Answer: A) global approach; local approach
Explanation: An organizational structure of a firm is defined as a system that is employed to define hierarchy or ranking within the organization. It helps identifies each job, its function, where it reports to within the organization as well as superiority between employees based on their status, authority or some other trait. A structure when developed aims to establish how the organization operates to execute its goals.
While a global organizational structure is the way a company aims to merge local preferences with global strategy and also integrates activities on a coordinated worldwide basis, the local approach to organizational structure differentiates activities in each country served wherein the organization exists.
Answer:
A. For every single transaction, at least two accounts will be
affected.
Explanation:
Double-entry accounting is a record-keeping method where a transaction is recorded in a minimum of two accounts. There is no upper ceiling on the actual number of accounts that may be used in a transaction.
Every account has two columns, with debits on the left and credit entries on the right. The aggregate of the debit entries must equal the result of all credit entries. If this happens, the transaction has balanced. If not, the transaction is "out of balance."
Answer:
its c
Explanation:
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Answer:
Income Tax Expense (Dr.) $49,080,000
Deferred Tax Liability (Cr.) $49,080,000
Explanation:
Income tax expense = ( Taxable Income for the year + building and equipment taxable amount + Prepaid Insurance - Liability or contingency Loss ) * Tax rate
Income Tax expense = ( $117,000,000 + $14,700,000 + $2,300,000 - $11,300,000) * 40%
Income Tax expense = $49,080,000
Answer:
PLAN A
Year Cashflow [email protected] PV
$'m $
0 (12.4) 1 (12.4)
1 14.88 0.8905 13.25
NPV 0.85
PLAN B
Year Cashflow [email protected] PV
$'m $'m
0 (12.4) 1 (12.4)
1-20 2.2034 7.3309 16.15
NPV 3.75
Project B should be accepted
Explanation:
In this case, we need to discount the cash inflow of plan A at 12.3% for 1 year and then deduct the initial outlay from the present value of cash inflow. The discount factor could be derived from the present value table.
For plan B, we will discount the cash inflow at 12.3% for 20 years. In this case, we will use the annuity factor for 20 years. Thereafter, we will multiply the cashflow by the annuity factor for 20 years to obtain the present value. The initial outlay will be deducted from the present value so as to obtain the net present value(NPV).
The annuity factor can be obtained from the present value of annuity table.
The project with the higher NPV will be accepted.
