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4 years ago

______________separates financial information into time periods for reporting purposes. (select an option)

Business

1 answer:

geniusboy [140]4 years ago

3 0

Answer:

a. Periodicity assumption

Explanation:

There are various assumptions and principles out of which few are given below:

1. Periodicity assumption: According to this, the business activities are divided on the monthly, quarterly, half yearly, yearly financial statements

2. Monetary unit assumption: According to this, the business transactions should be expressed in term of monetary units.

3. Economic entity assumption: According to this, the business activities or record keeping should be separate from its owners, shareholders, etc.

4. Going concern assumption: According to this, the business should be run for the longer time or forever. It will keep the business in running and there is no intention to closed or liquidate it.

In the given situation, the most appropriate option is a.

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Hi guys, help me please.

Natali [406]

Explanation:

Hi guys, help me please.

Using a structured approach to decision making and the facts in the scenario above,

explain and evaluate the long term funding options available to the company to

finance their planned new division. (this is the quesion)

Scenario

PCP Ltd, established in 1990, manufactures optical instruments for markets in the UK

and the USA. Since 2007, their market in the USA has been in decline, due to an influx

of lower precision, cheaper supply from the Far East. Because of this, in 2009, PCP

decided to focus on supplying specialist optical products for use in Medical procedures

and research, opening a specialised manufacturing division based in Chicago. This

division has performed well, even though the costs of supporting management and

supply functions from the company HQ in the UK have been higher than was anticipated

in their original return calculations, which employed only NPV to establish the viability of

investment in the division. The company is now considering the development of a further

new division to research and develop new optical medical technology, following recent

market research data which indicated that the medical technology market is growing

across the developed world. PCP Ltd has not declared a cash dividend since 2017,

although a stock dividend was issued in 2020.

7 0

3 years ago

Savannah Corporation purchased 35,000 shares of common stock of the Boulet Corporation for $50 per share on January 2, 2017. Dur

Elena L [17]

Savannah Corporation should report revenue from investment for 2017 in the amount of $80,000.

<h3>Amount to be reported as revenue</h3>

First step

Percentage ownership=35,000/140,000 shares ×100

Percentage ownership=25%.

Second step

Using equity method

Revenue from investment=25%× $320,000

Revenue from investment=$80,000

Therefore Savannah Corporation should report revenue from investment for 2017 in the amount of $80,000.

Learn more about revenue here:brainly.com/question/24280609

#SPJ4

5 0

2 years ago

Woolplank is an apparel company that specializes in woolen clothes. It heavily invested in five sheep farms last year. This year

anyanavicka [17]

Answer:

options-based planning.

Explanation:

Options-based planning is a strategy that guards against failure. The business makes small Investments in several alternative plans. It considers what could go wrong in business operations and plans alternative measures to mitigate total failure.

Woolplanknis an apparel company, and to protect against failure they invested in 5 sheep farms. This year they are planning to nlbuy the most profitable sheep farm. They are using options based planning.

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3 years ago

If you have serious concerns about the qualifications of a job candidate who has asked you for a written recommendation, you sho

Ad libitum [116K]

Answer:

elect not to write the recommendation.

Explanation:

A job recommendation is a way of vouching for a person's behaviour, honesty, and qualifications to perform a job.

On important step before giving recommendations is to think carefully if you know and trust the person sufficiently to vouch for him.

If a recommendation is written about person and he fails to perform well, the person that wrote the recommendation will lose credibility and his career may be adversely affected.

In this instance since there are serious concerns about the qualifications of a job candidate who has asked you for a written recommendation, elect not to write the recommendation

3 0

3 years ago

The unemployment rate in the United States is usually ________ than the unemployment rates in most other high-income countries

bogdanovich [222]

Answer:

The answers are:

lower
more stringent

Explanation:

In order for an individual to be considered unemployed, the individual must be over 18 years old, be currently out of job, but actively seeking a new job.

The current unemployment rate in the US is 3.7% (as of August 2019) while the unemployment rate in the EU is 6.2%.

In order for an individual to collect unemployment benefits, usually he or she must meet the following requisites:

They must be out of work through no fault of their own.
They must meet minimum earnings or job tenure requirements.
They must be able, available, and actively seeking work.

4 0

3 years ago