Answer:
b. The project manager outlines the project goals
Explanation:
As the name suggests, a project kick off meeting refers to the first and foremost meeting between project manager and his team and the clients of a project when commencing a new project.
The purpose behind such a meeting is to familiarize the project team, make them better understand the project and it's requirements and agreeing upon a plan of work together to accomplish the task.
Following steps would be noteworthy for conducting an effective project kick off meeting:
- The project manager prepares his team and outlines and conveys the project goals to the team members and how they are to be attained.
- Beginning the project client relationship on a good note and gaining client's support.
- Putting one's best efforts with a systematic planned approach for the project kick off client meeting.
Answer:
B) Investing Activities
Explanation:
Investing activities deal with cash transactions involving movement of items of Property, Plant and Equipment. These transactions include purchase costs and sale proceeds of assets.
Answer:
The answer is "$84,000 in the numerator and 60,000 in the denominator".
Explanation:
If securities are transformed into stocks. So, the common stack holder should be have a larger net revenue, calculation of net revenue

In addition, the loads will also raise the total amount of shares which is calculated as follows:

Formula:

That's why in this question numerator is = $ 84, 000 and denominator = $ 60,000
The real rate of return is 3.15%.
What is real rate of return?
The annual percentage of financial gain on an investment that has been prorated for inflation is known as the real rate of return. As a result, the real rate of return provides an accurate representation of the real purchasing power of the a given sum of money over time. The investor can calculate how much more of a nominal return seems to be real return by adjusting this same nominal return to account for inflation. Investors must account for the effects of additional factors, including such taxes and investing fees, in addition to adjusting for inflation, in order to calculate real returns on their investments or to make investment decisions. Subtracting this same nominal interest rate from the inflation rate yields the real rate of return.
1+real rate = (1+rate of return) / (1+inflation)
1 + real rate = (1+0.0645) / (1+0.032)
1 + Real Rate = 1.0315
Real Rate = 0.0315 = 3.15%
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Answer:
See the explanation below:
Explanation:
Interest expenses = $6,950 × 3.75% = $261
Cash received = $6,950 - $261 = $6,689
The payment an be in two forms; it can be immediate or delayed. The two are done below:
a. Journal Entries for Immediate payment
Details Dr ($) Cr ($)
Cash 6,689
Card expenses 261
Sales 6,950
b. Journal Entries for delayed payment
When the transaction is carried out, we have:
Details Dr ($) Cr ($)
Account receivables 6,689
Card expenses 261
Sales 6,950
When the payment is received, we have:
Details Dr ($) Cr ($)
Cash 6,689
Account receivables 6,689