I think the answer is A. Homes have the potential to appreciate in value over time.
Answer:
a) true
Explanation:
Support Function include Information Technology, Human Resources, Finance and Marketing. These are there to ensure that conversion process is efficient by providing support services such as sourcing of talent, fund management, communication.
Answer: C. Subco borrows in the currency of Eastlaco.
Explanation:
Exchange rate risk only occurs when an entity borrows in a currency that is not their own. This means that if the currency they borrowed in was to appreciate against theirs, they would have to pay more than usual.
Subco is located in Eastlaco so if they borrowed funds in the currency of Eastlaco they would not have to worry about exchange rate risk because they are paying back in their local currency which cannot appreciate or depreciate against itself.
Answer:
−$28,475,000
Explanation:
AW = −$20,000,000 (A/P, 8%, 40) $600,000= −$2,278,000
CW = −$2,278,000 / 0.08
= −$28,475,000
Therefore If the city's MARR is 8% per year, the capitalized worth of the system is
−$28,475,000
Answer:
Explanation:
The journal entries are shown below:
1. Petty cash A/c $1,100
To Cash A/c $1, 100
(Being the petty cash fund is established)
2. Office supplies A/c Dr $614
Miscellaneous selling expense A/c Dr $200
Miscellaneous administrative expense A/c Dr $145
Cash short and over A/c $26
To Petty cash A/c $985
(Being the expenses are recorded)
The Cash short and over is computed below:
= $1,100 - $115- $614 - $200 - $145
= $26
