Answer:
Average investment will be $625000
Explanation:
We have given cost = $610000
And residual value = $640000
We have to calculate the average investment
We know that average investment is given by
Average investment
So the average investment will be $625000 which is used for calculating the accounting rate of return
Answer:
All Matt, Brett and Brian
Explanation:
Since a business plan is essential for every company, and in this case, it is a team work, all three should carry out the business plan together.
Every entrepreneur must make this important document and participate in its preparation; as well as all team members, regardless of the size of the team.
Answer:
The correct answer is option A.
Explanation:
Availability float refers to the time difference between when the check is deposited and when the money is transferred to the recipient's account.
The time difference exists because the bank has to process the physical check before transferring the funds.
So the availability float can also be defined as the time taken by a bank to process and honor a check and transfer the funds to the recipient's bank.
Answer:
Both sales and account receivable
Explanation:
In the case when the company sells the goods or services on an account and the revenue is to be recorded prematurely so here the both accounts i.e. sales and the account receivable are overstated as it impacts these two accounts
Therefore the same is to be considered
hence, Both sales and account receivable are overstated
The bond that has a face value of $1,000 has a duration of 10 years.
<h3>
What is a bond?</h3>
A bond is a type of security in the financial world where the issuer (debtor) owes the holder (creditor) a debt and is required, depending on the terms, to repay the bond's principal (i.e., the amount borrowed) at the bond's maturity date as well as interest (referred to as the coupon) over a predetermined period of time. The interest is typically due at regular intervals, such as every six months, once a year, and less frequently at other times. To finance long-term investments or, in the case of government bonds, to finance immediate expenses, the borrower can obtain external funds through the sale of bonds. Both bonds and stocks are considered to be forms of security, but the main distinction between the two is that (capital) stockholders have an equity stake in a company, whereas bondholders have a creditor stake.
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