Answer:
d. monetarism
Explanation:
Monetarism- belief that money supply is the most significant factor in macroeconomic efficiency
Market value of the assets is the total value of the assets the organization will receive if it is liquidated today.
Market value of firm’s total assets = Market value of firm’s current assets + Market value of firm’s fixed assets
= Cash + Market value of inventory + Collectible accounts receivables + Market value of fixed assets
= 18600 + 85000 + 34500 + 349000
= $487100
Therefore, the market value of firm’s assets would be $487,100.
Answer: The correct answer is e). 3.67%
Explanation: An ordinary annuity is a series of payments made at the end of each period.
The formula for ordinary annuity is PV = PMT × ((1 - (1 + r) ^ -n)/ r)
Where; PMT = the periodic cash payment; r = the interest rate per period; n = the total number of periods and PV = present value.
Therefore; 3500000 = 250000×((1-(1+r)^-20)/r
This will give the rate as 3.67%
Answer: Account payable
Explanation:
The account payable is one of the type of department which track all the expenditures, purchasing order statement and the payment.
The main responsibility of the account payable is that it maintain all the historical records of the payment and also balance all the debt system. It is the process of recording all the important information or the data.
According to the given question, the debt basically created by the business during the process of borrows from the supplier or the vendors is known as the account payable.
Answer:
Expense(s) category
Explanation:
Expenses such as entertainment and meals are meant to be included in the expense category of the financial statements even when these expenses are not deductible for tax purposes. This is beacuse the meals and entertainment are business expenses and as such should be included in the financial statements as every expense is important in proper income calculation.
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