Answer:
NEUTRALITY, COMPLETENESS AND FREE FROM ERRORS.
Explanation: IASB( International accounting standards board) is board regulating the preparation of accounting Reports or statements. It released its first framework called CONCEPTUAL FRAMEWORK in the year 1989.
The qualities of a faithful conceptual framework by IASB is to guarantee NEUTRALITY, COMPLETENESS AND ENSURE THAT THE STATEMENT IS FREE FROM ERRORS.
This framework will help to prevent disputes and manage standards in preparation of account statements.
Answer:
B. $19,687 mil
Explanation:
The statutory tax rate is the percentage imposed by law; the effective tax rate is the percentage of income actually paid by an individual or a company after taking into account tax breaks (including loopholes, deductions, exemptions, credits, and preferential rates).
Now, in our question, statutory tax rate is 35%, but effective tax rate is 15%. This implies, with the help of tax breaks or loopholes, company managed to pay only 15% of its income as taxes.
This 15% of income = $2,953 mil
Hence, pretax income = 2,953/15% = $19,686.67 mil = $19,687 mil
We have that the student gains the same reward completing any one of the three programs; thus the program with the least cost is optimal. We have that the first program costs 38.600$. Nevertheless, we need to also account for the lost opportunity, which is 2000$ per month. Thus, instead of going to the program, the student could have saved 38.600$+6*2000$=50.600$. Now for the 12month program, we have similarly 35.000$+12*2000$=59.000$. Finally, for the 15month program, the calculation yields: 28.600$+15*2000$=58.600$. We see that the best program to attend is the 6-month one (lowest total opportunity cost); despite it being the most expensive one, after completing it the student can make up for it by grabbing the other opportunity and making 2000$ per month (in the other programs, the student cannot work for 6 or 9 months more than this program).
Using the value-to-book version of the residual income valuation approach, the value-to-book ratio is determined as <u>one plus the present value of future residual ROCE.</u>
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Residual income is the earnings an individual has left in spite of everything private debts and prices are paid in personal finance. Residual earnings are the extent used to assist determine the creditworthiness of an ability borrower.
Basically, it's for the amount of cash that is left over after making the important bills. Residual income is a crucial metric because it is one of the figures that banks and lenders observe earlier than approving loans.
In monetary surroundings, residual earnings are the money that someone has left over after their charges are included every month. Passive earnings, but, nevertheless has the identical definition in a financial environment that it does in online commercial enterprise surroundings.
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