Answer:
True
Explanation:
INTERPERIOD EQUITY is a government's obligation for enterprise to disclose whether current-year revenues were sufficient to pay for current-year benefits, or was payments defer to future taxpayers. That is, interperiod equity refers to whether the revenues gotten in the current-year are sufficient enough to pay for the services provided that same year.
Answer:
Conceptual framework
The modern world is an OLRT (On-Line Real Time) world. The days of prolonged waiting for a report on the performance and financial position of a business are past. Time is money and time is limited. Information should be available as events occur because one event can mean the difference between success and failure.
The problem poses three questions and expects answers. The answers to all three questions are in the affirmative:
Financial information would be more useful, more relevant and more reliable in an OLRT electronic, paperless world
A focus group is a common qualitative research technique used by companies for marketing purposes. It typically consists of a small number of participants, usually about six to 12, from within a company's target market. So yes your right
Answer:
$52,526
Explanation:
In two years i have $35,000.
the amount invested thus the Principle amount is $35,000
Pv = $35,000
r = 7 %
PMT = $0
n = 6
Fv = ?
Note that The 8 th year is the sixth year of this investment.
FV = PV × (1 + r) n
= $35,000 × ( 1 + 0.07) 6
= $52,525.56
= $52,526
Answer:
Straight-line
depreciation expense for 2016 =40350
depreciation expense for 2017 =40350
Double-declining-balance
depreciation expense for 2016 =105840
depreciation expense for 2017 =63504
Explanation:
Schedule of depreciation expense per year for the machine under the two depreciation methods is attached.
Original Value=264600
Residual Value=22500
Useful life=6
Straight-line
depreciation expense = (Original Value -Residual Value)/Useful life
depreciation expense = 40350
Double-declining-balance
Depreciation rate=1/useful life *100
Depreciation rate 20,00%
