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HACTEHA [7]
3 years ago
9

Explain why having a good accountant is important for a large business. What does an accountant do? Do some research to find out

. What might happen to a business if they did not have an accountant?
Business
1 answer:
Setler79 [48]3 years ago
7 0

Answer:

Having a good accountant if you own a large business is important because any mistakes could be detrimental in the long run and upset clients.An accountant takes care of all finances, If a business did not have an accountant it would most likely take a turn for the worst.

-Hope i helped :D

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Project A has cash flows of $4000, $3000,&0 and $3000 for years 1 to 4 and project B has cash flows $2000,$3000,2000,$3000 f
rosijanka [135]

Answer:

Project X has both a higher present and a higher future value than Project Y.

Explanation:

Hope this helps :)

7 0
4 years ago
don draper has signed a contract that will pay him 80000 at the beginning of each year for the next 6 years plus an additional a
Nata [24]

Answer:

$449,830

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.

Don draper will receive total 7 payments in 6 years time.

Formula for Present value of annuity is as follow

PV of annuity = P + P x [ ( 1- ( 1+ r )^-n ) / r ]

P = Payment = $80,000

r = rate of return = 8%

n = number of years = 6 years

PV of annuity = $80,000 + $80,000 x [ ( 1 - ( 1+ 8% )^-6 ) / 8% ]

PV of annuity = $80,000 + $369,830

PV of annuity = $449,830

4 0
4 years ago
Quiz Instructions
Reil [10]

Answer:

The price of alternatives or substitutes

Reason: When there are alternatives or substitutes, this means that the consumer can then get better options.

3 0
3 years ago
Which statement is TRUE regarding gross living area (GLA) in an exterior-only inspection appraisal for Fannie Mae
Rom4ik [11]

The appraiser must identify the data source for the GLA.

Is TRUE regarding gross living area (GLA) in an exterior-only inspection appraisal for Fannie Mae

Property valuation, property valuation, or land valuation is the process of creating a property valuation (usually market value). Real estate transactions are traded daily and, in contrast to corporate stocks that are identical, are infrequent and each property is unique (especially its condition, an important factor in valuation) and may require the valuation.

The location also plays a decisive role in the evaluation. However, real estate cannot be relocated, so it is often the upgrade or improvement of a home that can change its value. Evaluation reports are the basis for mortgages, real estate planning, divorce, taxation, and more. Valuation reports are sometimes used to set the sale price of a property.

In addition to various compulsory education levels from finance to civil engineering, most, if not all, countries require appraisers to be licensed to practice.

Learn more about Appraisal  here: brainly.com/question/843074

#SPJ4

3 0
2 years ago
"which group of organizational participants has the most vague job description?"
bezimeni [28]
<span>Maintenance workers have the most vague job description out of all the positions. Every other position has a detailed list explaining all of their duties. However, the maintenance position only lists one sentence of what their duties entail.</span>
6 0
3 years ago
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