Answer:
The answer is True.
Explanation:
Income statement ultimately shows the profit or the loss of the Organizational activities.
The data used in the preparation of the income statement are based on the accounting information are are always based on accounting information.
Answer: $1,350
Explanation:
The insurance is for 2 years but has to be apportioned monthly on account of the Accrual basis in Accounting where expenses will only be recognized when they are incurred.
The expense to be recorded for the first month will therefore be:
= 32,400 / 24 months
= $1,350
Answer:
The firm shouldn't purchase the machine because the IRR is less than the required minimum
Explanation:
Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested
IRR can be calculated using a financial calcuator
Cash flow in year 0 = $-1.25 million.
Cash flow in year 1 = $210,000
Cash flow in year 2 to 5 = $350,000
IRR = 8.51%
The firm shouldn't purchase the machine because the IRR is less than the required minimum
To find the IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button
Answer:
lessen the effect of exchange rate changes by sourcing from where input costs are low
Explanation:
Answer:
A. Conflict resolution abilities
Explanation:
Conflict resolution ability is the capacity of a person or group of persons to effectively handle and manage the conflicts of interest or disagreement between two or more persons or two or more groups.
There are several skills used by people who have conflict resolution abilities such as COMMUNICATION, COMPROMISE, COLLABORATION, ACCOMMODATION ETC.
