Answer:
Civil Engineers should develop build long term relationships with their clients so that they can get the projects or work in future.
Explanation:
Every professional need to build good relationship with his/ her client but for Civil Engineers, it is more important than others because:
- Civil Engineers do work by building roads, bridges and different buildings. All of these things should have a long life approximately more than 20 years in order to meet the quality and safety standards.
- On the basis of above argument, in order to get more work in future or working on same project, civil engineers should develop good relationship with their clients so that they can work with them in future as well as their clients can get them more work by their word of mouth.
Terminal EV = EV/EBITDA X EBITDA value of final year of forecast.
<h3>What is EBITDA?</h3>
EV stands for Enterprise Value and is the numerator in the EV/EBITDA ratio. A firm’s EV is equal to its equity value plus its debt less any cash debt less cash is referred to as net debt. In finance, the terminal value of a security is the present value at a future point in time of all future cash flows when we expect stable growth rate forever. The perpetual growth method of calculating a terminal value formula is the preferred method among academics as it has a mathematical theory behind it. This method assumes the business will continue to generate Free Cash Flow (FCF) at a normalized state forever. The exit multiple approach is more common among industry professionals, as they prefer to compare the value of something they can observe in the market.
The correct answer is option A.
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Answer:
The amount of the check is $5,292
Explanation:
The computation of the amount of the check is shown below:
= (Sales amount - return amount - Discount rate of adjusted sales)
= ($7,000 - $1,600 - 0.02 × $5,400
= $5,400 - $108
= $5,292
The adjusted sales equals to
= Sales amount - return amount
= $7,000 - $1,600
= $5,400
We assume that the Nash's trading company paid the amount within 8 days so that it can avails 2% discount
Answer:
The unredeemed gift cards should be reported as current liability on the balance sheet
Explanation:
Here in this question, we are interested in knowing how purchased but yet to be redeemed gift cards, having an extra year of validity should be recorded on the company’s present year-end financial statements.
The correct answer to this is that the yet to be redeemed gift card is to be recorded as a current liability on the present year balance sheet. When we talk of current liabilities, we are simply referring to those amounts in businesses which we are going to pay creditors within the year.
Although the gift card has been purchased, without redeeming yet still means there are some amount that is still yet to be paid out to the creditors. Now, since there is still a window of a whole full year before the creditors might no longer access the payment, then we can record the gift cards amount as current liabilities within the year which we are in since the payment is due to be paid within a whole full year.
Answer:
A CPA (Certified Public Accountant) can issue an unqualified financial statement. So the explanatory information provided is True.
Explanation:
A CPA can issue an unqualified report or clean report this menas that all aspects of the company economy are being covered, this doesn't means that your business presents good economic health, instead it represents that the statement is transparent.