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castortr0y [4]
3 years ago
15

Generally accepted accounting principles require that the inventory of a company be reported at:

Business
1 answer:
Nookie1986 [14]3 years ago
3 0

Answer:

Historical Cost, Market or Fair Value.

Explanation:

Companies are required under GAAP to report their account based on acquisition cost instead of Market or Fair value. This principle is believed to present more reliable information as market value could harbour subjective or biased market values. However, it is also regarded as irrelevant, prompting most firms to report at market value. Under the GAAP, both principles are allowed.

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Suppose Congress passes legislation that offers subsidies to orange farmers. The impact on the market for orange juice will be a
Dmitrij [34]

Answer:

<u>the supply curve</u>

Explanation:

Remember the supply curve shows the relationship between the amount of a commodity that a producer (or orange farmer) is <em>willing </em>to offer and at a particular price at any given time.

Because of the subsidies to orange farmers we expect the price of orange to become lesser in the future. Therefore the rightward shift occurs in supply curve for oranges due to favorable changes such as the new legislation which may lead to:

  1. Reduction in tax,
  2. Reduction in cost of factor of production,
  3. Expectation of fall in price in future,

3 0
3 years ago
What are the four court locations for traffic infractions in san diego country?
DaniilM [7]
Orange County, LA, San Francisco, Anaheim
3 0
2 years ago
The pre-tax cost of debt for a firm: is based on the yield to maturity on the firm's outstanding bonds. is equal to the coupon r
Molodets [167]

Answer:im sorry i dont know

Explanation:

8 0
3 years ago
3. What are three purchasing activities in businesses?
zheka24 [161]
Mark me brainiest


Personal Purchases.
Mercantile Purchasing.
Industrial Purchasing.
Institutionalized or government purchasing.
3 0
3 years ago
When selecting a venture capitalist, which one of the following characteristics is probably the least important?
Olegator [25]

Answer:

C. Underwriting experience.

Explanation:

Underwriters are known as evaluators in cases especially like that of mortgage etc, accessing the amount of risk that will involved in taking certain amount of loans. Therefore generally speaking, underwriting is simply explained as method through which an institution takes on financial risk for a fee. Risk of these such are mostly explained to be typically having dealings with loans, insurance, or investments. Certain contingencies are seen to helps to maintain certain borrowing policies for loans, establishes appropriate premiums to adequately cover the true cost of insuring policyholders, and creates a market for securities by accurately pricing investment risk.

8 0
3 years ago
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