Answer: Alternate form reliability
Explanation:
Alternate form reliability could be described as a reliability method where an individual carrying out a research is given two different version of the same test at different times with the aim of comparing the scores to determine how reliable the test is.
The reliability evidence seems most useful in this situation is an alternate form reliability which would give the sales representative an idea of the various results and differences in order to market the product effectively.
Firm’s market to book value ratio can be calculated by dividing the market value of the firm’s equity by the book value of the fir’s equity.
Market value of the firm’s equity = market value of current assets + market value of book value – market value of firm’s debt
= $10 million + $90 million – 50 million
= $50 million
Book value of firm’s equity = Book value of current assets + book value of fixed assets – book value of liabilities
= $10 million + $60 million – 40 million
= $30 million
Market to book value ratio = $50 million/ 30 million
= 1.67 times
Answer:
$5,000
Explanation:
Under the accrual accounting method, revenue is recognized and recorded in the books once the recognition criteria is met i.e once the goods or service has been delivered.
Under this system as well expenses are recorded once incurred.
As such, the time of cash payment does not affect the recognition of revenue. When revenue is earned and cash is yet to be paid, the entries required are debit accounts receivable and credit revenue.
On payment of cash, the entries are posted between cash and accounts receivables.
First, we will calculate the net trade balance:
net trade balance = exports - imports = $5 billion - $16 billion = $-11 billions
Then, we will decide whether this is trade deficit or trade surplus. A trade surplus is when the value of exports is more than that of imports while a trade deficit is when value of imports is more.
From the mentioned values, it is clear that the US suffered from a trade deficit this year.
Value of trade deficit = $11 billion.