The selection technique that will be most helpful in obtaining this information is the REFERENCE CHECK. Reference check in this case involves contacting the applicants previous employers in order to obtaining necessary information about them.
Answer:
Attached are causes of arguments between or among parties
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Answer:
Laser Delivery Services, Inc. (LDS)
Analyzing the Effects of Transactions Using T-Accounts:
Cash
Date Accounts Titles Debit Credit
a. Common Stock $40,000
c. Delivery Truck $2,000
d. Delivery Truck 2,000
Balance 36,000
Common Stock
Date Accounts Titles Debit Credit
a. Cash $40,000
Land
Date Accounts Titles Debit Credit
b. Note Payable $12,000
Note Payable
Date Accounts Titles Debit Credit
b. Land $12,000
c. Delivery Truck 18,000
Balance $30,000
Delivery Trucks
Date Accounts Titles Debit Credit
c. Cash $2,000
Note Payable 18,000
d. Cash 2,000
Balance $22,000
2. Classified Balance Sheet as of December 31, 2010:
Assets:
Cash $36,000
Land 12,000
Delivery trucks 22,000 $34,000
Total assets $70,000
Liabilities + Equity:
Notes Payable 30,000
Common Stock $40,000
Total liabilities + Equity $70,000
Explanation:
a) Trial Balance
Cash $36,000
Land 12,000
Delivery trucks 22,000
Common Stock $40,000
Notes Payable 30,000
Totals $70,000 $70,000
b) Business transactions affect the accounting equation (assets = liabilities + equity) by increasing or decreasing the two sides equally. This means that the accounting equation is always in balance before and after every transaction.
Answer:
Project should have minimum annual cash flow of $62,373.06 to accept the project
Explanation:
Any project will be accepted if its net present value (NPV) is positive
Hence, NPV>0
Sum of discounted cash inflow - Discounted Cash outflow > 0
Annual cash inflow * PVAF (8.2%, 11 years) - $440,990 > 0
Annual cash inflow * 7.0702 - $440,990 > 0
Annual cash inflow * 7.0702 > $440,990
Annual cash inflow > $440,990 / 7.0702
Annual cash inflow > $62,373.06
So project should have minimum annual cash flow of $62,373.06 to accept the project