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Paha777 [63]
1 year ago
9

A broad principle that requires identifying the activities of a business with specific time periods such as months, quarters, or

years is the?
Business
1 answer:
Vlada [557]1 year ago
3 0

A broad principle that requires identifying the activities of a business with specific time periods such as months, quarters, or years is the <u>Time period principle.</u>

The time period principle- Financial results and other material business activities should be reported over a consistent time period, such as a month, week, day, etc., in accordance with the time period concept. Depending on the frequency of the chosen time period, the firm must then adhere to a distinct set of regulations for each financial statement in accordance with US Generally Accepted Accounting Principles.

Any company's financial statements can be thought of as a snapshot in time that reveals both the company's history and its current status. That's why it's crucial to disclose to readers the time frame in which the financial statements were generated in accordance with the time period concept.

In its broadest sense, the time period principle holds that any enterprise may conveniently categorize its financial operations into discrete time intervals. That is to say, all cash inflows and outflows may be neatly categorised into separate and sequential accounting periods.

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To know more about Time period principle refer here:

brainly.com/question/13035515

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A cash equivalent is a short-term, highly liquid investment that is readily convertible into known amounts of cash and Group of
rewona [7]

Answer:

so near its maturity that it presents insignificant risk of changes in interest rates.

Explanation:

As we know that the cash equivalent i.e .short term and also classified as the highly liquid investment that is always ready to convert into the cash amount i.e. near to its maturity also at the same time it represent the non-significant changes risk with respective to the rate of interest

Therefore the last option is correct

8 0
2 years ago
Did I graph number 1 correct and is the number 2 answer yes?
coldgirl [10]
Yes you did it all correct
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3 years ago
PAW Industries has 5 million shares of common stock outstanding with a market price of $8.00 per share. The company also has out
Leokris [45]

Answer:

a. 10.14%

Explanation:

WACC = wE*rE + wP*rP + wD*rD(1-tax)     whereby;

w= weight of...

r = cost of..

Find the market values;

Common equity(E) = 5,000,000* 8 = 40,000,000

Preferred stock(P) = 10,000,000

Debt (D) = 100,000 *1000 *0.96 = 96,000,000

Total value = 146,000,000

Therefore;

wE= 0.2740

wP = 0.0685

wD = 0.6575

Cost of capital;

rE = 19% or 0.19

rP = 15% or 0.15

rD = 9% or 0.09

WACC = (0.2740*0.19) + (0.0685 * 0.15) + [0.6575*0.09(1-0.34)]

WACC = 0.0521 + 0.0103 + 0.0391

WACC = 0.1015 or about 10.14%

6 0
2 years ago
Preferred stockholders receive their
pshichka [43]

Answer:

D- before; non-voters

Explanation:

Preferred stocks represent a type of ownership in a corporation or limited liability company. Preferred stockholders are given preference over the assets of the business. If the business makes profits, preferred shareholders will be paid first. In case of a dissolution, preferred shareholders will be given priority over ordinary shareholders in the distribution company's assets. On the flip side, preferred shareholders have no voting rights on matter pertaining to the business.

4 0
3 years ago
Pls, the meaning of warranty ​
kenny6666 [7]

Answer:

A warranty is a written promise by a company that, if you find a fault in something they have sold you within a certain time, they will repair it or replace it free of charge.

6 0
2 years ago
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