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likoan [24]
3 years ago
15

The going concern assumption implies that: 1. a firm will continue to be in business for the foreseeable future. 2. a firm will

be going out of business in the near future. 3. a firm will continue to operate in the near future, but only after being acquired by another firm. 4. none of these.
Business
1 answer:
Charra [1.4K]3 years ago
7 0

Answer:

A firm will continue to be in business for the foreseeable future (A)

Explanation:

According to the accounting concept, a firm is a going concern if its financial statement (i.e Income Statement, Cash flow Statement and Statement of financial position ) and other relevant indicators show that it has the ability to continue in the business in the next 12 months (foreseeable future) and there is no intention to shut-down .

However, if there are indicators that show that the firm can't continue in the operation for the next 12 months, its financial statement should be prepared on break-up basis.

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ITS NOT B

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Progressive women reformers worked to: (a) reduce wages (b) limit the worday (c) overturn the nineteenth amendment (d) establish
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whole quiz

1. Limit the workday.

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3. prohibition.

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Consider the following information for three stocks, Stock A, Stock B, and Stock C. The returns on each of the three stocks are
hichkok12 [17]

Answer:

b. 5.0%

Explanation:

For this question, we use the Capital Asset Pricing model (CAPM) formula that is shown below:

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

where,

The Market rate of return - Risk-free rate of return) is also known as the market risk premium

So, for stock A, the market risk premium is

10% = 5% + 1.0 × market risk premium

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4 0
3 years ago
Why is it important to people with disabilities to get an adapted drivers license?
Harrizon [31]
<span>When people with disabilities get an adapted driver's license, they become better able to independently function and contribute to society. This feeling facilitates successful self-actualization. An adapted drivers license will also alert government officials, whenever necessary, of any special precautions necessary when aiding these drivers in tasks related to their disability, and in providing proper accommodations as such.</span>
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3 years ago
Dreyfus points a gun at Eton, threatening to shoot him if he does not steal from his employer, Freddy’s Gas &amp; Shop store, an
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Answer:

The answer is Duress.

Explanation:

Duress is a term in law used to justify a wrong action but excluding murder cases.

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