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2 years ago

The body of rules and procedures that guide the measurement and communication of financial accounting information is known as?

1 answer:

3 0

Generally Accepted Accounting Principles is the body of rules and procedures that guide the measurement and communication of financial accounting information.

Given that there is a body of rules and procedures that guide the measurement and communication of financial accounting information.

We are required to give the name of the body that guide the measurement and communication of financial accounting information.

The body that guide the measurement and communication of financial accounting information is Generally Accepted Accounting Principles.

Generally accepted accounting principles (GAAP) basically refer to a common set of accounting rules, standards, and procedures issued by the Financial Accounting Standards Board . Public companies in the U.S. have to follow GAAP when their accountants compile their financial statements.

Hence Generally Accepted Accounting Principles is the body of rules and procedures that guide the measurement and communication of financial accounting information.

Learn more GAAP at brainly.com/question/17895474

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Andre's Dog House had current assets of $67,200 and current liabilities of $71,100 last year. This year, the current assets are

e-lub [12.9K]

Answer:

$1400

Explanation:

Net working capital is obtained by subtracting total current liabilities from total current assets. Current assets and liabilities are expected to be used or paid within one year.

Change in net working capital would be the change in current assets - change in current liabilities.

last year current assets $67,200 : current liabilities $71,100

This year current assets $82,600 : current liabilities $85,100

change Net operating capital = {$82,600- 67,200} - {85,100 - 71,100}

=$15,400 -14,000= -$1400

Change in networking capital = $1400

8 0

3 years ago

That a company chooses a new product to introduce into the market is a ▼ capital budgeting capital structure working capital man

SashulF [63]

Answer:

Capital budgeting

Capital Structure

Working Capital Management

Explanation:

When a company wants to introduce any new product in the market it will do the cost benefit analysis and will involve the capital budgeting decisions.

When any kind of bonds are sold, shares are issued, debentures are sold, then that is about creating source of capital that is about, capital structure decision.

When the decision is made relating to any current assets or current liabilities, it is refer to working capital decisions as the working capital includes decision of current assets and current liabilities.

3 0

3 years ago

The growth of the global company has led to the growth of global fund raising as companies seek low-priced sources of funds thro

pishuonlain [190]

The correct options about the international obtaining of funds are:

Money markets
Capital markets

<h3 /><h3>Money Market</h3>

The money market is a good form to obtain money to capitalize a company, it functions when an enterprise negotiate debt instruments to short term, giving to the buyer low risk and high profitability, in this form, the company obtain for a shor term a large mount of money and can invest in technology, resources or others to improve and grow.

If you want to learn more about Financial Market, you can visit the following link: brainly.com/question/15960668?referrer=searchResults

4 0

2 years ago

The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders requi

Galina-37 [17]

Answer:

Return n investment = 11.67%

Explanation:

Return on Investment is the proportion investment that is earned as operating income.

For the division, the return on investment would be the proportion of te investment in assets that is earned as net income.

This would be determined as follows;

Return n investment = (Net income÷ Operating assets) × 100

Return n investment = (175,000 ÷ 1,500,000) × 100= 11.67%

Return n investment = 11.67%

3 0

3 years ago

Two ways in which best bank can adapt to the challenges of the macro environment

cupoosta [38]

Answer:

Mergers or Information Management

Explanation:

Mergers-In order to respond to certain challenges, businesses may choose to merge with another business. The new business will have a larger market share than either of the original businesses did.

Information management -All changes lead to new information that needs to be distributed to all the relevant parties.

Information must be managed efficiently and a system must be in place so that the relevant staff can easily access it.

Information must be protected and kept secure to protect the company's intellectual property.

7 0

2 years ago