Answer:
Sold to the members
Explanation:
A private club is patronized by its member only. Through membership, a person acquires the privilege to use the club's facilities. Members network and enlarge their business contacts.
Club members own the club. They get to enjoy meals and drinks at lower rates than regular restaurants. Alcoholic drinks are available at competitive rates. Members are required to pay for what they have consumed.
Answer:
C) Net present value and internal rate of return
Explanation:
Of the methods discussed, cash payback and average rate pf return does not take into account the time value of money. Cash payback and ARR basically only use the cash flows and profits in relevance to the investment.
Net present value as the name suggests, discounts these cash flows and then subtracts the initial outlay costs and Internal rate of return also discounts the project cash flows so that they equal zero. Thus these two are the options that take into account the time value. IRR often is calculated by discounting cash flows at different rates until the NPV = 0.
Hope that helps.
Answer:
A.
Explanation:
Since not everyone in a given community would be inclined to pay for a public good, everyone could be made to pay for it through tax.
Answer:
a. Current Assets and Property, Plant, and Equipment
Explanation:
These classify the assets and liabilities in the classified balance sheet into various types Including assets that are divided into Property, Plant, and Equipment, current assets.
Liabilities are similarly divided into current liabilities, long-term liabilities The accounting equation is used in any balance sheet that means
Total assets = Total liabilities + shareholder equity
