1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anettt [7]
3 years ago
8

What is a fiscal year?

Business
1 answer:
stealth61 [152]3 years ago
6 0

Fiscal year is a 12 month calendar year reserved for the government.

Answer: Option B

<u>Explanation:</u>

In the business concern, corporate company, government and individual followed fiscal year plans. Fiscal year cover the twelve months of the period and also it is divided as four quarters. Year is not calculated from the calendar year from Jan to Dec it is from Oct to Nov.

This calendar is used and adjustable for the administrators, executives, managers, partnerships and individuals, suitable for most companies, corporate, non-profit, public etc for corresponding the fiscal year.

You might be interested in
The process of estimating market value, investment value, insurable value, or other properly defined value of an identified inte
Shkiper50 [21]

Answer:

Valuation

Explanation:

Valuation -

It refers to the process of determining the worth of some object or property , is referred to as valuation .

Or ,

The method to find the present value of any asset is known as valuation .

The process of valuation can be done on objects like , stocks , patents , business enterprises , bond of the company , property etc.

The reason for getting valuation is for investment analysis , merger , taxable events , capital budgeting .

Hence , from the given scenario of the question ,

The correct answer is valuation .

5 0
3 years ago
When Would you need to use Rule 72 ?
Yanka [14]
The rule<span> says that to find the number of years required to double your money at a given interest rate, </span>you<span> just divide the interest rate into </span>72<span>. For example, if </span>you<span> want to know how long it will take to double your money at eight percent interest, divide 8 into </span>72<span> and get 9 years.</span>
8 0
3 years ago
Read 2 more answers
Which of the following would not be classified as a material particiapant in an activity?
Nadusha1986 [10]

Answer:

C. MACRS depreciation expense.

Explanation:

Material participation in an income-producing activity. That is, an activity that is regular, continuous, and substantial leading to income-producing actions, in which the taxpayer materially participates is an active income or loss.

6 0
3 years ago
Rossiter Restaurants is analyzing a project that requires $180,000 of fixed assets. When the period ends, those assets are expec
stealth61 [152]

Answer:

b) cash inflow in the final year of the project

Explanation:

Aftertax salvage value is the net proceeds from the sale or disposal of fixed assets like Plant and Equipment (PPE) at the end of the project. The amount of money received is an income and therefore, tax must be paid on it and the company keeps the rest.

The after tax salvage value of a fixed asset used in a project , is included in the NPV calculation . It is a terminal cashflow and is part of the project since the assets being sold are used in production of the items that Rossiter Restaurants sell. However, it is important to note that you will use the PV of the after tax salvage value with the PV of other cash inflows and initial investment amount to find the NPV of the project.

8 0
4 years ago
1. When processing cash payments, the cashier accepts the check and cash payment from the
Tasya [4]

Answer:

That statement is true.

Explanation:

Most companies require this type of procedures to ensure that the employees wouldn't scam the customers during the transaction process.

Restating the total and the total changes allow the guests to conduct a self-calculation for the purchase, ensuring whether the price is suitable to the price tag that provided on the counter.  This prevent the employees from giving a higher price to the customers and taking the additional amount for themselves.

8 0
3 years ago
Other questions:
  • You are considering investing $1,000 in a complete portfolio. The complete portfolio is composed of Treasury bills that pay 5% a
    14·1 answer
  • Olivia recently opened a salon. she strategically priced her salon's services slightly lower than that of other popular salons i
    11·1 answer
  • What is an action plan
    5·1 answer
  • Richard created an advertisement that included a scientific explanation of how clothes are cleaned beside the image of washing m
    5·1 answer
  • which of the following is the features of memorandum. (a) no salutation (b) dear ma/sir (c) it contains letter headed paper (d)
    12·1 answer
  • Match each of the definitions that follow with the appropriate investment term.
    11·1 answer
  • Period of time when unemployment rises and businesses begin to produce less and less
    11·1 answer
  • What is the relationship between interest rates and aggregate spending?
    11·1 answer
  • Select the correct answer. You are reading product reviews posted online by consumers. Which external information source are you
    5·1 answer
  • A pack of 24 pencils is more expensive than 12 pencils, but why could buying the 24 pack be the better deal?.
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!