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VMariaS [17]
3 years ago
7

Silence will operate as acceptance in the following circumstances except:

Business
1 answer:
schepotkina [342]3 years ago
3 0
Silence will operate as acceptance in the following circumstances except when the offeror indicates that silence will operate as acceptance
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A U.S. company has many foreign subsidiaries and wants to convert its consolidated financial statements from U.S. GAAP to IFRS.
tiny-mole [99]

Answer: the correct answer is measuring salaries expense

Explanation: US GAAP means Generally Accepted Accounting Principles.

The primary difference between the two systems is that GAAP is rules-based and IFRS is principles-based. GAAP does not allow for inventory reversals, while IFRS permits them under certain conditions. Another key difference is that GAAP requires financial statements to include a statement of comprehensive income.

5 0
3 years ago
Tom and George form T and G Corporation. Tom transfers machinery worth $100,000 with a basis to Tom of $40,000, while George tra
borishaifa [10]

Answer:

The answer is D.

George has a basis of $30,000 in the shares of T & G Corporation.

Explanation:

George has a basis of $30000 in the shares of T&G corporation

I.e (20000+10000) = 30000

5 0
3 years ago
Samsonite has declared a 90% stock dividend. At the time of the declaration, Samsonite's stock was selling for $250 per share. I
NeTakaya

Answer:

$131.58

Explanation:

The computation of the new stock price is shown below:

= Selling price of stock per share ÷ current number of shares

= $250 ÷ 1.90

= $131.58

Since the 90% dividend is declared. It means for each share 90% dividend is declared so after stock dividend, the number of shares would be

= 1 + 90%

= 1 + 0.9

= 1.9

We simply divide the selling price by the current number of shares

4 0
3 years ago
In the market for dog food, who is the customer and who is the consumer??
Contact [7]

Answer:

your the customer and ur pet is the consumer

Explanation:

8 0
3 years ago
The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the
faust18 [17]

Answer and Explanation:

The preparation is presented below:

1. For Direct labor budget

<u> Particulars           1st quarter  2nd quarter   3rd quarter  4th quarter Year </u>

Production Units   10400        9400                11400            12400       43600

direct labor time

per unit (hr)             0.25         0.25                   0.25               0.25         0.25

Total direct labor

hour needed           2600      2350                   2850               3100     10900

direct labor cost

per hour                   12              12                         12                    12          12

Total direct

labor cost              31200         28200               34200           37200 130800

2. For Manufacturing overhead budget

<u>Particulars           1st quarter       2nd quarter   3rd quarter   4th quarter Year</u>

Variable

manufacturing overhead 4420    3995              4845            5270         18530

Fixed manufacturing

overhead               84000            84000            84000        84000      336000

Total manufacturing

overhead            88420               87995              88845          89270 354530

Less: depreciation  -24000        -24000             -24000        -24000 -96000

cash disbursement

for manufacturing overhead 64420  63995  64845    65270    258530

8 0
3 years ago
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