Answer:
the internal rate of return is 6%
Explanation:
The computation of the internal rate of return is shown below;
Given that
Years Cash flows
0 -$20,790
1 $6,000
2 $6,000
3 $6,000
4 $6,000
Now apply the following formula i.e..
= IRR()
After applying the above formula, the internal rate of return is 6%
Answer:
forced distribution
Explanation:
Forced distribution method is the oldest method used in various industries to evaluate the performance of any class of employees based on some standard norms as set by the company under this method.
It basically distributes each class of employee into category of management, lower, middle or upper.
This is forced because there is no change in such evaluation method, despite even the change in the company's working style is there.
But in the given instance the company has followed this forced distribution.
Answer and Explanation:
The journal entries are shown below:
On Aug 1
Short-term investments $70,000
To Cash $70,000
(Being the short term investment is recorded)
Here short term investment is debited as it increased the asset and credited the cash as it decreased the asset
On Oct 30
Cash ($70,000 × 11% × 90 days ÷ 360 days) 1,925
To Interest revenue $1,925
(Being the interest revenue is recorded)
here cash is debited as it increased the asset and credited the interest revenue as it also increased the revenue
Here we assume 360 days in a year
Answer:
e. All of the other choices
Explanation:
Product liability is the responsibility that a company bears for injury caused by its products as a result of a defect.
In this instance Musclematic, has known for the past year that this problem existed, but the company took no steps to warn people who owned or used these machines of the problem.
So for any injury users have they will be liable.
If Amanda files a lawsuit against Musclematic they will have to consider:
- How this litigation will affect its goodwill
- Whether or not a settlement with Amanda is a viable option
- Whether this suit will adversely affect other business relationships
- The costs associated with litigating this claim
This is because they will most likely lose the case.
Answer:
Explicit consent.
Explanation:
Explicit consent then means that the data subject must give an express statement of consent, for instance in a written statement.
