Answer:
True
Explanation:
Disruptive innovation refers to a technological change which adversely hampers the existing operations of an industry or it's players. For instance, the advent of USBs and compact discs affected the industry of magnetic tapes and audio cassettes.
Another latest example of disruptive innovation being Netflix which has kind of disrupted the normal operations and profitability of television channels.
Such disruptive innovators do not require to focus on outdoing competitors performance. All they need to take care of is they perform good enough to appeal and retain their customers.
Answer:
IRR= 20%
Explanation:
The Internal Rate of Return (IRR) tries to find the profitability of the money that remains invested during the life of a proyect. It is also known as the discount rate that makes the Net Present Value (NPV) equal to cero. When the NPV is equal to cero, then the proyect does not create or destroy value. So, if we calculate the NPV with the IRR we will find that it is equal to cero. In this case, if the cost of capital were 20% the proyect will not create or destroy value, but the problem is giving us a cost of capital that is less than 20%, then the proyect creates value. If we calculate the NPV with the rate of 16% it will be grater than zero.
The figure attached shows the IRR formula. But i calculated using Excel: first i put the cash flows of each year ( the first one is negative because it is an investment ). Then i used the formula: "=IRR(C4:C8)"
Answer: The matching principle (B)
Explanation:
Matching principle states that all expenses must be recorded in the same period as the revenue that was earned
The correct option is the third option. Unfortunatedly African American Sharecroppers were the ones directly affected becaue of the sharecropping. I hope this is very useful to you
Answer:
Journal Entry
Dr. Allowance for doubtful accounts $5,880
Cr. Account Receivable $5,880
Explanation:
When a receivable of the business is considered to be non-collectible from a customer, it is written off from the accounts. This event will decrease the account receivable balance and allowance for the doubtful accounts too. a Debit entry in the Allowance for doubtful account and a credit entry in accounts receivable is made to incorporate the effect of this transaction.
