What is the name for utter business ruin or failure

Gray argues that national cultural values affect accounting values. If Country X ranks low on uncertainty avoidance, which of th

antoniya [11.8K]

Answer:

d. the country would rank low on the accounting values of conservatism

Explanation:

Gray's accounting framework postulates that the 4 accounting values of professionalism, conservatism, secrecy, and uniformity can be used to predict differences in accounting systems internationally.

Uncertainty avoidance is the degree to which cultures tolerate unpredictability.

Counties with high uncertainty avoidance are more conservative for example Japan.

While countries that have low uncertainty avoidance are less conservative. They are flexible to change and more willing to take risks.

7 0

3 years ago

Horton Industries’ shareholders’ equity included 140 million shares of $1 par common stock and a balance in paid-in capital - ex

kiruha [24]

Answer:

The total paid-in capital declines by $17 million

Explanation:

The necessary entries to record the repurchase of shares are as follows:

Dr Common stock $1*2,000,000 $2,000,000

Dr Paid-in capital in excess of par

1120*140*2000,0000 $ 16,000,000

Cr Cash $7*2000,000 $14,000,000

Cr Share repurchase(balancing figure) $4,000,000

Invariably, the paid-in capital declines by the difference the total of common stock and paid-in capital in excess of par ($2m+$16m) and the share repurchase,hence the it declines by $17 million

4 0

3 years ago

The assets (what a business owns), liabilities (what a business owes), and capital (how much a

Sati [7]

Answer:

balance sheet

Explanation:

Businesses are required to prepare a balance sheet at the end of every financial year. The balance reports the net worth of a company. It lists all the assets and their values on one side and liabilities and equity on the side. The balance sheet follows the accounting equation to indicate the total assets on one side. It shows how the assets have been financed through liabilities and equity.

8 0

3 years ago

West Coast Growers incurs the following costs during the year related to the creation of a new disease-resistant tomato plant. S

posledela

Answer:

Explanation:

Salaries R&D $540,000

Depreciation on equipment 145,000

Utilities incurred 7,000

Payment for development work 13,000

R&D expense 705,000

*Paten filing and related legal costs are recorded to patent intangible asset account

5 0

3 years ago

When Natasha took over as facilities manager for Burlington Furniture Manufacturing, she was shocked to see the factory was stil

rosijanka [135]

Answer:

The correct word, that fills the gap is: New buy.

Explanation:

Direct repurchase: it is a shopping situation in which the purchasing department repeats orders routinely. The buyer chooses among the suppliers that appear on an "approved list". "Excluded suppliers" will try to take advantage of inefficiencies or dissatisfactions with respect to Current suppliers.
Modified repurchase: it is a situation in which the buyer wants to modify the product specifications, prices, delivery requirements or other conditions; In general, it involves additional participants in the decision by both parties. New task: it is a purchase situation in which a buyer acquires a product or service for the first time (building, security system).

New homework purchases have several stages: awareness, interest, evaluation, trial and adoption.

The industrial buyer: It makes the least number of decisions in the situation of direct repurchase and the largest, in the situation of new task. This is the biggest opportunity and the biggest challenge for the marketing people, which tries to reach as many key influencers as possible and provide useful information and help. Due to the complexity of the sales work, many companies use a missionary sales force composed of their best sellers.

6 0

2 years ago