required rate of return = 11%

stock price = [$7 (1 - 5%)] / (11% - -5%) = ($7 x 95%) / 16% = $6.65 / 16% = $41.56

7 0

4 years ago

company must decide whether to buy Machine A or Machine B. After 5 years Machine A will be replaced with another A. The initial

Karo-lina-s [1.5K]

Answer: The present value of the Machine B ($16140) is less than that of Machine A ($16338) , so we should purchase Machine B.

Explanation:

Present value of the cost incurred on Machine A :

Given:

Initial capital cost = $12500

Capital cost at 6th year ($12500 - salvage of previous machine $10000) = $2500

Present value of capital cost at (10%,5) = $1553

Maintenance cost = $1000

Present value of Maintenance cost at (10%,10) = $6145

Less: Salvage at the end of Year 10 = $10000

Present value of Salvage cost at (10%,10) = $3860

Total present value of cost in Machine A = $16338

Similarly,

Present value of the cost incurred on Machine B :

Given:

Initial capital cost = $20000

Maintenance cost = $0

Present value of Maintenance cost at (10%,10) = $0

Less: Salvage at the end of Year 10 = $10000

Present value of Salvage cost at (10%,10) = $3860

Total present value of cost in Machine B = $16140

As the present value of the Machine B ($16140) is less than that of Machine A ($16338) , so we should purchase Machine B.

7 0

4 years ago

A survey of 300 magazine readers was taken because a client has given its advertisement on that magazine. The a matrix has been

Serhud [2]

Unfortunately though, you missed to include here the matrix that would have been helpful in answering the questions. However, it may be evident that the advertisement is effective depending on the number of people who have read the advertisement and actually bought the soap afterwards. The more people bought, the successful the advertisement is.
Depending on the success of the advertisement, the client may be advised to continue or discontinue this kind of advertisement. Lastly, the respondents could also be asked about their feedback about the soap especially those who have actually tried it.

8 0

3 years ago