El efecto de un cambio de moneda de informe debe reconocerse con base en el método retrospectivo establecido en la NIF B-1, cambios contables y correcciones de errores por tratarse de un cambio en la unidad monetaria de presentación
Answer: The following statements is true: <u><em>The amount of unamortized discount decreases from its balance at issuance date to a zero balance at maturity.</em></u>
Unamortized discount amount is decreased from balance at provision to a nil balance at due date. This is so , as it will be liquidated over entire bond’s life and thus will reach $ 0 maturity.
<u><em>Therefore, the correct option is (c).</em></u>
Answer: After the income statement,
Before the income statement
Explanation:Deferred tax liabilities can arise from either a revenue being reported on the tax return after the income statement or an expense being reported on the tax return before the income statement.
Predatory Pricing is the practice whereby a foreign producer intentionally sells its products in the United States for less than the cost of production to undermine the competition and take control of the market.
<h3><u>
Explanation:</u></h3>
hen there is a situation in the market whereby the products are sold at a cost very low than the cost of other suppliers refers to the predatory pricing. When predatory pricing is practiced then the suppliers with lower price will alone survive in the market making all the other suppliers to forcefully leave the market.
This kind of act is illegal. This is because predatory pricing will eradicate the competition. The main aim of this type of pricing is to eliminate the small business from the market. In the given scenario, a foreign producer is selling its products intentionally at lower price in U.S for the lower cost than the cost of production and takes the market to its control which is an example of Predatory Pricing.
Answer:
$7,650
Explanation:
Ending work in progress = Beginning Work in progress + Units started - Units completed and transferred
= $22,000 + $90,000 - $97,000
= $15,000
Equivalent units = Units completed and transferred + Ending work in progress
= $97,000 + $15,000
= $112,000
Total cost = Material cost (Beginning) + Material cost during the month
= $11,000 + $46,100
= $57,100
Cost per equivalent unit = $57,100 ÷ $112,000
= $0.51
Materials cost of the work in process inventory at March 31 = Ending work in progress × Cost per equivalent unit
= $15,000 × $0.51
= $7,650