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sladkih [1.3K]
3 years ago
14

What is the difference between the performance of luxury car and normal cars

Business
2 answers:
aev [14]3 years ago
4 0

Answer:

there are three main differences between luxury cars and normal cars

1. high end features

2.safety features

3.prices

svetoff [14.1K]3 years ago
3 0

Answer:A luxury car is meant to be shown and only people that are rich could afford a luxury car but a normal car is what you see on a daily basis and it's still a car but a common one.

Explanation:

You might be interested in
Which of the following statements is true regarding depreciation methods?
r-ruslan [8.4K]

Answer:

The correct answer is letter "D": The use of a higher estimated life and a higher residual value will lower the annual amount of depreciation expense recognized on the income statement.

Explanation:

Depreciation distributes the cost and cost over the useful life of the assets of tangible and real assets. A business could depreciate an asset over a period of up to thirty years, depending on the type of asset it is. There are many depreciation methods but, among the most common we can find the <em>Straight-line method, the Double Declining Balance method</em>, and <em>the Units of Production method</em>. As long as the estimated life of the asset and its residual value is high, the amount filed for the depreciation will be lower.

7 0
3 years ago
Stryder, Inc., has 3 million shares outstanding at a current price of $15 per share. The book value of the shares is $10 per sha
KengaRu [80]

Answer:

Answer:

                                                                                         $

Market value of shares (3,000,000 x $15)           = 45,000,000

Market value of bonds (30,000,000 x $101/100) = 30,300,000

Market value of the firm                                            75,300,000

The correct answer is D

Explanation:

Market value of the firm is the sum total of market value of shares and market value of bond. The market value of each stock is equal       to number of stocks issued multiplied by current market price of each stock.

Explanation:

6 0
3 years ago
A company's board of directors votes to declare a cash dividend of $1.10 per share of common stock. The company has 22,000 share
lutik1710 [3]

Answer:

$18,150

Explanation:

Calculation for the total amount of the cash dividend

Since A company's board of directors  has votes to declare the  cash dividend of $1.10 per share of common stock, this means we have to multiply the cash dividend per  share of common stock by the shares outstanding which is $16,500

Using this formula

Cash dividend per share of common stock * Shares outstanding

Let Plug in the formula

$1.10*16,500

=$18,150

Therefore the total amount of the cash dividend  will be $18,150

5 0
3 years ago
Hoffman Company purchased merchandise on account from a supplier for $65,000, terms 1/10, n/30. Hoffman Company returned $7,500
Stella [2.4K]

Answer: a. $56925 ; b. Account payable

Explanation:

a. If Hoffman Company pays the invoice within the discount period, what is the amount of cash required for the payment?

Purchase invoice = $65000

Less: Return = ($7500)

Net Purchase Invoice = $57500

Less: Discount = $57500 × 1% = $575

Cash received = $56925

b. What account is debited by Hoffman Company to record the return?

The account that is debited by Hoffman Company to record the return is the account payable.

3 0
3 years ago
Sparty Corporation has provided the following information for its most recent year of operation: Revenues earned were $88,000, o
AlekseyPX

The amount of net income reported on Sparty's income statement is $19,690.

<h3>What is revenue?</h3>
  • The total amount of income earned by the sale of goods and services connected to the principal operations of the firm is referred to as revenue in accounting.
  • Commercial revenue is often known as sales or turnover.
  • Some businesses make money by charging interest, royalties, or other fees.
<h3>What are dividends?</h3>
  • A dividend is a profit distribution made by a corporation to its shareholders.
  • When a corporation makes a profit or has a surplus, it can pay a portion of the earnings to shareholders as a dividend.
  • Any money that is not dispersed is re-invested in the company.
<h3>Solution -</h3>

To find the amount of net income reported on Sparty's income statement, use the following formula:

Net Income = Gross Profit — Operating Expenses — Other Business Expenses — Taxes — Interest on Debt + Other Income

Net income = 80000 - 31000 - 11000 - 18130 = 19690

Therefore, the amount of net income reported on Sparty's income statement is $19,690.

Know more about net income here:

brainly.com/question/25906113

#SPJ4

4 0
2 years ago
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