Answer:
See calculations below
Explanation:
With regards to the above we'll simply add back the given depreciation to the net profit for 2018
= Net income $1,090,000 + depreciation
$290,000
= $1,358,000
Cash flow for 201 is $1,358,000
It is given that Joseph purchased 100 shares of ABCD Growth Fund for a price of $10.00 per share with a total investment of $1,000. At the end of the year he sold his investment for $11.20 per share. Find the total capital gain.
To get the capital gain, compute the total price in which Joseph sold his investment.
$11.20 x 100 = $1,120
Subtract the answer to the total price bought by Joseph
$1,120 - $1,000 = $120
The total capital gain is $120
The economic principle of substitution says that when there are two houses in the same neighborhood with the same size, appeal, and utility, the lower-priced one will tend to sell first.
<h3>The economic principle of substitution</h3>
- According to the principle of substitution, the cost of purchasing a substitute that is just as desired tends to establish the upper limit of value, assuming no inopportune delays.
- A shrewd investor would not spend more on an asset that generates income than it would cost to construct or buy an asset of a similar nature.
- According to this theory, the cost of acquiring a comparable substitute property with the same use, design, and revenue determine the maximum value of a property in most cases.
- For instance, why would somebody pay $1,000,000 for a home when they could pay $750,000 for a different but as appealing home in the same neighborhood?
To learn more about the economic principle of substitution refer to:
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Compliance is a feature of secure access.
<h3>What is secure access?</h3>
This is the term that is used in cyber security to mean the bringing together of secure cloud security into the cloud services.
It works by enabling both security and network together as a service that can be rendered via cloud. What this helps to do is to ensure the safety and the security of the services.
Read more on security of computer systems here:
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Answer:
Dealer "B" at $5,595.00
Explanation:
Comparison of cost charges for dealer A and dealer B will have to include the one-year maintenance offered by dealer B.
The cost for dealer A will be
maintenance for one year= $75 x 12= $900
cost of the car= $4,995.00.
total cost for dealer A
= $4,995.00 + $900
=$5,895
The cost from dealer B is $5,595.
Dealer B has the better deal as they are cheaper by $300
( $5,895- $5,595)
