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
horsena [70]
3 years ago
7

Which of the following statements is correct regarding fair value measurement?

Business
1 answer:
Rashid [163]3 years ago
6 0
Rhxhehxsjxhejdbejfbduf
You might be interested in
On November 10 of the current year, Flores Mills sold carpet to a customer for $8,000 with credit terms 2/10, n/30. How would Fl
Llana [10]

Answer:                                                                      

C.) Accounts receivable 7,840 Cash discounts 160 Sales 8,000

Explanation:

Assuming for now that credit customer will avail the cash discount, the following journal entry shall be made on November 10 by Flores mills in respect of credit sales made by it.

                                                                   Debit                 Credit

Accounts receivable                                  $7,840                          

Cash discount                                             $160

(8000*2%)

Sales                                                                                      $8,000                                                                        

Based on the above discussion, the answer shall C.) Accounts receivable 7,840 Cash discounts 160 Sales 8,000

6 0
3 years ago
Suppose the United States has two​ utilities, Commonweath Utilities and Consolidated Electric. Both produce 20 million tons of s
jok3333 [9.3K]

Answer:

The incomplete part of the question is "Using a cap-and-trade system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of $1 million per year. If the permits are not tradable, what will be the cost of eliminating half of the pollution? If permits cannot be traded, then the cost of the pollution reduction will be $1 million per year." The full question is attched as picture as well

1) Tradable permit system

Then lower MAC firm will abate the all pollution units

Then as MAC1 = $250, MAC2 = $275

Firm 1 = Consolidated electric

Firm 2 = Commonwealth utility

Then 1 will sell all permits to 2, at a price between $250 & $275.

So total cost of abatement of 20 units = MAC1 * 20

= $250 * 20  Unit

= $5,000

2) Non-tradable permits

Total cost = MC1*10 + MC2*10

= $2,500 + $2,750

= $5,250

7 0
3 years ago
Watauga Office Supply paid state unemployment taxes of $168.00. What is the entry to journalize the payment of the unemployment
alisha [4.7K]

Answer:

State unemployment tax payable A/c Dr $168

         To Cash A/c $168

(Being state unemployment taxes are paid for cash)

Explanation:

The journal entry to record the payment of the unemployment taxes is shown below:

State unemployment tax payable A/c Dr $168

         To Cash A/c $168

(Being state unemployment taxes are paid for cash)

For recording this transaction, we debited the State unemployment tax payable as it increase the liability and cash account should be credited as it reduce the current assets

7 0
3 years ago
1. Collecting Information to Compose Messages Before beginning to compose a successful business message, you need to collect nec
castortr0y [4]

Answer:Hello! i am figuring this question out for you! one moment

Explanation:

7 0
3 years ago
The largest proportion of federal revenues comes from
NemiM [27]
The largest proportion of federal revenues comes from C. Personal income taxes.
6 0
3 years ago
Other questions:
  • Which of the following is not a cost posed by inflation? Inflation reduces the affordability of goods and services to the averag
    5·1 answer
  • Gains from trade
    10·1 answer
  • When economists use the term ceteris paribus, they are indicating that
    15·1 answer
  • I really need help with this weustion :_:
    5·2 answers
  • The following data has been provided for a company’s most recent year of operations: Return on investment 20% Average operating
    13·1 answer
  • The fact that a proposed project is analyzed based on the project's incremental cash flows is the assumption behind which one of
    6·1 answer
  • The run-time stack:_______
    6·1 answer
  • Do you think workers of a company need to join in a trade union? Justify your answer
    10·1 answer
  • Layla is learning about the benefits of using search ad extensions and has come to know that they can help to increase user enga
    15·1 answer
  • What is the role of debt is the pecking order theory of capital structure? How does it differ under the stulz (1990) model?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!