Answer: Measurement and presentation of financial performance
Explanation: The two primary functions of financial accounting are measurement and presentation of financial performance.
The measurement function is performed by following accounting procedures and policies under US GAAP and IFRS.
Whereas, presentation function relates to preparation of financial statements like income statement and cash flow statement.
Answer:
The correct answer is a decrease in the interest rate
good luck ❤
Answer:
ke=16.29
Explanation:
Where:
We=weight of common equity in the capital structure
ke=cost of equity
Wd=Weight of debt in the capital structure
kd= Cost of debt i.e yield to maturity on the bonds
t= tax rate.
Since WACC is estimated to be 12.9%
![ke=\frac{0.129-[0.35*0.11(1-0.4)]}{0.65}](https://tex.z-dn.net/?f=ke%3D%5Cfrac%7B0.129-%5B0.35%2A0.11%281-0.4%29%5D%7D%7B0.65%7D)
=0.162923
The cultural influence that the given scenario shows is C. cultural baggage
<h3>What is Culture?</h3>
This refers to the way of life of a person and how he lives his life, the values that he holds dear and his relationship with others.
Hence, we can see that based on the given scenario, the fact that the Americans will brag about their achievements and the British may not because it is considered taboo is a good example of cultural baggage.
Read more about cultural baggages here:
brainly.com/question/11031965
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Answer:
$242,168.82
Explanation:
Inventory on December 31, 2021
Cost. Retail
Beginning inventory 300,000 291,000
Add: purchases 581,000 928,000
Add: freight in. 19,000
Add: net markups. 31,000
900,000 1,250,000
Less net markdown. 5,000
Goods available for 900,000 1,245,000
Cost to retail %
900,000/1,245,000
0.722891566
Less: net sales. 910,000
Estimated ending 335,000
Estimated ending inventory at cost
335,000 × 0.722891566
242,168.82
