$7,200 is invested each quarter for 5.5 years. Compute the future value if interest is 8% compounded quarterly. Use Tables 23-1A and 23-1B or a calculator
$7,200 × 27.29898 = $196,552.66 future value
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The Capitals Company has provided you the following information pertaining to the year ending December 31, 2018: January 1, 2018 December 31, 2018Equipment$575,000 $729,000 Accumulated depreciation$165,000 $120,500 Equipment costing $25,000 was acquired in exchange for common stock. Equipment with an original cost of $57,500 and a book value of $5,000 was scrapped. Equipment was purchased in exchange for cash. Equipment with a book value of $39,000 was sold resulting in a $14,000 gain. The accumulated depreciation at the time of the sale was $67,000. Required: Determine the cash paid for equipment purchases during 2018.Determine the depreciation expense for 2018.
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Which of the following statements is true of creative salespeople?
A. They aggressively create new "needs" in customers through persuasion. B. They prejudge customers' needs and fail to probe for information. C. They spend a lot of time talking about families, restaurants, and movies. D. They understand the terms and conditions they have to work with. E. They control a sales interaction but often fail to gain commitment.
Answer the following statements true (T) or false (F)
1.In 1933 the U.S. government enacted the Buy American Act, which requires federal agencies to purchase materials and products from American suppliers if their prices are NOT unreasonably higher than those of foreign competitors. 2.In 2011 Whirlpool Inc. won an antidumping/subsidy case against clothes-washer imports from Samsung and LG. This resulted in antidumping/subsidy duties being imposed on imports of clothes washers from these foreign producers. 3.A subsidy granted to an import-competing producer tends to be absorbed by producer surplus and higher-costs of production. 4.For a tariff-rate quota, the within-quota tariff rate is more than the over-quota tariff rate. 5.A subsidy granted to import-competing producers is often preferred to an import tariff on the grounds that it results in a smaller deadweight welfare loss and allows consumption to remain unchanged.
A group of brands that a consumer views as alternatives for possible purchase is called an
A. evoked set. B. awareness set. C. inert set. D. evaluative group. E. evaluation criteria.