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Deffense [45]
3 years ago
9

Which of the following statements is correct regarding expenses.

Business
1 answer:
Marina CMI [18]3 years ago
6 0

Answer:

b. Expenses are increased on the left side of their T-account because they decrease equity.

Explanation:

Expenses arise during operation. The conceptual framework defines expenses as decrease in economic benefits as a result of increase in liabilities and decreases in assets. The result being a decrease in equity attributable to shareholders. Examples of expenses include depreciation, interest, utilities and wages expenses.

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Which of these is representative of quantitative data?
sertanlavr [38]

Quantitative data is defined by one thing: numbers. It differs from qualitative data in that the latter is usually in the form of words or sentences.

Thus, from the given options, the choice that is representative of quantitative data would be (A) Joni buys coffee three times a week at the local donuts shop.

5 0
3 years ago
Read 2 more answers
ABC Corp. is expected to pay an annual dividend in the amount of $2.50 a share next year. This dividend constantly grows by 5 pe
ryzh [129]

Answer:

9.94%

Explanation:

The cost of equity can be determined from the constant dividend growth model

according to the constant dividend growth model

price = d1 / (r - g)

d1 = next dividend to be paid

r = cost of equity

g = growth rate

50.60 = 2.5 / (r - 0.05)

50.60(r - 0.05) = 2.5

(r - 0.05) = 2.5 / 50.60

(r - 0.05) = 0.0494

r =  0.0494 + 0.05

r = 0.0994

r = 9.94%

5 0
3 years ago
Amanda, a single parent, is looking for a new job. Considering that she has two school-aged children, she is particularly keen o
Sloan [31]

Decision Criteria are defined as prerequisites, guiding concepts, and standards applied by companies for selecting their candidates who is the best fit for their company.

<h3><u>What are decision criteria?</u></h3>

Principles, requirements, or standards are referred to as decision criteria. This may include particular requirements and rating schemes like a decision matrix. As an alternative, a decision criterion could be a flexible guideline.

<h3><u>What are the types of decision criteria?</u></h3>

Generally speaking, there are three basic sorts of decision criteria:

  1. Technological - Does your solution fit the criteria in terms of its technical viability for the given requirements?
  2. Economic - Concerns relating to the financial, risk, and efficiency viability of your solution.
  3. Relationship: To what extent do the goals and ideals of the two organizations coincide?

You can learn more about decision criteria using the following link:

brainly.com/question/14703648

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7 0
2 years ago
Which of the following variances cannot occur together during the same accounting period? Multiple Choice Unfavorable labor rate
jeka94

Answer: None of the other answers are correct, because all of these variance combinations are possible.

Explanation:

All of the above combinations are possible.

A company can have an Unfavorable labor rate variance and a favorable labor efficiency variance meaning that the actual labor rate was more than the budget rate but the budgeted labor Efficiency rate was more than the actual rate.

A company can also have an Unfavorable labor efficiency variance and a favorable material quantity variance meaning that even though labor Efficiency was not satisfactory, less materials were still used than were budgeted for.

There is also a possibility of a Favorable labor rate variance and unfavorable total labor variance and a Favorable labor efficiency variance and favorable material quantity variance can also happen together when actual direct labour and material quantity variance are both less than the budgeted amount.

4 0
3 years ago
about how much is present value of a dollar that be paid to you in three years if the interest rate is 5 percenr
matrenka [14]

The present value of a dollar would be calculated as -

1 dollar X Present value factor of $ 1 @ 5 % for three years.

Present value factor of $ 1 @ 5 % for three years = 0.8638

Present value of $ 1 after 3 years = $ 1 X 0.8638 = $ 0.8638

5 0
3 years ago
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