The statement which is NOT correct about market and book value is Most firms sell at a market to book ratio below 1. The correct answer is option (c).
"Most firms sell at a market-to-book ratio below 1." This statement is not correct. The market-to-book ratio compares a company's market value (the price at which its shares are trading in the market) to its book value (the value of its assets minus liabilities as reported in its financial statements). A market-to-book ratio of less than 1 indicates that the market value is lower than the book value, implying that investors perceive the company's assets to be worth less than their recorded value.The correct statement is option (c)
In reality, most firms tend to have market-to-book ratios above 1. This suggests that the market values of companies are often higher than their book values. This can be due to factors such as market expectations of future growth, brand value, intellectual property, or other intangible assets not fully captured in the book value. However, it is important to note that not all firms have market-to-book ratios above 1, as some companies may be undervalued in the market for various reasons.
To know more about market to book ratio click here
brainly.com/question/30527446
#SPJ11
Which of the following is a plot of the distribution function of a normal distribution? (See attached PDF. A. Plot A; B. Plot B; C. Plot C; D. Plot D.
A normal distribution is a continuous probability distribution that is symmetrical and bell-shaped. The distribution is fully characterized by its mean and standard deviation. The plot that best represents this is Plot B i.e. b.
The probability density function (PDF) of a normal distribution is a bell-shaped curve that is centred at the mean and has a standard deviation that determines the width of the curve. The area under the curve equals one, and the probability of any particular value occurring is given by the height of the curve at that point.
The distribution function of a normal distribution also called the cumulative distribution function (CDF), gives the probability that a random variable X takes on a value less than or equal to a specific value x. The CDF is the integral of the PDF from negative infinity to x. The CDF of a normal distribution is a sigmoidal curve that starts at zero and approaches one asymptotically.
Looking at the plots in the attached PDF, the only plot that resembles the CDF of a normal distribution is Plot B. Plot B starts at zero and approaches one smoothly, which is characteristic of the sigmoidal shape of the CDF of a normal distribution. Therefore, the answer to the question is B. Plot A, C, and D do not resemble the CDF of a normal distribution and do not start at zero and approach one asymptotically.
To know more about Normal Distribution visit:
https://brainly.com/question/15103234
#SPJ11
1. The apartment was so cool, but there is no bus stop within miles and I don't have a car. Rent
Not rent
2. The renting agent says I have to rent for at least one year. But I'm not sure how many months I'll be in town.
Rent
Not rent
3. I'm not sure how many months I'll be in town. The renting agent says I can leave with 30 days notice.
Rent
Not rent
4. It fits my budget, and I can get to school and work easily.
Rent
Not rent
5. The apartment is great! Bigger bath than I have at home. Close to work! Rent is reasonable! On the "down side," I like cranking my tunes, but the walls are thin and this apartment is loaded with retirees. Plus, they don't allow pets, and I'm thinking about getting a pet boa constrictor.
Rent
Not rent
6. I did my homework on the landlord and found out he has a lot of complaints against him from former renters. He never repairs problems in apartments and never gives deposits back without a fight.
The apartment was so cool, but there is no bus stop within miles and I don't have a car. This was the based on the not rent. Thus, option (b) is correct.
The renting agent says I have to rent for at least one year. But I'm not sure how many months I'll be in town. This was the based on the rent. Thus, option (a) is correct.
I'm not sure how many months I'll be in town. The renting agent says I can leave with 30 days notice. This was the based on the rent. Thus, option (a) is correct.
What is rent?The term rent refers to the based on the deal with the landlord and tenant's. The landlord was the received the payment on the behalf of the give the property was the used.
It fits my budget, and I can get to school and work easily. This was the based on the rent.
The apartment is great! A bigger bath than I have at home. This was the based on the rent.
I did my homework on the landlord and found out he has a lot of complaints against him from former renters. This was the based on the not rent.
As a result, the significance of the sentence are rent or not rent are the aforementioned.
Learn more about on rent, here:
https://brainly.com/question/26268428
#SPJ1
what is a broad term encompassing the protection of information from accidental or intentional misuse by persons inside or outside an organization?
The broad term that encompasses the protection of information from accidental or intentional misuse by people both inside and outside an organization is known as information security.
Information security refers to the safeguarding of digital information and systems from unauthorized access, usage, disclosure, disruption, modification, or destruction. Information security may be provided in a variety of ways, including administrative, technical, or physical measures, or a combination of all three. Information security is concerned with safeguarding information's confidentiality, integrity, and availability from unauthorized access, modification, theft, or loss.
