Answer:
True
Explanation:
Revenue accounts are accounts were entries of the sales of products as well as the revenue generated by firm or company are properly recorded.
Expense accounts are accounts where that show us the expenses generated by a firm or company. Such expenses are the things the company spends money on which could be purchase of raw materials, payment of labour, repairs of machineries e.t.c.
An accounting period is a duration of time where accounts in a firm or company are balanced and closed for that period.
Revenue and expense accounts must be closed out because their balances apply to only one accounting
period.
Answer:
Icarus total value: 478,459,899
Explanation:
We will calcualte the WACC to know the cost of capital for the company:
Ke 0.14
Equity weight 0.79
Kd 0.07
Debt Weight 0.21
t 0.4
WACC 11.94200%
Now we calcualte the value of the company:

59,000,000
<u> (21,000,000) </u>
38,000,000 Free Cash flow ofthe Firm


Value: 478.468.899
Answer:
Yes this is True because this conversion is used to capture the differences in cost of living between countries.
Answer:
$80,800
Explanation:
Calculation to determine the annual cash inflow have to be to make the investment in the equipment financially attractive
Using this formula
Annual cash flows = Negative net present value to be offset ÷ Present value factor
Let plug in the formula
Annual cash flows = $401,414 ÷ 4.968
Annual cash flows = $80,800
Therefore the annual cash inflow have to be to make the investment in the equipment financially attractive is $80,800
Answer:
Dr Depot $639,700
Cr Cash $639,700
Dr Depot $40,070
Cr Asset retirement obligation $40,070
Explanation:
Sandhill Company Journal entries
Dr Depot $639,700
Cr Cash $639,700
Dr Depot $40,070
Cr Asset retirement obligation $40,070