Answer:
balance sheet
Explanation:
Businesses are required to prepare a balance sheet at the end of every financial year. The balance reports the net worth of a company. It lists all the assets and their values on one side and liabilities and equity on the side. The balance sheet follows the accounting equation to indicate the total assets on one side. It shows how the assets have been financed through liabilities and equity.
Answer:
The answer is a. $25.00
Explanation:
The bondholder's cash flow in one-year time from holding a TrunkLine's bond is calculated as:
(The possibility of TrunkLine doing well x Repayment receipt in case TrunkLine doing well) + (The possibility of TrunkLine doing poorly x Repayment receipt in case TrunkLine doing poorly) = (0.5 x 35) + (0.5 x 20) = $27.50.
The current price bondholders are willing to pay for a bond is equal to the present value of a bond's cash flow in one-year time, discounted at the interest rate on the bond 10% which is calculated as below:
27.50 / (1+10%)^1 = $25
Thus, the correct choice is a. $25.00
Answer:
Lost Inventory would be $2.000
Explanation:
Consider the following calculations and variables
- Inventory cost at beginning : $1000
- Purchase : $13,000
- Sales : $20000
- cost of Goods Available = $1000 + $13,000 = $14,000
- Gross Profit percentage is 40%. So Cost of Goods Sold = 100-40 = 60%
- Cost of Goods Sold = $20000 * 60% = $12000
- Ending Inventory = Cost of Goods Available - Cost of Goods Sold = $14000 - $12000 = $2000
Lost Inventory would be $2000
They would need to know about the intellectual property law because they could accidentally steal a design for a logo that got stuck in their head from a well established company, and get sued, therefore hurting the business.
to guarantee minimum standards e.g. of consumer protection, health and safety at work etc
to protect the weak against the strong e.g. small companies against larger companies or groups of companies that work together to fix prices
to provide benchmarks of good practice for business to set as minimum standards
to provide an appropriate framework for ethical business behaviour
to create standards where none exist.
Administrative law is a branch of public law that is concerned with the procedures, rules, and regulations of a number of governmental agencies. Administrative law specifically deals with the such administrative agencies’ decision-making capabilities, as they carry out laws passed by state and federal legislatures. An example of administrative law is the regulation and operation of the Social Security Administration, and the administration of benefits to the people. To explore this concept, consider the following administrative law definition.
Clients can owe businesses payment for services, and businesses have financial obligations they need to pay.