Answer:
D. $4,000
Explanation:
For Anderson Antiques the following have been given
Opening balance= $4,000
Cash receipts (inflow)= $365,000
Cash disbursed (outflow)= $370,000
Desired reserve= $3,000
So cash at end of day= Opening balance + cash inflow - cash outflow
= 4,000+ 365,000- 370,000
= - 1,000
Remember we want a cash reserve of $3,000 so we take it out of closing balance
Final figure= -1,000-3000= -$4,000
So shortfall of $4,000
Answer:B
Explanation:
fully benefiting from economies of scale
They most likely drop the prices
Explanation:
International accounting (IAS) includes accounting standards and concepts of various countries. MNC's which operates in various countries need to follow the local accounting procedure and then need to compile the data so the overall performance of the company, can be determined. This also involves different currencies making the work difficult.
Domestic accounting (DAS) - every country have their own accounting standards and methods which must be followed while preparing books of accounts and are called domestic accounting. It is followed by companies which deal in only domestic business. Domestic accounting is done in home currency and is easier than international accounting.
Answer:
Simple payback is 4 years
Total discounted Payback is more than the 5 years which is the payback cutoff period.
Explanation:
Payback period is the time period in which the project recovers the initial cost incurred. Lower the payback period the more beneficial will be the project.
Simple payback = $100,000 / $25,000 = 4 years
Discounted Payback
Discounted payback is calculated by using the present value of future cash flows.
Total discounted cash flows = 22935.78 + 21042.0 + 19304.59 + 17710.63 + 16248.28 = 97,241.28
As sum of all cash flows are less than the initial investment so, total discounted Payback is more than the 5 years which is the payback cutoff period.
