Answer:
See below
Explanation:
Assets are the valuables a business owes while liabilities are the items the business owes to third parties.
Form the list provided
<u>Assets are</u>
Bank Balance……… Rwf. 17,000,000
Accounts Receivable……Rwf 12,000,000
Machinery…………… <u> …Rwf 1,800,000</u>
Total <u>Rwf 30,800,000</u>
<u>Liabilities are</u>
Accounts Payable……………….Rwf 15,000,000
Bank Claims…………… <u> Rwf 15,800,000 </u>
Total <u>Rwf. 30,800,000</u>
I would personally put B but I’m really not for sure on the answer, sorry hope this helps tho.
Controllership includes banking and short- and long-term financing, investments, and cash management.
<h3>What is Controllership?</h3>
The position of the controller, the position in charge, and the position in command are the definitions of controllership. An example of a person who holds the controllership responsibilities in a corporation is the person in charge of accounting and auditing.
The top accountant for a business or organization. The controller is in charge of both managerial and financial accounting and is the leader of the accounting division. He or she assists management in interpreting accounting data and taking the right action. Comptroller is another name for a controller.
Providing financial data for managers' and shareholders' reports as well as managing the overall operations of the accounting system are both responsibilities of the controllership.
Therefore, the correct answer is option C) Controllership.
The complete question is:
________ includes providing financial information for reports to managers and shareholders and overseeing the overall operations of the accounting system.
A) Internal audit
B) External audit
C) Controllership
D) Treasury
To learn more about Controllership refer to:
brainly.com/question/21305473
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Answer:
The answer is option A). $6,710.60
Explanation:
The total amount Al miler will need to invest at the beginning to have the money in 15 years is known as the principal amount.
The formula for calculating the total amount after 15 years with interest compounded semiannually is as follows;
A = P (1 + r/n) (nt)
where;
A = the future value of the initial investment
P = initial investment amount/principal amount
r = the annual interest rate
n = the number of times that interest is compounded per unit t
t = the time the money is invested for
In our case;
A=$29,000
P=p
r=10/100=0.1
n=interest is compounded semiannually which is twice a year=2
t=15 years
Replacing values in the formula;
29,000=p(1+0.1/2)^(2×15)
29,000=p(1+0.05)^30
29,000=4.322 p
p=29,000/4.322
p=$6,710
Al must invest $6,710 for him to have enough money for the new equipment in 15 years
Answer:
-The forgone revenues that could be earned by renting the coffee shop out for other events during evening hours
- The costs involved with the increased usage of utilities, such as electricity and gas, during evening hours
- Training costs for new and existing employees on beer and wine serving procedures
Explanation:
Cost such as cost of landscaping the lawn outside and the cost of purchasing wine and beer to serve to customers are costs that tend to be incurred from operating the coffee shop, regardless of whether the beer and wine experiment is undertaken which is why these costs are not among the hidden costs of the coffee shop decision.
Therefore any cost which is not taken into account and which as well varies with the consequences of a decision is what we called HIDDEN COST.
Hence Costs such as increased utility usage due to the increased numbers of hours of operation, forgone revenues of renting out the space of the coffee shop and the costs of training new and existing employees in how to serve beer and wine are all costs that is been incurred due to the decision to extend hours and serve beer and wine.
