Before the foundation of the United States, the Kingdom of Britain owned the 13 colonies on the East shore of North America. Those colonies were separated into 3 regions: the New England, the Middle Colonies, the Southern Colonies. Economic activities and trade was dependent of the environment in each of those regions. Economy in the New England : ship building industry, fishing, trade. Economy in the Middle Colonies: farming, lot of jobs for skilled workers. Also merchants invested money in colonies. In the Southern Colonies: cotton and tobacco-industry. The economy impact the livelihood of the original 13 colonies by giving jobs and money to the colonists.
Answer: have control over
Explanation:
Responsibility accounting is a system of accounting whereby responsibility centers are identified and the performance reports of such responsibility centers are prepared and analysed.
Responsibility accounting has to.do with the internal accounting for the responsibility center that the company has and their budgeting.
In responsibility accounting, unit managers are evaluated only on things that they can control or have control over.
<span>Step 1: Identify the decision. You realize that you need to make a decision.
Step 2: Gather relevant information.
Step 3: Identify the alternatives.
Step 4: Weigh the evidence.
Step 5: Choose among alternatives.
Step 6: Take action
<span>Step 7: Review your decision & its consequences.</span></span>
Answer:
the net present value is $11,961
Explanation:
The computation of the project NPV is as follows;
The net present value is
= Present value of cash inflows - initial investment
= $8,000 × PVIFA factor for 11 years at 10% - $40,000
= $8,000 × 6.4951 - $40,000
= $51,961 - $40,000
= $11,961
Hence, the net present value is $11,961
The same is to be considered
