Expensing the cost of copy paper when the paper is acquired is an example of .Cost constraint.
<h3>What is
Cost constraint?</h3>
A cost constraint in accounting occurs when it is excessively expensive to report specific information in the financial statements. The applicable accounting standards permit a reporting entity to forego the associated reporting where doing so would be prohibitively expensive. The purpose of enabling the cost constraint is to prevent firms from paying excessive expenditures to fulfill their financial reporting duties, especially when compared to the benefit received by readers of the financial statements.
Only certain requirements for financial reporting that are mentioned in the accounting standards are subject to the cost limitation. In all other instances, regardless of the underlying cost, financial information must be reported.
To learn more about Cost constraint from the given link:
brainly.com/question/21270823
#SPJ4
Answer:
d.a surplus of apples must have existed.
Explanation:
If the supply of apples increased while there is no change in the demand for Apples, there would be a surplus and price would fall.
If the supply of apples decreased while there is no change in the demand for Apples, there would be a shortage of apples and price would rise.
If the demand for apples recently increased while supply remains unchanged, there would be a shortage and the price of apples would rise.
I hope my answer helps you
A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. The profit margin and total asset turnover ratio are 13.3% each. 1.5.
There are two methods that can be used to calculate return on assets. The first method is to divide the company's net income by its average total assets. The second method is to multiply the company's net profit margin by sales.
Return on assets is calculated by dividing a company's after-tax earnings by total assets. The balance sheet total corresponds to the company's total equity and liabilities. This value can be found on the company's balance sheet.
Learn more about assets at
brainly.com/question/25746199
#SPJ4
The home loan must be repaid at a real interest rate of 3%; (8.5%-5.5%=3%).
<h3>Real interest rate </h3>
A real interest rate is adjusted to remove the effects of inflation and gives the real rate of a bond or loan. A nominal interest rate refers to the interest rate before taking inflation into account.
Learn more about real interest rate here:
brainly.com/question/13324776
#SPJ4
