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3 years ago

Which statement is correct?

Business

1 answer:

qaws [65]3 years ago

6 0

Answer:

a. Accumulated Depreciation is used to reveal the value of the related asset on the date of the balance sheet.

Explanation:

"Accumulated depreciation is the total amount an asset has been depreciated up until a single point. Each period, the depreciation expense recorded in that period is added to the beginning accumulated depreciation balance. An asset's carrying value on the balance sheet is the difference between its historical cost and accumulated depreciation. At the end of an asset's useful life, its carrying value on the balance sheet will match its salvage value."

Reference: Tuovila, Alicia. “Accumulated Depreciation Definition.” Investopedia, Investopedia, 18 Oct. 2019

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Suppose the earnings per share of a stock is $2 and the current price/earnings (p/e) ratio is 10. what is the current price of t

Brums [2.3K]

The current price of the stock = $20

<h3>What is stock?</h3>

The division of ownership of a corporation or company into shares is known as stock. Depending on the total number of shares, one share of stock represents a fractional ownership interest in the company.

<h3>What is mathematical operation?</h3>

An operation is a function in mathematics that converts zero or more input values, also known as operands, into a clearly defined output value. The operation's complexity is determined by the number of operands, sometimes referred to as arguments.

<h3>According to the given information:</h3>

The earnings per share of a stock is = $2

the current price/earnings (p/e) ratio is = 10

the current price of the stock = P/E

10 = P/2

P = 10*2

P = 20

The current price of the stock = $20

To know more about mathematical operation visit:

brainly.com/question/12809457

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3 0

2 years ago

The time to research a potential employer is

Lyrx [107]

sumo this is for you

6 0

4 years ago

How would you reconcile for a bank service fee listed on the statement?

konstantin123 [22]

To reconcile for a bank service fee listed on the bank statement, <u>C. enter it</u> into your external register in the same manner as a withdrawal.

<h3>What are bank service fees?</h3>

Bank service fees are charges imposed by financial institutions on their personal and business customers for account set-up, maintenance, and minor transactional services.

During bank reconciliation, the correct procedure is to record this transaction in the books as a reduction of the bank balance.

Thus, to reconcile for a bank service fee listed on the bank statement, take Option C.

Learn more about bank service charges at brainly.com/question/26494219

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3 0

2 years ago

Jane: "I'll pay you $50 if you will clean my windows."

Vikentia [17]

Answer:

B. There is no contract

Explanation: A contract is an agreement between two or more people to enter into a relationship which can be a business relationship or other types of Relationship.

FOR A CONTRACT TO BE BINDING IT MUST MEET CERTAIN CRITERIA WHICH INCLUDES

(1) CONSENT OF THE PARTIES INVOLVED.

(2) THE PARTIES INVOLVED MUST BE OF SOUND MIND ESPECIALLY AS AT THE TIME THE CONTRACT IS BEING SIGNED

(3) THE CONTRACT MUST BE LEGAL ETC.

Between Jane and Al there is no contract as Al does not agree with the proposal of Jane.

4 0

3 years ago

The CEO of Logiworks asked the human resource manager, April, to propose an approach to incentive pay. April proposes that the c

alexandr402 [8]

Answer: sharing data about costs and setting up time for employees to interact

Explanation:

From the question, we are informed that the CEO of Logiworks asked the human resource manager, April, to propose an approach to incentive pay and that April proposes that the company create a gainsharing plan.

Based on the above scenario, the action by the company that will best increase the likelihood that gainsharing will succeed is to share data about costs and setting up time for employees to interact.

4 0

3 years ago