When surplus <span>funds are set aside (idling the excess) and the government does not spend the money nor apply it to past debt, this action does not cause expansion or contraction.
That statement is true. Expansion or contraction happens when the amount of Government budget is accumulated or decreased as the result of last year's operations</span>
<span>The morgan company, a small furniture manufacturer, divides its organization into marketing, human resources, accounting, and production departments. this is an example of departmentalization by function
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Revaluation is used to adjust the book value of a fixed asset to its current market value. ... If a revaluation results in a decrease in the carrying amount of a fixed asset, recognize the decrease in profit or loss
Based on the profits of the new business, the size of the value of the new business would be $282,860.
<h3>What would be the value of the new business?</h3>
The new business is said to make a profit of $100,000 every year and the interest rate is 3%.
The value of the new business is therefore:
= Amount x Present value interest factor of an annuity, 5 years, 3%
= 100,000 x 2.8286
= $282,860
In conclusion, the value would be $282,860.
Find out more on present value of annuities at brainly.com/question/25792915.
