Answer:
Reason : To ensure constant flow of cash
Explanation:
<u>Accrual Basis of accounting</u> records transactions when they meet definition and recognition criteria of Assets, Liabilities,Equity, Expense and Incomes.
This is different from<u> cash-basis accounting</u> which records transactions at the receipt or payment of cash.
Because of <em>timing</em> difference, the cash transactions (cash basis) can happen a late than the day of recognition of the elements (accrual basis).
Hence Revenue services demand that income tax be calculated on accrual basis to ensure a constant flow of cash whenever an entity transact.
Answer:
Stream A
Present Values 0 141.51 311.50 293.87 277.23 186.81
Stream B
Present Values 0 235.85 311.50 293.87 277.23 112.10
At 0% The streams will remain as given as they will not be discounted at all.
Explanation:
Stream A
Cashflows 0 150 350 350 350 250
Disc Factor @ 6% 1 0.94 0.89 0.84 0.79 0.75
Present Values 0 141.51 311.50 293.87 277.23 186.81
Stream B
Cashflows 0 250 350 350 350 150
Disc Factor @ 6% 1 0.94 0.89 0.84 0.79 0.75
Present Values 0 235.85 311.50 293.87 277.23 112.10
Economists use the gross national product (GNP) to measure <u>the output of a nation’s citizens, regardless of where they are.
</u>
<h3>Further explanation
</h3>
Gross National Product or GNP measures the total output produced by a country's residents, regardless of where they are. Therefore, any output produced by foreign residents within the country must be excluded in calculations of GNP, while any output produced by the country's residents outside of the country must be counted.
Gross national product calculates by adding these factors below:
<h3>Consumption + Government Expenditures + Investments + Exports + Foreign Production
</h3>
Another important economic measure is Gross Domestic Product (GDP). GDP measures the total output produced in the country, regardless of who they are. GDP is the most widely used to measure a country's economic activity. The difference between GNP and GDP may indicate that a country is more engaged in international trade. The larger the difference between a country's GNP and GDP, the greater international activities.
<h3>Learn more
</h3>
Gross National product brainly.com/question/1086262
GNP and GDP brainly.com/question/1228512
GNP vs GDP brainly.com/question/853464
Keywords: GNP, Gross National Product, GDP, Gross Domestic Product, International trade
thank you for the information!!! i will check this out !