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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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Assume both Atlantis and Zanadu produce helmets and baseballs. Using equal amounts of resources, Atlantis can produce 100 helmet
jeka57 [31]

Answer:

a) see attached image

b) Atlantis's opportunity cost of producing one helmet = 200 / 100 = 2 baseballs

c and d) Atlantis's opportunity cost of producing one baseball = 100 / 200 = 0.5 helmets

Zanadu's opportunity cost of producing one baseball = 100 / 400 = 0.25 helmets ⇒ Zanadu has a comparative and absolute advantage in the production of baseballs

e) yes, Atlantis would produce 100 helmets, and if it trades 50 to Zanadu, it will get 150 baseballs in return. So it will gain from trade. If Zanadu produces 400 baseballs and trades 150 of them for 50 helmets, it will also benefit.

Explanation:

3 0
2 years ago
Different tools and materials needed in <br> building beddings​
Anika [276]

Answer:

I didn't know

Explanation:

I am. so sorry

5 0
2 years ago
Good Foods has net income of $82,490, total equity of $518,700, and total assets of $1,089,500. The dividend payout ratio is .30
dexar [7]

Answer:

5.6%

Explanation:

Internal growth rate can be calculated as below:

Internal growth rate = (Return on asset x Retention Rate)/[1 - (Return on asset x Retention Rate)]

Retention rate  = 1 - Payout ratio = 1 - 30% = 70%

Return on asset = Net income/Asset = 82,490/1,089,500 = 7.6%

Putting all the number together, we have:

Sustainable growth rate = (7.6% x 70%)/[1 - (7.6% x 70%)] = 5.6%

8 0
3 years ago
Computer Consultants Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the pr
Korolek [52]

Answer:

e. 14.20%

Explanation:

We use the formula:

A=P(1+r/100)^n

where

A=future value

P=present value

r=rate of interest

n=time period.

Hence

A=$450(1.1)^2+$450(1.1)^1+$450

=$450[(1.1)^2+(1.1)+1]

=$1489.50

Hence

MIRR=[Future value of inflows/Present value of outflows]^(1/time period)-1

=[1489.5/1000]^(1/3)-1

=14.20%(Approx)

4 0
3 years ago
If a monopsonist offers a wage of $6, he finds that 1,200 people are willing to work for him. This means that the:
lbvjy [14]

If a monopsonist offers a wage of $6, he finds that 1,200 people are willing to work for him. This means that the: a marginal factor cost is $6.

<h3>Monopsonist</h3>

If a monopsonist offers a wage of $6, he finds that 1.200 people are willing to work for him. This means that the O a. total wage cost is $1,200. b. marginal factor cost is $6. O c. total wage cost is $7.200. o d. $6 wage is too high. o e marginal factor cost is $200.

Learn more about monopsonist here :

brainly.com/question/27750664

#SPJ4

7 0
2 years ago
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