Learn more about the Protection:
brainly.com/question/29377955
#SPJ11
Critically differentiate between shareholder and stakeholder
models of governance in organizations? How does each affect
strategy? Illustrate your answer with examples.
The shareholder and stakeholder models of governance represent different perspectives on the purpose and focus of organizations. Here's a critical differentiation between the two models and their impact on strategy:
Shareholder Model:
Focus: The shareholder model primarily emphasizes maximizing shareholder wealth and returns on investment. It places the interests of shareholders (owners of the company) at the center of decision-making.
Scope: Shareholders are considered the primary stakeholders, and decisions are primarily driven by financial performance indicators, such as profitability and shareholder value.
Impact on Strategy: Under the shareholder model, strategy often prioritizes short-term financial gains and focuses on increasing shareholder value. Decisions may prioritize cost-cutting, maximizing profits, and delivering returns to shareholders. For example, a company may implement aggressive cost reduction measures, such as layoffs or reducing investment in long-term projects, to boost short-term financial performance and meet shareholder expectations.
Stakeholder Model:
Focus: The stakeholder model recognizes that organizations have a broader set of stakeholders, including employees, customers, suppliers, local communities, and society at large. It acknowledges the importance of considering their interests and balancing their needs.
Scope: Stakeholders encompass a wider range of individuals or groups who are impacted by or have an impact on the organization's activities and outcomes.
Impact on Strategy: The stakeholder model takes a more long-term and holistic perspective on strategy. It seeks to create value for all stakeholders and considers their diverse interests. Strategic decisions aim to balance the needs and expectations of various stakeholders, such as ensuring fair treatment of employees, providing quality products or services to customers, maintaining good relationships with suppliers, and being socially responsible. For instance, a company may invest in employee training and development programs, sustainable business practices, or community engagement initiatives to enhance its reputation and build long-term relationships with stakeholders.
Illustrative Example:
Consider a manufacturing company that is facing a decision on whether to outsource production to a low-cost country. Under the shareholder model, the primary focus would be on reducing costs and maximizing profits, potentially leading to outsourcing to cut labor expenses. This decision may result in job losses for employees and potential negative impacts on the local community. In contrast, the stakeholder model would consider the interests of all stakeholders. The company would evaluate not only financial considerations but also the potential effects on employees, suppliers, local communities, and the broader societal impact. The decision may involve weighing the potential cost savings against the social impact and the long-term sustainability of the business.
Overall, while the shareholder model prioritizes the interests of shareholders, the stakeholder model recognizes the broader impact and importance of considering the needs and expectations of multiple stakeholders. The choice of governance model significantly influences the strategic decisions made by an organization, shaping its approach to value creation and sustainability.
learn more about critical differentiation here:
https://brainly.com/question/32633215
#SPJ11
advertising expenses occupy approximately what percentage of global economic activity?
The advertising expenses occupies an approximate of one percentage of the global economic activity.
The global economic activity implies that total worldwide economic activities that took place between multiple countries.
The advertising expenses entails various advertisement cost incurred for the promotion of brand, entity, industry, product, service etc all over the globe.The advertising expenses accounts for an approximate of 2% of economic output in U.SHowever, In global scale, the advertising expenses occupies the approximate of 1% of the global economic activity.
Read more about economic activity:
brainly.com/question/17069597
hussain after doing his graduation has decided to run a retail shop as a source of livelihood. ii. He procures the goods from the wholesalers according to the consumer's demand and maintains a regular supply of goods to his customers. [5] TGIS-Raipur 4 / 5 iii. Customers are well satisfied with his services due to which his sales turnover is very high and he is earning a good return on his capital employed. iv. Seeing his Successful business, two other retailers have also opened their shops in the same area giving him tough competition reducing his market share and margin of profits. But Rohit knows, in spite of his best efforts put into the business, there is always the possibility of inadequate profits or losses. a. Identify the economic activity Rohit is engaged in. b. Enlist the features of identified economic activity with reference to the underlined words in each sentence given above.
A) Business is an economic activity.
B) features are profit earning- as it is essential for survival growth and expansion of business
Dealings in goods and services on a regular basis - and not merely one single transaction of sale or purchase.
The four major economic activities are resource management, production of goods and services, distribution of goods and services, and consumption of goods and services.
