The Breeders' Cup weekend was all about the four-year-old stallion. The horse won the Breeders' Cup Classic by 814 lengths after going undefeated in six career starts.
Flightline was valued at his $184 million after the owner sold his 2.5% stake in the horse for his $4.6 million.
<h3>What is horse racing?</h3>
Horse racing, the sport of fast racehorses, primarily thoroughbreds straddled by riders or standardbreds with drivers towing carriages.
These two types of races of his are known as flat races and harness races respectively.Quarter in his Horse Racing article describes racing on the same level as non-Thoroughbred horses.
Horse racing is one of the oldest sports he has, and its basic concepts have changed little over the centuries. From his simple two-horse speed and endurance contest to a spectacle involving massive runners, sophisticated electronic monitoring equipment, and billions of dollars, the basic characteristics have always been the same. stay.The first horse to finish wins.
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Answer:
Total expending 21,320
Explanation:
Assuming the administrative expense are also paid on cash during the period
1,300 units x $4.20 = 5,460 Variable expending
19,240 fixed cost - 3,380 depreciation (non-monetary) = 15,860 Fixed expending
Total expending 5,460 + 15,860 = 21,320
<u>Remember:</u>
Depreciation and amortization are non-monetary term, they don't involve a cash disbursement.
When politicians commit to making a large future expenditure without simultaneously committing to collect enough taxes to pay for it, this is an example of an <u>"unfunded liability".</u>
A liability is a future obligation or execution commitment that one gathering owes to another at some future date in time. It is regularly settled through an installment or execution of an administration.
An Unfunded Liability is utilized to portray any risk that does not have funds put aside for it. It tends to be computed by deciding the distinction, anytime, by which future installment commitments surpass the normal future stream of financing.
Answer:
The total economic cost is $40,500 per year
Explanation:
The total economic cost per year is equal to the sum of:
* The opportunity cost relating to sacrificing the current work Greg is working on which is equal to his yearly salary of : $40,00.
* The opportunity cost relating to sacrificing the interest income earned on $10,000 saving, which he is now used for purchasing equipment, which is calculated as: 10,000 * current rate of savings = 10,000* 5% = $500 ( total cost of equipment is not included because e could sell the equipment for what he paid later on).
=> So, total economic cost per year is $40,000 + $500 = $40,500.
U.s Senators are required to be 30 years old and a u.s citizen for at least nine years
