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strojnjashka [21]

2 years ago

13

Jim is in the market for a car that will last for the next 10 years and has saved up some Miami for the purpose of a car .whats

the best transportation option for jim?

1 answer:

Sergeeva-Olga [200]2 years ago

7 0

Buy the car if it is good quality... or if he has enough money

You might be interested in

Investing in a global stock fund is a good idea to:

svp [43]

The best answer is to d)diversify holdings to spread risk outside of the U.S. economy submit. The global stock fund is the global equity investment for investors to invest to gain the return. A portfolio is made by the investors to reduce the risk of the investment and made more stable investments' return.

5 0

2 years ago

Dietterich Electronics wants its shareholders to earn a return of 15% on their investment in the company. At what price would t

Tema [17]

Answer:

(a) price stock need = $1.667

(b) price stock need = $6.667

(c) price stock need = $11.667

(d) price stock need = $16.667

Explanation:

given data

return = 15% = 0.15

to find out

what price would the stock need to be priced today

a. $0.25 constant annual dividend forever?

b. $1.00 constant annual dividend forever?

c. $1.75 constant annual dividend forever?

d. $2.50 constant annual dividend forever ?

solution

(a) price stock need = $\frac{0.25}{0.15}$

(a) price stock need = $1.667

(b) price stock need = $\frac{1.00}{0.15}$

(b) price stock need = $6.667

(c) price stock need = $\frac{1.75}{0.15}$

(c) price stock need = $11.667

(d) price stock need = $\frac{2.50}{0.15}$

(d) price stock need = $16.667

3 0

2 years ago

Bank of College Park loaned $9,000 to a customer on May 1, 2018, accepting a 9-month, 8% note. The bank recorded the transaction

VMariaS [17]

Answer:

Interest receivable 480 Interest revenue 480

Explanation:

The adjusting entry is shown below:

Interest receivable Dr 480 ($9,000 × 8% × 8 months ÷ 12 months)

To Interest revenue 480

(Being the interest receivable is recorded)

The interest receivable is debited as it increased the assets and credited the interest revenue as it also increased the revenue

The eight months are considered from May 1,2018 to December 31,2018

6 0

3 years ago

An individual forgot to delegate a certain task to one of her team members. Each person on the team was supposed to create a Pow

kramer

Answer:

Complete the presentation and extra work themselves; in the future, the individual will have to remember to send everything or risk doing the extra work themselves.

Explanation:

Not only this helps in increasing accountability in the individual but it would also help in influencing the behavior of the individual in the future. He would be more responsible for delegating the tasks as he would learn from his mistakes. This would go a long way in developing a competent and responsible workforce which would help in increasing the effecency of the company.

7 0

2 years ago

On January 1, 2018, M Company granted 90,000 stock options to certain executives. The options are exercisable no sooner than Dec

hram777 [196]

Answer:

$120,000

Explanation:

Given that,

stock options = 90,000

Each option can be exercised to acquire one share of $1 par common stock for $12.

Total Value of the option = stock options × fair value of the options

= $90,000 × $5

= $450,000

company to estimate that 10% of the options would be forfeited, so,

= 90% of Total Value of the option

= 0.9 × $450,000

= $405,000

2 out of 3 years = $405,000 × 2/3

= $270,000

$=\frac{Total\ value\ of\ the\ options}{no.\ of\ years}$

$=\frac{450,000}{3}$

= $150,000

Compensation expense (2019) = $270,000 - $150,000

= $120,000

6 0

2 years ago