Yes, because it still has the opportunity cost which can means its wages, interest of its own capital, its own land etc.
Answer:
The answer is below
Explanation:
The socioeconomic impact of Business to Consumers can be vast, positive, and negative at the same time, it all depends on some variables including the marketing and advertisement strategies, history of the firm or industry sectors, etc.
Hence, the socio-economic impact of business on consumers are:
1. Products and services provided by businesses are utilized by the consumers
2. Good business practices encourage consumers to spend their income on the products and services provided.
3. Competition between businesses leads to manufacturers producing goods and services at cheaper rates possible to consumers
4. Business products and services influence the consumption rates and attitude of consumers such as dress sense, gadgets ownership, etc, among consumers.
Answer:
a) making the assumptions upon which to project future performance
Explanation:
Absolute value can be regarded as as a method that utilize discounted cash flow analysis in knowing the worth of a organization financially. It should be noted that making the assumptions upon which to project future performance is most likely to be the most challenging part of this first step of absolute valuation process.
Answer:
For accrual basis:
(1) record revenues when earned
For cash basis:
(3) record revenue when cash is received
Explanation:
As per accounting systems:
Accrual basis follows the periodic system in which revenues and expenses are recorded as and when they are incurred, as for revenue when it is earned, and for the period to which it relates is recorded at that time,
As in this it does not matter that cash is received in advance or after some period, the transfer of risk and reward matters.
In the case of cash basis all expenses and revenues are recorded as and when there is any cash inflow or outflow related to the same.
Answer:
B. On the declaration date
Explanation:
Dividend payable are usually advised by management but must be ratified by the shareholders (usually in the annual general meeting) for such to be come recognizable in the books. The date of ratification is the declaration date
As such a corporation record an increase in Dividends Payable on the declaration date.
The right option is B. On the declaration date
