Answer:
standard of value
Explanation:
The standard of the value permits all types of merchants and the economic entities to set the fix price for the goods and services in order to stable the economy
So as per the given situation since it is mentioned that in the case when you do the comparision for HD television so you are using the money via standard of value
So the same is relevant
Answer: the actual call price minus the intrinsic value of the call.
Explanation:
The actual price of a call is calculated as the sum of the intrinsic value of the call and the time value of the call option in the manner:
Price of call = Intrinsic value of call + Time value of call
The Time value of the call is therefore:
Change subject of below formula:
Price of call = Intrinsic value of call + Time value of call
Time value of call = Price of call - Intrinsic value of call
Answer:
C. has the responsibility of notifying financial statement users through the auditor's report.
Explanation:
Auditor responsibility: The responsibility of the auditor is to give the true and fair opinion on the company's financial statements. The checking of an error or any fraud done by the company is checked by the auditor and the same is communicated to the users of the financial statement.
If all the things are fine than the auditor gives the unqualified opinion else it gives the qualified opinion.
Thus, all other statements are incorrect because it is against the rules and regulations, so if the statement is not fairly stated or the evidence is insufficient to reach any conclusion, the auditor has to notify the users of the financial statement through the auditor's report.
Answer:
C) Supplying euros and demanding dollars in the foreign exchange market.
Explanation:
Foreign exchange market can be defined as type of market in which the currency of one country is converted into that of another country.
For example, the conversion of dollars of the United States of America can be converted into naira (Nigeria) at the foreign exchange market.
Hence, French and German farmers wanting to buy equipment from an American manufacturer based in the U.S. will be supplying euros and demanding dollars in the foreign exchange market because the medium of exchange (legal tender) in France and Germany is the "Euros" while it is "Dollars" in the United States of America.
Answer:
depreciation expense is $235000
Explanation:
Given data
cost = $10,000,000
expenditures = $4,000,000
actual interest = $400,000
avoidable interest = $200,000
salvage value = $800,000
time = 40 year
to find out
depreciation expense
solution
we know that for 40 year
so depreciation expense in the 1st year is express as that given below
depreciation = cost + interest - salvage value / time
put here all value we get depreciation
depreciation = 10000000 + 200000 - 800000 / 40
depreciation = 9400000 / 40
depreciation = 235000
so depreciation expense is $235000