Agriculture, fisheries, mining, and forestry. Manufacture of finished products. Manufacture of technology, consumer goods, furniture, vehicles, and clothing. The provision of intangibles is commonly referred to as a service.
Economic activity is the activity by which people provide, produce, purchase or sell goods and services to meet their daily needs. Economic activity includes all activities related to the manufacture, sale, or use of products or services.
Learn more about Economic activity at
https://brainly.com/question/27587809
#SPJ1
What qualities should a leader have?
Answer:
Integrity.
Ability to delegate.
Communication.
Self-awareness.
Gratitude.
Learning agility.
Influence.
Empathy.
Explanation:
the hat industry has a lerner index of 0.33. based on this information, a firm with marginal cost of $10 should charge a price of
Lerner in 1934, the Lerner index is expressed in the following formula: Lerner index = P - MCP where P represents the price of the true set by using the firm and MC represents the firm's marginal cost. Essentially, the index measures the proportion markup that a firm is capable to charge over its marginal cost.
What does a Lerner index of 1 mean?pure monopoly
The Lerner index is an economics measure to gauge monopoly. It determines the relationship between a commodity's promoting charge and marginal value of production. It is denoted with the aid of 'L. ' When 'L = 0', it signifies best competition; similarly when 'L = 1,' it shows a pure monopoly.
Can Lerner index be larger than 1?Image end result for the hat enterprise has a lerner index of 0.33. primarily based on this information, a association with marginal fee of $10 must charge a rate of
The Lerner index can by no means be greater than one. As a result, if the company is maximizing profit, the elasticity of demand facing it can in no way be less than one in magnitude (|E|<1).
Learn more about lerner index here;
https://brainly.com/question/29304099
#SPJ1
A lease agreement contains a clause that gives the tenant the right to purchase the property at a specified price. This type of agreement is called a
Answer: Finance Lease
Explanation:
There are two main types of leases which are operating leases and finance leases. Operating leases work much like an asset being rented so no ownership is passed from the person leasing to the leasee.
When it comes to finance leases however, the person leasing treats the asset as if it is their own. They record depreciation and list it as an asset in their balance sheets. At the end of the lease term, the leasee then has the option to purchase the asset.
The economies of many countries, such as ____, are based on manufacturing electronics.
Answer:
Japan & Taiwan
Explanation:
Japan & Taiwan are examples of two countries whose economies depend on electronic manufacturing. Some of the popular Japanese electronic brands include Sony, canon, and Toshiba. These brands are household names worldwide. Taiwan brands include Acer, HTC, and Asus, which are very popular in laptops and phones.
John Park lives in Anytown, Missouri. He rents an apartment on Broad Street. He has one credit card with National Bank. He pays the balance on this every month, and he always stays within his $400 spending budget. In addition, he has one student loan, which he defers, since he is a full-time student. He has recently applied for a job at Happy Hamburgers.
Based on John’s profile, what information should he expect to find on his credit report? Check all that apply.
1. inquiries from his lenders, the apartment complex, and Happy Hamburgers
2. a note about delinquency from National Bank
3. a current account for his student loan
4. a current account with National Bank
5. a current account with Happy Hamburgers
Answer:
its 1,3,4,6
Explanation:
just told me on edg
Which situation best illustrates how global trade promotes specialization?
A. A country sets strict limits on the amount of goods it can import
from other countries in a single year.
B. A country tries to export as many goods as possible by making a
huge variety of different products.
C. A country imports food and medicine from its neighbors so that
its workers can focus on making cars.
D. A country ensures that it will not become too reliant on trade by
producing all of its own food and clothing,
Answer:
C. A country imports food and medicine from its neighbors so that
its workers can focus on making cars.
Explanation:
Just got it right on my quiz!
The situation that best illustrates how global trade promotes specialization is that a country imports food and medicine from its neighbors so that its workers can focus on making cars.
Specialization by nations or individuals makes them to produce at the lowest cost and then trade with others,International trade often promotes specialization and division of labor and increases output and consumption. When an economy specializes in production, it brings about gains from international trade.
An example, a country can produce rice at a lower cost than beans, it can choose to specialize and dedicate all its resources to the production of rice, using some of them to trade for beans.
Conclusively, by specialization, countries specialize in certain products which they trade for other goods.
Learn more from
https://brainly.com/question/20504834
What are marketing information systems?
Answer:
A marketing information system, or an MIS, is a system for gathering, storing, analyzing and distributing valuable marketing data to help marketers make better decisions
Blanchard Company manufactures a single product that sells for $100 per unit and whose total variable costs are $76 per unit. The company’s annual fixed costs are $338,400.
