Answer:accrual basis
Explanation: the need the truth on the accounting princess so it has to be to accrual basis
Answer:
$56,520
Explanation:
As per given data
Year Sales Working Capital 18%
0 $279,000 ($50,220)
1 $308,000 ($5,220)
2 $314,000 ($1,080)
3 $314,000 $0
4 $314,000 $56,520
As the sales value of year 2, 3 and 4 are same, as capital is adjusted in year 2 and company has equal working capital required in year 3, years 4 is the last year of the project so, working capital will be recovered from the project
Net Working capital will be reimbursed at the end of the project. The accumulated value of investment in working capital will be recorded as cash inflow in the analysis.
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Answer:
a) a monetary unit for measuring and comparing the relative values of goods.
Explanation:
In the case when the economist said that money could be treated as the store of value so this means that it represent one of the functions of money which can be stored and retrieve later onwards
Also it is a monetary unit that could be used for measuring and also compared the goods value
Therefore the option a is correct
Answer:
d. fixed costs
Explanation:
The fixed cost is the cost which does not change if there is a change in the level of production i.e if the production level is increased or decreased it the fixed cost would remain the same as it is previous before
Therefore according to the given situation, since the fixed does not vary with the amount of firm output
Hence, option d is correct
