Answer:
True
Explanation:
When a project has a positive net present value(NPV), it means that its NPV is greater than 0 hence you accept it . The Internal rate of return (IRR) of that project would also be greater than the cost of capital (hurdle rate). If the cashflows are conventional, the net present value rule and IRR rule are usually in agreement when making a decision on potential projects.
Answer:
2,240
Explanation:
The total number of projected attendance is 80,000. If 705 will make purchases. It means 70% of 80,000 will buy.
=70/100 x 80,000
=0.7 x 80,000
=56,000 attendants will buy
If they are 25 vendors, each vendor will sell to
=56,000/25
=2,240
on average, each vendor will sell to 2,240 customers
Answer:
D. A joint and last to die insurance policy owned be an irrevocable life insurance trust
Explanation:
the fair market value of all real and personal property owned at death, transfers with a retained life estate, transfers taking effect at death, revocable transfers, annuities, joint interests, certain powers of appointment, and certain proceeds of life.
Construction expenditures should be debited when <u>D. The bill is approved for payment.</u>
<u>Explanation:</u>
In the above scenario, Acme Construction Co. submitted bill amount of $1,200,000 on a construction contract. The payment of the bill was approved on May 2. According to the contract, 10% was subject to retention.
This construction expenditure is debited when the bill is approved for payment. Contract includes all the details regarding payment and terms and conditions between the companies or parties.
Once the bill submitted by company is approved, then the retention amount will be automatically debited.
Fixed Costs is the answer