t the steps in the correct order, starting with the step that should be taken first.

Q: Describe the three steps of the high-low method.

A:

Q: Prepare the following a. Direct method  b. Step-down method (allocate MR first)  c. Step-down…

A: Part a: Direct Method: Workings:

Q: ontal and vertical analysis. Which type of analysis did you do?

A: In selecting the company for investment it is quite necessary to develop the financial statment and…

Q: Define each of the following terms: g. Decision tree; staged decision tree; decision node; branch

A: Decision tree: A decision tree is a method of arranging a set of consecutive decisions, which is…

Q: Which among the following is a time-related attribute of good information? a. Order b. Brevity c.…

A: Introduction:- The following characteristics of quality information as follows:- Accuracy Relevance…

Q: What is meant by Remainderman?

A: The remainderman is a beneficiary that receives the principal left in an estate or trust after a…

Q: Define due diligence

A: Due diligence is a process by which investor checks all the material facts before entering into any…

Q: What are the conditions for third normal form (3NF)?

A:

Q: escribe a subsequent eve

A: A subsequent event is an event that take place after the balance sheet date but before before the…

Q: Define going-concern assumption

A: Definition: Accounting: Accounting is a system, or a process of collecting and organizing economic…

Q: can step one be structure differently using P=p( r/n)/1-(1+r/n)

A: Here, The interest rate is r. The maturity period is n. The compounding frequency is m.

Q: Where does the information on step one comes from?

A: The excess of an asset's expected investment return above the risk-free rate of return is known as…

Q: Explain the five-step sequence in a decision process.

A: Five-step decision-making process:  It does not only help in planning the various activities of the…

Q: In your words, take about the Master Scheduling

A: Master production schedule refers to the plan for the production of a good at a time period. It…

Q: What are Subsequent Events and what do they require?

A: Auditing:   It is a systematic verification of the books of accounts of an organization by an…

Q: Define a subsequent event.

A: Financial Statement: It refers to the annual reports of the company that is prepared at the end of…

Q: Explain the difference between a long and short forward.

A: STEP 1 A forward contract is a type of derivative contract that two parties can enter into to buy…

Q: Draw the step of the accounting Cycle ?

A: The accounting cycle is the comprehensive process of documenting and processing all of a company's…

Q: What are the four basic steps involved in the execution of a nenemergency change order?

A: The change order is the order in which the specifications of particular material are changed or the…

Q: Explain the process followed and the result

A: The process followed here is the calculation of the Economic Order Quantity (EOQ), which is a…

Q: What is a condition subsequent? Briefly explain with examples.

A: Condition subsequent: Condition subsequent refers to an event which bring an contract to an end…

Q: What is beginning AP stand for

A: Account payable are the liabilities for the business and recorded in balance sheet on liability…

Q: How to determine the appropriate signs (i.e., + or -) for the values of PV, FV, and PMT when…

A: Present Value is the value of an investment in present terms i.e. value today. Future Value is the…

Q: Where does the 12 come from in the second step?

A: Sales price = Cost per unit + Profit per unit  Cost = Direct material + Direct labor + Manufacturing…

Q: Can u please give the vertical analysis for this and interpret the results.

A: Vertical Analysis - Vertical Analysis is the method of analysis of financial statement of the…

Q: Differentiate between applied and actual FOH with two examples, support your response with…

A: Overhead are those expenses which are not directly consumed to make a product or render service but…

Q: Describe about the Going concern assumption with example.

A: Accounting:   Accounting is the process of recording the financial transaction of the organization…

Q: Describe about the deferrals? Explain it in detail.

A:

Q: What's the adjustment?

A: The answer is provided as follows:

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.