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:
price divisor after split is 4.5
Explanation:
given data
stock prices = $10
stock prices = $20
stock prices = $80
stock prices = $50
stock prices = $40
solution
we find here first price weighted index for all 5 stock that is
price weighted index =
price weighted index = $40
so
price weighted index before split is $40
so after split last stock became half
so new price divisor
we consider denominator to be x
so
40 =
x =
x = 4.5
so price divisor after split is 4.5
Explanation
I cannot even count the amount of times in our daily lives where we have to make decisions. If you invest a few minutes in analyzing it, the result would be the thought of endless products, services and life decisions being made every day some of them without even much thought
What should I wear
What should I eat
What am I going to do today
What school should I choose
Will I be buying my coffee from Starbucks, McCafe or at my local coffee shop?
In particular, product and services related decisions have turned to be routine answers made automatically every day, they help move the economy of cities, countries and ultimately the world.
The correct answer is: $110,000,-$10,000