Answer:
$250,000
Explanation:
Perpetuity is a type of payment that has no end. It starts on a particular date and continues endlessly.
Given:
Amount paid per year = $10,000
Annual Growth Rate = 5%
Interest Rate = 9%
Clarissa need $250,000
Answer:
D. Helps managers to act rapidly and with autonomy
Explanation:
The management control system defines that every policy and procedure should be followed in a proper manner and work on new strategies for the benefit of the organization. It helps in managing the hierarchy level and differentiates the performance company resources like finance, marketing, sales, Human resource management, operations, etc.
Therefore the management control system provides to work with sovereignty so that the work runs in a smooth and inefficient and effective manner. It also helps the managers to take the action quickly before things go out of control.
RESALE occurs whenever a firm sells a product for a price that is less than the cost of producing it
Answer:
use; $2,409,000
Explanation:
Given that,
Total current assets in 2017 = $14,871,000
Total current assets in the last year = $12,462,000
Therefore, there is an increase in the total current assets which indicates that there is a use of cash.
Hence, the amount of cash used is calculated as follows:
= Total current assets in 2017 - Total current assets in the last year
= $14,871,000 - $12,462,000
= $2,409,000
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
