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AlekseyPX
3 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]3 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 cost for manufacturing a component used in intelligent interface converters was $23,000 the first year. The company expects
romanna [79]

Answer:

present worth = $7380

Explanation:

given data

initial cash flow = $23,000

geometric gradient = 2%

interest rate i = 10% per year

time period = 5 year

solution

we get here present worth  cost that is

present worth = initial cash flow  × \frac{1-(\frac{1+g}{1+i})^t}{1-g}    ......................1

put here value and we get

present worth =  $23,000  × \frac{1-(\frac{1+0.02}{1+0.10})^5}{1-0.02}    

present worth = $23,000  × 0.32087

present worth = $7380

3 0
3 years ago
What is a reason someone would want to include a savings in a budget?
katrin2010 [14]
Having a saving in the budget will one help obviously save more money for the household and it will build interest over the years.
7 0
3 years ago
A real estate company places ads on a local newspaper's website. The real estate company pays the newspaper based on how many ti
vlada-n [284]

Answer:

cost per click (CPC) or pay per click (PPC) pricing, the name depends on who provides the service, but the concept is the same.

Explanation:

Companies that use pay per click (PPC) advertising will pay each time a user clicks on their ads to see them. When you open a website there may be several (sometimes more than a dozen) of different advertisements, but the advertiser companies only pays when someone actually clicks on the ad. PPC is the most popular and common advertising in websites and search engines, e.g. Google Ads works this way.

7 0
3 years ago
Textbook publishers can charge high prices because students enrolled in a class must purchase the specific book that the profess
Rainbow [258]

Answer:

e. Buyers

Explanation:

As per Michael Porter's 5 forces to assess industry attractiveness, following are the five forces:

1. Buyer power

2. Supplier power

3. Threat of substitutes

4. Threat of new entrants

5. Competitive Rivalry

As per the given information, the students represent the buyer power with respect to their negotiation or bargaining power. This means the influence and control buyers exercise over price of products (textbooks) here.

In the given case, the supplier power appears more domineering since buyers, the students have no other option but to buy the updated textbooks beyond a period of time as those books have been suggested by the professor.

3 0
3 years ago
Designing a new backpack at an outdoor sports equipment company is an example of a:_________.A) Batch-level activity. B) Unit-le
Dmitry_Shevchenko [17]

Answer:

C) facility level activity

3 0
3 years ago
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