Answer:
1. No
2. The benefit would be in terms of profit though in the long run
Explanation:
When a business is established in a new environment or country, the initial investment might not result into profit not because the company is not well managed but because it is trying to recoup the costs associated with such investment.
Costs associated with investing in a new country includes but not limited to initial payment of staff salaries, office buildings, company registration fees and other administrative expenses.
The company would of course earn but such earnings would be used to augment cost initially expended towards it's establishment. The owners tend to benefit from the company's profit in the long run because most of the aforementioned costs would have been covered and the company also known in terms of the products or services it offers to the public.
HELLO,
the answer is liquid assets pay a lower yield than illiquid assets
Answer:
The price of a bond is $492.24
Explanation:
F= face value of bond = $1000
T=time to maturity of bond = 2044-2017= 27 years
r=yield to maturity=2.66% semi-annulay=0.0266
Formula to calculate price= F/(1+r)∧T
we have = 1000/(1+.0266)∧27 = 1000/2.0315 = $492.24
General-purpose financial statements are the product of: <u>both financial and managerial accounting.</u>
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<h3>What is the definition of general purpose financial statements?</h3>
The general definition of financial statements is to provide information about the effects of operations, financial position, and cash flows of an organization. This information is employed by the readers of financial statements to make judgments regarding the allocation of resources.
<h3>What are the three general objective financial statements?</h3>
The balance sheet, income statement, and cash flow information each offer unique pieces with information that is all connected. Together the three statements give a comprehensive portrait of the company's working activities.
To learn more about financial position, refer
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Answer:
See below
Explanation:
Computation of estimated cash payment expense is seen below
Variable expenses
Sales in unit for August 4,000
Sales in unit September 4,000 × 110% = 4,400
Total variable expense 4,400 × $0.15 = $660
Fixed expense per quarter
Salaries $5,000 × 3 = $15,000
Depreciation $1,500 × 3 = $4,500
Total = $19,500
Budget total = $20,160
Estimated cash payment = $20,160 - $4,500 = $15,660
