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Which is a stepping-stone toward future education

FrozenT [24]

Answer:

A High School Diploma is a stepping-stone toward future education.

Explanation:

A High School Diploma will definitely be a perfect move and a stepping-stone towards future education, which undoubtedly, will pave the way for the further and higher education of the people. They can proceed ahead easier if they have achieved this first milestone. This will prove as the first step towards their educational journey, which surely need to be taken, at least, anyway.

4 0

3 years ago

A company used straight-line depreciation for an item of equipment that cost $16,950, had a salvage value of $4,200, and had a f

madreJ [45]

Answer:

Annual depreciation= $2,480

Explanation:

Giving the following information:

Total Purchase price= $16,950

Useful life= 5 years

Residual value= $4,200

<u>First, we need to calculate the accumulated depreciation at the end of year 3.</u>

Annual depreciation= (Total Purchase price - salvage value)/estimated life (years)

Annual depreciation= (16,950 - 4,200) / 5

Annual depreciation= $2,550

Accumulated depreciation= 2,550*3= $7,650

<u>Now, we can calculate the new depreciation expense:</u>

Depreciable value= 16,950 - 7,650= $9,300

Useful life= 3 years

Salvage value= $1,860

Annual depreciation= (9,300 - 1,860) / 3

Annual depreciation= $2,480

4 0

3 years ago

1. In a pure competition market, producers should produce and sell where P=MC. Why? Why couldn’t they price their product above

Travka [436]

In a pure competition market, all products that being sold in that market is EXACTLY the same. None is worse and none is better.

In that condition, Buyers will make their decision based on price ( since all product's quality is possible)

That's why producers should sell where p=MC, which mean they should sell in the lowest price possible to be able to compete with other competitors

5 0

3 years ago

The income statements for four consecutive years for Colca Company reflected the following summarized amounts:

Alla [95]

CORRECTED INCOME STATEMENTS

2011 ($) 2012 ($) 2013 ($) 2014 ($)

Sales revenue 60,000 63,000 65,000 68,000

COGS (39,000) (41,000) (46,000) (46,000)

Gross profit 21,000 22,000 19,000 22,000

Expenses (16,000) (17,000) (17,000) (19,000)

Pretax Income 5,000 5,000 2,000 3,000

Income Tax Expense (30%) (1,500) (1,500) (600) (900)

Net Income 3,500 3,500 1,400 2,100

An income statement is a financial statement detailing a company's income and expenses during a reporting period. Also known as the Income Statement (P&L), it is typically produced quarterly or annually. An income statement shows the financial performance of a company over a period of time.

There are four major degrees. (1) Balance Sheet. (2) Income Statement. (3) Cash Flow Statement. (4) Statement of Shareholders' Equity.

Learn more about INCOME STATEMENTS at

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5 0

2 years ago

a stock currently sells for $30 per share and pays $1.00 per year in dividends. what is an investor's valuation of this stock if

WINSTONCH [101]

An investor's valuation of this stock if he expects it to be selling for $37 in one year and requires a 12 percent return on equity investments would be $33.93.

Valuation of stock: 0.12 = ( 37 - P + 1 )/P

= 1.12P = 38. So, P = $33.93

An equity investment is a cash put into a business through the purchase of its stock on the stock exchange. On a stock exchange, these shares are typically traded.

Private equity investments, preferred shares, retained earnings, and equity mutual funds are a few examples of equity investments. A variety of advantages, including risk diversification, straightforward transfer, profitability, and simple monitoring, come with an equity investment.

To learn more about Equity investments visit: brainly.com/question/28191214

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3 0

1 year ago