There is no contract here. There was never an offer to publish the stories. Just because Ollie said "I accept" does not qualify this interaction as a contract since the post specifically says "we might share it". There should be no reasonable assumption that the website will publish EVERY story submitted.
Managerial Accounting is different from Financial Accounting in that <em>c. Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions.</em>
The differences between Managerial Accounting and Financial Accounting do not arise because of Managerial accounting:
- Focuses on the organization while financial accounting focuses on projects, etc.
- Never includes non-monetary information; it includes non-monetary information than financial accounting
- Used by investors, while financial accounting is used by creditors
- Structured and controlled by GAAP.
Thus, the difference between the two is that Financial accounting is structured and controlled by GAAP and used by <em>investors and creditors</em>. Managerial accounting is not structured by GAAP and is used by <em>management</em> in decision-making.
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Answer:
according to my opinion you should make a decision tree
For monopolistically competitive businesses, the factor that ultimately causes zero economic profitability is: newly added
What Exactly Is Economic Gain (or Loss)?
The difference between the money made from selling an output and the price of all the inputs plus any opportunity costs is what is known as an economic profit or loss. By deducting potential costs and explicit costs from generated revenue, economic profit is calculated.
Opportunity costs are a kind of implicit cost that management determines and that vary depending on various events and viewpoints.
Analysis of accounting profit and economic profit frequently goes hand in hand. The profit that a corporation reports as accounting profit appears on its income statement. Accounting profit is a measure of actual inflows and outflows that is necessary for a company to have financial transparency.
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Answer:
NPV = 35,660.291
Explanation:
NPV = PV of cash flow + PV at project end - investment - overhaul
.17 discount rate
275,000
86,000
<em>Investment 361,000</em>
420,000
-205,000
-87,000
128,000 net cash flow
PV of cash flow


<em>PV = 351,134.081 </em>
overhaul
-10,000 overhaul in year 2


<em>PV -7305.14</em>
At end of project
+86,000 working capital
+13,000 salvage value
99,000 at project end
PV at project end


<em>PV = 52831.35</em>
NPV = PV of cash flow + PV at project end - investment - overhaul
NPV = 351,134.081 + 52831.35 - 361,000 -7305.14
NPV = 35,660.291