1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zzz [600]
2 years ago
5

A contingent liability is an obligation that should be: Question 2 options: A) Recorded in the accounts and classified in a cont

ingent liabilities section of the balance sheet between current liabilities and long-term liabilities B) Classified in the owners' equity section of the balance sheet when the future event creating the liability is not likely to occur C) Disclosed in a footnote to the balance sheet when the contingency is remote D) Recorded in the accounts if the amount may be reasonably estimated and it is probable that the future event creating the obligation will occur
Business
1 answer:
tester [92]2 years ago
6 0

Answer:

D) Recorded in the accounts if the amount may be reasonably estimated and it is probable that the future event creating the obligation will occur

Explanation:

This is the best answer to the question

You might be interested in
At the economy's natural rate of unemployment, t(A) the economy is fully employed.(B) there is only a relatively small amount of
qwelly [4]

Answer:

The correct answer is (C) only frictional unemployment exists.

Explanation:

The unemployment rate is considered natural and refers to this term in a certain way because there are workers who change jobs for professional aspirations or for the improvement of the quality of life, due to its proximity to the new workplace and the remoteness of the previous one. Even when there is full employment there are certain unemployed people, it is what is known as frictional unemployment, since workers need time to find the right job.

3 0
3 years ago
A company is considering investing in a new machine that requires a cash payment of $38,209 today. The machine will generate ann
navik [9.2K]

Answer:

The IRR is 10%.

Explanation:

a) Calculation of Internal Rate of Return (IRR):

We choose a discount rate, say 10% and use it to discount the cash flows to their present values.  If the net present value (NPV) of all the cash flows equals zero, then that discount rate is accepted as the IRR.

b) Without 10% discount rate, the discount factors are for:

1st year = 1.1 (1 + discount rate) raised to power 1

2nd year = 1.21 (1 + discount rate) raised to power 2

3rd year = 1.331 (1 + discount rate) raised to power 3

c) These discount factors will divide the cash inflows for each year:

1st year, NPV = $15,364/1.1 = $13,967.27

2nd year, NPV = $15,364/1.21 = $12,697.52

3rd year, NPV = $15,364/1.331 = $11,543.20

Total NPV of inflows                 = $38,209 approximately

NPV of outflows                         -$38,209

NPV of inflows and outflows      $0

So, the IRR is 10%.

IRR is a capital budgeting metric to measure profitability by using a discount rate which makes the net present value of all cash flows to become zero.  To get a suitable rate, trial and error is involved, or one can make use of educated best guess.

8 0
3 years ago
Rachel recently started a new gift shop in town. When she is deciding how to price the new products in her shop, she measures th
valkas [14]

Answer:

The correct word for the blank space is: competitive.

Explanation:

Pricing strategies are methods companies use at the moment of setting the prices of their products. The most common pricing strategies are:

  • Cost-plus pricing.<em> Involves recognizing the production costs and adding a percentage of those costs which represents the profit of the firm. </em>
  • <u>Competitive pricing</u>.<em> Implies establishing the price of a product similar to what competitors in the market have set. </em>
  • Value-based pricing.<em> It requires setting the price of goods and services based on what consumers think the price should be. </em>
  • Price skimming.<em> Involves pricing a product high at first and changing the price according to market fluctuations. </em>
  • Penetration pricing.<em> Implies setting the price of a product low to wipe out competitors and raising it after they completely disappeared.</em>
7 0
2 years ago
Jose put $200 in a savings acount, where he will earn 10% interest annually. At the end of the year how much money will Jose hav
spayn [35]
20
Because 10 * 20
Equal the 200
6 0
3 years ago
Brazil is one of the world’s lowest-cost producers of ethanol and soybeans. Japanese corporations have heavily invested in Bra
guapka [62]

Answer: The Japanese companies invest in Brazil in order to cut cost.

Explanation:

Since Brazil is one of the world's lowest-cost producers of ethanol and soybeans. Japanese corporations investing heavily in Brazil to lease large tracts of land to grow soybeans for export to Japan, are doing this in order to minimize their cost.

Growing soyabeans in Brazil is cheaper since there's a lower cost of producing it when compared to the higher cost of producing it in Japan. This in turn, helps the Japanese companies reduce their cost as the cost of factor Input is reduced and also the Japanese companies can make more profit.

8 0
3 years ago
Other questions:
  • XYZ Corp is doing a study of consumers' use of soap across the US. The questiuonnaire for the sttudy will include questions abou
    6·1 answer
  • The managers of a car dealership have decided to utilize the Hawthorne effect to increase productivity, which means using camera
    11·1 answer
  • The multiplier effect occurs when an initial increase (or decrease) in autonomous expenditure produces a greater increase (or de
    15·1 answer
  • In which step of the production process are
    10·1 answer
  • Uniform Supply accepted a $10,200, 90-day, 8% note from Tracy Janitorial on October 17. What entry should Uniform Supply make on
    9·1 answer
  • Your sole proprietorship makes $90,000 per year in profits. Your average federal tax rate is 24% and your state tax rate is 6%.
    14·2 answers
  • Ajay borrowed $6000 cash from his friend Tim, *
    11·1 answer
  • Luzadis Company makes furniture using the latest automated technology. The company uses a job-order costing system and applies m
    7·1 answer
  • barber charges $20 per haircut. The total cost for running his home-based business is $4,000 per month, which includes his salar
    14·1 answer
  • Crispin Mattresses is chartered in Florida but does business in all 50 states. Crispin Mattresses doing business in Florida is k
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!