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3 years ago

Which statement is the converse of the given statment

1 answer:

4 0

Might seem controversial though :) but I am pretty sure that the correct variant that properly shows the converse of given statement is the third one. As you know, the converse (in plane language) has the same meaning of the statement just by replacing two points. This statement has positive tone (if you make - you ll have) so it's directly coincides with C(you have, cause you have made)

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Financial accounting is the process of identifying, measuring, and communicating financial information about an economic entity

Anna007 [38]

Answer:

The correct answer is "financial information; economic entity; user groups; legal, economic political and social environment"

Explanation:

The four major elements of financial accounting are:

1. financial information: includes items such as management discussion, analysis, and reports.

2. economic entity: An economic entity is company actions that are separate from its owners and other entities, such as corporations and governmental organizations.

3. user groups: request business information of an economic entity. Investors and financial analysts are user groups.

4. legal, economic political and social environment: influences the financial reporting process.

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3 years ago

Should Obama Care system be continued into the future ?? Yes or No and why ??

chubhunter [2.5K]

I believe so considering an average of 20 million US citizens depend on it. Hope this helps.

7 0

3 years ago

Read 2 more answers

Assume you are in the 35 percent tax bracket and purchase a municipal bond with a yield of 7.25 percent. Use the formula present

balu736 [363]

Answer:

before tax corportate bond equivalent: 11.15%

Explanation:

The municipal bond are tax-free making them more attractive than normal corporate bonds.

thus, the municipal bond rate should be compare with the after tax rate of a corporate bond:

before tax rate ( 1 - tax rate) = after tax rate

<u>For this case:</u>

the after tax rate is 7.25%

and the tax bracket is 35%

before taxes ( 1 - 0.35) = 0.0725

0.0725/.65 = 0,1115384 = <em>11.15%</em>

3 0

3 years ago

A property is projected to generate cash flows of $10,000, $12,000, $15,000, and $17,000 at the end of year 1, 2, 3, and 4, resp

aliina [53]

Answer:

Total present value= $100,401.36

Explanation:

Giving the following information:

A property is projected to generate cash flows of $10,000, $12,000, $15,000, and $17,000 at the end of year 1, 2, 3, and 4, respectively. The expected sale price for the property at the end of year 4 is $100,000.

We need to apply the following formula to each cash flow:

PV= FV/(1+i)^n

Cf1= 10,000/1.13= 8,849.56

Cf2= 12,000/1.13^2= 9,397.76

Cf3= 15,000/1.13^3= 10,395.75

Cf4= (17,000 + 100,000)/1.13^4= 71,758.29

Total= $100,401.36

3 0

3 years ago

Which of these is not a typical option for dealing with a risk?

Viefleur [7K]

Risk management is an on-going process, and is a combination of proactive management directed activities within a programme that are intended to accommodate the possibility of failures.

6 0

3 years ago