Answer: Option B
Explanation: Capital budgeting refers to the process in which an analyst tries to evaluate whether a long term investment will be profitable for the organisation or not.
In the capital budgeting process, only the quantitative aspects of a project will be taken into consideration and qualitative aspects such as quality and work space safety are not considered.
Hence from the above we can conclude that the right option is B.
Answer:
The journal entry to record the establishment of the fund on september 1 is:
1 September Petty Cash $ 470 Dr.
Cash $ 470 Cr.
31st September Office supplies, $95 Dr.
Merchandise inventory, $ 181 Dr.
Miscellaneous expenses $ 44 Dr.
Cash $320 Cr.
To reimburse Petty Cash
The journal entry to reimburse and to increase the fund are same .
October 1 Petty Cash $ 94
Cash $ 94
To increase the Petty Cash by $ 94
Answer: $7,265,000
Explanation:
Question is to find the balance remaining for the Police at year end.
Please find the table attached:
= 10,000,000 - 1,800,000 + 1,790,000 - 1,750,000 + 975,000
= 7,265,000
Deposit (PV): $10,000
Years between the 18th month and the fifth year (n) = 3.5
(I)=7% yearly interest rate
Simple interest approach accumulated value equals P*(1+(i*n)).
=1000*(1+(7%*3.5))
=1245
Thus, the total value at the end of five years will be $1245.
Compound interest method accumulated value equals P*(1+i)n
=1000*(1+7%)^3.5
=1267.19
Therefore, the total value after five years will be $1267.19.
Learn more about simple interest here ;
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Answer:
(A) cognitive dissonance
Explanation:
The type of cognitive dissonance that appears when a customer seems to regret her or his purchase is commonly known as buyer’s remorse. It can be because customers made an impulsive purchase and thus now is regretting his or her decision, or because the item that she or he purchases are expensive in nature. In addition to the price of the purchased item, other factors that causes buyer’s remorse to arise are high involvement of the purchaser, compatibility of the product purchased, and the purchaser’s goals.
