utually e atives as part of a production imp ram. The alternatives are as follows:

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A: Net purchase is presented in income statement in order to determine Gross income and net income. 

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A: Please see Step 2 for required information.

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A: Purchase on account means credit purchases. 

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A:   A journal entry records a business transaction in the accounting system for an organization. Every...

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A: Journal entry is the process of recording the transactions. The transactions in the question took pl...

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A:

Q: issues are often encountered in declining executive compensation

A: Executive compensation refers to the compensation for executive officers of a company.     

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A: Lets understand the basics. Dividend yield ratio indicates the dividend paid in compare to market pr...

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A: Break-even point: The break-even point refers to the situation of the organization where neither pro...

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A: Borrowings - Borrowings is the amount borrowed from the lender for some specific purpose to be repai...

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A: Please see Step 2 for required information.

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A: Entries are used to record financial transactions. To generate a journal entry, you enter transactio...

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A:

Q: 3. Why do retained carnings not increase by the amount of June net income?

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A: The answer is stated below:

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A: In case of amalgamation, purchase consideration is the agreed amount which transferee. company (Purc...

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A: Introduction: Gains and losses are unavoidable results of investment. Every investor is looking for ...

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A:

Q: lect the correct response High professional fees of appraisers Inability to forecast future cash flo...

A: The answer is stated below:

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A: The correct answer for the above mentioned question is given in the following steps for your referen...

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A: VAT is value added tax provide some exemption for publice interest. Following is the correct answer.

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A:

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A: Solution: Annual depreciation on equipment = (Cost - Salvage value) / useful life = ($122,000 - $12,...

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A: The income statement represents the net income or net loss that is calculated by deducting the expen...

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A: Formula: Gross profit = Sales - Cost of goods sold

Present Value

Present value (PV) is defined as the current or present value of all future sums of cash flow or money at a specified rate of return. This rate of return is known as the discounted rate, which is essentially the interest rate, discounted over some time. The expected cash flows are discounted at a discount rate to compute the present value. The higher the discount rate, the higher the future value (FV), but the lower the present value.