The account form has two columns, set side by side. The left column lists the company's assets. The final line on the left side of the sheet provides the total value of all assets. The column on the right lists both liabilities and equity, with liabilities coming first.
It is FALSE to assert that it is a new product use if an existing product is sold to teenagers in one country and a new entry involves sales to teenagers in a new country.
<h3>What is a new product use?</h3>
A new product use refers to the first usage of a new product by customers anywhere in the world. A new product is also new even to the company that sells it.
But if the company had acquired some selling experience about the product in one country, it is not a new product use when it sells the product in a new country.
Thus, it is FALSE to assert that it is a new product use if an existing product is sold to teenagers in one country and a new entry involves sales to teenagers in a new country.
Learn more about new products development at brainly.com/question/6786480
Yes there is a tennis court there
Answer:
the nominal interest rate is 7%
Explanation:
The calculation of the nominal interest rate is given below:
As we know that
Nominal interest rate is
= Real interest rate + Inflation rate
So,
The nominal interest rate should be
= 5% + 2%
= 7%
Hence, the nominal interest rate is 7%
The same is to be considered and relevant
Pharrell, Inc., has sales of $602,000, costs of $256,000, depreciation expense of $62,500, interest expense of $29,500, and a ta
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Answer:
The earnings per share figure is $1.89
Explanation:
Sales of $602,000
Costs of $256,000
Depreciation expense of $62,500
Interest expense of $29,500
Tax rate of 40 percent.
-> Profit Before Tax = Sales - Cost - Depreciation Expense - Interest expense
= $602,000 - $256,000 - $62,500 - $29,500
= $254,000
Net profit = Profit before Tax x (1 - Tax rate) = $254,000 * (1 - 40%) = $152,400
Earnings per share = (net profit - dividend paid for preferred stock)/ common stock outstanding = ($152,400-$44,500)/ 57,000
= $1.89
