1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lilit [14]
3 years ago
15

Which accounting course focus on the preparation of external financial statements by applying generally. Accepted accounting pri

nciples
Business
1 answer:
Marat540 [252]3 years ago
4 0

Answer:

The accounting course choice would depend on a country/legislation where financial statements are prepared.

General advise would be:

- US GAAP external financial reporting - CPA course

- IFRS external financial reporting - ACCA course

- Local financial statement reporting - local course (e.g. for Polish GAAP - "biegly rewident").

Explanation:

Please, see above.

You might be interested in
"there is no incentive for firms to enter or exit the industry in the long" run when
sertanlavr [38]
There is no incentive for firms to enter or exit the industry in the long run when there is a competitive equilibrium or perfect competition. Perfect competition is when the market price of an item is controlled by the buyers and the sellers. There are tons of people wanting to buy and selling similar products and the are all equally fighting for the same target market. 
8 0
3 years ago
The last line in a business letter is the _______.<br><br> Help please
Kaylis [27]

Answer:

Salutation

Explanation:

7 0
3 years ago
Money in your emergency fund could be wisely used:
Anni [7]
Hi, the answer is C, to pay for an unforeseen health expense. Money in your emergency fund could be wisely used to pay for an unforeseen health expense. :)
6 0
3 years ago
Several years ago the Haverford Company sold a $1,000 par value bond that now has 25 years to maturity and an 8.00% annual coupo
kodGreya [7K]

Answer:

5.4%

Explanation:

Several years ago the Haverford Company sold a $1,000 par value bond that now has 25 years to maturity and an 8.00% annual coupon that is paid quarterly. The bond currently sells for $900.90, and the company’s tax rate is 40%. What is the component cost of debt for use in the WACC calculation

Face value of bond = coupon amount / interest rate

1000 = 80 / 8%

Therefore 900.9 = 80 / revised interest rate

multiply both sides by the 'revised interest rate

revised interest rate x 900.9 = 80

Hence, revised interest rate = 80  / 900.9 = 9%

Secondly if the company’s tax rate is 40%, the component cost of debt for use in the WACC calculation = kd (1 - t)

where:

kd = Cost of debt

t = tax rate

Therefore cost of debt for use in the WACC calculation = 9% (1-0.4) = 5.4%

4 0
2 years ago
On January 1, 2021, Laramie Inc. acquired land for $6.2 million. Laramie paid $1.2 in cash and signed a 6% note requiring the co
stepladder [879]

Answer:

The amount Laramie should record the purchase of land is <u>$6.2 million</u>.

Explanation:

The costs of a fixed asset refer to the purchase price and other relevant costs which are incurred in order to the location and working condition required to operate the fixed asset in way that it is intended.

The other relevant costs that are added to the purchase price to arrive at the cost of the fixed assets include professional fees, non-refundable taxes or levies, and among others.

If any trade discount or rebate is given, this will be deducted from the purchase price to arrive at the cost.

Any interest required to be paid on the delayed payment in order to reflects the time value of money are not part of the cost of the asset but expensed in the year they are incurred.

From the question, the land acquired is a fixed asset. Based on the explanation above, the total cost of the asset is $6.2 million. The interest from the 6% interest rate on the remaining $5 million will be part of the cost of the land but it will be expensed in the year they are incurred.

Therefore, the amount Laramie should record the purchase of land is <u>$6.2 million</u>.

6 0
3 years ago
Other questions:
  • Suppose the equilibrium price of a physical examination ("physical") by a doctor is $200, and the government imposes a price cei
    6·2 answers
  • A monopolist makes self‑cleaning jackets. At a price of $100 each, it can sell 20 jackets. At a price of $98 each, it can sell 2
    9·2 answers
  • Describe how you are currently experience or have overcome academic or personal obstacles
    6·1 answer
  • Who handles investigations of federal crimes
    9·2 answers
  • When secondary market buyers and sellers of securities meet in one central location to conduct trades the market is called:
    14·1 answer
  • Which of the following is an other comprehensive income item found in the statement of stockholders equity? a. Extraordinary ite
    13·1 answer
  • ) If Denmark wished to keep its exchange rate with the euro fixed, what monetary policy options are available to lower unemploym
    8·1 answer
  • For purposes of computing depreciation on the taxpayer's home for the home office deduction, the depreciable basis of the home i
    10·2 answers
  • A policy is a specific action to be taken or not to be taken with respect to situation.
    7·2 answers
  • ack purchased 200 shares of Apple stock earlier this month at the price of $210 per share. Apple stock is trading at $218 today
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!