(1) Prepare a contribution margin income statement for Blanchard Company at the break-even point.
BLANCHARD COMPANY
Contribution Margin Income Statement (at Break-Even)
Amount Percentage of sales
%
Sales
Variable costs
Contribution margin
Fixed costs
$
(2) Assume the company’s fixed costs increase by $126,000. What amount of sales (in dollars) is needed to break even?
To prepare a contribution margin income statement at the break-even point for Blanchard Company, the sales, variable costs, contribution margin, and fixed costs need to be determined. If the company's fixed costs increase by $126,000, the sales needed to break even will be calculated.
1. At the break-even point, the contribution margin is equal to the fixed costs. Given that the product sells for $100 per unit and the total variable costs are $76 per unit, the contribution margin per unit can be calculated as follows:
Contribution margin per unit = Sales price per unit - Variable costs per unit
= $100 - $76
= $24
To prepare the contribution margin income statement at the break-even point, we need to determine the sales, variable costs, contribution margin, and fixed costs. Since it is the break-even point, the contribution margin will be equal to the fixed costs. The income statement will look as follows:
BLANCHARD COMPANY
Contribution Margin Income Statement (at Break-Even)
Amount Percentage of sales
Sales $X 100%
Variable costs $Y Y/X * 100%
Contribution margin $Y Y/X * 100%
Fixed costs $Y Y/X * 100%
2. To calculate the sales needed to break even when the fixed costs increase by $126,000, we can use the contribution margin ratio. The contribution margin ratio is the contribution margin divided by the sales. At the break-even point, the contribution margin ratio is equal to 1.
Contribution margin ratio = Contribution margin / Sales
= $24 / Sales
Since the contribution margin ratio is equal to 1, we can set up the equation:
1 = $24 / Sales
Solving for Sales:
Sales = $24 / 1
= $24
Therefore, to break even when the fixed costs increase by $126,000, the company would need to generate $24 in sales.
To know more about Blanchard Company click here :
https://brainly.com/question/15030471
#SPJ11
Resource scientists help the understanding in which of the following areas
The resource scientists gives an insight into some areas that includes
commerceenergytransportationagriculture etcWho are the resource scientists?These are scientist that deals with extraction of substance which exists in the earth and could be extracted someday at some price with some technology.
Most times, these resource scientists work with other geoscientists or social scientists to help solve arising issues in their departments.
Read more about resource scientists
brainly.com/question/2818981
#SPJ1
Resource scientists help understanding and solve the issues in areas such as commerce, energy, transportation, agriculture, and the environment.
What is a resource scientist?A resource scientist is someone who conducts research on climate, weather, and site conditions.
Resource scientists generally works with the geoscientists or social scientists to help them in getting the solution for the issues related to the agriculture, environment etc.
The quality or skills that is needed for the resource scientist are critical thinking, math skills, writing skills, communication etc.
Learn more about the scientists here:-
https://brainly.com/question/12965344
#SPJ1
The demand side of economic policy, refers to the actions undertaken by a nation's central bank to control money supply to maintain economic growth. This is an example of
Inflation
monetary policy
Debt management
Loans
Answer:
The perspective of economic policy that focuses its efforts to follow a national central bank when it wants to make sure money supply is regulated to achieve a continuous economical positive development is an example of:
monetary policy
Explanation:
The reasons behind this answer are that monetary policy is the concept used to represent the efforts of a certain monetary organization to make sure the interest rates are set in the best scenario to enable borrowers to pay their debts. Pointing to a scenario of economical and monetary stability that would support the country in times of economical distress.
Traditional media have recently seen a decline in advertising due to increased marketing budgets spent on which of the following?
A) television
B) digital billboards
C) newspapers
D) direct mail
E) Internet advertising
E) Internet advertising.
As more and more consumers turn to the internet for information and entertainment, companies have shifted their marketing budgets towards online advertising channels such as social media, search engine marketing, and display ads. This has led to a decline in traditional media advertising, including television, newspapers, and direct mail. However, some traditional media such as digital billboards are still being utilized by advertisers.
Learn more about "advertising" at https://brainly.com/question/14227079
#SPJ11
You plan to make a series of deposits in an interest-bearing account. You deposit $100 in one year, $200 in two years and $300 in three years. If you withdraw $50 in two years, and $100 in four years, how much will you have in five years?
