The following are 10 technical accounting terms introduced or emphasized in this chapter. Net present value Capital budgeting Incremental analysis Discount rate Payback period Present value Sunk cost Salvage value Return on average investment Capital budget audit Each of the following statements may (or may not) describe one of these technical terms. For each statement, indicate the accounting term described, or answer “None" if the statement does not cor- rectly describe any of the terms.

Q: pecia

A: Special Journals – Definition Special journals are those that are designed to handle certain…

Q: Draw ALL products of the following NH + H2O -->

A: Approach to solving the question: Detailed explanation: Examples: Key references:

Q: Which of the following orders allows for partial execution?

A: FOK (Fill or Kill Order): This type of order allows being executed immediately at the specified…

Q: P12.2 (c)

A: Ending Retained Earnings  = Beginning Retained Earnings  + Net income - dividend declared…

Q: THE SMITH COMPANY Using the business transactions below, complete T-accounts for the Smith Company.…

A: T Accounts    1. Cash Account Particular Debit Particular Credit         To capital A/c…

Q: Question 10 Listen Based on the piecewise function given below, what is f(2)? x², x≤ -5 f(x)=x+3,…

A: Step 1:

Q: Question 8

A: When net credit sales is divided with average accounts receivable it results in receivable turnover…

Q: 1,352,113.13 is incorrect. What is the correct answer?

A: Net Present Value is used to evaluate the investment and financing decisions that involve cash flows…

Q: Determine the mode of the set of values. (Enter your answers as a comma-separated list. If there is…

A: An individual observation is a single piece of data or information that is collected from an…

Q: the difference between a W-4 form and W-2 form.

A: Form W-4: Employee’s withholding allowance certificate. This form is filled by employees for their…

Q: please answer question 26

A:

Q: How do you solve (3.78./2.27)^(1.4)-1?

A: In this Firstly solve the values in the bracket, dividing 3.78 by 2.27. After that taking the value…

Q: The answer is somewhat close. The right answer is 1.5337 Please clarify

A: Stock price is $50 Strike price is $52 Risk free rate is 1% Time period is 3 months To Find: Value…

Q: E14.3 (b)

A: The cash flow statement is helpful for the stakeholders as they can identify the organization's…

Q: For what values of x is f(x) NOI differentidue:

A: At x=1 the given function is NOT DIFFERENTIABLE.  Because, at x=1 the value of the function is…

Q: Max E(U)= E(rc)-.5A o² (rc) y* E(rp)-r Ασ, What if A4, then y*= E(r) = σ(rd) = w

A: Step 1:  To solve the problem , we need to use the given formula for the optimal portfolio weight…

Q: x8=h 0817×1= h

A: y= 4x + 180 y= 8x   To solve above equations to find the value of x and y

Q: ou put 491-28 why is it 28 and not - 175?? Can you explain that please?

A: Most of the credit card companies compute their finance charges based on average daily balance.…

Q: 1= 2(1+g) or D1 = 2? Why?

A: Companies pay dividend to shareholder out of net income but some of earnings are retained for the…

Q: 4. What is sensitivity analysis?

A: What Is Sensitivity Analysis?

Q: it say 1.33 is incorrect

A:

Q: An oil company executive is considering investing $10.1 million in one or both of two wells: well 1…

A: NPV It is the present cash inflows less the present values of cash out flows. If the cash inflows…

Capital Gain

Any capital asset when sold can give the seller a higher or lower price from its purchase price leading to a capital gain or capital loss. The time period of holding an asset is decided based on if it is a long term or short-term capital gain. On that basis, the rate of taxation is decided if it is 20%, 15% or according to the tax brackets. The rate of taxation differs in the case of equity or debt, whether long or short term. The capital gain can be adjusted from capital loss to arrive at a net capital gain. The amount of gains and the exemption has to be reported in the tax return filed in the financial year in which the asset was transferred. The tax return can be filed quarterly, monthly, semi-annually or annually.