Answer: b. Reporting the current portion of a long-term note as long-term debt is a misrepresentation of the financial position of the company.
Explanation:
According to US GAAP, the current portion of a long term liability (the portion that is to be paid in the current period) should be recorded as a Current Liability.
The Current portion of a long term liability thus shows us the amount is the current Liability that a company is due to pay in the current operating cycle.
To therefore put that amount that the company is supposed to pay in the current cycle as a long term liability is a misrepresentation of the books aimed at primarily deceiving lenders as the text shows.
Answer:
10 glasses, X-intercept = 10 , Y-intercept=5 and function Y=5-0.5x
Explanation:
5 = 0.5x
x = 10
the function : Y = 5 - 0.5x
Y-intercept(SET X=0)
Y = 5 - 0.5 (0)
Y = 5
X-intercept(SET Y=0)
(0) = 5 - 0.5x
0.5x = 5
x = 10
Answer:
A kickoff event's objective is to formally tell-all project stakeholders that the project has started. It introduces the team and assists them in understanding the project's requirements, history, and individual duties.
Explanation:
Anorexia refers to the lack of oxygen.
Answer:
D. Donny, because his workers are not as busy to start with
Explanation:
Note: The complete question is attached as picture
Based on the information supplied. Both shops use the exact same technology to make doughnuts and have the same number of workers and the same size building. Observation: There are diminishing returns to capital. This means in as much a more capital is added to labor, the marginal products falls.
As there are diminishing returns to capital, Donny will benefit the most as his workers were not as busy to start with.