Answer:
Total cash of $323,000 was paid during October.
Explanation:
The company had 167,000 accounts payable at the start of October after that they purchased a further 296,000 on account this means that their accounts payable during October were (296,000+167,000)= 463,000.
Now at the end of October they have remaining accounts payable of 140,000 which means that they paid off the rest, so we will subtract 140,000 from 463,000 in order to find how much cash was paid.
463,000-140,000= 323,000.
Answer:
The correct answer is C. Construction of a general government office building.
Explanation:
A capital project refers to investments made in order to generate future profits on sale or rent and which are shared among several project investors. The construction of an office building would be classified within this group, since the utility will be given from the lease of the construction for the execution of activities typical of the general government. Within the investment structure, the usufruct of the real property is conceived in order to recover the investments made within a period of time. These projects generally involve banks and entities with a high level of capital that create trust funds that separately manage the accounts of these associations.
Answer: Dedicated Funds
Explanation: A dedicated fund is a part of an income that is strictly set aside for a fixed purpose from the moment they are gotten.
A dedicated fund can take any format, some of which includes; money set aside for savings, money kept as tax, money set aside for insurance payments etc.
The large investment the company made in the failed project most likely was made by a manager who did not fully understand "Sunk Costs".
<h3>What is Sunk Cost?</h3>
An price or investment that has already been made and cannot be recovered is referred to as a sunk cost.
Types of sunk cost are -
- Investment in advertising. This money is lost if you advertise a new product; it cannot be recovered.
- Investigation into a new product.
- Labour expenses.
- New software system installation and operational procedures.
- Loss of relationships in business and reputation.
Therefore, Sunk expenses are unrelated to any particular occurrence and shouldn't be taken into account while choosing an investment or project.
To know more about ways to harvest an investment in a business, here
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The PPC will, of course, grow as the community is working hand in hand towards development. Small businesses will create jobs for the members of the community. But if 100 people will withdraw from the developing community, it will still be normal as long as they will know how to adjust with the current developments that they have done.
