Answer: See explanation
Explanation:
You didn't tell us the previous problem you are talking about but let me help out.
The project’s Year 0 net cash flow will be calculated as:
= - Initial cost in fixed assets - Net working capital
Since we already know that our net working capital is $150,000, let's assume that the initial cost in fixed assets given in your previous problem is $2,000,000.
Therefore, the project’s Year 0 net cash flow will be:
= -2,000,000 - 150,000
= -2,150,000
The fact that Norma Inc. uses a perpetual inventory system means that when a sale is recorded, the company should:
- b. decrease an asset and increase an expense.
- c. increase an asset and increase revenue.
<h3>What happens when a sale is made?</h3>
The revenue account should be increased because a sale brings money into the business. Cash or Account Receivables should also increase depending on is the sale was a cash or credit sale.
Cost of goods sold would increase as well and it is an expense. The asset of inventory would decrease to show that there is less inventory on account of the sale.
Options for this question are:
a. decrease an asset and decrease revenue
b. decrease an asset and increase an expense
c. increase an asset and increase revenue
d. increase an asset and decrease an expense
Find out more on the perpetual inventory system at brainly.com/question/25014592.
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Answer: False
Explanation:
The above statement is false because it was not created under accusation. According to the question, the buyer wasn't accused of anything.
Rather, the contract can be invalidated because the contact was created under duress. The buyer was forced to buy it and was under duress as the seller refused to leave his house. Therefore, the contact can be invalidated.
Answer:
C) prohibited as a likely exaggeration
Explanation:
The statement being made by the adviser is prohibited as a likely exaggeration. An investment adviser has the moral obligation to advise the client so that they may increase their wealth safely through informed decisions. This does not include exaggerated price predictions. Regardless of past performance, an adviser cannot state that an asset will double in the near future or in the future in general because no one can know what will happen in the future and making such a prediction can be dangerous for the client.
Through the medium of advertising people get information regarding new products. As people use these new and latest goods, their standard of living gets a boost. Advertising is helpful in providing employment and increasing income of the people. Both have a positive effect on their standard of living