Answer:
C.completeness
Explanation:
Occurrence means transactions and events that have been recorded or disclosed have occurred and relate to the entity.Existence means whether or not accounts balances and related disclosures related Assets, liabilities and equity interests exist in the financial statements.
Completeness means there are no unrecorded transactions, events and disclosures and all transactions that have occurred has been included in the general ledger/financial statements
Valuation or allocation means that assets, liabilities and equity interests are included in the financial statements at appropriate amounts and any resulting valuation or allocation adjustments are appropriately recorded and related disclosures have been appropriately measured and described.
In this question, interest on sample of paid notes have been traced to the general ledger account, to check that whether the interest on the selected sample has been included in the general ledger and financial statements.Thus the answer shall be C.completeness
An exclusively project relationship simply means that certain projects are mutually exclusive by accepting one investment while rejecting other investments present. This decision is usually made when all other projects are excluded from any kind of considerations.
Answer:
D. $210 million
Explanation:
Data given
Decrease in deferred tax assets = $30
Increase in deferred tax liabilities = $60
Taxable income = $300
Tax rate = 40%
The computation of total income tax expense is given below:-
Income tax Payable = $300 × 40%
= $120
Total income tax expenses = Income tax Payable + Decrease in deferred tax assets + Increase in deferred tax liabilities
= $120 + $30 million + $60 million
= $210 million
So, for computing the total income tax expense we simply applied the above formula.
Answer: have multiple selves
Explanation:
These multiple selves describes the different versions or possibilities of being. For example, one may decide to rebuke himself of a particular deed, the same person accepts his fault, feels sober and try to work things out all by himself. Here, he has exhibited the version of the one who blames, also as shown the version of the person who is to be blame, the version of the one who accepted his fault, feels sober and probably planning to turn a new leaf.
Answer:
a.
Current Share Price = $87.5
c.
The new market value is $77.78
Explanation:
a.
The dividend per year on the preferred stock = 100 * 0.07 = $7
The yield on the preferred stock can be calculated as,
Yield = Preferred dividend / Current Share price
As we know the Yield and the dividend, we can calculate the current share price.
0.08 = 7 / Current Share price
Current Share Price = 7 / 0.08
Current Share Price = $87.5
c.
The dividend per share on the preferred stock remains the same at $7. The new yield is 9%. Using the yield formula we can calculate the new share price,
0.09 = 7 / New Share price
New Share Price = 7 / 0.09
New Share Price = 77.78
