Answer:
"B"
Explanation:
Expenses are recognized under the accrual accounting principle.
Before expenses can be recognized under accrual method , it must be matched to a particular revenue.This means that expenses are recognized in the period that the expense was able to generate a revenue. In other words , it in recorded in the period in which it was sold and not the period it was bought.
This is done to improve the quality , accuracy of financial statement to give a true representation of an organization.
The aspect of Netflix going public that lured the firms to the market would be that By going public, Netflix was required to disclose its financial position.
<h3>What does it mean to go public?</h3>
When it is said that a company has gone public, what this would mean is that the company has been able to undertake the initial public offering that it has and it has sold its shares to the public so that it can raise more capital.
Hence we cans ay that the aspect of Netflix going public that lured the firms to the market would be that By going public, Netflix was required to disclose its financial position.
Read more on going public here: brainly.com/question/4888786
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Answer:
the supplies expense for the year 2019 is $5,400
Explanation:
The computation of the supplies expense for the year 2019 is as follows:
Supplies Expense = Opening balance of Office supplies + Purchase of supplies during the year - ending balance of Office supplies
= $1,300 + $5,600 - $1,500
= $5,400
Hence, the supplies expense for the year 2019 is $5,400
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
To hedge the preferred stock position, the manager should: Buy tyx calls
Explanation:
When market interest rate rise preferred stock drop. To hedge using interest rate index option, <em>the contract must offer an offsetting profit during a period of rising interest rates. Therefore buy TYX calls. </em>These will continue to give ever increasing profit as market interest rate continue to rise. And it will offset the ever increasing loss that would be incurred on the XYZ preferred stock position as the market interest rate continues rising.
The hedge is that Any loss on preferred stock position would be offset by corresponding gain on the long interest rate index call position.
