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2 years ago

One of the reasons that organized crime has been around so long is that it provides goods and services that society wants.

Business

1 answer:

Tatiana [17]2 years ago

6 0

Answer: True.

Explanation:

Organized crimes are crimes carried out by well ordered groups with the sole aim of carrying out illegal activities.

Organized crimes has been around for a long time from before the Era of sea piracy uptill date.

And although the laws of most countries frown against activities of organized crime groups, the crimes continue because some individuals in the society still demand for the goods/services of organized crime, a very popular example is the demand for sex workers who are gotten from an organized crime which is sex trafficking.

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3 years ago

your firm is contemplating the purchase of a new $545,000 computer-based order entry system. the system will be depreciated stra

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The IRR of the new computer-based order entry system is 22.87%.

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

The cash flow at the beginning of the period = purchase price of the system - reduction in working capital

$545,000 - $96,000 = $449,000

Depreciation expense = (cost of the asset - salvage value) / useful life

($545,000 - 0) / 5 = $109,000

Cash flow each year from year 1 to 5 = (amount saved - depreciation)(1 - taxes) + depreciation

($165,000 - $109,00)(1 - 0.22) + $109,000 = $152,680

Terminal cash flow = Salvage value - (tax x salvage value)

$71,000 - (0.22 x 71,000) = $55,380

IRR can be determined using a financial calculator:

Cash flow in year 0 = $-449,000

Cash flow in year 1 - 4= $152,680

Cash flow in year 5 = $152,680 + $55,380 = 208,060

IRR = 22.87%

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1 year ago

What are the unique financial reporting implications of the partnership entity in comparison with the proprietorship and corpora

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The financial reporting of the Partnership firm differs from the proprietorship and corporate entities as the closing process of partnership involves creation of the realization account, whereas the another entity not required this.

<h3>What is financial reporting?</h3>

Standard techniques for giving stakeholders an accurate portrayal of a company's finances, including revenues, profits, expenses, cash flow, capital, and official records that provide in-depth insights into financial information, are referred to as financial reporting.

The payment of taxes, fines, and interests has new financial reporting consequences for partnership firms that are distinct from any other sort of business company.

Taxes paid to partners or owners, on the other hand, are accounted for in a transaction with the owners.

Furthermore, the financial reporting implications for a partnership firm differ from those for a sole proprietorship or a corporation, as the partnership business is distinct from the two stated businesses.

The closing process of partnership differs from the another businesses because the closing process of partnership involves the preparation of realization account.

Therefore, the partnership form of business enterprise is differed from the other business.

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brainly.com/question/19988417

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1 year ago

9. OMG Corporation just paid a $1.50 annual dividend on each share. It is planning on increasing its dividend by 15 percent a ye

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