Answer:
Option C. The highest NPV is always the best option.
Explanation:
The reason is that IRR assumes that the reinvestment rate is also at IRR which is not a realistic assumption. The Net Present Value resolves this as it assumes that the reinvestment rate is cost of capital and hence is more better than IRR to appraise the project.
The decision rule in the Net present value method is that the project which has higher positive Net present value is regarded as best project among two mutually exclusive projects.
Answer:
D) The negotiator role
Explanation:
According to my research on the different types of roles and responsibilities in a business, I can say that based on the information provided within the question Norman exemplifies the negotiator role in this scenario. This is because he is responsible for persuading buyers to buy more while negotiating the price if they do buy more of their product.
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Supplies expense is $11,400.00.
Expenses = Beg Inv + Addl Inv - Remaining
= 5,100 + 12,400 - 6,100
= 11,400
Answer:
$252,000
Explanation:
Calculation for the cost of goods sold for the Askew Company for the year ending June 30, 2021.
First step is to calculate the Net Purchase
Purchases 259,000
Less Purchase discounts (7,900)
Less Purchase returns (11,900)
Add Freight-in 20,800
Net purchase 260,000
Now let calculate the cost of goods sold
Inventory, 7/1/2020 33,900
Add 260,000
Less inventory balance ($41,900)
Cost of goods sold $252,000
Therefore the cost of goods sold for the Askew Company for the year ending June 30, 2021 will be $252,000
I think the best would be C ensure timely payments of taxes