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ExtremeBDS [4]
3 years ago
13

Which accounting assumption or principle is being violated if a company reports its corporate headquarter building at its fair v

alue on the balance sheet? Monetary unit Full disclosure Historical cost Going concern
Business
1 answer:
BlackZzzverrR [31]3 years ago
5 0

Answer:

The answer is Historical cost.

Explanation:

Under the historical cost concept, an asset must be represented in the financial statements at the price it was acquired. However, if a substantial change has happened to the price over time, there is a method called revaluation an that proper technique must be applied to calculate the new value.

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A stock is trading at $50. You believe there is a 60% chance the price of the stock will increase by 10% over the next 3 months.
Ber [7]

Answer:

The answer is $475.

Explanation:

We have the writer of the put contract has the obligation to buy the share at $50 ( as the put is the at-the-money put) in 3 months time. The writer of the put also has received the premium at $650 for assuming the obligation to buy at the predetermined price.

Thus, the expected returns is calculated as below:

-[0.60 x 100 x Max[$0,$50 - ($50)(1.1)] + 0.30 x 100 x Max[$0,$50 - ($50)(0.95)] + 0.10 x 100 x Max[$0,$50 - ($50) (0.80)] + $650 = - [0.6 x 100 x 0 + 100 x 0.3 x 2.5 + 0.1 x 100 x 10] + 650 = $475.

6 0
3 years ago
Which of the following financial statements is also called a profit and loss statement?
Ne4ueva [31]

Answer:

Also known as the profit and loss statement or the statement of revenue and expense, the income statement primarily focuses on the company's revenues and expenses during a particular period.

5 0
3 years ago
You are planting seeds in a vegetable garden. According to the instructions on the seed​ packet, the seeds should be placed​ 12"
Leokris [45]

Answer:

A) the range of variation

Explanation:

In statistics, the range is a measure of variation which includes the highest value and the lowest value, in other words, the extreme points.

In this case, the range of variation represents the extreme points at which it is OK to plant our seeds. If we plant seeds more than 13" apart then we aren't doing it correctly, the same if we pant them less than 11" apart.

6 0
4 years ago
Some people contend that any ____ worldview will eventually fail because it wrongly assumes we now have or can gain enough knowl
Strike441 [17]

Answer:

human-centered

Explanation:

human-centered Worldviews is when human is been seen as crucial specie that exist on Earth. It should be noted that any human-centered worldview will eventually fail because it wrongly assumes we now have or can gain enough knowledge to become effective managers or stewards of the earth.

4 0
4 years ago
In order to disaffirm a contract, a minor must _____.
Marta_Voda [28]
<span>The minor must use the infancy doctrine. They can disaffirm at any time before reaching the age of majority under this standard. This allows a person under such an age to rescind the contract and receive compensation for the property (or concepts) in question.</span>
6 0
3 years ago
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