Since the company paid for $6000 good for one year, look for
the monthly advertising payment, to do this divide the total payment by 12 months.
6000/12 = 500. So the monthly payment would be $500.
a.
Cash basis accounting:
Advertising expense using cash basis would be $6000. Because
the company already paid for the advertising good for 12 months.
b.
Accrual basis accounting:
Advertising expense under accrual basis would be $1000.
Calculations:
$6000 Advertising prepaid on January 1 for 12 months.
Advertising expense per month is $500.
Advertising expense per month× 2 months = $1000 Advertising
expense for January and February.
<h2>The first three options are right</h2>
Explanation:
Exchange rate:
- The "price or value of one country's currency" is exchanged for the price of "another country's currency value".
- The exchange rate always varies. It gets updated everyday.
- Exchange rates are calculated based on the value of "interest rate, trade, inflation, growth rate, employment and geopolitical conditions".
- There are two ways in which currency value is determined. A floating value is identified by the open market.
- We must travel to another country when we need more exchange rates.
Project X has a $20,000 start-up cost and a $25,000 cash inflow in year 3. Project Y has a $40,700 cost and generates cash flows of $12,000, $25,000, and $10,000 over the course of its first three years. The projects are mutually exclusive, and the discount rate is 6%. You should approve the project in the end based on the irrs and npv of each individual project as well as your own assessment of those factors. X;Y:Y.
Start-up costs are the costs a business spent or incurred to establish an active trade or business, or to research establishing or acquiring an active trade or business. Start-up costs are sums paid or expended in connection with a current profitable activity that is intended to generate money prior to the activity becoming a fully operational trade or business. Equipment, incorporation fees, insurance, wages, and taxes are just a few of the startup costs. Although startup costs will differ depending on your business's industry and type, an expense for one firm might not be applicable to another. It helps you effectively launch your firm and maintain profitability after your doors are open to understand your expenses and how you will manage them.
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Productivity of People and Resources
Employee training, equipment maintenance and new equipment purchases all go into company productivity. Your objective should be to provide all of the resources your employees need to remain as productive as possible.
Dealing with Change
Change management is the process of preparing your organization for growth and creating processes that effectively deal with a developing marketplace. The objective of change management is to create a dynamic organization that is prepared to meet the challenges of your industry.
