Answer:
18% and 24.01%
Explanation:
The computation of the internal rate of return for each machine is shown below:
Let us assume the Internal rate of return be X
And as we know that
The present value of cash inflows = present value of cash outflows
For Machine A
So,
$2,000 = $3877 ÷ 1.0x^4
So X = IRR = 18%
For Machine B
$2,000 = $832 ÷ 1.0x + $832 ÷ 1.0x^2 + $832 ÷ 1.0x^3 + $832 ÷ 1.0x^4
So X = IRR = 24.01%
Healthcare worker's main goals are to treat patient illnesses, but they cannot ignore social and cultural contexts. To provide the best care, it is vital that healthcare workers understand and respect how different cultures and religions handle grief and death. For example, it may be important to have a Rabbi or Priest who can pray with the patient or family if desired.
Answer:
The answer is You must have a long position in a futures contract.
Explanation:
A futures contract is an agreement to buy or sell an asset at a future date at an agreed-upon price. They are also often used to hedge the price movement of the underlying asset to help prevent losses from unfavorable price change.
Forward contracts are traded over-the-counter and have customizable terms that are arrived at between the counterparties. It is similar to futures contract in the sense that lock in a future price in the present.
However, in this case, Futures contracts apply because it is standardized thereby making each participant have the same terms regardless of who is the counterparty.
<span>The promotional event can be marked as a sales promotion. Sales promotion is a method used to convince the customer in buying the product of the seller. The company's method was to invite influential people to create the caps so that people can buy them. The profit will be part to the company and part to the charity. </span>
Answer:
Identification of Type of Account, etc.:
Letter Account
2. Sales & Services
6. Allowance to for Doubtful Accounts - 6. (Asset), Credit, Balance Sheet, No
1. Office Salaries Paid - Expense or Loss, Debit, Income Statement, Yes
Notes Payable
8. Cash - Asset, Debit, Balance Sheet, No
1. Sales Returns & Allowances - Expense or Loss, Debit, Income Statement, Yes
Explanation:
NB: Notes Payable are Liabilities, Credit, Balance Sheet, No.
The normal balance of Assets is debit. Assets are stated in the balance sheet and are not closed at the end of the period. The normal balance of Liabilities and Equity is credit. Liabilities and Equity are stated in the balance sheet and are not closed at the end of the period. The normal balance of Revenue or Gain is credit. Revenue or Gain is stated in the Income Statement and is closed at the end of the period. The normal balance of Expense or Loss is debit. Expense or loss is closed at the end of the period.
