Answer:
12.34%
Explanation:
initial outlay = -$1,875,000
NCF year 1 = $415,350
NCF year 2 = $415,350
NCF year 3 = $415,350
NCF year 4 = $415,350
NCF year 5 = $415,350
NCF year 6 = $415,350
NCF year 7 = $415,350
using a financial calculator or an excel spreadsheet, IRR = 12.3.4%
the internal rate of return is the discount rate at which a project's NPV = 0
Answer:
C. 200,000
Explanation:
Sales return are 5% of sales meaning gross sales
therefore sales are $12million * 5% =$600,000
therefore adjustment = Closing Balance - opening balance
$600,000-$400,000
= $200,000
Formalization consists of the official and defined structures and systems related to decision making, communication, and control in the organization.
Managers perform formalization to make sure these processes are put in writing to help processes, relationships and operation run smoothly.
Answer: c. used to record an adjustment to Bad Debt Expense for the year ending December 31, 2018
Explanation:
Since the events occur after the balance sheet date, but before the balance sheet is issued, and gives more evidence about conditions that existed at the balance sheet date, then it should be used to record an adjustment to Bad Debt Expense for the year ending December 31, 2018
This is because an adjustment gives more information to the information already given in the balance sheet. Therefore, the correct option is C.
Answer:
7 days
Explanation:
Makes-pan means the time it takes to complete a schedule. Last job took 7 days to complete and it was a single job, which means its makes-pan was 7 days as well.
