Answer:
The answer is true.
Explanation:
The managerial accounting must do:
-planning and desition support.
For example, fully absorbed and incremental costing, adaptive operation and cost-based planning, product process channel and customer strategic adaptatios, enterprise optimization.
-Performance evaluation and analysis.
Assessment of current strategy and plans, integrated cost operational performance measures, profitability reporting, process analysis.
Anna's new business looks like it can grow quickly and become profitable in its first year. Anna will likely find possible sources of financing than those with less potential for growth and profits is option (D) many more.
The sources of financing referred to a business gets money from to fund their business operations. A business can gain finance from either internal or external sources of income.
Sources of financing is the main source of funding are retained earnings, debt capital, and equity capital.
Companies use retained earnings from business operations to raise or distribute dividends to their shareholders. Business raise funds by borrowing debt privately from a bank or by going public or share-market.
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Answer: $299574.17
Explanation:
From the question, we are given the information that a salt mine inherited will pay $25,000 per year for 25 years, with the first payment being made today. If the fair return on the mine is 7.5%, the amount that should be asked for it's to be sold goes thus:
Periodic amount = $25000
Return on mine = 7.5%
Number of years = 25
Selling amount will then be:
= 25000 + [-PV(7.50%,24,25000,0)]
= 25000 + [-PV(0.075,24,25000,0]
= $299574.17
=
