Answer:
While taking a capital budgeting decision of source of fund, or the capital project to be chosen, we sometimes use Payback Period
It is defined as the tenure in which the cash flows will realize the cost of project, that is the period in which the entire cost will be paid back.
This provides the information regarding the time after which the project will be profitable, or the time at which it will reach break even.
The payback uses the criteria that if the payback period calculated is less than life of project it shall be accepted, in case it is equal to life of project then there will be no profit no loss, and in case payback is higher than life of project then there will be loss.
Answer:
d.when an incorrect journal entry has been made, but not yet posted and when a proper entry has been made but posted to the wrong account or for the wrong amount
Explanation:
When correcting errors in a trial balance, the ruling method should be used "when an incorrect journal entry has been made, but not yet posted and when a proper entry has been made but posted to the wrong account or for the wrong amount."
In trial balancing, an error can be fixed or corrected by tracing the trial balance steps. First, make a comparison between the ledger balances and the amount posted to the trial balance then add both debit and credit table if the amount matches, otherwise use the transposition method.
Answer:
I will make of use operations management and the addition of marketing expert to the team will create synergy.
Explanation:
Operations management involves adopting best business practices so as to achieve highest level of efficiency.It emphasizes analyzing different options available in a business where each option based on its peculiarities is accorded a rating and the option with the highest is chosen.
Specifically,operations management can be applied to choosing a location for the annual by following the steps below
All possible locations are identified
Each location is rated based on its pros and cons
The rating is computed using weighted average method
The location with highest rating is chosen for the meeting
On the other hand,strategy is achieving more by combining resources much more than it would been possible to achieve individually.The new marketing expert will be able to provide general marketing guidance to the existing members while they complement the expert with business-specific information.
Answer:
<em>Lifetime Learning Credit (LLC)</em>
Explanation:
For qualifying fees and related costs charged to eligible students enrolled in an accredited educational institution, the lifetime learning credit (LLC) is used. Joseph is in college for his personal finance course, which is one of the criterion need to qualify for this benefit.
The credit will help to pay for undergraduate, college, and professional degree courses— including career creation or enhancement courses.
There is also no restriction to how many years you can demand the benefit. It's valued at $2,000 for every tax return.
Answer:
These two statements are correct:
A. The level of private sector spending on real assets in Cassiopeia has traditionally been low.
If the economist Danny Cox is recommending increases in government investment in real assets, it must be because the private sector is not investing enough.
An economy with low levels of private investment is an economy that in the long-run will not grow because investing is what produces capital accumulation, and what faciliates technological change, and those two factors are the most important variables for economic growth.
E. Irrespective of what policy measure the government implements to combat the crisis, inflation in Cassiopeia is likely to increase further.
This statement is correct if it is referring to the two policies recommended by economist Cox and unionist Boyle. Niether an income tax refund, or an increase in government spending are measures that tackle inflation, and in fact, both could increase inflation.
A income tax refund would put more cash in the hands of the public, and if demand for money is low, this would increase the velocity of circulation, and the more rapidly money circulates, the higher the inflation rate according to the quantity theory of money.
And more government spending is a form of expansionary fiscal policy that could increase inflation if the government finances the expenses by printing money.
