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mart [117]
1 year ago
12

Evidence is usually more persuasive for balance sheet accounts when it is obtained:______.

Business
1 answer:
Sonja [21]1 year ago
8 0

Evidence is usually more persuasive for balance sheet accounts when it is obtained as close to the balance sheet date as possible.

<h3>What is a balance sheet?</h3>

An organization's assets, liabilities, and shareholder equity are displayed on a balance sheet, which is a financial statement. Balance sheets serve as the basis for determining investor return rates and evaluating a company's financial structure.

The balance sheet is a financial statement that provides a brief summary of a company's assets, liabilities, and shareholder investment. Balance sheets can be used in conjunction with other important financial data when doing basic analysis or generating financial ratios.

An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. The assets on the balance sheet are equal to the total of the liabilities plus the shareholders' equity. Financial ratios are computed using balance sheets by fundamental analysts.

To learn more about balance sheet, visit:

brainly.com/question/26323001

#SPJ4

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Bentley manages a building supply company. He wants to invite 20 of his most valuable building-contractor customers to a golf ou
Radda [10]

Bentley will likely use the firm's <u>CRM databases</u> to identify these customers.

<u>Explanation</u>:

CRM databases collect information about the customers. It can be used to identify the best customers. The database stores the annual sales report.

CRM is a customer relationship management that manages the interaction between company and customers.

CRM database holds all the data related to the customers like their name, email address, age, Skype address and occupation details.

In the above scenario, Bentley can use CRM database to filter twenty valuable building contractor customers and invite them for golf outing and party.

6 0
3 years ago
When an accelerated depreciation method is used to calculate depreciation expense: Multiple Choice the accumulated depreciation
erastovalidia [21]

Answer:

the net book value of the asset halfway through its useful life will be less than if straight-line depreciation is used.

Explanation:

Let me use an example to illustrate this.

An asset has a useful life of 4 years. It costs $1000. It has a salvage value of 0

If the straight line depreciation method is used , the depreciation expense every year = $1000/ 4 = $250

The net book value halfway through its useful life = $1000 - ($250 x 2) = $500

If double declining method is used, the depreciation expense in the first year would be = 2/4 x $1000 = $500

The net book value at the beginning of year 2 = $1000 - $500 = $500

Depreciation expense in year 2 = 2/4 x $500 = $250

The net book value at the beginning of year 3 = $500 - $250 = $250

We can see that the net book value halfway through the useful is lower when double declining depreciation method is used

4 0
3 years ago
CAPM and Valuation. You are considering acquiring a firm that you believe can generate expected cash flows of $10,000 a year for
UkoKoshka [18]

Answer:

The value of the firm or worth of the firm is $147058.82 rounded off to 2 decimal places

Explanation:

We first need to calculate the required rate of return for this firm that will be used as the discount rate in the valuation of the firm using the discounted cash flow methods.

Using the CAPM we can calculate the required rate of return as,

r = rRF + Beta * (rM - rRF)

Where,

  • rRF is the risk free rate
  • rM is the return on Market

So,

r = 0.04 + 0.4 * (0.11 - 0.04)

r = 0.068 or 6.8%

As the cash flows the firm can generate are expected to remain constant through out and they are generated after equal interval of time, this can be treated as a perpetuity.

The present value of a perpetuity is calculated as follows,

Present Value of perpetuity = Cash Flow / r

Present value of perpetuity = 10000 / 0.068

Present value of perpetuity = $147058.8235

So, the value of the firm or worth of the firm is $147058.82 rounded off to 2 decimal places

3 0
3 years ago
When it comes to saving money, what is a good rule of thumb
Mamont248 [21]
Buy what u need when u need it not what u want when u want my dad always said

7 0
3 years ago
Read 2 more answers
Which of the following has the largest impact on opportunity cost?
Mrrafil [7]
Consumer wants because the want of people are very greedy and needs to be decreased but it’s not so it’s at its largest
6 0
2 years ago
Read 2 more answers
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