Answer:
True
Explanation:
The reason is that the Internation Financial Reporting Framework says that though there are choices the company must opt to the depreciation method that brings fairness to the financial statement, which means that the method used calculates the depreciation for the year that actually represents the decrease in the value of the assets in market value. So if the current method brings the fairness to the Financial statements, Lucky can use them and if those don't bring fairness to the financial statements then its better to use alternative which will bring the fairness to financial statements.
Answer:
$693.16
Explanation:
Calculation to determine How much less than your brother will you have to deposit today
Using this formula
FV= Present value × (1 + interest rate)^number of years
Let plug in the formula
First step
$28,000 = Present value × (1 + 0.112)^13
PV= $28,000 ÷ 1.112^13
PV= $28,000 ÷ 3.97522975235
PV= $7,043.618
Second step
$28,000 = Present value × (1 + 0.104)^13
PV= $28,000 ÷ 1.104^13
PV= $28,000 ÷ 3.61907808993
PV= $7,736.777
Now let calculate how much less than your brother will you have to deposit today
Deposit today= $7,736.777-$7,043.618
Deposit today= $693.159
Deposit today=$693.16 (Approximately)
Therefore How much less than your brother will you have to deposit today will be $693.16
If the critical value is the only thing of interest, then this question is quite easy. Referencing a z table, you look up the percentage of interest: in this case, we must be 97.5% certain in order to accept the null hypothesis (significance level =2.5%. The number that corresponds to .9750 on the z table is 1.96. This is our critical value.
Answer:
$70,000
Explanation:
In this question, we are asked to calculate the amount credited to common stock warrants at issuance of the preferred stock.
A mathematical approach is needed to compute this.
Mathematically the amount credited to common stock warrants at issuance is calculated by multiplying the selling price of a warrant by the number of warrants.
The selling price of a warrant according to the question is $7. The number of shares issued is 10,000.
The amount credited to common stock warrants at issuance = $7 * 10,000 = $70,000
Answer:
The correct option is its aim is to review internal processes independently of the external industry environment
Explanation:
The first option is wrong because it only made mention of the internal strengths and weaknesses,there is no mention of external opportunities and threats
The second option is obviously wrong as SWOT has no direct link with classifying assets as tangible or intangible.
It is not conducted by regulatory agencies as it is not a regulatory requirement
Lastly ,internal processes refer to strengths and weakness while opportunities and threats emanate from the external industry environment
