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sertanlavr [38]
3 years ago
8

he primary objective of financial accounting information is to provide useful information to the following: a. Regulators b. Man

agement c. Academicians d. Capital providers
Business
1 answer:
Ivenika [448]3 years ago
8 0

Answer:

The answer is: D

Explanation:

Financial reports are prepared to provide useful information  to the business' capital providers, that is, the investors and creditors. These two groups of stakeholders are responsible for providing financial resources which enable companies to start, continue or expand their operations. These reports, which contain accounting information, are generated by management and evaluated against reporting standards to meet the regulatory requirements set by regulators.

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The Digby's balance sheet has $118,139,000 in equity. Further, the company is expecting $3,000,000 in net income next year. Assu
ch4aika [34]

Answer:

Book Value Per Share = 22.55

Explanation:

given data

equity = $118,139,000

net income next year = $3,000,000

to find out

what would their Book Value be next year

solution

we know that Book Value Per Share formula that is express as

Book Value Per Share = (Share Holder Equity+ Net Income) ÷ No of Shares ..................1

we consider here book value is $22

So no of share will be = \frac{share\ holder}{book value}

No of shares = \frac{118,139,000}{22}

No of shares = 5369954.545

so from equation 1 put here value

Book Value Per Share = \frac{118,139,000 +3,000,000}{5369954.545}

Book Value Per Share = 22.55

3 0
3 years ago
Hedge funds are low risk because they are market-neutral. low risk if they buy Treasury bonds. low risk because they hedge their
erastovalidia [21]

Answer:

Hedge funds are: high risk, even though they may be market-neutral.

6 0
4 years ago
Slate is a daily magazine on the Web. Its business activities can be described by a number of variables. What is the level of me
svlad2 [7]

Answer:

A. The number of hits on their website on Saturday between 8:00 am and 9:00 am - Ratio.

B. The Departments, such as food and drink, politics, foreign policy, sports - Nominal.

C. The number of weekly hits on the Sam's Club ad.

This variable is quantitative in nature and thus its level of measurement is Ratio.

D. The number of years each employee has been employed with Slate.

It could be 0, 1, 2, or more years

This variable is thus quantitative in nature and thus its level of measurement is Ratio.

Explanation:

Data can be categorized as belonging to one of the following four levels of measurement;

nominal

ordinal

interval

ratio

The nominal scales are used for categorical variables which have no any quantitative value. For example, a person can be categorized as being male or female; young or old.

On the other had, the Ratio scale is tell us about the order, the magnitude and most importantly this scale has an absolute zero. The ratio scale unlike the nominal one is basically for quantitative data.

With these information we can now deduce the level of measurement for each of the variables.

A. The number of hits on their website on Saturday between 8:00 am and 9:00 am

This variable is quantitative in nature and thus its level of measurement is Ratio.

B. The Departments, such as food and drink, politics, foreign policy, sports;

This variable is categorical in nature and thus its level of measurement is Nominal.

C. The number of weekly hits on the Sam's Club ad.

This variable is quantitative in nature and thus its level of measurement is Ratio.

D. The number of years each employee has been employed with Slate.

It could be 0, 1, 2, or more years

This variable is thus quantitative in nature and thus its level of measurement is Ratio.

5 0
3 years ago
During 2011, Clark Company manufactured equipment for its own use at a total cost of $2,400,000. The project required the entire
Zanzabum
Idk idk idk idk idk idk im sorry btw its just for the starting thing
8 0
4 years ago
Holten Farm sells new tractors and pays each salesperson a commission of $1,000 for each tractor sold. During the month of Augus
OlgaM077 [116]

Answer:

B.Jacob will recognize commission expense in the amount of $3,000 in August

Explanation:

Jacob will recognize commission expense in the amount of $3,000 in August for the 3 tractors that was sold and Jacob was the salesperson who pays Jason the amount of cash realized on the 10th day of the month following the sale of the tractors.

The Commission expenses can be calculated as:

(commission of $1,000× Number of tractor 3)

=$3,000

5 0
3 years ago
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