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NikAS [45]
1 year ago
8

Market values: Group of answer choices reflect expected selling prices given the current economic situation. are affected by the

accounting methods selected. are equal to the initial cost minus the depreciation to date. either remain constant or increase over time. are equal to the greater of the initial cost or the current expected sales value.
Business
1 answer:
GenaCL600 [577]1 year ago
6 0

Market values:  reflect expected selling prices given the current economic situation.

<h3>What is market value?</h3>

Market value is the price buyers are willing to pay for an asset in the marketplace. In the case of publicly-traded assets or entities, it is also known as market capitalization and is calculated by multiplying the current price by the number of outstanding units.

There are a few components that go into calculating the market value of some assets such as businesses and with real estate, it involves a lot more than knowing about share prices. The business market value determination can also take components such as the value of intangibles and the future value of related assets into consideration.

Market value is more than a price but denotes the true underlying and not only the perceived value.

Thus , the correct answer is that Market values is  reflect expected selling prices given the current economic situation.

Learn more about Market Value on:

brainly.com/question/14612966

#SPJ4

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Kennedy Company uses the balance sheet approach in estimating uncollectible accounts expense. The company prepares an adjusting
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Answer:

The amount of uncollectible account expense was recorded for July was $9,500

Explanation:

According to the given data we have the following:

Accounts written off amount=$5,200

Increase in Allowance for Doubtful Accounts=$4,300

Therefore, in order to calculate the  amount of uncollectible account expense was recorded for July we would have to make the following calculation:

Uncollectible accounts expense for July= Accounts written off+ Increase in Allowance for Doubtful Accounts

Uncollectible accounts expense for July= $5,200+$4,300

Uncollectible accounts expense for July=$9,500

The amount of uncollectible account expense was recorded for July was $9,500

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Lito is working with a discount broker.Which service would Lito not be likely to receive?
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Answer: face to face consultations

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Which of the 5ms of the manufacturing process represents the way raw materials are formed, shaped, and held together?
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3 years ago
Jeff has a $2,000 salary and a $100 dividend income this month. This month Jeff has rent and utilities of $800 and he spent $350
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Answer:

Net cash flow is $850

Explanation:

Net cash flow =Monthly Cash inflows  - Monthly Cash outflows

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Therefore, Jeff's net cash flow for this month is $850.

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