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AlekseyPX
4 years ago
8

Which of the terms or phrases listed below is more associated with financial statements prepared in accordance with U.S. GAAP th

an with International Financial Reporting Standards (IFRS)? Multiple Choice Preference shares. Share premium. Accumulated other comprehensive income. Investment revaluation reserve.
Business
1 answer:
nekit [7.7K]4 years ago
4 0

Answer:

The answer is Accumulated other comprehensive income

Explanation:

The statement of  accumulated other comprehensive income is specific to U.S GAAP.It is known as statement of comprehensive under International Financial Reporting Standards.

The statement records losses and gains that are unrealized.For instance a company whose investment is in shares,would have to  record the investment at fair value, that is the market price at each year end, any gains or losses arising from such valuation,especially if the shares are held for long term, is posted to the accumulated other comprehensive income or statement of comprehensive income.

The reason is that the shares are still held within the business not yet disposed of,hence the gains or losses are not realized and should not be recognized in profit or loss.

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The basic formula for the price elasticity of demand coefficient is.
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Percentage change in quantity demanded/percentage change in price is the basic formula for the price elasticity of demand coefficient.

<h3 /><h3>What is price elasticity?</h3>

Price elasticity is the degree of an individual that person or a consumer can pay to the change in the price of the commodity, it is calculated the price a consumer is willing to pay versus the amount of quantity supplied to the person.

Thus, Percentage change in quantity demanded/percentage change in price

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4 0
2 years ago
Shane is looking for ways to get more capital for his appliance sales and service business. he is very protective of his company
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3 years ago
Holders of common stock receive certain benefits, such as a residual claim, which is the
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7 0
3 years ago
$60 one year ago. The stock is now worth $70. During the year, the stock paid a dividend of $2.25. What is the total return to G
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$60 one year ago. The stock is now worth $70. During the year, the stock paid a dividend of $2.25. The total return to George from owning the stock would be 20% (after rounding off the answer to the nearest whole percent).

  • Total return on share is the summation of dividend and price appreciation.
  • Since, the dividend = $2.25
  • Then, to ascertain price appreciation we need to subtract the dividend from the total return on the share.
  • Price appreciation = $70 - $60 = $10
  • Total return can be calculated hence.
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  • Therefore, the total return for George was $12.25.
  • To round off the answer to the nearest whole percentage:
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Therefore, the total return to George from owning the stock would be 20%.

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8 0
2 years ago
A problem with creating team incentive plans is that:
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Answer:

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