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3 years ago

The organization that is primarily responsible for developing GAAP for use by all U.S. companies is the:

Business

1 answer:

victus00 [196]3 years ago

4 0

Answer:

C. FASB

Explanation:

The FASB refers to the Financial Accounting Standards Board that is an independent non profit organization who is responsible for developing accounting and finance related standards for reporting with respect to companies and non profit organization in the United states that followed GAAP

So as per the given situation, the option C is correct

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profit maximization pricing objective a. is a status quo oriented pricing objective. b. is a sales-oriented pricing objective. c

nika2105 [10]

Answer:

e. does not always lead to high prices.

Explanation:

Profit-maximization pricing means fixing prices so that total revenue is more as compared to total costs. This pricing strategy is used by a monopolist.

It is the short run or long run process by which the price and output level is determined by the firm that can give the maximum profit.

The price per item has been set higher than its total cost of production make to sure that the company makes a profit on each sale. As a result, the company makes a profit on every sale and to reduce risk and uncertainty factors in business operations.

Profit maximization pricing objective does not always lead to high prices.

5 0

3 years ago

Answer this question plz n thank you. (posted the 1st n 2nd question. gonna post 2 other ones.)

prohojiy [21]

Answer:

Confidece, and empathy.

Explanation:

Confidence to know you will do great at your job, and empathy to know how others feel about themselves!

Hope this helps! Brainliest plz!

7 0

2 years ago

First National Bank charges 13.1 percent compounded monthly on its business loans. First United Bank charges 13.4 percent compou

FinnZ [79.3K]

Answer:

EAR for First national Bank = 13.92 %

EAR for First United Bank = 13.85 %

Explanation:

given data

First National Bank charges = 13.1 percent

compounded monthly , 1 year = 12 month

First United Bank charges = 13.4 percent

compounded semiannually , 1 year = 2 semiannually

solution

we get here first EAR for First national Bank that is express as

EAR for First national Bank = $(1+ \frac{r}{n} )^n - 1$ .....................1

here r is rate and n is month

so put here value

EAR for First national Bank = $(1+ \frac{0.131}{12} )^{12} - 1$

EAR for First national Bank = 13.92 %

and

EAR for First United Bank is

EAR for First United Bank = $(1+ \frac{r}{n} )^n - 1$ ..................2

here r is rate and n is semi annually

EAR for First United Bank = $(1+ \frac{0.134}{2} )^2 - 1$

EAR for First United Bank = 13.85 %

here First United bank EAR is less

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3 years ago

Account balances at the beginning of the year were: accounts receivable, $150,000; and inventory, $260,000. All sales were on ac

den301095 [7]

Answer: That class ain't for you vro.

Explanation:

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3 years ago

What is Kevin’s net worth on May 31, 2013? $4,050 $9,260 $13,200 $22,460

Alchen [17]

$4,050, i got that by adding up each size than subtracting the totals

4 0

3 years ago

Read 2 more answers