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3 years ago

A closeout report is primarily used to

Business

1 answer:

BigorU [14]3 years ago

8 0

Answer:

draft the summary of a project plan and the performance efficiency of it.

Explanation:

A closeout report is primarily used to "draft the summary of a project plan and the performance efficiency of it."

Closeout report is a means of preparing an analysis of a project plan, including the result, in which the differences, pros, and cons, are listed out.

It also contains the performance rating or measure to determine the level of success of a project plan.

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A nation's capital stock was valued at $300 billion at the start of the year and $350 billion at the end. Consumption of private

Alekssandra [29.7K]

Answer:

Gross investment will be equal to $175 billion

Explanation:

We have given nation's capital stock at the start = $200 billion

And capital stock at the end = $350 billion

Consumption of private fixed capital in the year = $25 billion

We have to find the gross investment

Gross investment is equal to

Gross investment = Capital stock at the end of the year + consumption of private fixed capital - Capital stock at the starting of the year

= $350+$25-$200 = $175

So gross investment will be equal to $175 billion

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3 years ago

Which of the following are in accordance with IFRS? Cash basis accounting Both accrual basis and cash basis accounting Neither a

Anton [14]

Answer:

Accrual basis accounting

Explanation:

Under Accrual basis of accounting, income is recognized when it is earned and not when actual cash is paid or received.

Under cash basis of accounting, income is only recognized when actual cash is received.

Accrual basis of accounting ensures transactions pertaining to a period are recorded in that period and it depicts more accurate financial picture unlike in cash accounting wherein income for a period might be overstated or understated.

Following cash basis of accounting is not in accord with both US GAAPs (generally accepted accounting principles) and IFRS.

7 0

3 years ago

For most accounting positions, the minimum educational requirement is

Archy [21]

It’s c I had this problem a week ago

3 0

3 years ago

The following information is available for Mint Corporation:

Wewaii [24]

Answer:

A. Total paid-in capital $2,900,000

B. Total stockholders' equity $3,650,000

Explanation:

A. Calculation to determine the Total paid-in capital

Total paid-in capital = ($1,500,000 + $200,000 + $750,000 + $450,000)

Total paid-in capital = $2,900,000

Therefore Total paid-in capital will be $2,900,000

B. Calculation to determine the Total stockholders' equity

Total stockholders' equity = ($2,900,000 + $800,000 – $50,000

Total stockholders' equity = $3,650,000

Therefore Total stockholders' equity will be $3,650,000

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3 years ago

What happens in the market with an upward sloping supply curve when there is a shift in the demand curve due to an external sho

Sergeeva-Olga [200]

<span>There will we a new equilibrium price will be achieved over some period of time, this will happens in the market with upward sloping supply curve when there is a shift in the demand curve due to external shock. When the market has a upward sloping supply curve and there is a shift in the demand curve due to external shock this only means that a new equilibrium price will be achieve over some period of time.</span>

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3 years ago