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Alika [10]
2 years ago
14

Explain what the time period assumption means.

Business
1 answer:
Vsevolod [243]2 years ago
7 0

Time period assumption means that a corporation bases its financial reporting on the periods it chooses. It is an accounting method that allows businesses to present their earnings and balance sheets more positively than if they used one of the other methods.

The assumption time period principle is an accounting theory that states that a company's financial statements should be appropriate for a specified time period. the time period covered by the financial statement An income statement or a statement of cash flows. The balance sheet, on the other hand, is dated as of a certain date rather than a range of dates.

To learn more about assumption, click here.

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Assume that a $1,000,000 par value, semiannual coupon US Treasury note with four years to maturity has a coupon rate of 3%. The
xenn [34]

Answer:

$746,617.36

Explanation:

Using a financial calculator, input the following to calculate the price of the US Treasury note. I'm using Texas Instruments BA II Plus model;

Face value of the bond ; FV = 1,000,000

Semiannual coupon payment; PMT = Coupon rate * Face value ;

PMT= (3%/2) *1,000,000 = 15,000

Time to maturity of the note  ; N = 4*2 = 8

Semiannual interest rate;  I/Y = 11% /2 = 5.5%

then compute the Present value of bond or price; CPT PV = $746,617.36

8 0
4 years ago
Which of the following statements is correct with respect to a limited partnership?
Viefleur [7K]

Answer: option D

Explanation: A Limited liability partnership is an ownership style which exhibits characteristics of both partnership and corporations. This was implemented for the benefit of business entities and for the ease of owners.

a. In a limited liability a limited partner will never be personally liable for the debts.

b. A general partner can be a limited partner  as long as there are two legal partners.

c. A general partner cannot be a secured creditor as he will always have unlimited liability.

d. A Limited liability partnership is the form of partnership in which some or all of the partners have limited liability.

5 0
3 years ago
_____ makes it illegal to refuse to rent to a person who is disabled.
const2013 [10]
The appropriate response is the Civil Rights Act of 1968. It is a milestone part of enactment in the United States that accommodated break even with lodging openings paying little mind to race, religion, or national starting point and made it a government wrongdoing to "by constrain or by danger of compel, harm, scare, or meddle with anybody by reason of their race, shading, religion, or country.
4 0
3 years ago
Read 2 more answers
If the price of one of the products associated with indifference curves increases, all else the same, what is the result?
Rudik [331]

Answer:

The individual is able to get to a lower level of utility

Explanation:

5 0
3 years ago
Read 2 more answers
A broker-dealer offers 4 summer passes to an amusement park to each of its agents who sell at least $10,000 of bonds during the
inn [45]

Answer:

I (allowed) and IV (not considered soft dollar compensation)

Explanation:

Soft dollar compensation refers to payments made to brokerage firms or agents as commission revenue. They differ from hard dollar compensation because hard dollars are payments that were agreed upon before an investor started working with the broker, while soft dollars are based upon variable commissions.

4 0
4 years ago
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