A reason of y u should buy a house instead of renting a house is the fact that if u rent a house it comes with things u need to repair instead of starting new with all new material

7 0

3 years ago

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A stock's price is simply the current market price, and it is easily observed for publicly traded companies. By contrast, intrin

masha68 [24]

Answer:

The correct answer is true.

Explanation:

A stock price is the current market price of the stock. It does not represent the intrinsic value of the stock. The intrinsic value of a stock depends on the return it will provide.

The return or cash flow generated from the stock includes two components the dividend received on the stock and the price received after selling the stock.

The market price of the stock does not represent these values directly and thus these values need to be estimated. There are a number of valuation methods to find the future value of a stock.

8 0

3 years ago

Hawaiian Specialty Foods purchased equipment for $18,000. Residual value at the end of an estimated four-year service life is ex

FromTheMoon [43]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Purchase price= $18,000

Residual value= $1,800

Useful life= 4 years

The machine operated for 2,300 hours in the first year, and the company expects the machine to operate for a total of 15,000 hours.

To calculate the depreciation expense, we need to use the following formulas:

Straight-line:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (18,000 - 1,800)/4= $4,050

Double-declining balance:

Annual depreciation= 2*[(book value)/estimated life (years)]

Annual depreciation= 2* 4,050= $8,100

Activity-based:

Annual depreciation= [(original cost - salvage value)/useful life of production in hours]*hours operated

Annual depreciation= [(18,000 - 1,800)/15,000]*2,300

Annual depreciation= $2,484

8 0

3 years ago

Marla’s Publishing Service has $4,800 of fixed expenses. The manager reported the company’s operating income as $0, and the cont

Greeley [361]

Answer:

Break-even sales in dollar value = $10,667

Explanation:

Since the company's operating income is $0, the company makes no profit and no loss. Therefore, the company's total sales is equal to total expenses. It means the company is in break-even point. However, as the variable expense is not given, we have to use contribution margin ratio to calculate the break-even sales.

We know,

Break-even sales in dollar value = Fixed expenses ÷ Contribution margin ratio

Given,

Contribution margin ratio = 45%

Fixed expenses = $4,800

Putting the values into the above formula, we can get,

Break-even sales in dollar value = $4,800 ÷ 45%

Break-even sales in dollar value = $10,667

4 0

3 years ago