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IrinaVladis [17]
4 years ago
14

Mega Loan Company has very stringent credit requirements and, accordingly, has negligible losses from uncollectible accounts. Th

e company's independent accountants did not protest when, contrary to GAAP, the company recorded bad debt expense only when specific accounts were determined to be uncollectible, rather than use an allowance for uncollectible accounts. The concept demonstrated is:_________ a) Comparability. b) Faithful representation. c) Cost-effectiveness. d) Materiality.
Business
1 answer:
lora16 [44]4 years ago
5 0

Answer:

d) Materiality

Explanation:

Materiality is defined as the impact of the omission of trivial matters that are important to the report audience. In the question given this materiality is the reason why the company's independent accountants did not protest.

I hope you find this information useful and interetsing! Good luck!

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Think about the dwelling type that your target consumers are most likely to live in. As you make your selection, keep the follow
dalvyx [7]

Answer:

Apartment

Explanation:

From the different market segmentations here, we have chosen apartment as the dwelling type where our target consumers reside mostly since they have the lowest washer and dryer hookups. This is because their low percentage here shows us that this group are in more need of our products than any of the other groups who already have them in higher percentages and therefore do not require our washers and dryer hookups as much as the apartment group

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4 years ago
​linda usually does not spend much time selecting gifts while buying them. however, when buying a pen for her husband's birthday
serg [7]
The options were 
a. product involvement
 b. situational involvement
 c. shopping involvement
 d. enduring involvement 
 The answer is 
 b. situational involvement
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7 0
3 years ago
Midland Utilities has outstanding a bond issue that will mature to its $1,000 par value in 11 years. The bond has a coupon inter
MArishka [77]

Answer:

at 13% --> $1,000

at 17%  -->$806.54

at 10%  --> $1,194.85

When the rates do not match people will only accept the bond if their desired market return can be acheive. Because, the coupon payment are fixed the only way to do so is by changing the price ofthe bond.

So bond with coupon rate above market are trade at a price higher than face value while, below market traded at lower price.

Explanation:

The market value of a bond is the present value of the future coupon payment and maturity given the current market rate

When the market rate matches the coupon rate then the bond is at par and sales at face value.

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 130.000

time 11

rate 0.17

130 \times \frac{1-(1+0.17)^{-11} }{0.17} = PV\\

PV $628.7337

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   11.00

rate  0.17

\frac{1000}{(1 + 0.17)^{11} } = PV  

PV   177.81

PV c $628.7337

PV m  $177.8097

Total $806.5435

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 130.000

time 11

rate 0.1

130 \times \frac{1-(1+0.1)^{-11} }{0.1} = PV\\

PV $844.3579

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   11.00

rate  0.1

\frac{1000}{(1 + 0.1)^{11} } = PV  

PV   350.49

PV c $844.3579

PV m  $350.4939

Total $1,194.8518

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4 years ago
Lotina apologized to a subordinate for an e-mail that upset him. she said she had chosen an unfortunate way of stating her idea,
MissTica
<span>Lotina deciding to apologize to her subordinate for the email that she sent that upset him is Lotina expressing consideration behavior. She recognized that she used a poor choice of words to express her idea and she let him know that not only was she sorry for that, but she would love an opportunity to sit down and discuss the ideas.</span>
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3 years ago
Which graph shows the relationship between the aggregate price level and the aggregate quantity supplied over time?
PilotLPTM [1.2K]
The answer is A: Long-run aggregate supply curve.
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3 years ago
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