Essays on Subtracting

Part 1

The relevant costs in making expansion decision are the fixed and variable costs as well as the costs of forgone alternative. The Opportunity costs refer to the profit that could be realized if the plant expanded into the general pastry market. The actual costs incurred in the expansion of the business are the cost of machinery, new building and variable cost of production i.e. additional ingredients and workers. The short run costs are costs that will be incurred to ensure the business increases production to utilize its idle production capacity. These costs include the cost of ingredients and additional ...

Adding and Subtracting Fractions with unlike denominators and multiplying fractions

Hi friend! I am Mary. I have a few guests coming over, so I thought to bake some cookies. The recipe calls for 12 cup of brown sugar and 34 cup of white sugar. Let’s calculate the total amount of sugar I need? Firstly, we ensure that the fractions to be added must have a common denominator. In our case, the denominators are unlike and consequently, we will make an equivalent fraction. Let’s start working: x 2 12 = 24 x 2 Now, the newly produced fraction for brown sugar and the quantity for white sugar are expressed ...

Business Accounting Assignment 1: Business Report on Accounting Practices and Financial Standing of Crafty Limited

Introduction Final Accounts are prepared at the accounting cycle in order to determine the financial state of a business during a designated period. Preparation of final accounts include Manufacturing and Trading account statements, Profit and Loss Account sheets and the Balance Sheet. In order to calculate the amount of profit or loss a business entity has generated within a specified period, the Trading, Profit and Loss Account is prepared; since the Balance Sheet provides a snapshot of the assets and liabilities of a business, its interpretation reveals how financially viable the business is currently; while the most important function ...

Net present value

NPV is gotten by subtracting cash outflows from the sum cash inflows from the project investment. To get current values, a discounted rate used which is the rate of return or the opportunity cost of capital. The opportunity cost of capital is the rate of return that an investor could earn if the money would have invested in financial assets of equal risk (Gollier, 2009). It’s therefore, the return that an investor would expect to receive. It’s vital in capital budgeting because of the determination of the expected profits from the projects to be invested if approved ...

Abstract

Accounting scandals are business scandals that arise following the uncloaking of financial misdeeds by some trusted personnel in corporations. Some of the misdeeds usually involves some complex methods for embezzling, understating, misdirecting money, overstating the value of assets or in other words, underreporting the available liabilities. This is mostly accomplished in collaboration with workers or affiliate in corporations. In companies with public status, this kind of innovative accounting qualifies to fraud whereby investigations and inquiries are commenced by agencies of the government in place. In United States for instance, some of the government oversight agencies that are eligible to ...