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nikitadnepr [17]
1 year ago
11

Which component would allow a large company to record the purchase of a $120 printer as an expense rather than capitalizing the

printer as an asset?
Business
1 answer:
Mice21 [21]1 year ago
5 0

Materiality is the component which would allow a large company to record the purchase of a $120 printer as an expense.

What is materiality?

According to the accounting principle of materiality, any events that could reasonably be expected to have an influence on investors' decisions must be documented or disclosed in great detail in a company's financial statements prepared in accordance with GAAP (generally accepted accounting principles).

Therefore, the component materiality would allow a large company to record the purchase of a $120 printer as an expense rather than capitalizing the printer as an asset.

To know more about materiality, go to URL

brainly.com/question/10825814

#SPJ4

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The Monteleone Company pays large fees to a highly-recognizable, prestigious individual to be the spokesperson for the company’s
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Answer: (C) Differentiation strategy        

 

Explanation:

The differentiation strategy is one of the type of business strategical approach that helps in developing the various types of distinctive products and the services in the market.

The main objective of the differentiation strategy is to attract the consumers or customers by offering them some different and effective products in the competitive market.  

 According to the given question, the Monteleone company is basically paying the high fees for the purpose of promoting the luxuries and the products in the market.

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7 0
4 years ago
The following data is available for Oriole Company at December 31, 2020: Common stock, par $10 (authorized 29000 shares) $232000
adell [148]

Answer:

23,125 shares

Explanation:

The computation of the number of outstanding common stock shares is shown below:

= (Common stock ÷ Par value per share) - (Treasury stock ÷ cost per share)

where,

Common stock is $232,000

Par value per share is $10

Treasury stock is $975

And, the cost per share is $15

Now placing these values to the above formula

So, the number of common stock outstanding shares is

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= $23,200 - $65

= 23,135 shares

4 0
3 years ago
Precise Machinery is analyzing a proposed project. The company expects to sell 7,500 units, ±10 percent. The expected variable c
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Solution:

The operating cashflow (OCF), applies to the cash generated by the company from either the revenues it creates excluding long-capital or securities investments.

Operating cash flow is defined by the International Financial Accounting standards when cash produced from transactions, which is less tax and much less interest paid, income from investments and less dividend payments.

OCF {[(849 - $314) x 7,500] - $647,000} {1 - 0.21} + ($187,000 x 0.21)

= {4,012,500- $647,000}[0.79}+39,270

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3 years ago
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