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Fantom [35]
3 years ago
7

Virginia Company uses the indirect method to prepare the statement of cash flows. Refer to the following

Business
1 answer:
nasty-shy [4]3 years ago
4 0

Answer:

D) as a deduction from Net Income

Explanation:

When the company decrease the value of the accounts payable it means that the company pays its debts in less time than previous year.

In effect the company sees its net income decrease because needs the money to compensate the lower value on the Accounts Payable as a consequence of beeing paid in less time.

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Which one of the following will produce the highest present value interest factor? A. 6 percent interest for five years B. 6 per
disa [49]

Answer:

The correct answer is A

Explanation:

The formula to compute the present value interest factor using excel is as:

= 1/(1+r)^ n

where

r is the rate

n is number of years

So, in case of A,

The present value interest factor is:

= 1/(1+0.06)^5

= 0.74725

In case of B,

The present value interest factor is:

= 1/(1+0.06)^8

= 0.62741

In case of C,

The present value interest factor is:

= 1/(1+0.06)^10

= 0.55839

In case of D,

The present value interest factor is:

= 1/(1+0.08)^5

= 0.68058

In case of E,

The present value interest factor is:

= 1/(1+0.08)^10

= 0.46319

Therefore, it is highest in option A.

3 0
3 years ago
Tactical plans specify how a company will use resources, budgets, and people to accomplish specific goals within its mission
Neporo4naja [7]

Answer:

A. True

Explanation:

Tactical planning outlines the short-term steps and actions that should be taken to achieve the goals described in the strategic plan.

8 0
3 years ago
Webster is a talented baker and has a degree in business management. He wants to own his own chain of incorporated bakeries one
Semmy [17]

Answer:Lack of Feasibility studies

Explanation:

He might experience obstacle if he choose not to understand the area and its demand by the people around the selected area.

Secondly is lack of capital to start up the business.

7 0
3 years ago
Read 2 more answers
1. You are investing $100 today in a savings account at your local bank. Which one of the following termsrefers to the value of
ahrayia [7]
He earned 11$ interest on his 100$
4 0
3 years ago
Read 2 more answers
All of the following are true of the real interest rate except it Is equal to the nominal interest rate minus the anticipated ra
Lynna [10]

Answer:

Equals the foreign exchange rate minus the inflation rate.

Explanation:

Nominal rate of interest refers to the interest rate which does not account for rate of inflation.

It is expressed as

Nominal interest rate = Real interest rate + rate of inflation

Real interest rate is considered to be a better measure since it is adjusted for rate of inflation.

Foreign exchange rate refers to exchange rate between two currencies which is based upon inflation and interest rates prevailing in the respective countries.

5 0
3 years ago
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