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
postnew [5]
3 years ago
15

Why are overstated reserves sometimes referred to as "cookie jar" reserves? a. Companies involved in mergers or acquisitions ove

rstate their liabilities by creating cookie jar reserves. b. he reserve is commonly created during bad times or when routine senior management changes occur. c. Some companies may require customers to make deposits for future goods or services that can be intentionally recorded as revenue, which is like money stored in a cookie jar. d. Like money stored in a cookie jar, overstated revenues represent a stash of accounting earnings that can be used to bolster the perceived performance of the company in the future.
Business
1 answer:
VashaNatasha [74]3 years ago
6 0

Answer:

The correct answer is letter "D": Like money stored in a cookie jar, overstated revenues represent a stash of accounting earnings that can be used to bolster the perceived performance of the company in the future.

Explanation:

The secret reserve is a portion of the assets of a company that the organization <em>overstated </em>or <em>understated</em>. This is usually done when a company wants to make believe its competitors their financial statements are better than what they are. Though, those hidden assets can help a company to improve from an adverse situation if given at a certain period. That is the reason why secret reserves are compared to "<em>cookie jars</em>" where the money is saved as a precaution to face hardship.

You might be interested in
Defined by Miles as "a requirement of the activities of one subunit that is affected by the activities of other subunits" is a _
Natali [406]

Defined by Miles as "a requirement of the activities of one subunit that is affected by the activities of other subunits" is a <u>contingency</u>.

According to the contingency theory of management, situational circumstances can have an impact on the relationships between dependent and independent variables at work, which will have an effect on employee behavior, effectiveness, and behavior at work in general. Also known as the situational approach to management, this idea.

It is crucial to take into account the particular contingency factors that apply to each business in order to assess organizational data effectively and increase employee engagement. A need for one component's operations that affects those of another subunit is known as a contingency.

The above question is incorrect, the correct question is:

Defined by Miles as "a requirement of the activities of one subunit that is affected by the activities of other subunits" is a _________.

To know more about Contingency here

brainly.com/question/29816313

#SPJ4

4 0
1 year ago
Harwood Company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. The company's
Damm [24]

Answer:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base (machine hours)

Explanation:

Giving the following information:

The company's predetermined overhead rate of $2.40 per machine-hour was based on a cost formula that estimates $192,000 of total manufacturing overhead for an estimated activity level of 80,000 machine-hours.

To allocated overhead costs to a specific job, you need to multiply the estimated rate for the number of machine-hours required for the job.

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base (machine hours)

5 0
3 years ago
Crossfade Corp. has a bond with a par value of $2,000 that sells for $1,902.14. The bond has a coupon rate of 6.48 percent and m
Virty [35]

Answer:

yield to maturity = 7.06%

Explanation:

yield to maturity (YTM) is calculated using the following formula:

YTM = {C + [(FV - PV) / n]} / [(FV + PV) / 2]

  • FV = $2,000
  • PV = $1,902.14
  • C = $2,000 x 6.48% x 1/2 = $64.80
  • n = 12 x 2 = 24

YTM = {64.80 + [(2,000 - 1,902.14) / 24]} / [(2,000 + 1,902.14) / 2] = (64.80 + 4.0775) / 1,951.07 = 0.0353 or 3.53% semianually or 7.06% annually

Since the bond sells at a discount, its yield to maturity will be higher than the coupon rate.

8 0
3 years ago
YoYo Fashion December 31, 2013 balance sheet showed total common equity of $5,500,000 and 250,000 shares outstanding. During 201
abruzzese [7]

Answer:

$23.6 per share

Explanation:

Given that,

Total common equity = $5,500,000

Shares outstanding = 250,000

Net income = $525,000

Dividends paid out = $125,000

Total value at the end:

= Total common equity + Net income - Dividends paid out

= $5,500,000 + $525,000 - $125,000

= $5,900,000

Therefore,

Book value per share at 2014 year end:

= Total value at the end ÷ No. of shares outstanding

= $5,900,000 ÷ 250,000

= $23.6 per share

7 0
3 years ago
1. How is Unilever applying its understanding of internal consumer processes in the psychological core to market its products?
Vedmedyk [2.9K]

Answer:

Unilever is applying its understanding of internal consumer processes by using several points of the psychological core to market its product in order to create valuefrom customers in return. ... It creates a relationship between the customer and the brand.

Explanation:

3 0
3 years ago
Other questions:
  • WILL GIVE BRAINLY!!!!!!!!!
    13·1 answer
  • The palmer acres inn is trying to determine its break-even point during its off-peak season. the inn has 50 rooms that it rents
    8·1 answer
  • If an organizational manual exists, a description of the division of work and the position shown on the organization chart will
    9·1 answer
  • The probability of survival for an international business increases if it: Group of answer choices A. enters a national market a
    15·1 answer
  • Kevin meets with a young man who wants to start saving for his son’s college education. What is Kevin’s profession?
    13·2 answers
  • How do you prepare a balance sheet
    15·2 answers
  • A hardware store ordered 200 cans of wood stain in various shades. The written contract between the store and manufacturer provi
    7·1 answer
  • At the beginning of the period, the Assembly Department budgeted direct labor of $60,500 and property tax of $26,000 for 5,500 h
    8·1 answer
  • A political leader suggesting that an economic downturn will be cushioned by nondiscretionary fiscal policy is referring to:____
    15·1 answer
  • The company's adjusted trial balance includes the following account balances cash is 15000 equipment is 85000 accumulated deprec
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!