Answer:
d
Explanation:
The answer is d because if the investor is expecting the returns to be higher than his required return this means that the stock is under-valued i.e. it is available at a price lower than its actual worth considering the pay-off expected in the future. Therefore the stock is worth buying now.
Answer:
The price elasticity of supply is 1.22
Explanation:
Please refer to the attached file
Answer:
4,800
Explanation:
![\left[\begin{array}{ccccc}Year&Beginning&Dep-Expense&Acc. \: Dep&Ending\\0&-&-&-&30,000\\1&30,000&6,000&6,000&24,000\\2&24,000&4,800&10,800&19,200\\3&19,200&3,840&14,640&15,360\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7DYear%26Beginning%26Dep-Expense%26Acc.%20%5C%3A%20Dep%26Ending%5C%5C0%26-%26-%26-%2630%2C000%5C%5C1%2630%2C000%266%2C000%266%2C000%2624%2C000%5C%5C2%2624%2C000%264%2C800%2610%2C800%2619%2C200%5C%5C3%2619%2C200%263%2C840%2614%2C640%2615%2C360%5C%5C%5Cend%7Barray%7D%5Cright%5D)
The double declining will be the straight-line rate times two.
straight-line = 1/10
double declining = (1/10) x 2 = 2/10 = 1/5 = 20%
The first year will be:
30,000 x 20% = 6,000 depreciation expense
then we calculatethe book value for the second year
30,000 - 6,000 = 24,000
now we clacualte the depreciation expense for the 2nd year
24,000 x 20% = 4,800
This process is repeat every year until the book value equalt the salvage value at the end of the 10th year.
A. Vending Machine is a nonstore retailer