Answer:
$64,704
Explanation:
Year 4 cash flow = operating cash flow + non operating cash flow
non operating cash flow = salvage value + net working capital - tax(Salvage value - book value)
$5,820 + $4,500 - 0.4($5,820 - $4,860) = $10,704
$10,704 + $54,000 = $64,704
With an order instrument, the payee must be identified with certainty, because the transfer of the instrument requires his or her signature. With an order instrument, the payee must be identified with certainty, because the transfer of the instrument requires his or her signature, its true.
<h3>How is a payee identified on the negotiable instrument?</h3>
- A payee may be named or identified in an instrument in a variety of ways, including by name, identification number, office, or account number.
- Regardless of whether the intended recipient's legal name is printed on the instrument, an instrument is typically payable to the person for whom it was issued.
<h3>Who can transfer an order instrument by endorsing it?</h3>
- Only by endorsement and delivery can a promissory note, a check, or a bill of exchange payment to order be bargained.
- The transferee does not become a holder until the holder delivers the instrument and signs his endorsement on it.
- If there are multiple payees, everyone must sign the agreement.
<h3>Who can endorse an instrument?</h3>
- The instrument cannot be endorsable by the manufacturer or the drawer, but if any of them has acquired possession of it, he may do so. (Sec. 51).
- If the creator or drawer is not the holder of the instrument or in legitimate possession of it, he cannot negotiate or endorse it.
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Great question!
Fiat money deries it's value from law or regulation. However representative money derives its value either from a claim on a commodity (gold for example).
However sometimes representative money means it has value higher than what it is made of, ie if you melt it down it is worth less than before it is melted down. In this sense fiat money is a type of representative money
Based on the given scenario, we can see that because Cathlene runs a cake shop and wants to achieve her primary goal through the use of smaller goals is known as:
<h3>What is Proximal Goal?</h3>
This refers to the use of smaller goals to try and achieve a short target as they can be achieved in a short time frame.
With this in mind, we can see that the use of smaller goals to produce 400 cakes in December by Cathlene is known as the use of proximal goal because it can be done in a short period of time.
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Answer:A. May make low volume customers appear more profitable than they are.
Explanation:
The allocation of fixed cost based on sales volume will increase cost allocated to large volume sales unit which will invariably reduce their profit and will reduce the cost allocated to low volume sales which may increase their profit.
It does not affect the overall firm profitability not customers contribution margin.
