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sineoko [7]
3 years ago
8

What involves preparing financial reports that provide information about the business's performance to external parties such as

investors, creditors, and tax authorities?
Business
1 answer:
lilavasa [31]3 years ago
4 0

Answer: Financial Accounting

Explanation:

Financial accounting is the process of preparing financial reports which possesses the information for investors, creditors, employees and all the stakeholders of the company.

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Answer each of the following independent questions. Required: Alex Meir recently won a lottery and has the option of receiving o
Lady_Fox [76]

Answer:

option 1

$4,056,237.49

Explanation:

To determine the better option, we have to determine the present value of options 2 and 3

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

option 2

Cash flow in year 0 = $34,000

Cash flow in year 1  to 6 =  $9,300  

I = 7 %

PV =  78,328.82

Option 2

Cash flow in year 1  to 6 =  $$18,400

I = 7 %

PV = 87704.33

To find the NPV 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 NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

It is the first option that has the highest value

The formula for calculating future value = A / annuity factor

Annuity factor = {[(1+r) n] - 1} / r

P = Present value  

R = interest rate  

N = number of years  

7 0
2 years ago
Honest Abe’s is a chain of furniture retail stores. Integral Designs is a furniture maker and a supplier to Honest Abe’s. Honest
guapka [62]

Answer:

The  discount rate should Honest Abe's use if it considers a project that involves the manufacturing of furniture is 12.46%

Explanation:

In this question, w e use the Capital Asset Pricing model method, which is shown below:

Expected return = Risk-free rate of return + Beta × market risk premium

                           = 3.5% + 1.12 × 8%

                            = 3.5% + 8.96%

                            = 12.46%

In this we use the Integral design beta not the Honest Abe beta

8 0
3 years ago
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The market prices that Jamie will just break-even on this investment is $23.50. When we ignore all the transaction cost and taxes we will get the market price that she will just break-even on her investment is $23.50. The answer in this question is $23.50
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3 years ago
How can conventional supermarkets differentiate their offerings??
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<span>a business that sells products and or services to consumers for their personal or family use</span>
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3 years ago
How many americans are victims of identity theft each year? about 10,000. about 100,000. about 1 million. about 10 million. abou
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About 10 million <span>americans are victims of identity theft each year</span>
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