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Likurg_2 [28]
3 years ago
15

Current liabilities are usually recorded in the accounting records and reported in financial statements at their: full maturity

value. carrying value. face value. present value.
Business
1 answer:
Citrus2011 [14]3 years ago
8 0

Answer: Option (A) is correct.

Explanation:

Current liabilities are the short term debt of the companies which have to paid within one year or within a normal operating cycle. Company normally settle their current liabilities by utilizing current assets, either cash or initiating another current liability. Current liabilities are usually recorded at their full maturity value. It includes accounts payable, short term debt, accrued liabilities, and many other similar debts.

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Angara Corporation uses activity-based costing to determine product costs for external financial reports. The company has provid
GREYUIT [131]

Answer:

d. $611,100

Explanation:

The computation of the total amount of overhead cost is shown below:

= (Machine related cost ÷ Total machine related cost of product X × Machine related of product X) + (Batch setup cost ÷ Total machine related cost of product X × Machine related of product X) + (General factory cost ÷ total general factory cost of product X × general factory of product X)

= ($362,600 ÷ 14,000 × 6,000) + ($421,500 ÷ 15,000 × 12,000) + ($308,100 ÷ 13,000 × 5,000)

= $155,400 + $337,200 + $118,500

= $611,100

6 0
3 years ago
You bought a put with a strike price of $25. the current stock price is $23. what is the current payoff value of this option?
kirill [66]

$2 is the current payoff value of this option.

First calculate the price of the option contract: 100 shares x $1 = $100. The security price is now above breakeven, so the call option is "in the money". This is because the investor makes a profit by buying $60 per share at a strike price of only $55 per share.

The idea behind a call option is that if the current stock price exceeds the strike price, the option holder can sell the stock for a profit. You can calculate your profit by subtracting the strike price and the cost of the call option from the current market price of the underlying asset.

Buying a $5 put option gives you the right to sell 100 shares at $100 per share. If ABC Company's stock price drops to $80, he exercises his option to sell 100 shares at $100 per share, for a total profit of $1,500.

Learn more about stock prices here brainly.com/question/1166179

#SPJ4

4 0
1 year ago
The economic entity assumption requires that the activities of an entity be kept separate and distinct from the activities of it
exis [7]

Answer:

The correct answer is letter "A": True.

Explanation:

In <em>Accounting</em>, the entity principle states that the activities of the company must be recorded separately from the activities of the company's owners. By doing so, all the assets and liabilities of the firm will be excluded from the ones that the owners possess.

7 0
3 years ago
At the prepurchase stage of the consumer purchase decision process:
olga2289 [7]

Answer:

The correct answer is letter "B": advertising is more effective than personal selling.

Explanation:

The purchase process could be classified in three stages: <em>prepurchase stage, purchase stage, </em>and <em>postpurchase stage</em>. In the prepurchase stage, consumers can use marketing as a source to find out the product or service they are looking for exists. Individual selling might not be as effective since clients without do not have much information at this stage about the brand, where to locate the product and its main features.

3 0
3 years ago
John wants his assessment reduced by 30% since his property is located next to a power plant. The SCAR hearing officer granted J
Ray Of Light [21]

Answer:

John must first complete a process that starts with Form RP-524. Since the problem states that he already had a SCAR hearing, the only option left is the Tax Certiorari Proceeding which is a legal lawsuit filed in the New York State Supreme Court.

Explanation:

The compete process is as follows:

John must first file a grievance form, if he lives outside of New York City and Nassau County, he can use Form RP-524 "Complaint on Real Property  Assessment" and file it with the assessor or the board of assessment review (BAR) in John's city. New York City residents and Nassau Country residents must contact directly their tax or review commissions by telephone. The grievance forms must be filed before Grievance Day in John's city (it varies depending on the city).

Then John will have to appear before the BAR and present his claim. The BAR is made up of 5 members and it cannot include the assessor or any member from the assessor's office.

If the BAR's decision doesn't satisfy John, then he can proceed with a Small Claims Assessment Review (SCAR). Since John was granted only a 20% reduction by the SCAR hearing officer, the only option left is the Tax Certiorari Proceeding which is a legal lawsuit filed in the New York State Supreme Court.

5 0
3 years ago
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