Calculating the interest earned on each deposit and considering the withdrawals, we find that the total amount in the account after five years is $650.
To calculate the total amount in the account after five years, we need to consider the deposits and withdrawals made at different times.
In the first year, you deposit $100 into the account. This amount will earn interest for five years.
In the second year, you deposit $200 into the account. This amount will earn interest for four years.
In the third year, you deposit $300 into the account. This amount will earn interest for three years.
In the second year, you also withdraw $50 from the account. This withdrawal reduces the overall balance.
In the fourth year, you withdraw another $100 from the account.
After calculating the interest earned on each deposit and considering the withdrawals, we find that the total amount in the account after five years is $650.
Learn more about deposits here:
https://brainly.com/question/28027513
#SPJ11
Feelings can be hurt by mutually respecting coworkers. Please select the best answer from the choices provided T F
Answer:
False
Explanation:
A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.
This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.
Basically, when coworkers or employees working in an organization have mutual respect for one another, it would help to tighten or strengthen the bond that exists in the workplace and as such improving their feelings for each other.
This ultimately implies that, feelings cannot be hurt by mutually respecting coworkers.
ayayai corp. has assets of $4424000, common stock of $1086000, and retained earnings of $626000. what are the creditors’ claims on their assets? $2026000 $4042000 $4896000 $2712000
Creditors' claims on Ayayai Corp.'s assets amount to $4,042,000.Creditors' claims on a company's assets are calculated by subtracting the total stockholders' equity from the total assets.
In this case, the assets of Ayayai Corp. are $4,424,000, and the stockholders' equity consists of common stock worth $1,086,000 and retained earnings of $626,000. Subtracting the stockholders' equity from the total assets gives us $4,424,000 - ($1,086,000 + $626,000) = $4,042,000. This means that creditors have a claim of $4,042,000 on Ayayai Corp.'s assets.
Creditors' claims on a company's assets represent the amount owed to external parties, such as lenders and suppliers, in the event of liquidation. It's important to differentiate between stockholders' equity, which represents the ownership interest of the company's shareholders, and the claims of creditors. Stockholders' equity includes common stock and retained earnings, which are the accumulated profits of the company that have not been distributed to shareholders.
To calculate creditors' claims, we start with the total assets of the company. In this case, Ayayai Corp. has assets worth $4,424,000. Then, we subtract the stockholders' equity, which consists of common stock ($1,086,000) and retained earnings ($626,000). By subtracting the stockholders' equity from the total assets, we find that creditors' claims amount to $4,042,000. This represents the portion of the assets that is not owned by the shareholders, but rather owed to external parties.
Learn more about Creditors' claims
brainly.com/question/32631856
#SPJ11
Craig was scheduled to attend a meeting about a new project, but the flu kept him at home. What can Craig do to catch up on the outcome of the meeting once he has recovered?
Answer:
Read the minutes from the meeting
Explanation:
At every formal meeting, there someone assigned to take minutes of the proceedings. The minutes detail the discussion and resolutions made at the meeting.
Once Craig has recovered, he should make efforts to get a copy of the minutes. By reading the minutes, Craig will be up to speed with the outcome of the meetings.
how
has covid 19 affect sickle cell with hospital financial
strain
The financial strain caused by the COVID-19 pandemic has had an impact on the management and treatment of sickle cell disease in hospitals.
Hospitals have faced resource constraints, including limited staff, equipment, and funding, which can affect the quality and accessibility of care for individuals with sickle cell disease. This may lead to challenges in providing timely and comprehensive treatment, monitoring, and support services for patients with sickle cell disease, potentially impacting their overall health outcomes. The financial strain on hospitals has highlighted the need for continued investment and support in healthcare systems to ensure the provision of adequate care for individuals with chronic conditions like sickle cell disease.
learn more about:- financial strain here
https://brainly.com/question/28270733
#SPJ11
why is business-to-consumer e-commerce convenient? a. shoppers can purchase online any time they want. b. bricks-and-mortar stores remain open longer. c. it's easier for customers to drive to the store's location. d. consumers can schedule a call to ship products.
Business-to-consumer e-commerce convenient is option (A), shoppers can purchase online any time they want.
Business-to-consumer or Direct to consumer is the business model of selling products directly to customers and thereby bypassing any third-party retailers, wholesalers, any other middlemen.
The benefit of business-to-consumer in the e-commerce models, choose from wide range of goods and services, enjoy simplicity and comfort, through B2C save money and time.
