Answer:
b. Individual business enterprises, rather than to industries or an economy as a whole or members of the society as consumers
Explanation:
Financial statements provide information pertaining to
A : an economy as a whole and members of society as consumers, rather than to individual enterprises or industries.
B. Individual business enterprises, rather than to industries or an economy as a whole or members of the society as consumers
C. Individual business enterprises, industries and an economy as a whole or members of the society as consumers
D. Business Industries rather than Individual business enterprises or an economy as a whole and members of society as consumers.
ANSWER
Financial statement by their definition are written reports that communicate the business activities that a firm engages in, and the financial performance of those activities and of the entire company.
From the above definition it is very understandable that financial statements are more pertained to business enterprises than industries or members of the society. It in no way pertains to the economy
Answer:
because he\she will see it right away
Explanation:
Answer:
$200,000
Explanation:
Suppose when the price of coffee beans goes from $1 to $1.20 per pound, production increases from 90 million pounds of coffee beans to 110 million pounds per year. Using the mid-point method, the percentage change in quantity supplied is $200,000.
The midpoint method is an advancement on the average method by one step.
Rather than calculate change by the difference in two numbers divided by the number before the change, you rather divide by the average of the two numbers i.e. x2 - x1 / [(x2+x1) / 2]
Change in Quantity = 110 - 90 / [(110+90)/2] = 0.2 million which is 200,000
<span>Potential investment of the Tackle shop = $750000
Depreciation Tax Shield = $35000
Tax Rate for 2016 = 20% => T = 0.2
So we have a equation for depreciation, which goes like
Depreciation Tax Shield = T(Depreciation )
=> 35000 = 0.2(Depreciation)
So the Depreciation = 35000/0.2 which gives $175,000
Depreciation = $175,000
So C is correct.</span>
Answer:
$36,400 U
Explanation:
Actual costs = $ 1,643,800
Actual inputs at standard price = $ 1,556,500
Price variance = ($ 1,556,500 – $1,643,800)
= $87,300 Unfavorable
Actual inputs at standard price = $ 1,408,450
Flexible budget (Standard Allowed for Good Output):
= $14.1 × 103,500
= $1,459,350
Efficiency variance = ($1,459,350 - $1,408,450)
= $50,900 Favorable
Direct materials cost variances:
= Price variance - Efficiency variance
=$87,300 U – $50,900 F
= $36,400 U