Answer: a. $28,000 $210,000
Explanation:
First column is income and second is Carrying value.
Carrying value is the fair value at year end = $210,000
Income = Dividend received + fair value adjustment
Fair value adjustment = Fair value - cost of shares
= 210,000 - 200,000
= $10,000
Dividend = 45% * 40,000
= $18,000
Income = 18,000 + 10,000
= $28,000
Answer:
A circular definition is one that uses the term(s) being defined as a part of the definition or assumes a prior understanding of the term being defined. There are several kinds of circular definition, and several ways of characterising the term: pragmatic, lexicographic and linguistic.
In business studies a resource is any factor that is necessary to accomplish a goal or carry out an activity. They are the the inputs to produce outputs. (they are also called factors of production.)
Answer:
Defender Strategy
Explanation:
Defender Strategy -
It is the starter adapted by a company or organisation , to protect the company from the upcoming new competitors .
Therefore , the company tries to make some changes in the structure , technology and in the method of operations to maintain itself in the market .
hence , from the question data , DramPharma would most likely be categorized as a Defender .
Let x = the price of the car that Olivia can afford.
Down payment = $2,500
Remaining amount to be financed is P = x - 2500.
Total payments should equal the monthly payments.
The total payment over 4 years (48 months) is
A = $185*48 = $8,880
The rate is r = 4.9% = 0.049.
The compounding interval is n = 12.
The time is t = 4 years.
The amount financed is P = $(x - 2500).
Therefore
(x - 2500)(1 + 0.049/12)⁴⁸ = 8880
1.216(x - 2500) = 8880
x - 2500 = 7302.63
x = 9802.63
Olivia can afford a car priced at $9,802.63.
Answer: $9,802.63
