Answer:
$670,000
Explanation:
For computing the book value, first we have to determine the depreciation expense using the straight line method which is shown below:
= (Original cost - residual value) ÷ (estimated useful life)
= ($1,050,000 - $100,000) ÷ (5 years)
= ($950,000) ÷ (5 years)
= $190,000
In this method, the depreciation is same for all the remaining useful life
Now the book value is
= Original cost - depreciation expense × number of years
= $1,050,000 - $190,000 × 2
= $1,050,000 - $380,000
= $670,000
Answer:
Risk arbitrage.
Explanation:
This strategy in business dealings is seen to be forced up when a form of security is been sold from a firm to another. This is done with its value been raised very high; not minding the risk been involved. It can also be described as a form of exploitation of the market especially when seen to be imbalanced. Especially in the trade of stocks; here, these stocks are been bought during these imbalance period and been given out for sale at high and outrageous prices.
Answer:
The Purpose of Government Regulation of Business
The U.S. government has set many business regulations in place to protect employees' rights, protect the environment and hold corporations accountable for the amount of power they have in a very business-driven society.
Explanation:
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