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xxTIMURxx [149]
3 years ago
7

An enhancing qualitative characteristic of accounting information that refers to the financial statement users' ability to utili

ze accounting information to differentiate between companies that are reporting similar events is__________
Business
1 answer:
Pani-rosa [81]3 years ago
6 0

Answer: Comparability

Explanation:

Comparability describes information that is measured and reported in a similar manner for different companies. It helps users understand the real similarities and differences in economic activities between companies.

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Zahara is concerned about taking on too much risk in her investment portfolio. She has some government bonds and some speculativ
harina [27]

One truth about Zahara's risk levels is that<u> D. The </u><u>speculative investments </u><u>are </u><u>high risk </u><u>but can </u><u>pay returns quickly.</u>

<h3>What are speculative investments?</h3>
  • Investments that are bought for their tendency to change prices often.
  • Are known to be risky.

By investing in speculative investments, Zahara is incurring risk but as a result, she stands to gain returns quickly if the investments should increase in price.

In conclusion, option D is correct.

Find out more on speculative investments at brainly.com/question/13827370.

3 0
2 years ago
High Country, Inc., produces and sells many recreational products. The company has just opened a new plant to produce a folding
ANTONII [103]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

1)

A) Absorption costing captures all product costs (direct labor, direct material, manufacturing overhead) to each unit of a product produced during the period. It includes variable and fixed cost.

Absorption cost= Direct material used + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead

B) Income statement:

Revenue/Sales (+)

Cost of Goods Sold (COGS) (-)

=Gross Profit

Marketing, Advertising, and Promotion Expenses (-)

General and Administrative (G&A) Expenses (-)

=EBITDA

Depreciation & Amortization Expense (-)

=Operating Income or EBIT

Interest (-)

Other Expenses (-)

=EBT (Pre-Tax Income)

Income Taxes (-)

=Net Income

2)

A) Variable costing= Direct material used + Direct labor + Variable manufacturing overhead + variable selling and administrative

B) Income statement

Sales

Cost of good sold (-)

Contribution margin

Fixed costs (-)

Depreciation expense (-)

Interest (-)

Net operating profit

Tax (-)

Net profit

5 0
3 years ago
Planet Company had the following historical accounting data per unit: Direct materials $70 Direct labor 40 Variable overhead 20
Tasya [4]

Answer:

$216

Explanation:

Calculation to determine What would be the transfer price if Division A uses full cost plus markup

Using this formula

Transfer price = Direct Material + Direct Labor + Variable Overhead + Fixed Overhead

Let plug in the formula

Transfer price = (70 + 40 + 20 + 30)+(70 + 40 + 20 + 30*35)

Transfer price = 160+(160*35%)

Transfer price = 160 + 56

Transfer price = 216

Therefore What would be the transfer price if Division A uses full cost plus markup is $216

3 0
3 years ago
According to research presented in class, Hill and colleagues demonstrated that during times of economic downturn women were mor
Artemon [7]

Answer:

A) Women wanted to make themselves feel better by buying nice things.

Explanation:

The idea of looking better made them feel better about the economic downturn. If everything else is going bad, at least they would have their looks intact which has a psychological impact on their confidence.

5 0
3 years ago
Suppose an employer can hire four low-skilled workers to move dirt with shovels at $5 an hour, or can hire one skilled worker at
AlexFokin [52]

Answer:

Hire the one skilled worker.

Explanation:

Oportunity cost is the cost of choice. Is defined as the value or profit of something that must be forgone to aquire something else.

If the oportunity cost increase, you will do less with your resouces.

If the oportunity cost decrease, you will do more with your resouces.

In this case, the oportunity cost decrease when the low-skilled workers minimum wage increases from $5 per hour to $6.50 per hour.

4 workers * $6.50 per hour = $26

1 skilled worker = $24 an hour

Is cheaper to hire one skilled worker.

5 0
3 years ago
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