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alexira [117]
4 years ago
13

Intrest paid by the firm to borrow capital is called what??​

Business
1 answer:
Yuki888 [10]4 years ago
7 0

Answer:

It is called borrowed capital

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How does a project charter support the project manager in getting things for the project from other people?
lara [203]

Answer: A project charter contains:

  • Project manager assigned, his responsibility and authorization level.
  • Project Objectives
  • Project justification.
  • Project general description.
  • High level requirements
  • High level risks.
  • Summary of the most important milestones in the schedule.
  • Budget Summary
  • List of Stakeholders or stakeholders of the Project.
  • Requirements for project approval.
  • Name and level of authorization of the Sponsor or the person authorizing the Project Charter.

The important thing with the generation of this document is that there is a formal record of the initiation, limits and completion of the project being of great importance for its success.

In this way, with all this information established with security, it allows the manager to obtain funds from third parties for the realization of the project.

7 0
3 years ago
[The following information applies to the questions displayed below.]
Orlov [11]

Answer:

Pose-for-Pics

Effects on the accounting equation:

            Assets                                                 = Liabilities + Equity

Aug 1   Cash +$9,000 Equipment +$38,700 =  M. Harris, Capital +$47,700

Aug 2  Cash  -$2,300 Prepaid Insurance +$2,300

Aug 5  Cash    -$1,710 Supplies +$1,710

Aug 20 Cash +$2,650                                        = Revenue +$2,650

Aug 31  Cash  -$870                                            = Utilities Expense -870

Total assets   $49,480                                        = Total equity $49,480                                                                                    

Explanation:

a) Data and Analysis based on the accounting equation:

August 1 Cash $9,000 Equipment $38,700 M. Harris, Capital $47,700

August 2 Prepaid Insurance $2,300 Cash ($2,300)

August 5 Supplies $1,710 Cash ($1,710)  

August 20 Cash $2,650 Service Revenue $2,650

August 31 Utilities ($870) Cash ($870)

8 0
3 years ago
2. Using the 3-x-3 Writing Process as a Guide
Alexandra [31]

Answer:1) Economy

2)The writing should be arranged on three subhead,prewriting,main writing and conclusion.

3) 15minutes

Explanation:in the first scenario, involves an intern,the cost to the customer,of the repair was not stated ,so the economy aspect wasn't addressed in the letter.

2) Business letters should follow a pattern,why,how and when.why tells the recipient the purpose if the letter while the How depicts how the writer intends to gather his thoughts on how to go about the writing.thus depend on the audience and the when is about when the to send the mail,it must be timely and must meet the requirements of the business.

3)The pre writing will take 15 minutes that is a quarter of an hour to put his thoughts together in writing.the pre writing is when the main ideas are pen down ,it is when the bulk of the work is done.every other aspect will depend on this stage

6 0
3 years ago
Which of the following is a benefit of doing business with an online bank? A. 24 hours/7 days a week business hours
abruzzese [7]
The correct answer is a
4 0
4 years ago
Read 2 more answers
At the end of its 2020 fiscal year, Pastel, Inc., received an order from a customer for $40,000. The merchandise will ship early
exis [7]

Answer:

The answer is:

Disagree

The matching principle is violated

Explanation:

The order of a customer worth $40, 000 was received at year end. However, the merchandise will only ship in the year following the fiscal year. When goods are shipped, revenue is recognised on shipping the goods or receipt of the goods by the customer. According to the information provided, merchandise will only be shipped in 2021, therefore the customer will only receive the goods in 2021. Given this information, recognising revenue in the current period would be an incorrect treatment of the transaction and contravene the matching principle. This principle indicates that revenue and the costs associated with the revenue should be recognised in the same period.

The sale should not be recognised in 2020 because the goods' delivery and the costs incurred in delivering those goods will only be incurred in 2021. No indicated payment, cash or otherwise, was received in lieu of this transaction. Recognising  this sale in the income statement and the associated asset in the statement of financial position could be misconstrued as an attempted enhancement of Pastel Inc.'s financial position for the 2020 fiscal year end.

7 0
3 years ago
Read 2 more answers
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