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3 years ago

What is the opposite of a non convertible currency?

Business

1 answer:

Cerrena [4.2K]3 years ago

3 0

The opposite of a non convertible currency would be a convertible one

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A master budget ________. A. is the initial plan of what the company intends to accomplish in the period and evolves from both

yaroslaw [1]

Answer:

The correct answer is option D) A Master Budget is is a substitute for the management functions of planning and coordination.

Explanation:

A master budget is not the initial budget a company makes, It is the final budget that incorporates all other specific budgets such as financial budget, operational budget, production budget, marketing budget and ore.

It serves a central planning tool that a management team uses to direct the activities of a company, set targets and execution strategy.

It also provides a framework to judge performance for respective departments.

4 0

3 years ago

Read 2 more answers

You are the manager of a large crude-oil refinery. As part of the refining process, a certain heat exchanger (operated at hig

lubasha [3.4K]

Answer:

The company could pay up to 866,965.89 dollars today to solve the current heat exchanger situation

Explanation:

We have to determinate the present value of 7 year annuity which increase at a rate of 7% when the cost of capital is 15% being the first quota 175,000 dollars

$\frac{1-(1+g)^{n}\times (1+r)^{-n} }{r - g}$

grow rate 0.07

required return 0.15

Cuota 175,000

n 7

PV = 866,965.89

5 0

3 years ago

Are there any benefits for the law being "Vague and Variable"?

Alisiya [41]

Their benefit is to all of society rather than to an individual

8 0

4 years ago

Chez Fred Bakery estimates the allowance for uncollectible accounts at 3% of the ending balance of accounts receivable. During 2

yan [13]

Answer:

$50,120

Explanation:

Account receivable on December 31, 2021 × 3% = 600

Account receivable on December 31, 2021 = $600 ÷ 3% = $20,000

Accounts receivable on January 1, 2021 = $20,000 - $118,000 + $148,000 + $120 = $50,120

Therefore, the balance of accounts receivable on January 1, 2021 is $50,120.

5 0

4 years ago

A five-year project has a projected net cash flow of $15,000, $25,000, $30,000, $20,000, and $15,000 in the next five years. It

riadik2000 [5.3K]

The value of Net present value is $12,895.45.

Given that

initial investment = $50,000

1st-year cash flow = $15,000

2nd-year cash flow =$ 25,000

3rd-year cash flow =$ 30,000

4th-year cash flow = $20,000

5th-year cash flow = $15,000

rate = 20%

using formula

$NPV = \frac{R}{({1+i})^t}$

$NPV = \frac{15000}{({1+0.20})^5}\\NPV = 12895.45$

<h3>What is Net Present value?</h3>

The current value of a future stream of payments from a business, project, or investment is determined using net present value, or NPV.
You must predict the timing and size of future cash flows in order to determine NPV, and you must choose a discount rate that is equal to the least allowable rate of return.
Your cost of capital or the rewards offered by substitute investments with comparable risk may be reflected in the discount rate.
Positive NPV indicates that the rate of return on a project or investment will be higher than the discount rate.
to learn more about Net present value with the given link

brainly.com/question/14293955

#SPJ4

4 0

2 years ago