Answer:
Click the crown at the bottom right corner of an answer to your question.
The answer is true.
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Answer:
Explanation:
First, we have to compute the accrued interest amount, then only the adjustment entry would be made.
So,
Accrued interest = (Borrowed amount) × (rate of interest) × (number of months ÷ total number of months in a year)
= $8,000 × 12% × 2 ÷ 12
= $160
The two months is calculated from May 1, 2018 to June 30, 2018
Now, we pass the adjustment entry which is shown below:
Accrued interest expenses A/C Dr
To Interest payable
(Being adjustment entry of accrued interest is recorded)
Answer:
Data scientist
Explanation:
Data scientists specialise in getting insight a from data using mathematical and statistical tools.
For example a data scientist can determine the period when sales is lowest, when sales is highest, the products that sell more, and those that sell less.
These insights give the management ability to make informed decisions on how to improve performance.
Data can be presented in a form that is easy to understand, such as charts and tables.
Answer:
all of the above
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.
When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable. This ensures that shareholder wealth is maximised
The NPV method uses discounted cash flows. so the time value of money is considered