Answer:
Reserves
Explanation:
Risk is any uncertain event with positive or negative consequences on a project. Contingency costs are related to risks, and therefore cannot be disregarded in risk management within a project. It is essential that management plan and prevent for the project to occur in a predictable and effective manner.
Answer:
The right solution is Option a (-$6,678).
Explanation:
Given that:
Up-front cost,
= $250,000
Expected cash flows,
= $110,000
Assuming cost of capital,
= 12%
Now,
The expected net present value will be:
= 
= 
= 
($)
Answer:
The correct answer is (C)
Explanation:
They are the two crucial characteristics that are general used to make accounting data more useful to make long-term decisions. To be exact, faithful representation helps to attain the relevant data for the company and this quality enhances the reliability of financial data. Completeness, fairness and free of error these three characteristic are a part of faithful representation of data.
Answer:
$14,400
Explanation:
The computation of the current book value of the machine is shown below:-
Value of the Machine two Years ago = $ 18,000
Annual Depreciation = Cost - Salvage Value ÷ Useful Life
= ($18,000 - 0) ÷ 10
= $ 1,800
Depreciation for two years = $1,800 × 2
= $ 3,600
The Current Book Value = Cost - Depreciation for two years
= $18,000 - $3,600
= $14,400
Answer:
3 is the correct answer, financial managers are in charge of all of the companies finances
Explanation:
