Most people think some marketing is a scam or fake deals.
Answer: 10%
Explanation:
You can use Excel to solve for this.
The investment will be in negative as shown below.
Input the increase in net annual cash flows 7 times to represent 7 years.
IRR = 9.9999%
= 10%
Answer:
June 30
Explanation:
According to the revenue recognition principle, the transaction should be recorded in the books of accounts when the sale is made. It records that revenue which is earned and the possibility of the receipt of cash should be high.
It records that when the product and services are sold to the customer and in return customer received it. Whether the payment received later but the sale is made.
So, on June 30, the revenue should be recognized.
Answer:
$7,999.54
Explanation:
The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.
These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.
To correctly adjust the book balance, items recognized in the bank statement that are yet to be recorded in the books are done.
The adjusted balance
= $5,559.10 + $499.88 + $1,256.45 + $750.99 - $66.88
= $7,999.54
Answer:
Here is your answer : )
Explanation:
Contractionary fiscal policy means when the government taxes more than it spends.
Expansionary fiscal policy means when the government spends more than it taxes.
Automatic stabilizers means features of the tax and transfer systems that temper the economy when it overheats and stimulate the economy when it slumps without direct intervention by policymakers.
Hope it helps you
