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makkiz [27]
3 years ago
15

For external reporting purposes, U.S. GAAP allows companies to use

Business
1 answer:
DanielleElmas [232]3 years ago
6 0

Answer:

1. Only the traditional format of the income statement.

Explanation:

For external reporting purposes, United States of America, Generally Accepted Accounting Principles (GAAP) allows companies to use only the traditional format of the income statement.

United States of America, Generally Accepted Accounting Principles (GAAP) is the accounting principles, procedures and standard issued by the Financial Accounting Standards Board (FASB) and adopted by the United States of America, Securities and Exchange Commission (SEC).

When accountants prepare and compile financial statements for public firms, it must be in line with United States of America, Generally Accepted Accounting Principles (GAAP).

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The stock is overrated because his intrincis value, 78.54 is below his market price 99.25

This means it is preferable to sale the share before their value drops.

Explanation:

Intrinsic Value 78.54

Market Value 99.25

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One important purpose of a brand is to
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Answer:

3. increase consumer recognition and awareness of product offerings.

Explanation:

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3 years ago
Paul consumes only books and DVDs. At his current consumption​ bundle, his marginal utility from DVDs is 23 and from books is 5.
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Answer:

Paul is not maximizing his utility because MUd/Pd is greater than MUb/Pb

Explanation:

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Marginal Utility per dollar of books is:

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