Ask question

Ask question

All categories

4 years ago

15

When considering whether to have a new roof installed on a building, the money spent previously on roof repairs to the old roof

is information that is relevant to the business decision.
a. True
b. False

1 answer:

Whitepunk [10]4 years ago

3 0

Answer: b. False

Explanation:

You might be interested in

20 points, 1 question , some reading

kow [346]

my insta dfl.jacob i can help you

3 0

3 years ago

jillian currently has $500 in an account with an annual rate of return of 4.3%. she has set a goal to travel and would like to h

Alchen [17]

Jillian currently has $500 in an account with an annual rate of return of 4.3%.She needs to save $46.07 each month for the trip to Hawaii

The $500 in her account will grow to =500*(1+0.043)^4 = 591.71

So she has to save 3000-591.71 = 2,408.29

The 2,408.29 becomes the FV and we have to calculate the PMT with a monthly rate of 0.043/12 and nper = 4*12 =48. We use the PMT function of excel

So she needs to save each month =PMT(rate,nper,pv,fv) in excel = PMT(0.043/12,48,0,2408.29) = 46.07

So she needs to save $46.07 each month for the trip to Hawaii

Rate of return is a profit on funding. It accommodates any trade in value of the investment, and/or cash flows which the investor gets from that funding, which include interest payments, coupons, coins dividends, inventory dividends or the payoff from a spinoff or based product.

Learn more about rate of return here:brainly.com/question/24301559
#SPJ4

5 0

2 years ago

If an adjustment for $7,500 in accrued revenues is omitted, how will this affect the financial statements?

MrRa [10]

The right answer for the question that is being asked and shown above is that: "<span>c. Accounts Receivable will be overstated by $7,500. " </span>If an adjustment for $7,500 in accrued revenues is omitted, the affect that the financial statements is that a<span>ccounts Receivable will be overstated by $7,500. </span>

7 0

4 years ago

What is a loan? 100 points

Elden [556K]

Answer:

Hii

Explanation:

A loan is when money is given to another party in exchange for repayment of the loan principal amount plus interest. Loan terms are agreed to by each party before any money is advanced. A loan may be secured by collateral such as a mortgage or it may be unsecured such as a credit card.

Hope it helps :)

7 0

3 years ago

Read 2 more answers

Which level of strategic management focuses on the organization as a whole?

Goshia [24]

The level of strategic management that look at the whole organization can be regarded as Corporate level strategy.

Corporate-level strategy can be regarded as strategy that is been used in to gaining a competitive advantage in several industries as well as product markets.

These competitive advantage can be carried out through the selection as well as management of combination of businesses competing that are in that particular industries.

Corporate strategies usually firm so that they can earn above- average profits ,this strategy also help in creating value for the shareholders.

Therefore, Corporate level strategy brings about making a firm to have increase in profit margin.

Learn more at: brainly.com/question/15127919?referrer=searchResults

8 0

2 years ago