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Rondo plc, a sports apparel manufacturer with a cost of capital of 13.75%, is looking to expand its activity and is considering two possible countries to open a sales subsidiary. Rondo only has the ability to raise £1,300,000, which is the amount required to open each of the subsidiaries, so it needs to choose between the two investments, which are expected to generate the following cash flows:
Year
Country Far Away
(in £'000)
Country Nearby
1
600
200
2
300
3
1,000
4
750
1,500
Make a recommendation to Rondo, plc as to which project it should implement, including an indication of whether that decision should be different in case the cost of capital changes in the near future.
How to create account for barter transactions? As My Company is providing a service to another company and that company is reimbursing us with his service.
On January 1, 2012, Lexmark Company's Accounts receivable account had a debit balance of $10,000. During January, 2012, the company billed customers for services in the amount of
What is the typical time span for long-range plans? A. More than 1 year C. 3-5 years B. 2-3 years D. About 25 years
with help of illustrations,comment on final accounts
“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.” Elaborate and explain why journal is necessary.
Credit what comes in. Debit what goes out.
Q. How to determine inventory cost? To place the proper evaluation on inventory a business must answer the question: Which costs must be included in inventory cost? After that
what is assets and its type ?
J Green''s financial position at 1 May 2008 was as follows bank 2,910 cash 160 equipment 5,900 premises 25,000 creditors R smith 890 t thomas 610 debtors j car
what is the implications of applying accounting concepts wrongly
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