Answer:
The equipment's net book value on 12/31/2015 is $ 135000.
Explanation:
Net book value of the equipment on 12/31/2015 is given by:
Net book value = cost of the equipment - depreciation expense recognized until 12/31/2015
= $ 350000 - $ 215000
= $ 135000
Therefore, the equipment's net book value on 12/31/2015 is $ 135000.
Answer:
the effective rate of interest on the debt is 6.38%
Explanation:
The computation of the effective rate of interest on the debt is shown below:
Effective rate of interest is
= ($400,000 × 6%) ÷ ($400,000 × 0.94)
= $24,000 ÷ $37,600
= 6.38%
Hence, the effective rate of interest on the debt is 6.38%
It could be determined by applying the above formula so that the correct rate could come
Answer:TRUE
Explanation: Is the distribution policy that maximizes the value of the firm by choosing the optimal level and distributions system for its dividends and stock repurchases). Most firm try to achieve the optimal distribution policy necessary for it to maximize its stock price for guarantee good returns or good profit on its investment.
Answer: The correct answer is "E. A system of shared values about what is important and beliefs about how the world works".
Explanation: It can be defined as the specific collection of norms and values that are shared by people and groups in an organization and that control the way they interact with each other within the organization and abroad. In the organizational culture are the informal and unwritten regulations that guide the daily behavior of the members of an organization, behaviors that may or may not be aligned with the purpose of the organization.
College and universities use funds from direct Stafford loan to pay for school charges first. It is offered to eligible students to help finance their education and it must be repaid and are offered to both undergraduate and graduate students.