Answer:
<h3>there are<em>
<u> eight </u></em>branches in accounting:</h3>
1. forensic accounting
2. financial accounting
3. cost accounting
4. managerial accounting
5. fiduciary accounting
6. accounting information systems
7. tax accounting
8. Auditing
Answer:
2273
Explanation:
In this question, we are asked to calculate Tom Tom’s maximum depreciation for this first year.
The term maximum depreciation is accounting principle talks about to what extent has the value of an asset been used.
To calculate his maximum depreciation, we need to be conversant with some conventions. The mid-month convention is what we need to understand here. What the convention assumes is that an asset which is placed into service during a given month is assumed to have been placed into
Such service at the middle of such month in question. Also, it is also assumed that disposing an asset at the beginning of one month or any other time of the month is same as disposing the said asset at the middle of the month. This is what the mid month convention is talking about.
It must also be noted that Residential property has a 27.5-year recovery period. The depreciation is thus $2,273 ($100,000 x 2.273%). This gives us the value of the maximum depreciation
Answer:
The annual cash flow using the gross book value method is $18,000
Explanation:
In order to calculate the annual cash flow using the gross book value method we would have to calculate the following formula:
annual cash flow=( value of new machine*ROI)/100
Value of the new machine=$120,000
ROI=15%
annual cash flow= ($120,000* 15%)/100 =
annual cash flow=$18,000
The annual cash flow using the gross book value method is $18,000
Explanation:
I would have to give up my dream of getting an economics degree because I felt that an economics degree would give me a more stable future. My parents always believed that, after finishing my education, I should pursue my acting career.
I'd make another choice, since I'm happy with my job now. If I choose to perform, I should have struggled a lot.
Consumers C make decisions because each action has a risk cost. You can't do two things at the same time and must choose one.
Individual producers / nations must choose what they are to produce, how they are to produce and how much they are to produce, as their resources are limited and their alternatives are being applied.
They are all picking the largest manufacturing organizations because they are well known. This manufacturer takes the time to advertise and promote themself where different businesses are aware of who they are and want to use them. By investing in your business and advertising, you have a greater chance of reaching more clients.
