Answer:
The correct option is A, an asset's value is inversely related to the rate of return investors require to purchase it
Explanation:
The asset value is the initial purchase price determined by discounting the future cash flows from the asset to present values using a the required rate of return.
Ultimately, the higher the required return, the lower the present value of the investment whose price is being determined and the lower the discount the rate of return used in discounting relevant cash flows to present values the higher the present values.
Answer:
No, they don´t.
Explanation:
Forecast is not required by GAAP, as the <u>Relevance</u> and the <u>Faithful</u> <u>Representation</u> are concepts that are not compatible with data projection. Forecast implies estimates, and subjective interpretations that do not fulfill financial statements aim and are difficult to verify.
Answer:
The journal entries are shown below:
Explanation:
The journal entries are shown below:
On July 15
Purchases (2,100 × $40) $84,000
To Accounts Payable $84,000
(Being the purchase is recorded)
On July 23
Account payable $84,000
To Purchase discount $2,520 ($84,000 × 3%)
To Cash $81,480
(Being the payment is recorded)
On August 15
Account payable $84,000
To cash $84,000
(Being the payment is recorded)
Answer:
Option C is correct because the primary objective of the SEC is to monitor the compliance with laws and ensures that the corrective actions are taken once the irregularities are found regarding the stocks, derivatives and the matters related to the sale and purchase of securities.
Answer:
worker needed to build highway is =
Explanation:
given data
highway length = L
time taken = T
no of worker = N
solution
we know that highway is varies directly with length and varies inversely with the number of worker
so we can say
T ∝
................1
T = k ×
here is constant
so worker needed to build highway is =