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Management accountingcollecting and analysing internal information which are used by internal stakeholders such as managers. This help them with decision making to help them achiev...
X=2Y=1
Year 1£10,000 * 15% = £1,500 (Depreciation for year 1)£10,000 - £1,500 = £8,500 (Net present value at the end of year 1)Year 2£8,500 * 15% = £1,275 (D...
This question is a simultaneous equation, this means we substitute one value into the other equation.We are looking for the points where the curves intersect.First I would take x+y=3 and bring the y over ...
We solve this by multiplying the starting value, £4500 , by 1 + {the interest rate expressed as a decimal} , or in this case, 1 + 0.013 . This gives us £4500 x 1.0136 and when we type this into...
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