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blagie [28]
2 years ago
9

True or false: the multiplicities on the duality association between purchases and cash disbursements depend on the nature of th

e business as well as the terms of individual purchases.
Business
1 answer:
Vikentia [17]2 years ago
4 0

The statement is True. The multiplicities of the duality association between purchases and cash disbursements depend on the nature of the business as well as the terms of individual purchases.

Personal purchases manner a buy of products and offerings requested by using a member, or by using any worker of Conservation Halton or their circle of relatives contributors, the requirement for which isn't always for Conservation Halton or any of its functions, but is private to the man or woman asking for the purchase.

Original purchase charge approaches the fee paid through you for the motor automobile or a maximum of one hundred ten% of the market cost of the vehicle as described by way of Glass's manual Retail at time of purchase, whichever is the lesser such as all manufacturing facility equipped add-on) and after any discount given, but does no longer encompass the value of supplier-equipped add-ons, avenue fund license, new vehicle registration fee, gasoline, paintwork and/or upholstery protection kits, insurance rates together with the premium for this coverage, warranty rates, any finance arrears and one of these associated charges and any bad equity transferred from a preceding finance settlement.

Webster Jr. and Yoram Wind outline organizational shopping as the choice-making procedure by means of which formal companies set up the want for bought products and services and become aware of, examine, and pick out amongst opportunity brands and suppliers.

Learn more about the individual purchases here brainly.com/question/25658352

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Jack and jill have just had their first child. if college is expected to cost ​$180 comma 000180,000 per year in 1818 ​years, ho
oksano4ka [1.4K]
Given:
tuition: 180,000 per year
period to save: 18 years
annual rate of return : 6%

FV = PV * (1+r)^t
180,000 = PV * (1 + 0.06)¹⁸
180,000 = PV * (1.06)¹⁸
PV = 180,000 / (1.06)¹⁸ = 180,000 / 2.854 = 63,069.38

Jack and Jill will have to invest 63,069.38 in the first year to have a total of 180,000 after 18 years. 

Using Future Value Annuity formula:

FV of Annuity = P [{(1+r)^n - 1} / r]

180,000 = P [{(1.06)¹⁸ - 1} / 0.06]
180,000 = P (30.906)
P = 180,000 / 30.906
P = 5,824.11

Jack and Jill will have to deposit 5,824.11 every end of the year for the total to reach 180,000 after 18 years.
8 0
3 years ago
For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acqu
Karolina [17]

Answer and Explanation:

The journal entry is shown below:

Depreciation expense Dr $398,000

          To Accumulated depreciation $398,000

(Being the depreciation expense is recorded)

For recording this we debited the depreciation expense as it increased the expenses and credited the accumulated depreciation as it decreased the value of the assets

The computation of the depreciation expense is as follows

Cost of the asset               $3,250,000

Less: accumulated

depreciation till date       ($1,801,000)

Undepreciation cost        $1,449,000

Less:

Estimated residual value  ($255,000)

Value for remaining

3 years                               $1,194,000

Divided by 3 years              ÷ 3

Depreciation expense      $398,000

3 0
3 years ago
Select the correct answer.
Vanyuwa [196]
Answer:a is the answer:)
6 0
3 years ago
Examine the information presented below for Perfect Fit Clothing Store’s first year of business. The Vice President of Sales cla
raketka [301]

Answer:

Explanation:

Cash flow statement should include items that are either received or paid for in cash. In the given case, the following items have been incorrectly reported

Issuance of Note for Truck is a non-cash transaction as well as Purchase of Truck with a Note. There is no cash involved with either transaction. Depreciation is listed in the sources of cash however depreciation is a non-cash operating expense and should not be included. The organization of the statement of cash flows presented in the question is not correct as well. Once organized in the correct manner and adjusted for the depreciation correctly the result is net increase in cash at 119,000 not 109,000. This shows that the Cash flow from operating activities provides a net income of -33,000 which is a loss

6 0
4 years ago
Read 2 more answers
Contracts for sale may contain sections that cause implementation of the contract to depend on the successful completion of some
aliina [53]

Answer:

C. contract with contingencies

Explanation:

Real estate contracts that contain contingencies or provisions that must be met before the real estate contract can be fulfilled are called contracts with contingencies. If this contingencies or provisions are not fully satisfied, the contact is null or void, e.g. the buyer will only proceed with the operation if the house passes the inspection.

3 0
3 years ago
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