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Alenkasestr [34]
2 years ago
11

financial statements include assets listed ata.all of these choices are correct.b.their fair valuec.their historical costd.their

market value
Business
1 answer:
Novay_Z [31]2 years ago
3 0

Financial statements include assets listed at historical costs. Hence, the assets are recorded at their historical cost.

<h3>What do you mean by historical costs?</h3>

The price paid when an asset was purchased is known as the historical cost. On a company's balance sheet, the majority of long-term assets are recorded at their historical cost.

One of the fundamental accounting principles outlined by generally accepted accounting principles is historical cost (GAAP). The use of historical cost is consistent with conservative accounting because it avoids overstating an asset's value.

Hence, Financial statements include assets listed at historical costs. Hence, the assets are recorded at their historical cost.

Learn more about historical costs:

brainly.com/question/27622433

#SPJ4

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Amanda is depressed, and blames herself for her recent job loss. Her therapist suggests that her depression results from this se
MAVERICK [17]

Answer:

Social Cognitive Perspective.

Explanation:

This theory focuses on how we interact with our environment. Is the believing of the capability of oneself of successfully performing certain behaviors or reaching certain goals. Behavior is influenced by the interaction between our traits (including our thinking) and our social context.

Perspective stating that understanding personality involves considering the situation and thoughts before, during, and after an event.

The three main factors are:

- Thoughts : The interaction between the person and their behaviour is influenced by their thoughts and actions.

- Environment : The interaction between the person and environment involves beliefs and cognitive competences developed and modified by social influences.

- Behaviors: The interaction between the environment and their behaviour involves the person´s behaviour determining their enviroment, which in turn, affects their behaviour.

4 0
3 years ago
Easy Car Corp. is a grocery store located in the Southwest. It expects to pay an annual dividend of $6.30 next year to its share
emmainna [20.7K]

Answer:

Missing question <em>"1. What is the cost of debt for Easy Corp? 2. How many interest payments are left for the bond of Easy Corp? 3. What is the interest payment per period for the bond? 4. What is the discount rate per period to use in pricing the bonds? 5. What is the market value of equity for Easy? 6. What is the cost of equity for Easy?"</em>

<em />

1. Cost of debt is equal to YTM, which is equal to 10%

Cost of debt = YTM = 10%

2. Number of interest payment to be made is equal to 26 * 2 = 52

This is because payment is made semi annually

3. Interest payment per period = 8.9141% / 2 * $1,000

Interest payment per period = 4.45705% * $1,000

Interest payment per period = $44.57

4. As the period is semiannual, discount rate per period is equal to 10% / 2 = 5%

5. Market value of equity = 600,000*60 = $36,000,000

6. Cost of equity = Dividend price + Growth rate

Cost of equity = 6.3/60 + 0.05

Cost of equity = 0.105 + 0.05

Cost of equity = 0.155

Cost of equity = 15.5%

7 0
3 years ago
When she finishes entering her transactions, adrienne realizes that her balance is incorrect. assuming that adriennes beginning
vagabundo [1.1K]
I think it's "Adrienne did not enter her ATM withdrawal correctly". That's my best guess
5 0
3 years ago
Read 2 more answers
Matrice has been working as a creative head at Ace Designs for 10 years. Her growth at Ace has made her one of the industry's fi
olga_2 [115]

Answer: continuance commitment

Explanation:

The above scenario explains a continuance commitment. This occurs when a worker remains with a particular organization after he or she looks at both the benefits and costs of leaving and sees that the cost of leaving the organization outweighs the benefits.

In this case, even though Matrice has had several recruiters offering interviews for possible positions at different companies, he believes that he should stay as a result of the medical insurance benefits that he gets. This is thus referred to as continuance commitment.

5 0
3 years ago
Pacific Packaging's ROE last year was only 6%; but its management has developed a new operating plan that calls for a debt-to-ca
Firdavs [7]

Answer:

13.75%

Explanation:

Calculation for what will be the company's return on equity

First step

Asset Turnover Ratio= Net Sales / Total Assets ------(1)

Given Asset Turnover Ratio =2.7

=> 2.7 = 4,000,000/ Total Assets (from equation 1)

=>Total Assets = 1,481,481 ------(2)

Second step

ROE = Net Income / Equity

Net Income = (EBIT - Interest Charges) *(1-tax rate)

Net Income = (356,000 -168,000) *(1-35%)

Net Income = $122,200 --------(3)

Equity = Total Assets *(1-debt ratio)

Equity = 1,481,481*(1-0.4) = $888,889 --------(4)

From equation 3 and 4

ROE = Net Income / Equity

ROE= 122,200/888,889

ROE =0.1375*100

ROE=13.75%

Therefore ROE will be 13.75%

5 0
3 years ago
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