FIN 3701 ASSIGNMENT 1
FIN3701 ASSIGNMENT 1 – UNIQUE CODE: Johan Roberts QUESTION 1 1.1) The R190 000 that was conducted for market research will be allocated to the Income statement under Operating Expenses with a sub heading called Research Development. The market research is an expense a business incurs through its normal business operations. The annual interest expenses will lower your cash flow and is recorded in the operating activities section in the business’s cash flow statement as well as the nonoperating expenses in the income statement. 1.2) Initial investment = Cost of new asset + Installation costs – After tax proceeds from sale of the o
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Johns Hopkins University
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FIN 3701 ASSIGNMENT 1
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- September 1, 2021
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- 6
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- 2021/2022
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- Exam (elaborations)
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- Questions & answers