Answer:
increase productivity in office setting
Answer:
- IFCO for 20x7 as it is reported comparatively in the 20x8 statements = $5,600
- IFCO for 20x8 = $6,800
Explanation:
1) IFCO for 20x7 as it is reported comparatively in the 20x8 statements, should not include the $400 operating income from the component = $6,000 - $400, or $5,600.
2) IFCO for 20x8 should not include the gains resulting from the disposal of the component nor the losses generated by it = $7,000 - $300 + $100 = $6,800
Answer:
$10.08
Explanation:
First, find dividend per year;
D3 = 0.50
D4 = 0.50(1.35) = 0.675
D5 = 0.675 (1.35 ) = 0.9113
D6 = 0.9113 (1.07) = 0.9751
Next, find the present value of each dividend at 13% rate;
PV (of D3) = 0.50/(1.13^3) = 0.3465
PV (of D4) = 0.675/(1.13^4) = 0.4140
PV (of D5) = 0.9113/(1.13^5) = 0.4946
PV (of D6 )= 8.8209
Add the PVs to find the stock price;
= 0.3465 + 0.4140 + 0.4946 + 8.8209
= $10.08
Answer:
Reason : To ensure constant flow of cash
Explanation:
<u>Accrual Basis of accounting</u> records transactions when they meet definition and recognition criteria of Assets, Liabilities,Equity, Expense and Incomes.
This is different from<u> cash-basis accounting</u> which records transactions at the receipt or payment of cash.
Because of <em>timing</em> difference, the cash transactions (cash basis) can happen a late than the day of recognition of the elements (accrual basis).
Hence Revenue services demand that income tax be calculated on accrual basis to ensure a constant flow of cash whenever an entity transact.
Answer:
may be liable for both the negligent and intentional acts.
Explanation:
In the case when an agent is within the scope of agent relationship that committed both type of acts i.e. negligent and intentional that results the injury to the third party so here the principal may be liable for both the act i.e. negligent and intentional as it is followed by the doctrine of respodeat superior
Therefore the second option is correct
