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3 years ago

Regarding convergence of accounting standards, the FASB and IASB:

Business

1 answer:

Ahat [919]3 years ago

6 0

Answer:

D. Are not likely to achieve full convergence of accounting standards in the near future.

Explanation:

FASB and IASB has joined hands to work together and achieve full convergence. This agreement was signed in 2002, but yet the full convergence has not been achieved. Though both the organisations are still working on the same.

They have not combined their organizations as to form a single organization and work on BUSY format, thus, statement A is not correct.

As they intend to work together statement C is also not correct.

As full convergence is not yet done, Statement B is also not correct.

Accordingly, Statement D is correct.

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A company sold land, investments, and issued their own common stock for $11 million, $15 million, and $21 million, respectively.

Alborosie

Answer:

Net cash flow from investing activities: $20 million

Net cash flow from financing activities: $19 million

Explanation:

a. Calculation for flow from investing activities

Sale of land $11

Sale of investments 15

Purchase of equipment (2)

Purchase of patent (4)

Net cash flow from investing activities: $20

b. Calculation for Cash flow from financing activities

Issuance of common stock $21

Purchase treasury stock (2)

Net cash flow from financing activities: $19

Therefore Net cash flow from investing activities is $20 million while Net cash flow from financing activities is $19 million

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3 years ago

which forerunner technology enabled its users to have a conversation with other users without creating personal accounts

OLEGan [10]

Internet relay chat enabled its users to have a conversation with other users without creating personal accounts.

8 0

3 years ago

Read 2 more answers

1. Greet the customer and thank them for contacting our company

Yakvenalex [24]

In order to convey messages to customers in both a casual and professional voice, you need to include planned and clear sentences.

<h3>How would the message be conveyed both informally and formally?</h3>

A good reference point for communicating the above informally and professionally is:

Good afternoon, my name is William Warwick. Thank you for contacting (company name). How may I be of service?
We sincerely apologise but due to a storm on the East Coat, our logistics services have taken a hit which has resulted in several orders including yours, being delayed.
We deeply apologise for any inconvenience caused and want you to know that we are working round the clock to fix things.
If you require further assistance, don't hesitate to reach us at 555-555-5555 from Monday to Friday between the hours of 8am to 8pm.
Thank you for calling (company name). Do have a pleasant day.

The first part of the question is:

Please communicate the following information to the customer in both a casual voice, and a professional voice.

Find out more on customer communication at brainly.com/question/26448585.

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2 years ago

At equilibrium, the pure monopoly will generate_____. rev:A. an economic profit of $4.50 B. an economic profit of $6.50 C. an ec

jonny [76]

Answer:

B. an economic profit of $6.50

Explanation:

Note: The full question is attached

Price Q TR MR Output TC MC

2.75 3 8.25 - 3 4 -

2.50 4 10 1.75 4 4.5 0.5

2.25 5 11.25 1.25 5 4.75 0.25

2 6 12 0.75 6 5.75 1

1.75 7 12.25 0.25 7 7.75 2

For profit Max MR = MC. MC>MR

At Q = 5, MR = 1.25 & MC = 0.25

Economic profit = TR - TC = 11.25 - 4.75 = $6.5

But at Q = 6, MR = 0.75 MC = 1. Net benefit is negative

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3 years ago

First Link Services granted 4.8 million of its $1 par common shares to executives, subject to forfeiture if employment is termin

xeze [42]

Hey! How are you? My name is Maria, 19 years old. Yesterday broke up with a guy, looking for casual sex.

Write me here and I will give you my phone number - *pofsex.com*

My nickname - Lovely

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3 years ago