The accounting concept which relates to separating the reporting of business economic transactions and personal economic transactions is <u>Business Entity Concept</u>.
An organization transaction needs to have the following characteristics: It ought to be for a sum positive in cash (i.e., of an economic fee) It ought to be supported through a source file (e.g. income invoice, dependable receipt, disbursement voucher, remittance recommendation, and so on.) It has to have a -fold effect on the factors of accounting.
In accounting, a transaction in any monetary business enterprise occasion influences an agency's economic statements. because transactions consist of any event that has a financial impact on your economic facts, there are quite a few gadgets that are transactions. based mostly on the trade of cash, there are 3 kinds of accounting transactions, mainly cash transactions, non-cash transactions, and credit transactions.
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Answer:
22.64%
Explanation:
Given that
Buyed value of an asset = $4,500
Projected cash flows
For year 1 = $750
For year 2 = $1,000
For year 3 = $850
For year 4 = $6,250
So, the rate of return i.e internal rate of return is
We assume the internal rate of return be X%
$4,500 = $750 ÷ (1.0x) + $1000 ÷ (1.0x)^2 +$850 ÷ (1.0x)^3 + $6,250 ÷ (1.0x)^4
After solving this, the rate of return is 22.64%
Market power because it is the ability of a firm to set on price of goods ( when both firms merges to have power over market
Answer:
lead generation
Explanation:
Based on the information that is describing the situation at hand it seems that In terms of direct marketing, this is known as lead generation. This term refers to the activities or tasks that a company undergoes in order to attract potential customers towards their products or services. Which is what Four Seasons Hotels are doing by sending direct mail to their potential customers in order to attract them towards their hotels.
Answer:
Scarcity refers to the basic economic problem, the gap between limited that is, scarce resources and theoretically limitless wants. This situation requires people to make decisions about how to allocate resources efficiently, in order to satisfy basic needs and as many additional wants as possible.
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