Answer:
PV $19,242.04
Explanation:
We will calculate the present value of an annuity using our cost of capital
C 309
time 72
rate 0.004083333 (A)
PV $19,242.04
This will be the present value of the lease at our capital rate.
<em>Notes</em>
(A)The payment are on a monthly basis, so the interest rate must be monthly to. For that we divide the 4.9 percent which is annual by 12
That way the time and rate are on the same metric.
Answer:General Agreement on Tariffs and Trade(GATT)
Explanation:
The General Agreement on Tariffs and Trade (GATT) can be referred to as legal agreement between two or more nations, whose overall purpose is to promote international trade by reducing or eliminating trade barriers such as tariffs etc
Answer:
Promotional expenses are those expenses that a company bears to make its product more aware to the consumers. Maturity stage of product life cycle means the product has already been accepted wide spread and is at its peak in respect of sales but will eventually slow down in growth.
Therefore, promotional activities at the maturity stage are done by companies so that the existing customers would not shift their demand to any of other substitute product.
Explanation:
Answer:
Check the following calculations
Explanation:
Answer [a]
Preferred stock shares issued and outstanding = $ 105,000 / $ 50 par value = 2,100 shares
Answer [b]
Common Stock shares outstanding = Total issued – Treasury stock shares
= ($40000 / $4 par) – 4000 shares
= 10000 – 4000
= 6,000 shares
Answer [c]
Cost of Treasury shares = $ 15000 / 4000 shares = $ 3.75
