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- Which of the following statements is CORRECT? a. If a project with normal cash flows has an IRR greater than the cost of capital, the project must also have a positive NPV. b. If a project with normal cash flows has an IRR less than the cost of capital, the project must have a positive NPV. c. If the NPV is negative, the IRR must also be negative. d. A project's MIRR can never exceed its IRR. e. If Project A's IRR exceeds Project B's, then A must have the higher NPV.1. Ms. Fely Fina, a resident Filipino, an employee of ABC Company in the Philippines works as a Human Resource Officer earning a salary of P20,000.00 a month. Ms. Fely Fina due to her expertise in human resource management was deployed to XYZ Company, a branch Of ABC Co. based at Hongkong. She receives a salary of 30,000 Hongkong dollar. After one year, she was recalled and went back to her mother company ABC in the Philippines. Based on the facts cited above, are the incomes of Ms. Fely Fina both from the Philippines and Hongkong taxable income? If your answer, is yes why? If your answer is no, why?Steve exports high quality custom car parts to other countries and is registered for GST. In August of the current year he exported some parts to a New Zealand mechanical business and the parts were returned to him because they did not fit. Steve undertakes the repairs and uses a number of smaller components in the process. The repaired car parts were returned to the customer in New Zealand in December of the current year. Steve charged the customer for the repair including the parts used. In relation to GST which of the following statements is most correct? a. Steve will not be entitled to input tax credits for any costs associated with the initial sale or the repair of the parts. b. Steve should charge GST on the initial sale but not on the repairs. c. Steve should charge GST on both the initial sale and the repairs. d. Steve should not charge GST on any part of the transaction.
- George has chosen to buy a new car with a cost of $21, 760 before taxes. Find the cost of the car inclusive of HST. Enter a numeric value only, rounded to 2 decimals places. An answer of $100 should be entered as 100.00.Assume you are looking to share an apartment with another person, Joe. The rent for a 2-bedroom/2 bath apartment is $1,000 per month. Joe wants to split the rent 50/50. Prior to agreeing to this, you find out the following information: Joe’s bedroom is 20’ x 24’ or 480 square feet with an on suite bath. Your bedroom is 12’ x 10’ or 120 square feet and the bath will be used by visitors too. You think that the rent should be allocated between you and Joe based upon the relative square feet of your rooms. Whose method (Joe’s or yours) represents activity-based costing?Assume you are looking to share an apartment with another person, Joe. The rent for a 2-bedroom/2 bath apartment is $1,000 per month. Joe wants to split the rent 50/50. Prior to agreeing to this, you find out the following information: Joe’s bedroom is 20’ x 24’ or 480 square feet with an on suite bath. Your bedroom is 12’ x 10’ or 120 square feet and the bath will be used by visitors too. You think that the rent should be allocated between you and Joe based upon the relative square feet of your rooms. Which method is most accurate? Why?
- Case Study 1: A Not for profit Organization (NPO) wants to create a sample of financially backward girl students who are unable to continue their higher education, from the AL Dakhliya governorate. The organization wishes to sponsor the students' higher education expenses. For this purpose in the first stage, the NGO randomly selects some wilayats from the 8 wilayats in the Al Dakhliya governorate to form a sample and then selects all girl students from the selected wilayats to extend help to them by providing sponsorship for their higher education. Based on the above case answer the following THREE questions: What is the method of sampling used here? Stratified sampling Oa. b. Cluster Sampling C. Convenience Sampling O d. Systematic samplingIn 1626, Dutchman Peter Minuit purchased Manhattan Island from a local Native American tribe. Historians estimate that the price he paid for the island was about $24 worth of goods, including beads, trinkets, cloth, kettles, and axe heads. Many people find it laughable that Manhattan Island would be sold for $24, but you need to consider the future value (FV) of that price in more current times. If the $24 purchase price could have been invested at a 4.25% annual interest rate, what is its value as of 2018 (392 years later)Ruth's Puppy Parloc is a pet grooming parlor and boutique. Ruth sells personalized puppy blankets at $25 each. Her contribution margin is $6. If Ruth has an additional $150 in blanket sales, how much will her profit increase? 0 56 $150 O $36 O $72
