Answer: expenses to be understated
Explanation:
The capital budgeting evaluation method that considers only the recovery of the initial investment and ignores additional cash flows and the timing of the cash flows is the payback method.
<h3>What is payback method?</h3>
The payback method is a budget evaluating method which evaluates how long it takes to recover the initial investment. The payback period usually in years is the time taken to recover enough cash receipts from an investment to cover the cash outflow(s) for the investment.
Therefore, the payback method ignores all cash flows that occur after the payback period and also the time value of money.
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Answer:
Explanation:
The income statement is that statement which reflects gains & income and expenditure & losses for a particular year
A multi step format of income statement show a classification of sales and expenses.
Like to compute net sales, we deduct sales discount & sales return and allowances from sales revenue
like this, there are various expenses such as administrative expenses, selling expenses which come under operating expenses.
Administrative expenses includes rent and sales & wages expenses. whereas, selling expenses includes freight out charges.
The insurance expenses is come when these all expenses are recorded.
The preparation of income statement using the multi-step format is given under attachment sheet.
<span>It is the value of the gold that backs the value of representative money.</span>
Answer:
B) economies of scale
Explanation:
Economies of scale refers to a proportionate saving in costs by increasing ether production output or input purchases.
In this case, the hospitals are saving money because they are buying supplies in bulk. The same applies to most purchases, for example, your school's teams need new jerseys. If the school decides to buy them all together at once they will probably get a discount for large volumes. it would be much more expensive if each team member had to buy his/her own jersey separately.