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Sophie [7]
3 years ago
14

Accounting Concepts Should we buy stock in a company? Should we extend a line of credit to a company? Should we continue with cu

rrent operations or change how we do business? These are the types of questions stakeholders ask themselves. Stakeholders require useful accounting information in order to make accurate financial decisions. In accordance with a generally accepted accounting principles (GAAP),a company's financial statement must contain accurate accounting information and is used in financial reporting How do you know whether accounting information is useful? Review each of the accounting concepts below that describe the qualitative characteristics of accounting information. Business entity Cost concept Going concern concept Matching concept concept Unit of measure Adequate disclosure Accounting period concept Objectivity concept In each of the following scenarios, which accounting concept is being violated? 1. A major explosion at your company's main production facility caused a two-month stoppage of operations during a busy time of year. It went unreported because the accountant said its dollar effect was too low 2. Because of recent technological breakthroughs in your company's main product, the selling price has increased and the accountants have increased the value of the company's inventory. 3. The accountants at your company have decided to state the financial statements in euros because the company does a lot of business in Italy. 4. Your company's monthly income statement shows the highest monthly revenue earned this year (in July) compared to the highest amount paid for each expense so far this year. 5. Your company recently filed for bankruptcy. 6. Building construction costs have skyrocketed in your area, making your company's building significantly more valuable, so the accounting records have been updated to reflect the estimated selling price for this asset 7. Most of your company's sales occur in the fall, so a summary income statement was issued for Spring-Summer of the current year. 8. A completely separate company from the one with which you are concerned may not make it through the year. This information was included in your company's financial statements concept concept
Chemistry
1 answer:
CaHeK987 [17]3 years ago
3 0

Answer:

1

Explanation:

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The half-life of radium-226 is 1590 years. if a sample contains 100 mg, how many mg will remain after 1000 years?
AlladinOne [14]

Answer:

64.52 mg.

Explanation:

The following data were obtained from the question:

Half life (t½) = 1590 years

Initial amount (N₀) = 100 mg

Time (t) = 1000 years.

Final amount (N) =.?

Next, we shall determine the rate constant (K).

This is illustrated below:

Half life (t½) = 1590 years

Rate/decay constant (K) =?

K = 0.693 / t½

K = 0.693/1590

K = 4.36×10¯⁴ / year.

Finally, we shall determine the amount that will remain after 1000 years as follow:

Half life (t½) = 1590 years

Initial amount (N₀) = 100 mg

Time (t) = 1000 years.

Rate constant = 4.36×10¯⁴ / year.

Final amount (N) =.?

Log (N₀/N) = kt/2.3

Log (100/N) = 4.36×10¯⁴ × 1000/2.3

Log (100/N) = 0.436/2.3

Log (100/N) = 0.1896

Take the antilog

100/N = antilog (0.1896)

100/N = 1.55

Cross multiply

N x 1.55 = 100

Divide both side by 1.55

N = 100/1.55

N = 64.52 mg

Therefore, the amount that remained after 1000 years is 64.52 mg

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How many atoms are in 8 grams of helium
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12 x 10^23 atoms, i hope this helps
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if 2.0 g of hydrogen sulfide, H2S(g) reacts with 5.0 g of sodium hydroxide what mass of the excess reactant is present when the
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Answer: iits 9.g

Explanation:

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Where can find the neutrons in an atom
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Answer:

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Explanation:

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All of the following animals are adapted to living in the temperate zone EXCEPT:
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It will be easier to answer if you show the choices.
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