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Elza [17]
3 years ago
6

What is the preferable presentation of accounts receivable from officers, employees, or affiliated companies on a balance sheet?

As trade notes and accounts receivable if they otherwise qualify as current assets. As assets but separately from other receivables. As offsets to capital. By means of footnotes only.
Business
1 answer:
kiruha [24]3 years ago
5 0

Answer:

As assets but separately from other receivables.

Explanation:

When a company lends money to its employees, managers or affiliated companies, or sells goods or services to them, it must report those accounts or notes receivables in a separate account than normal transactions carried out with external customers. This happens because the transactions must be verifiable to check if they were legal and followed the proper procedures, and at what price or interest rate were they carried out. E.g. a corporation that lens $10 million to its CEO at 1% interest rate is not doing things properly and that transaction should be reversed and proper interest rates must be charged.  

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When the year-to-year changes in comparative balance sheet accounts do not coincide with the changes implied from amounts report
hodyreva [135]

Answer: Operating activties section of the cash flow statement.

Explanation:

A comparative balance sheet refers to the statement which shows an organization's financial position over different periods through which comparism is made.

It should be noted that the current liabilities and the adjustment for the changes in current assets are included in the operating activities secction of the cash flow statement.

As a result of the fact that the changes in assets don't tally with cash flows, the section with regards to the operating activities of the statement of cash flows

can help in this scenario.

3 0
3 years ago
ABC Company's preferred stock pays a constant dividend of $2 per share in perpetuity (Zero Growth). If the required return is 8%
mezya [45]

Answer:

Price per share of preference share = $25

Explanation:

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Provided here is, dividend for preference shares = $2

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Expected growth = 0%

Thus, cost or price per share of preference stock = Dividend/Expected Return = $2/8% = $25 each share.

6 0
3 years ago
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Brums [2.3K]

Answer:

A. no

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If there is no tax rate per CDminusRom, to import it will cost less. It is easier when there is no tax rate attached. Therefore, The United States will import 3 million CDminusRom drives if​ ____NO____ tax per CDminusRom drive is levied on imported CDminusRom drives. Hence, the answer is A

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Scorpion4ik [409]
<span>895 * 0.75 * 1.08 = 724.95$

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75.05$</span>
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