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.
C. The company’s prospectus
Unless you have a Business Plan.
Business plan contain your Objectives and step by step strategy that you will do in order to expand your Company.
Showing in front of investors without it make them questioned your commitment as a future Partner. To put it simply, you look like a careless & unmotivated person that is really bad for business
The answer is Guido D'Arezzo. He was the creator of the modern staff, he had used yellow and red lines to indicate pitches in the staff. In the modern era, these yellow and red lines were removed but still followed D'Arezzo's modern musical staff. Aside from the musical notation, D'Arezzo is also known for his text called "Micrologus"
Answer:
-8%
Explanation:
For computing the total return from your investment, first we have to determine the return from investment which is shown below:
Return on investment = Total inflow - total outflow
where,
Total inflow = $90 + $2 = $92
And, the total outflow = $100
So, Return on investment would be -$8
Now the Return on investment in percentage would be
= Return on investment ÷ investment × 100
= - $8 ÷ $100 × 100
= - 8%