Character is one factor used in determining credit worthiness true or false

What is enhanced by skillful organization of the information presented in a report? Transfer and affectation Readability and eff

Alborosie

Answer:

(a) Reliability and effectiveness

(b) Proposal, plan, and schedule

Explanation:

Highly organization including its knowledge provided in a study increases reliability and efficacy. However, throughout this case, the remaining survivors aren't relevant.
Proposal, strategy, and timetable is a portion of a proposal that addresses how you can tackle the issue. Although the other ones throughout this context aren't relevant.

7 0

3 years ago

1. A parent company acquires all of a subsidiary's voting stock at the beginning of 2018. At the date of acquisition, the subsid

mafiozo [28]

Answer:

D. Credit for $2.5 million

Explanation:

The depreciation expense to be recorded in the subsidiary individual accounts in respect of equipment is given below:

Depreciation expense to recorded in subsidiary accounts=$40 million/10

=$4 million

Since for the consolidated accounts we consider the fair value of the assets of the subsidiary and not the book values of assets, so for the purpose of consolidation, the depreciation expense of the equipment shall be recorded based on its fair value and not its book value in the following manner:

Depreciation expense to recorded in consolidated accounts=$15 million/10

=$1.5 million

Effect on consolidated depreciation expense= depreciation expense recorded in subsidiary accounts-depreciation expense recorded in consolidated accounts

Effect on consolidated depreciation expense=$4 million-$1.5 million

=$2.5 million

So based on the above calculation, the answer is D. Credit for $2.5 million

3 0

3 years ago

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1/1/2019 sally miller purchased $500 of merchandise on account; the cost of the item is $310

timofeeve [1]

<u>Solution and Explanation:</u>

date Particulars Debit Credit

1st january, 2019 Account receivable 500

Sales revenue 500

(To record sales on account)

Cost of goods sold 310

Merchandise inventory 310

(To record cost of goods sold)

31st january, 2019 Notes receivable 500

Accounts receivable 500

(To record notes receivable for the 60 days at the rate of 6 percent)

1st April, 2019 Allowances for Doubtfull accounts 500

Notes receivable 500

(In order to write off Sally Millers account, no interest revenue is to be recognised)

2nd May, 2019 Notes receivable 500

Allowances for doubtful debts 500

( in order to record re-instatement)

2nd May, 2019 Cash 507.50

Notes receivable 500

Interest revenue 7.5

( In order to record the payment received)

3 0

3 years ago

If uncertainty causes commercial banks to increase their holdings of excess reserves, other things constant, this will ____

Dimas [21]

If uncertainty causes commercial banks to increase their holdings of excess reserves, other things constant, this will <u>reduce the size of the deposit expansion multiplier</u>. This happens because when when they decide to increase their holdings it will reduce the size of the deposit.

8 0

4 years ago

staff salaries were $32,000/month last year and $47,000/month this year, what is the total yearly labor cost increase

shusha [124]

32000 + 15000 = 47000

Your answer is 15000

8 0

3 years ago

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