In the e-commerce convenient for buying goods or services without creating physical limitations. It requires just a few clicks from the comfort of your home to gain the merchandise.
To know more about Business-to-consumer here,
https://brainly.com/question/28273601
#SPJ4
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Creating an anonymous complaint or grievance process is something
employers can implement to prevent which of the following?
O A. Layoffs
B. Harassment
C. Taxed income
D. Arguments
What is entrepreneur?
Answer:
someone who is willing to take the necessary risk and uncertainties associated with setting up and managing a business or enterprise
Answer:
Someone who has they're own business. For example, my dad, he made a small company after he left the military called Triple L and he does different things like land work
Explanation:
For an economy as a whole, income must equal expenditure because a. the number of firms is equal to the number of households in an economy. b. individuals can only spend what they earn each period. c. every dollar of spending by some buyer is a dollar of income for some seller. d. every dollar of saving by some consumer is a dollar of spending by some other consumer.
Every dollar of spending by some buyer is a dollar of income for some
seller is why income must equal expenditure.
What is Economy?This is defined as all the activities related to production, consumption, and
trade of goods and services in an area.
Income is equal to an expenditure in an economy as a result of every
dollar spent by the buyer being equal to the dollar received by the seller
which makes option C the most appropriate option.
Read more about Economy here https://brainly.com/question/16022081
A reason for institutions becoming more assertive in promoting the interests of their member investors is:
a. Institutional investors are rarely able to influence management policy.
b. Institutions have nominated members on the finance committee of the board of directors.
c. Institutions have greater flexibility in selling stocks than do individual investors.
d. Expressing dissatisfaction with management performance by selling a large block of stock would reduce the value of the institution’s holdings.
Expressing dissatisfaction with management performance by selling a large block of stock would reduce the value of the institution’s holdings.
The correct option is (d)
What is an Institutional Investors ?An institutional investor is a company or organization that invests money on behalf of clients or members. Hedge funds, mutual funds, and endowments are examples of institutional investors. Institutional investors are considered savvier than the average investor and are often subject to less regulatory oversight. Credit unions, banks, large funds such as a mutual or hedge fund, venture capital funds, insurance companies, and pension funds.
The correct option is (d)
Learn more about Institution Investors at:
https://brainly.com/question/31959196
#SPJ4
Lubbock healthcare's controller has calculated that this for-profit company must pay state and federal income taxes this year at a rate of 20 percent. depreciation on equipment purchased for the emergency department will amount to $20,000 this year. income tax savings for the current year on this equipment will therefore amount to:
Lubbock Healthcare's income tax savings for the current year on the depreciation of equipment purchased for the emergency department will therefore amount to $4,000.
The income tax savings on the depreciation of equipment for Lubbock Healthcare can be calculated using the formula:
Tax savings = Depreciation expense x Tax rate
In this case, the depreciation expense is $20,000 and the tax rate is 20%.
Tax savings = $20,000 x 0.20
Tax savings = $4,000
Therefore, Lubbock Healthcare's income tax savings for the current year on the depreciation of equipment purchased for the emergency department will be $4,000.
Depreciation is considered a non-cash expense because it represents the reduction in the value of an asset over time due to wear and tear, obsolescence or other factors. It is therefore deductible for tax purposes, which reduces the taxable income and the amount of income tax payable.
In conclusion, businesses can use depreciation to reduce their taxable income and consequently lower their income tax bill. By taking advantage of depreciation and other tax-saving strategies, companies can effectively manage their tax liabilities and maximize their profits.
To know more about tax savings refer here:
https://brainly.com/question/14756138#
#SPJ11
how is merchandise at the superbowl sold to ticket holders?
According to Legends, attendees spent an average of $212 inside the stadium, with $132 going toward food and beverages and $80 going toward merchandise both Super Bowl records. Over the previous five years, Super Bowl 50's average fan spending increased by about 40%.
What is meant by Super Bowl ?The National Football League's (NFL) annual championship game, known as the Super Bowl, determines the league champion. Since 1966, it has replaced the NFL Championship Game as the last contest of each NFL season.
The game is being played on the second Sunday in February every year as of 2022. With the exception of 2002 and the first Sunday of February from 2004 to 2021, Super Bowls in the past have been held on Sundays in early to mid-January, late January, and late-February. The Vince Lombardi Trophy is given to winning teams.
Learn more about Super Bowl, from :
brainly.com/question/29973235
#SPJ1