3 years ago

To exercise due care, an accountant should

Business

1 answer:

Snowcat [4.5K]3 years ago

4 0

The answer to this is C

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The value of an investment increases by 0.05 % each day. by what percent does it increase in a year?

iVinArrow [24]

18.25%

0.05% x 365 (days in a year)

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3 years ago

If deflation occurs and your income is fixed, your real income:

tankabanditka [31]

Your real income value will increase. The value of your money has now become higher, since deflation is a decrease in the overall money supply. Any income you do have, if it stays the same, will be able to buy more in products than it previously was able to.

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3 years ago

The level of liquid assets that should be invested in marketable securities depends on several factors. This includes all except

-BARSIC- [3]

Answer:

Explanation:

Based on the information provided within the question it can be said that the exception of the answers provided are seasonal cash requirements. This refers to the amount of cash you or the company needs to pay for unique expenses during a specific season. Which is not a factor when deciding what should be invested in marketable securities.

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3 years ago

Suppose society consists of four individuals: Andy, Bill, Carl, and David. Andy has $20,000 of income, Bill has $40,000 of incom

aliya0001 [1]

Answer:

Taking $1 from Carl and giving it to Andy would increase society's total utility.

Explanation:

Since Andy's income is less than other three people when a $1 taken from Carl would increase Andy's utility more than the loss in utility of Carl. Thats why total utility would increase.

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3 years ago

Suppose Ruston Company has the following results related to cash flows for 2018: Increase in Debt of $700,000 Dividends Paid of

AveGali [126]

Answer:

Cash flow generated from financing activities 400,000

Cash flow used in Investing activities 7,800,000

Explanation:

700,000 debt receive

-500,000 dividends paid

200,000 other adjustment on Financing

400,000 TOTAL CASH GENERATED

-8,300,000 purchase of PPE

500,000 other adjustment on Inventing

-7,800,000 TOTAL CASH USED

Notice: There is no hint about the adjustment being related as negative, so it should be assuem are positive cashflow.

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3 years ago