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4 years ago

How do long term goals differ from short term goals

2 answers:

6 0

Long-term goals are goals that take a longer amount of time to reach completion compared to short-term goals. Most people use short-term goals as a stepping stool to complete their long-term goal. Short-term goals seem more attainable to people because they have an end result they can 'see' as opposed to long-term goals.

Lyrx [107]4 years ago

5 0

Short term goals are anywhere from one week, to less then one year to complete. Long term goals are something that takes you a year or more to complete

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Rossiter Restaurants is analyzing a project that requires $180,000 of fixed assets. When the project ends, those assets are expe

Leviafan [203]

Answer:

Cash in-flow in the last year.

Explanation:

Salvage value, also known as residual value, is the amount that you receive from sale of Property, Plant, and Equipment at the end of useful life. When computing the NPV of any project, we consider all the relevant cash flows of that project. Since, $45,000 will be received when project ends from sale of Fixed asset, so this figure will be treated as Cash in-flow and discounted.

8 0

3 years ago

Ski Master Company pays weekly salaries of $3,100 on Friday for a five-day week ending on that day. Required: Journalize the nec

balandron [24]

Solution:

3,100 / 5 = 620 per day

So the wages outstanding we need to pay still are the 3 days left in the year (the work was done so we must match the revenues and expenses)

Wages Expense = 620 * 3 = 1,860

Wages Payable......1,860

(620 * 3) to accrue wages that have not yet been paid

6 0

3 years ago

the annual discount rate is 10% beginning in 2016, you will receive $10000 on the first day of every year. what is the resent va

-Dominant- [34]

Answer:

$100,000

Explanation:

Data provided

Perpetual cash flow = $10,000

Discount rate = 10%

According to the given situation, the computation of Present value of this inginite sequence of cash flow is shown below:-

Present value = Perpetual cash flow ÷ discount rate

= $10,000 ÷ 10%

= $10,000 ÷ 0.1

= $100,000

Therefore for computing the present value we simply applied the above formula.

7 0

4 years ago

Positions organized in a hierarchy of authority is an important characteristic of: a. total quality management. b. quantitative

Paraphin [41]

Answer: Bureaucratic organizations

Explanation: These organisations works with a high degree of formality in their operations. The structure of authority in such organisations are fixed and usually depicts pyramid structure.

The decisions under such organisations are made in an organized and predetermined basis. In such organisations, a separate pyramid structure of authority is followed by every different department.

3 0

3 years ago

At the beginning of Year 1, Copeland Drugstore purchased a new computer system for $270,000. It is expected to have a five-year

gogolik [260]

Answer:

Depreciation Straight Line Expense= 230,000/5= $ 46,000

Explanation:

Depreciation Straight Line Method= Cost - Salvage Value/ Useful Life

Depreciation Straight Line Method= $270,000- $40,000/5

Depreciation Straight Line Method= 230,000/5= $ 46,000

As it is straight line depreciation each year the depreciation expense will be the same . It will not change and hence will be $ 46,000

Straight Line Rate= 100%/ useful Life= 100%/5 = 20%

Double Declining Method = 2 * Straight Line Rate

Double Declining Method = 2 * Straight Line Rate= 2*20%= 40%

Year Book Value Dep Rate Dep Expense Accu. Dep. Book Value

1 $ 270,000 40% $ 108,000 108,000 162,000

2 $ 162000 40% 64,800 172,800 97,200

3 97,200 40% 38,880 211,680 58,320

4 58,320 40% 23328 235,008 34,992

5 32,992 40% 13997 249,005 20,995.2

3 0

3 years ago