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Question - On a typical days firm writes cheque totaling Tshs 300,000. These Cheques clear in seven days. Simultaneously, the firm receives Tshs 170,000. The Cash is available in two days on average.
Required -
i. Calculate the disbursement, the collection and the net float?
ii. How do you interpret the answers in (i) above?
iii. Explain why the net present value is more favourable for the bridge project than tunnel, while the internal rate of return gives the tunnel project as the best choice?
Carey is a waiter at a restaurant that pays a small hourly amount plus tips. Customers are not required to tip the waiter. Carey is especially attentive and friendly, and her tips average 25% of the restaurant charges. Is Carey required to include..
Find three separate references to assets and to liabilities in healthcare organizations in published news sources such as The Wall Street Journal or Business.
the door company manufactures doors. classify each of the following quality costs as prevention costs appraisal costs
Nikki purchased a new business asset (three-year property) on July 23, 2015 at a cost of $60,000. Determine the Cost Recovery (Depreciation) deduction for 2015
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Profit margin (net) of 8.8. Ltd., is 7% while turnover is 3 times of its capital. Determine what The return on investment of the concern is?
Define the time value of money. Do you believe that the average person considers the time value of money when they make investment decisions?
How should the company measure organizational performance? How will the company examine what progress is being made toward the stated objectives
Assume that all receipts were converted into dollars as soon as they were received, how much will Voltac report on its 2017 financial statements
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Near the end of 2015, the management of Isle Corp., a merchandising company, prepared the following estimated balance sheet for December 31, 2015. Prepare a master budget for the first three months of 2016. Round to the nearest dollar. Prepare a mast..
Victoria paid in $12,000 through withholding. Her 2018 tax liability was $11,500. Victoria's AGI for 2019 is less than $150,000. How much penalty Victoria pay
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