If a company has two projects of equal value to selected from how would they decide which one to choose for their budget?

Sarah recently bought a bicycle. After a few days of cycling, she realized that she needed a basket on the bicycle to keep her b

Sloan [31]

Answer:

Functional need

Explanation:

Functional need -

It refers to the needs of the human being , which are important for the survival , is referred to as functional need .

These are basic requirements which are important for the day to day activities of the people .

Hence , from the scenario of the question,

Sarah bought a cycle , but as soon as she realized that basket is important for keeping her bag and other item .

Hence, the need of basket is the functional need .

3 0

4 years ago

On January 1, Kirk Corporation had total assets of $864,000. During the month, the following activities occurred: Kirk Corporati

Whitepunk [10]

Answer:

The amount of total assets of Kirk Corporation at the end of the month is $ 871,400

Explanation:

Total assets at January 1 = $864,000

Equipment purchased = $ 7,400

Supplies purchased = $ 3,640

Cash paid for supplies = $ 3,640

Cost of land sold = $16,400

Cash received from Land sold = $16,400

Therefore total amount of cash out = $ 16,400 + $3,640 = $ $20,040

Total amount of cash in = $ 7,400 + $ 3,640 + $16,400 = $27,440

Amount of total assets at the end of the month = $864,000 + $27,440 - $20,040 = $ 871,400

4 0

3 years ago

You are considering investing in a security that will pay you $80 in interest at the end of each of the next 10 years. If this s

elena55 [62]

Answer:

the internal rate of return is 6%

Explanation:

The computation of the irr is shown below

Given that

Initial investment = $588.81

And yearly cash flows for the next 10 years is $80

Now for determining the internal rate of return we have to apply the formula

= IRR()

After applying the internal rate of return formula, the internal rate of return is 6%

Hence, the internal rate of return is 6%

7 0

3 years ago

Ellen offers to sell her math textbook to Julia for $50. Julia does not respond. Ellen and Julia do not have a contract because

Firlakuza [10]

The answer should be c͟o͟m͟m͟u͟n͟i͟c͟a͟t͟i͟o͟n͟, but this question seems a bit vague.

6 0

3 years ago

Catamount Company had current and accumulated E&P of $585,000 at December 31, 20X3. On December 31, the company made a distr

Nata [24]

Answer and Explanation:

No loss will be recognized in the year 20X3 and a provide a reduction in E&P of $292,500

Given:

Current and accumulated E&P = $585,000

Fair market value = $234,000

Profit on accumulation:

Profit on accumulation = Current and accumulated E&P - Fair market value Profit on accumulation = $585,000 - $234,000

Profit on accumulation = $351,000

Distribution is divided because accumulated profit in year 20X3 is higher then distribution.

5 0

3 years ago