Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Futuretech Ltd. recently completed a project for a client which yielded a profit of R1 000 000. The company now has the opportunity to either invest the profits from the project or to take on a new project. The company can either undertake the development of new software for which it can sign a contract now to sell it for R1 500 000 in 3 years' time. Alternatively, it can invest the money a money market account where it can earn 15% per year. Determine the value of the investment alternative and choose the most correct option below.
A. R1000 000; it would be better to invest the proceeds.
B. R1500 000, it would be better to develop the software.
C. R1520 875, it would be better to invest the profits.
D. R1594 874, it would be better to develop the software.
Which of the following is true of the quick ratio of a company? Which accounting methods are net income and net cash flows from operating activities equal?
Your client Anderson Company owes a note to the bank in the amount of $1,000,000 due February 1, 2015. The bank has agreed to refinance $500,000 of the note on a long term basis if the company can pay the other $500,000 by the due date. Explain the p..
Cardinal Corporation, a calendar year taxpayer, receives dividend income of $250,000 from a corporation in which it holds a 10% interest. Cardinal also receives interest income of $35,000 from municipal bonds. After these items are taken into account..
Which is not characteristic of financial accounting? Which of the following events is not a transaction that would be recorded in a company's accounting records
Tangshan China's stock is currently selling, Assuming Tangshan China's most recent dividend was $5.50, what is the required rate of return on Tangshan's stock?
Journalize the entries to close the income summary account and the drawing accounts - Prepare a statement of partners' equity for the current year for the partnership of Menendez and Breeden.
Charitable contributions-State and local income taxes
Determine the maximum amount of 2019 personal tax credits, including transfers from a spouse or dependant, that can be applied against federal Tax Payable
On January 1, 2017, Ivanhoe Corporation sold a building that cost $258,210 and that had accumulated depreciation of $105,500 on the date of sale. Ivanhoe received as consideration a $248,210 non-interest-bearing note due on January 1, 2020.
The tax rate is 35 percent, the opportunity cost of capital is 10 percent, and the annual rate of inflation is 4.90 percent. What is the NPV of production line
Horton Industries’ shareholders’ equity included 170 million shares of $1 par common stock and a balance in paid-in capital—excess of par of $1,530 million. Assuming that Horton retires shares it reacquires (restores their status to that of authorize..
Stevie Hightower leased a machine on December 31, 2013, for a three-year period. The lease agreement calls for annual payments in the amount of $17,000 on December 31 of each year beginning on December 31, 2013. Hightower has the option to purchase t..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd