John is considering a purchase of a new toyota that costs $25,000 at a local dealership. john estimates the annual cost of maintenance, registration, insurance, and gas to be about $1,000. after extensive internet research, john estimates that he can sell his toyota in three years for $10,000. what is john's estimated cost of owning and driving the car for three years? choose the correct answer from the following choices, and then select the submit answer button. answer choices
a) $25,000 3 x $1,000 + $25,000 = $28,000
b) 3 x $1,000 + $25,000 - $10,000 = $18,000
c) $25,000 - $10,000 = $15,000

Assume that the governance committee states that all projects costing more than $70,000 must be reviewed and approved by the chief information officer and the it senior leadership team (slt). at this point, the cio has the responsibility to ensure that management processes observe the governance rules. for example, the project team might present the proposed project in an slt meeting for a vote of approval. what does this scenario illustrate about organizational structure?

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.

Microsoft's stock price peaked at 6118% of its ipo price more than 13 years after the ipo suppose that $10,000 invested in microsoft at its ipo price had been worth $600,000 (6000% of the ipo price) after exactly 13 years. what interest rate, compounded annually, does this represent? (round your answer to two decimal places.)