Answer:
Cultural Relativism
Explanation:
Cultural relativism basically implies that other people's values, norms and morals should be understood and respected, rather than judged, usually from the viewpoint of another culture, as the saying goes when in Rome, act like the Romans.
Therefore, Three Torque Inc. has demonstrated Cultural Relativism in deciding to respect the ethics of countries that prohibit facilitating payments.
you've been meaning to fix those rotted boards on your porch for years. finally, last week the deck gave way. No, you will not be able to recover the cost of replacement. This is further explained below.
<h3>What is the cost?</h3>
Generally, the cost; In order to get or carry out (something), one must first spend (a certain quantity of money).
In conclusion, You've been looking at the rotten planks on your porch for years and know you need to do something about it. The deck ultimately collapsed last week. The cost of replacement cannot be recouped, unfortunately.
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Answer:
Assets must have increased by $5,000, or stockholders' equity must have decreased by $5,000
Explanation:
The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity.
This may be expressed mathematically as
Assets = Liabilities + Equity
As such, an increase in total liabilities by $5,000 from the options given means that assets must have increased by $5,000, or stockholders' equity must have decreased by $5,000, this way, the accounting equation stays true.
Answer:
the current yield is 7.49%
Explanation:
The computation of the current yield on the bond is shown below:
The current yield is
= Annual coupon payments ÷ Bond price
= ($1,000 ×6.5) ÷ $867.25
= $65 ÷ $867.25
Hence, the current yield is 7.49%
Answer:
$440,140
Explanation:
According to the accounting principle, the inventory should be valued at lower of cost or market value. The calculation is shown below:
Cost Market Lower value
Small $68,650 $56,490 $56,490
Medium $283,710 $237,140 $237,140
Large $146,510 $177,300 $146,510
Total $440,140
Hence, the ending inventory would be valued at $440,140