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2 years ago

Tracing a test count to the inventory compilations provides evidence for which asb balance assertion?

1 answer:

8 0

The additional expenses required in order to avoid keeping currency during periods of inflation are known as shoe leather costs.

<h3>What do you know about holding cash?</h3>

The reasons for keeping cash are pretty straightforward. Cash inflows and outflows may balance each other out, or the outflows occasionally exceed the inflows. Hence, to cover up these eventualities, organizations hold cash to meet certain unpredictable situations.

The term "transaction motive" refers to the need for cash that a business has for ongoing operations. In general, the business needs cash to pay employees' salaries, rent, pay for labor, acquire items, and other expenses. On the receiving side, the business receives money from customers, debtors, and other sources. The inflows and outflows do not always coincide. As a result, the company keeps some cash on hand to fill this shortfall.

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You are offered $150 in exactly one year. Each year thereafter forever, you (or your estate) will receive an amount 2% higher th

bonufazy [111]

Answer:

Since , $10,000 is greater than the present value of $150 with 2% higher value each year (i.e $7500)

Hence,

the correct answer is option c) $10,000 today

Explanation:

Given:

Amount offered in exactly 1 year = $150

Growth rate, g = 2% = 0.02

Interest rate, r = 4%

Now,

The present value of $150 = $\frac{\textup{Amount Provided}}{(r-g)}$

on substituting the respective values, we get

The present value of $150 = $\frac{\$150}{(0.04-0.02)}$

The present value of $150 = $7,500

Now,

The other offer provides an amount of $10,000 cash today

Since , $10,000 is greater than the present value of $150 with 2% higher value each year (i.e $7500)

Hence,

the correct answer is option c) $10,000 today

3 0

4 years ago

In a given amount of time John can produce either 40 pounds of vegetables or 10 pounds of chicken. In the same amount of time Ge

nordsb [41]

Answer:

1. 3 pounds of Vegetable

2. 5 Pounds of Vegetable

Explanation:

The question requires the calculation of Opportunity costs. This is the benefit foregone or benefit that can be derived from a next best option based on an individual's current choice.

The question is to calculate the Opportunity cost for John and George espcially as regards the production of two items. The first is Chicken and the second is Vegetables. It can also be provided in a given amount of time.

We can expect one pound of chcken to trade for at least........ pounds of vegetable but not more than ............. of vegetable

One pound of chicken has the opportunity cost of ......

Step 1: How many pounds of vegetable can John produce compared to pounds of chicken?

John can produce 40 pounds of Vegetable for 10 pounds of Chicken

Therefore, 1 pound of chickedn = 40 Pounds of Vegetable/ 10 pounds of Chicken

It means 1 pound of Chicken has the opportunity cost of 4 Pounds of Vegetable for John

Step 1: How many pounds of vegetable can George produce compared to pounds of chicken?

George can produce 25 pounds of Vegetable for 5 pounds of Chicken

Therefore, 1 pound of chicked = 25Pounds of Vegetable/ 5 pounds of Chicken

It means 1 pound of Chicken has the opportunity cost of 5 Pounds of Vegetable for George

4 0

3 years ago

When thinking about implementation issues as discussed here, we can draw a parallel to the example from the text about Walmart e

Firdavs [7]

Try E or D I am not sure

4 0

3 years ago

Under what circumstances would a privately held company be obligated to make sec filings?

Ghella [55]

Public debt securities have been registered by the business is the circumstances would a privately held company be obligated to make sec filings.

<h3>What is public debt securities?</h3>

The owners of financial instruments referred to as debt securities are entitled to recurrent interest payments. In contrast to equity securities, debt securities demand repayment of the principal borrowed.

The interest rate on a debt security will be influenced by the borrower's perceived creditworthiness. Although there are many different types of debt securities, corporate and governmental bonds are among the most common.

Thus, Public debt securities have been registered by the business.

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7 0

2 years ago

A portfolio is composed of two stocks, A and B. Stock A has a standard deviation of return of 35%, while stock B has a standard

Licemer1 [7]

Answer: the options are listed below.

A. 18.45%

B. 17.67%

C. 23%

D. 19.76%

The correct option is D. 19.76%.

Explanation:

σ2p = (0.402)(0.352) + (0.602)(0.15)2 + (2)(0.4)(0.6)(0.35)(0.15)(0.45)

σ2p = 0.039046

σp = 19.76%

5 0

4 years ago