answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ioda
2 years ago
8

Define what the book value of an asset is by choosing the correct statement(s) below. (Check all that apply.) Multiple select qu

estion. The formula is cost plus accumulated depreciation. it is sometimes referred to as the net amount of an asset. It is the original cost of an asset minus its accumulated depreciation. The formula is Cost less Accumulated depreciation.'
Business
1 answer:
kozerog [31]2 years ago
6 0

Answer:

The formula is Cost less Accumulated Depreciation

It is the original cost of an asset minus its accumulated depreciation.

It is sometimes referred to as the net amount of an asset.

Explanation:

Answer key

You might be interested in
An important __________ for Medtronic's Micra pacemaker is its unmatched small size, about the size of a vitamin capsule, which
Keith_Richards [23]

Answer:

point of difference

Explanation:

From the question we were told that , "An important point of difference for Medtronic's Micra pacemaker is its unmatched small size, about the size of a vitamin capsule, that gives room for implantation directly into the heart without invasive surgery or the need for electrical leads.

This point of difference that Medtronic's Micra pacemaker has that ,make his vitamins available for implantation directly to the heart without surgery, is as a result of point of difference in a company gives a differentiation between him/her and his/her others organization or business offering the same services.

8 0
2 years ago
Cost-Volume Profit Analysis Recline Company is planning to produce and sell 11,250 units of its only product at a unit price of
Anarel [89]

Answer:

Calculate Recline’s contribution margin ratio.  

Contribution Margin RATIO  34%

Calculate the break-even point in sales dollars for Recline.    

Break-Even Point  $1.030.556

Explanation:

  • The contribution margin it's determined by the total amount of Gross Profit divided by the total value of sales. To this case $405,000/$1,192,500 = 34%

      Income Statement

11.250       Quantities

$106          Unit Price

$1,192,500 Sales

-$787,500 Cost of goods sold

$405,000 Contribution Margin  34%

-$281,250 Fixed Cost

$123,750 Operating Income

  • The Break Even point it's when the Operating Income is equal to zero, it means the lowest level of sales the company can afford and not loss money.

 BREAK EVEN POINT

9.722        Quantities

$106         Unit Price

$1,030,556 Sales

-$787,500 Cost of goods sold

$243,056 Contribution Margin

-$243,056 Fixed Cost

$0            Operating Income

5 0
2 years ago
A firm is 40% financed by debt with a yield-to-maturity of 8.5%. The equity has a beta of 1.3, the market risk premium is 8.4% a
rjkz [21]

Answer:

11.076%

Explanation:

The computation of the WACC is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of  common stock) × (cost of common stock)

= (0.40 × 8.5%) × ( 1 - 34%)+  (0.60 × 14.72%)

= 2.244% + 8.832%

= 11.076%

The cost of common stock is

= Risk free rate of return + Beta × market risk premium

= 3.8% + 1.3 × 8.4%

= 3.8% + 10.92%

= 14.72%

5 0
2 years ago
Maria is a high school senior. She wants to go to the local community college and become a nurse. Her grades are average, but sh
Fantom [35]

Answer: She could apply for Need Based Scholarships and Federal Grants

Explanation:

Maria could apply for a Need Based Scholarship. These are scholarships that are garnered towards lower income households that would otherwise be unable to fund a college education. These scholarships aim to bridge the Economic gap in the society. An example of one is the National High School Scholars Fee Waiver Program.

Another option could be Federal Grants. The Federal Government of the United States of America, offers financial help such as the Pell Grant to college students who would otherwise be unable to attend given their family's economic status . These Federal Grants have been very helpful and one can get the process started by filling out and submitting a Free Application for Federal Student Aid (FAFSA) form.

It is worthy of note that both of these options are steadily becoming more competitive as the number of people in need of them keep rising. Maria should therefore try her best to improve her grades or get involved in extra-curricular activities that would improve her eligibility.

6 0
2 years ago
What are the disadvantages of choosing the lease? Check all that apply.
Dmitriy789 [7]

1,2, and 5 are the answers

6 0
2 years ago
Read 2 more answers
Other questions:
  • Tommy McCartney is a sixteen-year-old high school student. He has worked forty hours per week at the local convenience store ove
    6·1 answer
  • Which of the following correctly describes a repurchase agreement? The sale of a security with a commitment to repurchase the sa
    13·1 answer
  • Which of the following best illustrates the globalization of production?
    9·1 answer
  • What is the maximum amount you would pay for an asset that generates an income of $ 250,000 at the end of each of five years if
    7·1 answer
  • Linda Day George Company had bonds outstanding with a maturity value of $300,000. On April 30, 2020, when these bonds had an una
    5·1 answer
  • Guillen, Inc. began work on a $7,000,000 contract in 2020 to construct an office building. Guillen uses the completed-contract m
    11·1 answer
  • Susie is thinking about changing her auto insurance policy at Fret-No-More Auto Insurance. Her current policy includes the follo
    10·1 answer
  • H&M has adopted the inventory management system that delivers less merchandise on a more frequent basis than in traditional
    12·2 answers
  • The following data relate to direct materials costs for February: Materials cost per yard: standard, $2.00; actual, $2.10 Standa
    9·1 answer
  • Marisa has gathered a pile of financial documents from the past year showing money she has taken in. She received money from ali
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!