The partial year of service is from Januarry to May.
Thus, using straight line mathod, the <span>depreciation expense on the equipment for the year is given by:

</span>
Answer:
At start = $20/share
At end = $21.384
Explanation:
DATA
ASSets at the start = $200m
Outstanding shares = 10m
Dividend income at the end = $2m
Gain in price = 8%
12b-1 fees = 1%
A.
Net assets at the start can be calculated by dividing assets at the start by outstanding shares
Net Assets value at start = Assets at start/Outstanding shares
Net Assets value at start = $200m/10m
Net Assets value at start = $20/share
Net Assets value at the end can be calculated by multiplying gain price with 12b-1 fees
Net assets value at the end = Gain Price x (1-12b-1 fees)
Net Assets value at the end = ($20x$1.08) x (1 - 0.01)
Net Assets value at the end = $21.6 x 0.99
Net Assets value at the end = $21.384
Answer:
Hedge funds are: high risk, even though they may be market-neutral.
Mercantilism is the name of the theory
Answer:
All the following are advantages of ERP systems except: ______
c. moderate to low cost
Explanation:
Enterprise resource planning (ERP) integrates the important parts of their businesses and reduces the time and efforts required to do work. A good ERP system enables teams to focus on revenue-generating tasks by eliminating repetitive tasks. But, these advantages come at some steep costs, especially in initial infrastructure and continuous maintenance.