Barry and Ivan recently founded a new company that is growing rapidly. In need of a large amount of capital to
finance their company's growth, they are in talks with a venture capital firm. Barry and Ivan should realize that the
venture capital firm will only provide financing:
a. if they agree to avoid any risky investments.
b. after they have paid off all of the personal debt they incurred to start their company.
c. in exchange for a significant stake in their firm's ownership.
d. if they agree to pledge specific company assets as collateral to back the loan.
c
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An analysis in which the marketing manager seeks to better understand strengths and weaknesses of his own organization is known as market structure analysis
Indicate whether the statement is true or false
Trends in data are headed towards:
A) emphasis on application data files. B) emphasis on knowledge management. C) emphasis on data reduction. D) All of the above
________ planning focuses on delivering products or services to consumers as well as warehousing, delivering, invoicing, and payment collection
A) Product demand B) Production C) Distribution D) Safety stock E) Inventory
Maritime Marine ServicesSelected data from the financial statements for the years ended December 31, 2020 and 2019, are presented below:
(In millions)2020 2019 Property, plant and equipment$14,100 $12,200 Accumulated depreciation4,900 4,700 Investments450 240 Short-term debt55 57 Long-term debt1,500 1,200 Common stock597 567 Treasury--common stock(21) (21) Retained earnings3,522 3,426 Net income770 713 The following additional information was obtained from the company's records: 1.Cash additions to property, plant, and equipment during 2020 were $2,300. An additional $250 of plant assets were acquired through debt in a noncash transaction. Depreciation expense for 2020 was $400. Gains on disposals of property, plant and equipment during 2020 were $40. 2.The cash proceeds from the sale of investments in 2020 was $120. There was a $30 gain on the sale of the investments. 3.Proceeds from long-term debt issued during 2020 was $200. 4.The issuance of common stock totaled $30 in 2020.Refer to Maritime Marine Services. What was the cost of the property, plant and equipment which was disposed of during 2020? What will be an ideal response?