Miss Nadia purchased a car for Rs. 500,000. Based on historical averages, this car is worth 30% of the purchase price now and it is being sold at this price. What is the car s market value ? Rs. 51,875 Rs. 112,500 Rs. 150,000 Rs. 350,000
Question
Updated 2/18/2014 10:24:06 PM
This conversation has been flagged as incorrect.
Flagged by samn [2/18/2014 10:24:06 PM]
s
Original conversation
User: Miss Nadia purchased a car for Rs. 500,000. Based on historical averages, this car is worth 30% of the purchase price now and it is being sold at this price. What is the car s market value ? Rs. 51,875 Rs. 112,500 Rs. 150,000 Rs. 350,000

Question
Updated 2/18/2014 10:24:06 PM
This conversation has been flagged as incorrect.
Flagged by samn [2/18/2014 10:24:06 PM]
Rating
8
Let x= value of the car now
Purchase priced of the car = 500,000

Solution:
x=30% (500,000)
x=150,000

The car's market calue is Rs. 150,000.

Questions asked by the same visitor
If the book value exceeds the market value, then the difference is treated as a_________ for tax purposes. a)Profit b)Loss c)Surplus (d)None of the given options
Weegy: b (More)
Question
Updated 115 days ago|10/30/2023 12:20:10 AM
If the book value exceeds the market value, then the difference is treated as a SURPLUS for tax purposes.
Added 115 days ago|10/30/2023 12:20:07 AM
Which of the following is the overall return the firm must earn on its existing assets to maintain the value of the stock ? (a)WACC (Weighted Average Cost of Capital) (b)AAR (Average Accounting Return) (c)IRR (Internal Rate of Return) (d)MIRR (Modified Internal Rate of Return)
Weegy: a)WACC (Weighted Average Cost of Capital User: Mr. A, as a financial consultant, has prepared a feasibility report of a project for XYZ Company that the company is planning to undertake. He has suggested that the project is feasible. The consultancy fee paid to Mr. A will be considered as: (a)Sunk cost (b)Opportunity cost (c)Both sunk cost and opportunity cost (d)Neither sunk cost nor opportunity cost (More)
Question
Updated 237 days ago|6/30/2023 1:34:08 AM
Mr. A, as a financial consultant, has prepared a feasibility report of a project for XYZ Company that the company is planning to undertake. He has suggested that the project is feasible. The consultancy fee paid to Mr. A will be considered as: Sunk cost.
Added 237 days ago|6/30/2023 1:34:08 AM
You have Rs. 1,000 to invest. You have 2 choices; first is the savings account A,which earns 8.75 percent compounded annually and second is the savings account B, which earns 8.50 percent compounded monthly. Which account should you choose and why? a)Account A; because it has a higher effective annual rate b)Account B; because it has a higher effective annual rate c)Account A; because it has the higher quoted rate d)Account B; because the quoted rate is higher
Weegy: d)Account B; because the quoted rate is higher (More)
Question
Updated 220 days ago|7/17/2023 1:11:13 AM
You have Rs. 1,000 to invest. You have 2 choices; first is the savings account A,which earns 8.75 percent compounded annually and second is the savings account B, which earns 8.50 percent compounded monthly. Account B; because it has a higher effective annual rate.

Added 220 days ago|7/17/2023 1:11:13 AM
2+2+3+2+2+2+2+2+2+2+2+2+2+2+2+2+2+2+32=
Weegy: very funny User: 2+2+2+2+2= (More)
Question
Updated 5/8/2014 5:45:24 AM
2+2+3+2+2+2+2+2+2+2+2+2+2+2+2+2+2+2+32 is 69.
2+2+2+2+2 is 10.
38,897,667
Popular Conversations
Can seeds grow into gymnosperms and mosses
Weegy: Mosses are Bryophytes. User: what are angiosperms Weegy: Mosses are bryophytes. User: what are ferns ...
what is one of the best ways to detemine what kind of
Digital piracy is also known as
Weegy:
What does PCT mean in basketball
Weegy: Constructed railroads were made by Private investors. User: What was the spoils system? Weegy: Spoil system ...
In The Proposal, after Stepan brings Ivan back into the house, what's ...
Weegy: The second thing that Ivan and Natalya fight about in "The Proposal" is: Their dogs. User: In The Proposal, as ...
*
Get answers from Weegy and a team of really smart live experts.
S
L
P
Points 1355 [Total 3084] Ratings 1 Comments 1345 Invitations 0 Offline
S
L
Points 927 [Total 2625] Ratings 0 Comments 927 Invitations 0 Offline
S
L
Points 660 [Total 660] Ratings 0 Comments 0 Invitations 66 Offline
S
L
Points 500 [Total 1311] Ratings 1 Comments 490 Invitations 0 Offline
S
L
Points 494 [Total 494] Ratings 7 Comments 424 Invitations 0 Offline
S
L
L
Points 96 [Total 6743] Ratings 2 Comments 76 Invitations 0 Offline
S
L
1
1
1
1
Points 70 [Total 2225] Ratings 7 Comments 0 Invitations 0 Online
S
L
Points 34 [Total 3448] Ratings 1 Comments 24 Invitations 0 Offline
S
L
R
R
L
Points 11 [Total 6099] Ratings 0 Comments 11 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.