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3 years ago

Need help with this question asap plz

Business

1 answer:

Masteriza [31]3 years ago

8 0

The answer is the third one down. The amendment doesn't want people overly fined or overly punished meaning nothing to harsh so the third one down is the answer.

Hope this helps.

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Find an article regarding full disclosure or the treatment of accounting changes. In 250-300 words, summarize the article that y

Akimi4 [234]

Hi, since this is an academic writing activity, I simply provided suggestions and explanations of key terms.

<u>Explanation:</u>

Basically writing an essay involves consulting good written sources of information that discuss the subject. The term accounting changes disclosure basically refers to the requirement for companies to disclose

any changes to its:

accounting principle,
accounting estimates, or
reporting entity.

Citation (reference) is a term used in reasearch to describe a source or a list of sources (published and unpublished) where information or data was consulted and used in the research work.

3 0

3 years ago

On January 1, Witt Company has a beginning cash balance of $126,000. During the year, the company expects cash disbursements of

aleksley [76]

Answer:

The company must borrow $144000

Explanation:

The required ending cash balance is the balance that the company should have at the end of the period. The decision to borrow will be taken by comparing the actual ending balance with the required ending balance. If the actual ending balance is less than the required ending balance, only then the company needs to borrow to reach the desired level of ending balance.

The actual ending balance can be calculated as,

Actual Ending balance = Opening Balance + Cash receipts - Cash disbursements

Actual Ending balance = 126000 + 870000 - 1020000

Actual Ending balance = - $24000

Difference = -24000 - 120000 = - $144000

As the ending cash balance is negative ( - $24000) which means that there is a shortage of cash and the company does not have enough cash to meet the disbursements for the period and maintain the required ending cash balance. The negative sign in difference indicates shortage and the need for borrowing. The company should borrow for the amount of difference. Thus, the company should borrow $144000

4 0

3 years ago

Consider a mutual fund with $260 million in assets at the start of the year and 10 million shares outstanding. The fund invests

Ugo [173]

Answer: $26; $28.057

Explanation:

Total value = $260 million in assets

Shares outstanding = 10 million

Dividends = $2.5 million

Fund value at the start of the year = $\frac{Total\ value}{No.\ of\ shares\ outstanding}$

= $\frac{260}{10}$

= $26

Fund value at the end of the year:

Dividend per share = $\frac{Dividends}{No\ of\ shares}$

= $\frac{2.5}{10}$

= $0.25

Price gain at 9% with deduction of 1% of 12b-1

Fund value at the end of the year = $26 × 1.09 × (1 - 0.01)

= $28.057

4 0

3 years ago

Do believe that entrepreneurs are 'born' and not 'made'? Justify your answer.

skelet666 [1.2K]

Answer:

Entrepreneurs are born and not made.

Explanation:

In order to be an entrepreneur you must have good business ethic and life skills, no one can make you have the mindset and ethic of an entrepreneur only influence on the skills you are already born with.

3 0

2 years ago

Specifics

bogdanovich [222]

The cost of buying and leasing is: A. buy: 14720; lease: 14996.

<h3>Cost of buying and leasing</h3>

1. Cost of Buying:

Total loan payment= 385× 48 months

Total loan payment= $18,480

Cost of buying = Down Payment + Loan payment + ( Opportunity cost ×Down payment× X term in years ) - Ending loan estimated value

Cost of buying= 2,000 +$18,480 + (2000 × 0. 03× 4 years ) - 6,000

Cost of buying= 2,000 + $18,480+240-6,000

Cost of buying= 14,720

2. Leasing:

Total Lease payment=295× 48 months

Total lease payment= $14,160

Leasing= Total lease payment + End of lease charges + ( Security deposit × Opportunity cost× X term in years))

Leasing= $14,160+ 800 + (300 ×0.03×4)

Leasing= $14,160+ 800 +36

Leasing=14996

Therefore the cost of buying and leasing is: A. buy: 14720; lease: 14996.

Learn more about Cost of Buying and leasing here: brainly.com/question/15694660

brainly.com/question/15863500

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3 0

2 years ago