Answer: Option (B) is correct.
Explanation:
The three limitations to balance sheets are as follow:
1.) Assets are being noted or stored at a historical cost,
2.) There is a thorough use of the estimates,
3.) There's also omission of several precious non-monetary assets.
Therefore from the given options, we can state that the key limitation of using a balance sheets under the constraints of financial analysis is that different items in a balance sheet are or may be evaluated differently.
Answer:
the market value of the property is $628,300
Explanation:
The computation of the market value of the property is shown below;
Gross rent $10,000 × 12= $120,000
Now
= $120,000 × .92 (occupancy rate)
= $110,400
After that
= $110,400 - $47,570
= $62,830
And ,finally the market value of the property is
= $62,830 ÷ 0.10
= $628,300
hence, the market value of the property is $628,300
Answer:
introduction of modern machines for harvesting
Answer:
International Monetary Fund, IMF and the World Bank
Explanation:
The Bretton Woods Agreement was negotiated in July, 1944 which established a new global monetary system. It made US dollar the global currency and replaced gold standard.
This agreement created The World Bank and International Monetary Fund (IMF) which would monitor the new monetary system.
The Bretton Wood system was dissolved in 1970's but IMF and The World Bank still exist and are strong pillars of global monetary system.
