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Artemon [7]
3 years ago
11

Leonard company uses and discloses different depreciation methods for the major classes of property, plant, and equipment. which

accounting principle is leonard company addressing?
Business
1 answer:
Licemer1 [7]3 years ago
6 0
The accounting principle that is being addressed by Leonard would be the full-disclosure principle. This requires a certain company to provide all information that is necessary in making decisions especially in the financial aspect to be able to make sound and informed decisions.<span />
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A firm with a WACC of 10% is considering the following mutually exclusive projects:
8090 [49]

Answer:

Option e is the correct answer.

As the NPV of project 1 is higher than Project 2's NPV, Project 1 is recommended,

Explanation:

To determine which project to choose, we will calculate the net present value (NPV) of both projects and the project with the higher NPV will be chosen.

NPV is the present value of the future cash flows inflows expected from the project less any initial cost. The formula for NPV is as follows,

NPV = CF1 / (1+WACC)  +  CF2 / (1+WACC)^2  +  ... +  CFn / (1+WACC)^n  -  Initial outlay

Where,

  • CF1, CF2,... is the cash flow in year 1, Year 2 and so on

NPV - Project 1 = 60 / (1+0.1)  +  60 / (1+0.1)^2  +  60 / (1+0.1)^3  +  

220 / (1+0.1)^4   +  220 / (1+0.1)^5  -  200

NPV - Project 1 = $236.076 rounded off to $236.08

NPV - Project 22 = 300 / (1+0.1)  +  300 / (1+0.1)^2  +  100 / (1+0.1)^3  +  

100 / (1+0.1)^4   +  100 / (1+0.1)^5  -  600

NPV - Project 2 = $126.1861 rounded off to $126.19

As the NPV of project 1 is higher than Project 2's NPV, Project 1 is recommended,

8 0
3 years ago
John buys a watch for $100 at a vintage store. Later, the store learns that the watch was worn by Sean Connery in a James Bond m
ivann1987 [24]

Answer

The store cannot rescind their decision because the ownership of the goods has passed from the seller to the buyer in this case john

Explanation :This can be defined as a situation whereby the seller agree to sell the goods to the buyer in exchange for value known as money.in contract for the sale of goods, there is sale and agreement to sale. Sale is when the seller has agreed to sell the goods to the buyer in exchange for value known as money and the buyer has actually made payment for the goods.in this case, the ownership of the goods has passed from the seller to the buyer.

On the other hand,agreement to sale is when the seller has agreed to sell the goods to the buyer in exchange for money but the buyer has not made the payment. In this case,the ownership of the goods is still with the seller . Therefore, in the case of John who is a subject of our discussion, John has bought the watch from the store and made payment for it.John has the right to enjoy the watch under the law. If the seller now wants to deny John the right to have value for his money.John had the right to seek redress in the court of law in defence of his right to have value for money by enjoying the watch which he had bought from the store with his hard earned money.

3 0
3 years ago
Don’s Fashions is noticing a downward trend in sales. The company has been reaching out using social media to connect with custo
Temka [501]

Answer:

They should conduct a market research, since probably they are targeting the wrong market segment.

Explanation:

A market research, if done correctly, should allow them to gather information about who are their potential customers (target market) and what do they need or want.

8 0
3 years ago
You hear on the news that the​ S&amp;P 500 was down 2.6 % today relative to the​ risk-free rate​ (the market's excess return was
Paul [167]

Answer:

a.

Excess return for Zynga today will be -3.38%

b.

Excess return on P&G today will be -1.04%

Explanation:

The excess return is the return earned above/beyond the benchmark return. This benchmark can be set at either the risk free rate or any other stock or portfolio's return.

The return on a stock is usually calculated using the CAPM equation. The CAPM considers risk free rate, the return on market and the stock's beta to calculate the expected return on a stock.

The market always has a beta of 1. Beta is the measure of the volatility of stock returns. If the excess return on the market falls or rises, the effect of this on a stock's excess return will be based on its beta.

a.

The excess return of Zynga today will be =  -2.6% * 1.3   = -3.38%

b.

The excess return of P&G today will be =  -2.6% * 0.4   = -1.04%

8 0
3 years ago
Based on these​ findings, what can we predict about total production long dash whether or not that production is included in the
Naily [24]

Answer:

If the workers had been paying other people to perform the household activities prior to unemployment, then total production will fall.

Explanation:

7 0
3 years ago
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