Answer:
4, 1, 2,
Explanation:
Here are the projects and their returns
Project Return (%)
1 14
2 12
3 10
4 15
5 12
the firm should choose the project with the highest returns
Projects are mutually exclusive if the projects cannot occur at the same time. If one project is chosen, the others cannot be chosen.
Project 3,4,5 are mutually exclusive. If one of the projects are chosen, other projects cannot be chosen.
Project 4 has the highest return, so it would be chosen first.
the next project with the next highest return is project 1 and then project 2
Answer:
Blanket Mortgage
Explanation:
This type of mortgage would suit developers because of their intention to create many individual parcels out of a large tract of land in order to be resold gradually. Blanket mortgage is a loan type that are used for buying more than one real estate property. This loans are popular with builders and developers because they buy huge lands and sell them in small bits over a period.
A $200 petty cash fund has cash of $20 and receipts of $177. The journal entry to replenish the account would include a credit to:
d. Cash for $180
Explanation: As observed above the petty cash receipts are falling short of $3, But that will be adjusted with expenses as its a small amount and balance of $200 needs to be maintained in the petty cash.
Answer:
"B"
Explanation:
Depreciation is a practice of systematic allocation of the cost of an asset to the income generated over its useful life time , either on a straight line method or reducing balance.
As demanded by the matching concept of accounting , revenue are expected to be linked to associated expenses otherwise profit will end up being overstated and and management misinformed and wrong decisions likely to be taken