Answer:
$445,000
Explanation:
The rent in Volusian company income statement for 2016 is $420,000
The prepaid rent is $70,000 at December 31 2015 and $95,000 at December 31 2016
Therefore the cash paid for rent in 2016 can be calculated as follows
= $420,000+($95,000-$70,000)
= $420,000 + $25,000
= $445,000
Answer:
Public Relations
Explanation:
Public relations is the term which is defined as the process of the strategic communication, which builds the beneficial relationship mutually among the public and the organizations. In other words, it is a practice of managing the communication among the public and the organization.
A major component of the public relations is the publicity. Organizations often generate the publicity through sending the new releases to the media in the hope that the media will use the stories regarding the products and also about the firm.
Answer:
d. All of these choices are correct.
Explanation:
The earning per share shows a relationship between the net income after considering the preference dividend and the number of outstanding shares
The formula is shown below:
Earning per share = (Net income - preference dividend) ÷ (Number of outstanding shares)
Moreover, it is used for the comparison and it must be reported by a public company on a quarterly basis or annual basis
Answer:
The 4 main component of Business studies are,
- Finance
- Accounting
- Marketing
- Organizational Studies
Explanation:
Finance concerns with managing the money and the wealth of the organization so it could grow in the future.
Accounting is the function that records, controls and interprets the financial performance of an organization.
Marketing deal with the market that the company operates in, to enable the organization to adapt according to the current market status and customer needs.
Organizational studies the different aspect of organization, how to form them, control them, maintain them, different structure, etc.. Also, it concerns about the functions of a manager in an organization. Such as planning, leading and controlling.
Answer:
net wortht -143,280.85
equivalent annual cost $ 24,932.98
Explanation:
We sovle for the present value of each annuity:
<em><u>The first three years:</u></em>
C 31,000.00
time 3
rate 0.08
PV $79,890.0066
<em><u>Then the second phase annuity:</u></em>
C 20,000.00
time 5
rate 0.08
PV $79,854.2007
NOw, we discount this as it is three years into the future
Maturity $79,854.2007
time 3.00
rate 0.08000
PV 63,390.8391
Total net worth:
79,890.0066 - 63,390.8391 = -143,280.85
The EAC will be the annuity which makes the Present work
PV 143,280.85
rate 0.08
time 8
C $ 24,932.983
