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3 years ago

11

Which accounting principle dictates whether the cost of a repair should be expensed?

1 answer:

vodomira [7]3 years ago

8 0

Which accounting principle dictates whether the cost of a repair should be expensed?

d. matching

As per matching concept, All revenues have to be recorded along with expenses incurred to earn those revenues. Thus, revenues need to be accounted.

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Which of the following statements is true? Question 8 options: Always shake hands in an interview as it is the polite thing to d

SVETLANKA909090 [29]

I think the answer would be A. It definitely would not be B or C and D seems kind of rude so I think that A. would be the most courteous and kind. Hope this is helpful for you! :)

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3 years ago

Read 2 more answers

Primary market explain how the treasury uses the primary market to obtain adequate funding

Contact [7]

<span>Each week, the Treasury holds an auction to issue T-Bills. When the auction opens, investors are able to place bids on the bills. The Treasury is then able to select the highest bids in order to obtain adequate funding.</span>

6 0

3 years ago

Determine the missing amounts.Unit SellingPriceUnit VariableCostsUnit ContributionMarginContribution MarginRatio1. $650 $390 $en

tatiyna

Answer:

I tried to order the information and prepared the following table:

Product A Product B Product C

Unit Selling Price = $650 $200 <u>e)$2,300</u>

Unit Variable Costs = $390 <u>c)$108</u> <u>f)$1,495</u>

Unit Contribution Margin = <u>a)$260</u> $92 $805

Contribution Margin Ratio = <u>b)40%</u> d)<u>46%</u> 35%

contribution margin ratio = (revenue - cogs) / revenue or

contribution margin ratio = contribution margin / revenue

8 0

3 years ago

Admission prices to Dollywood are $50 for a one-day ticket, $80 for a two-day ticket, and $100 for an annual pass. Based on thes

Neporo4naja [7]

Answer: b. $30; $20; $0

Explanation:

<em>Admission prices to Dollywood are $50 for a one-day ticket, $80 for a two-day ticket, and $100 for an annual pass. Based on these prices, the marginal cost of visiting Dollywood the second day is </em><em><u>$30</u></em><em>, the third day is </em><em><u>$20</u></em><em>, and the fourth day is </em><em><u>$0.</u></em>

The marginal cost is the extra cost per day of going to Dollywood.

Second day

Marginal cost = Second day price - First day

= 80 - 50

= $30

Third day

Marginal cost = Third day price - Second day

= 100 - 80

= $20

Fourth Day

Marginal cost = Fourth day price - third day

= 100 - 100

= $0

3 0

3 years ago

After a major earthquake, the San Francisco Opera Company is offering zero coupon bonds to fund the needed structural repairs to

tekilochka [14]

Answer:

Buster Norton and the Bonds of San Francisco Opera Company

If Mr. Norton purchases three of these bonds today, in 10 years from today at maturity, he will receive:

= $6,000.

Explanation:

a) Data and Calculations:

Face value of each zero coupon bond purchased = $2,000

Number of bonds purchased by Norton = 3

Value of bond investments at maturity = $6,000 ($2,000 * 3)

Maturity period of the San Francisco Opera Company bonds = 10 years

Annual Yield to Maturity of similar bonds in the market = 12%

From an online financial calculator:

Present value of bonds = $1,932 (with each as $644 ($1,932/3))

N (# of periods) 10

I/Y (Interest per year) 12

PMT (Periodic Payment) 0

FV (Future Value) -6000

Results

PV = $1,931.84

Total Interest $4,068.16

3 0

3 years ago