1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kkurt [141]
3 years ago
7

The concept of materiality:

Business
1 answer:
ryzh [129]3 years ago
6 0

Answer:

The correct answer is letter "C": Justifies ignoring the matching principle or the realization principle in certain circumstances.

Explanation:

The materiality accounting principle states that some of the Generally Accepted Accounting Principles can be omitted in the entry of an item while record-keeping a company's transactions only in the case the entry does not have any influence on the Financial Statements. Those principles could imply matching or realization principles.

You might be interested in
Toyota's just- in- time system is an example of using transfer pricing to avoid price controls. backward (upstream) integration.
wel

Answer:

quasi vertical integration

Explanation:

Quasi vertical integration is the vertical integration in which there is ownership by one firm i.e. downstream that closed to point where consumption ends or the upstream where the specialized tool and equipment are used

Also the firm that controls has a strong position but it is less as compared with the real vertical integration

Therefore according to the given situation, the second option is correct

4 0
3 years ago
Shamas famous restaurants expects to pay a common stock dividend of $1.50 per share next year (d1). dividends are expected to gr
Tpy6a [65]

The company's external equity comes from those funds raised from public issuance of shares or rights. The cost of external equity is the minimum rate of return which the shareholders supply new funds <span>by </span>purchasing<span> new shares to prevent the decline of the market value of the shares. To compute the cost of external equity, we should use this formula:</span> 

Ke<span> = (DIV 1 / Po) + g</span> 

Ke<span> = cost of external equity</span> 

DIV 1 = dividend to be paid next year 

Po = market price of share 

g = growth rate 

In the problem, the estimated dividend to be paid next year is $1.50. The market price is $18.50 and the growth rate is 4%. 

<span>Substituting the given to the formulas, we need to divide $1.50 by $18.50 giving us the result of 8.11% plus the growth rate; this would yield to the result of 12.11% cost of external equity.</span>

8 0
3 years ago
A company sells a product for $3. Direct materials are $1.80 per unit. The company prepares a flexible budget at two sales volum
strojnjashka [21]

Answer:

$150 for budgeted direct materials and $180 for budgeted direct materials.

Explanation:

You take direct materials of 1.80 x sales volume of 50 units= budgeted direct material $90

To find a sales volume of 60 units, you take $1.80 of direct material X sales volume of 60 units= budgeted direct material of 108.

3 0
2 years ago
In​ 2015, the Washington Nationals baseball team signed pitcher Max Scherzer to a contract to play for them for seven years. He
Salsk061 [2.6K]

Answer: D. The actual value of the contract is less than $30 million for each year he plays.

Explanation:

Given that Mark sherzer will be paid $15 million per year for 14 years reflects a contract whose value at the time of signing is ($15 million × 14) = $210 million. However, the payment would not be paid at the of signing but spread over a period of 14 years with $15 million being splashed out annually. However, considering the time value of money, whereby the present value of a fixed amount decreases with time. Hence in actual sense, the $210 million face worth of the contract will actually be less than $30 million [$210/7(playing years)] as time progresses on the fixed amount paid yearly due to reduction in the value of the present value as time progresses.

7 0
3 years ago
Which of the following would be most likely to increase your opportunity cost of attending college? a recession in the economy t
kipiarov [429]

Answer:

To start a job today that would permit you to earn about 50 percent more than you expected to make after graduation.

Explanation:

Opportunity cost is the cost of best next option foregone for choosing the current option. Here, the best opportunity foregone is of earning and starting the job today which will allow to earn 50 % more than what can be earned after completing the graduation, as already for graduation fees will be paid, along with further expenses. In that case if dropping graduation and starting a job was this beneficial then it would have been better.

Therefore the following has increased the opportunity cost of pursuing graduation.

to start a job today that would permit you to earn about 50 percent more than you expected to make after graduation

4 0
3 years ago
Other questions:
  • Prepare a​ product-by-value analysis for the following​ products, and given the position in its life​ cycle, identify the issues
    10·1 answer
  • Flare, an electronics company, created a low-cost, handheld washer that could run on solar-powered battery. The product was also
    11·1 answer
  • If the government quit subsidizing a product, consumer surplus would _____ and producer surplus would _____.
    6·1 answer
  • In skill-based pay systems, performance measures are primarily based on _____.A. supervisor's appraisalB. individual productivit
    11·1 answer
  • Sam is getting his bachelor's degree. During some of his course work, he honed his research skills and learned to
    13·2 answers
  • The belief that the money supply is the most important factor in macroeconomic performance is _____.
    5·1 answer
  • Which law is referred to as the credit cardholders Bill Of Rights ?
    6·2 answers
  • The CFO of the company believes that an appropriate annual interest rate on this investment is 4%. What is the present value of
    5·1 answer
  • 1. What is the author trying to say in comparing Becky's world with Desta's world?<br><br> Help me
    13·1 answer
  • Valuing cash flows with infinite growth in the dividend discount models (DDMs): a. cannot be calculated because growth to infini
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!