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Andre45 [30]
3 years ago
15

Indicate whether the above items should be disclosed (A) in the summary of significant accounting policies note, (B) in a separa

te disclosure note, or (C) on the face of the balance sheet.
Business
1 answer:
Drupady [299]3 years ago
6 0

Answer:

(A) in the summary of significant accounting policies.

Explanation:

It has the company's financial statements and also describes the key policies that are being followed by the accounting department. This policy summary is mandated by the accounting framework like IFRS or GAAP.

You might be interested in
An internet company gives their old computer system to the computer science
Elanso [62]

Answer:

Explanation:

The formula for GDP is

GDP = C + I + G + NX

C = consumption

I  = Investment by business and household purchases by individuals

G = Government  Expenditures

NX = foreign trade.

The first thing you can do is knock out foreign trade.

I think you can dispense with Government expenditures as well all though a school is an arm of government.

I think investment is what you have to look at carefully because it does include charitable organizations.  We'll come back to this.

Consumption is what it sounds like it sounds.

You can't answer this in any other way than to know how the company writes it off. It is an asset that goes from some value to 0. It no longer exists on their books. So it decreases their assets. It is balanced on their books by calling it an expense I think and that further has impact on their books.

So they are decreasing their value (albeit by a small amount -- they've already bought new computers).

I'm not sure about this, but I think what has happened is that the GDP is going to go down. Their investment has decreased by being written off.

8 0
3 years ago
Suppose you buy a home and borrow $176,000 using a 30 year mortgage with an annual interest rate of 3.20% (compounded monthly).
kipiarov [429]

Answer:

Explanation:

Rate of interest =  3.2 / 12 = .266667

No of terms = 12 x 30 = 360

amount = 176000

PMT = $ 761.14

Now the instalment is increased by 10% so

the instalment becomes = 761.14 + 76.11

= #837.25

No of years required from table

= 25.74 years.

5 0
3 years ago
Zohrina is a top manager at her current company. However, she is leaving the company for a better job at a competing firm. Which
TEA [102]

Answer:  

VOLUNTARY TURNOVER

Explanation:

Voluntary turnover refers to a kind of change that happens when workers choose to exit their jobs voluntarily. For a number of different reasons workers can choose to abandon the jobs. Workers may feel unhappy with their job or rewards, may be pursuing a new career or could have acknowledged another bid.

One way to mitigate the volunteer turnover would be to make some effort in the recruitment process to assess the "work match" or work appropriateness of a candidate for a given position. Employers will try to evaluate the probability that certain potential employees in current jobs would feel content and motivated.

8 0
3 years ago
Suppose that Rearden Metal currently has no debt and has an equity cost of capital of 12%. Rearden is considering borrowing fund
Alexxandr [17]

Answer:

Option (C) is correct.

Explanation:

We have to use MM proposition that cost of equity will change itself in such a manner so that it can take care of its debt.

Cost of equity:

= WACC of all equity firm + (WACC of all equity - Cost of debt ) × (Debt -to-equity ratio)

At the beginning, when there was no debt,

WACC = cost of equity = 12 %

Levered cost of equity:

= 12% + ( 12% - 6%) × 0.5

= 15%

Therefore, Rearden's levered cost of equity would be closest to 15%.

4 0
4 years ago
One key for sport organizations to use market segmentation effectively involves integrating the strategy with a DBM or CRM syste
Ede4ka [16]

Answer:

TRUE.

Explanation:

One key for sport organizations to use market segmentation effectively involves integrating the strategy with a DBM or CRM system to pinpoint which segments can be contacted. Both DBM and CRM systems can give an organization very valid and reliable information about their customers which then managers can use to form patterns and analyse trends and buying habits of the customers. This information can be easily used for effective targeting. Managers can easily know which segments they should target and how sales can be increased in that particular segment. What offers should be sent to that specific segment.

4 0
3 years ago
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