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A firm has $700 in inventory, $600 in fixed assets, $600 in accounts receivables, $800 in accounts payable, and $50 in cash. What is the amount of the present assets?
Question: (a) The future value (F) of a sum invested now can be calculated using the formula: F = P(1 + r) n Required: (i) Describe each of the other constituents in the
State about the Audit plan contents 1. Report requirements and terms of reference. 2. A review of business and financial position, reviewing why changes had occurred in curr
answers for the personal finance literacy 2nd edition workbook answers chapter 9(obtaining and protecting your credit)
The Relationship between Futures Price and Cash Price Any commodity that can be bought in the market has a price, which is referred to as cash or spot price for immediate deliv
The capability of an asset to be converted into cash as quickly as possible without any discount to its value.
What is accumulated depreciation? Depreciation is the provision of an asset's initial cost over time. Accumulated depreciation is the sum of all the depreciation expense that
Previous MOS = 750 - 270 = 480 aircraft; Revised MOS = 750 - 420 = 330 aircraft Explanation that a lower MOS = lower levels of profit and therefore exposes the business to more
Performance budget: it involves evaluation of the performance of the organization in the context of both overall and specific objectives of the organization. As per the National I
The personnel department of a firm is entrusted with the responsibility of recruitment, training and placement of the staff for the firm. The department is also required to critica
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