Answer:
A) copyright law
Explanation:
The copyright law is one which protects the original author's work, e.g movies, music etc, from unlawful distribution or redistribution. The law guides against the inappropriate redistribution of the work. In each country, there is always a government organization that regulates and protects an author's right by copyright.
It is an offence to disobey the copyright law, as the author has the right to charge the offender to a law court for required prosecution.
The goal of unionisation is to reach an agreement on pay or other terms and circumstances of the employment contract between the employer and a team of people, or perhaps the entire workforce.
<h3>What serves as a means for provision?</h3>
A provision is cash saved in the funds to cover any liabilities that may arise in the future. To improve the accuracy of something like the current year's balance, a provision is utilized to allow for costs that could, in some cases, be offset with in current or prior financial year.
<h3>Which preparations are required?</h3>
A "business make better term" lease clause stipulates that the tenant must return the doors to the home in the same condition that they found it.
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Answer:
If I bougth the Machine at 14% interest.
This purchase is not justified
Depreciation expenses and credit interest are greater than the income generated
Explanation:
Machine 360000
Adittional cost 20000
Final Cost 380000
Salvage Value 73000
Machine value for depreciation 307000
year 1 307000 61400 245600
year 2 245600 61400 184200
year 3 184200 61400 122800
year 4 122800 61400 61400
year 5 61400 61400 0
Period Payment Capital Interest Loan
360000
1 104.862 54.462 50.400 305.538
2 104.862 62.087 42.775 243.451
3 104.862 70.779 34.083 172.672
4 104.862 80.688 24.174 91.984
5 104.862 91.984 12.878 0
Depreciation 307000
Interes 164.310
Expenses 471.310
Revenue 430.000
Answer:
The correct answer is letter "B": Firms whose fixed assets are "lumpy" frequently have excess capacity, and this should be accounted for in the financial forecasting process.
Explanation:
Lumpy assets are assets that must be acquired in large-discrete units, not in small units. This causes excess capacity which is the situation in which the production is less than reachable for a firm. In the market, the demand is lower than what the firm could supply. This problem should be considered in a financial forecasting process to predict what the consequences could be in the long-term.
Answer:
Firm's cash coverage ratio = 9.64
Explanation:
We know,
Cash coverage ratio = Cash and Cash equivalents ÷ current liabilities
However, as there is no such information regarding cash and cash equivalents and liabilities, we have to use alternative formula,
Firm's cash coverage ratio = (EBIT + Depreciation Expense) ÷ Fixed charges
Given,
EBIT = $400,000
Depreciation Expense = $24,000
Fixed charges = $44,000
Therefore,
Firm's cash coverage ratio = ($400,000 + 24,000) ÷ $44,000
Firm's cash coverage ratio = $424,000 ÷ $44,000
Firm's cash coverage ratio = 9.64