Answer:
Part a
historical cost = this is when we carry assets and liabilities at cost less accumulated depreciation or amortization.
fair value = this is when we carry assets and liabilities at amount that they could be exchanged for at arms length between market participants
Part b
<u>Historical Cost </u>
Merits : Value are easy to obtain since they are generated internally
Demerits : Is not very accurate.
<u>Fair Value</u>
Merits : Accurate method as it reflects market situation
Demerit : Costly as data and information is obtained externally
Part c
Assets : Investment Property and Financial assets measured through Profit and Loss
Liabilities : Bonds
Part d
Income is shown more accurately and eliminates biases form estimates.
Explanation:
Historical Method carries assets and liabilities at cost less accumulated depreciation or amortization while Fair Value Model carries assets and liabilities at amount that they could be exchanged for at arms length between market participants
When a firm pursues a(n) localization strategy, it sells the same products or services in both domestic and foreign markets.
Multinationals choose from four basic international strategies: (1) international, (2) multinational, (3) global, and (4) transnational. These strategies differ between the two strains. 1) Focus on low cost and efficiency, and 2) Respond to local culture and needs.
A company can obtain its three main benefits by successfully deploying a foreign markets strategy: (1) increased market size, (2) economies of scale and learning, and (3) location advantages. I can. Greater market size is achieved by expanding beyond the company's home country.
Multinational Corporation chooses from their three basic international strategies: (1) multidomestic, (2) Global, and (3) Transnational. These strategies differ in their focus on achieving global efficiencies and addressing local needs.
Learn more about foreign markets at
brainly.com/question/20860719
#SPJ4
Answer:
$89.66
Explanation:
Data provided in the question:
Amount deposited by sister = $2,500
Interest earned by sister = 6.5% = 0.065
Time = 15 years
Now,
let the amount to be deposited be 'P'
Therefore,
using the compounding formula
$2,500 × (1 + 0.065)¹⁵ = P × (1 + 0.0625)¹⁵
or
$2,500 × 2.5718 = P × 2.48276
or
P = $2,589.66
Therefore,
Extra amount to be deposited = $2,589.66 - $2,500
= $89.66
Answer:
C
Explanation: I took the Unit Test and got it right!