Answer:
d) Changes in working capital
Explanation:
the formula used for calculating net PP&E is:
Net PP&E = gross PP&E + capital expenditures - accumulated depreciation
PP&E represents fixed assets (plant, property, and equipment).
On the other hand, working capital involves current assets and liabilities such as cash, accounts receivables, accounts payable, inventories, taxes payable, etc.
Answer:
c. expense recognition principle
When a firm buys an asset that has a useful life of more than a year, it means that the cost of the asset should also be spread through out its life, the reason for this is that the asset is that this asset will create revenue for more than one year so its cost should also be split up. The expense recognition principle states that expenses should be recognized in the same period as the revenues to which they relate, and following this rule is the reason that depreciation is recorded in each period. If depreciation was not recorded and the asset was expensed the year it was bought, it would reduce the profits in the first year and increase them in the following years
Explanation:
Answer: Global citizens
Explanation:
Global citizens tend to gravitate towards foreign goods because they believe them to be of better quality. Gigi here likes global goods because Gigi believes that if a company can be successful on a global scale, they must have better quality.
Global citizens however care about the working conditions of the employees of the people producing these goods as well as our responsibility to the environment. They believe that companies should pursue Corporate Social Responsibility to ensure that workers are treated well and the company introduces policies to help the environment.
The constant monthly withdrawal amount can be calculated by using PMT function in excel as in =PMT(rate,nper,pv) where rate = 7% = 0.07/12 (Monthly rate), nper = 20 years = 20*12 = 240 months and pv = 300,000
Constant monthly withdrawal amount =PMT(0.07/12,240,300000)
Constant monthly withdrawal amount = $2,325.90
Constant monthly withdrawal amount = $2,326 (Option C)
Multiply 0.13 by 75: $9.75.
Multiply that by 5: $48.75.
