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Photon
Positive externality is a benefit that is enjoyed by a third party as a result of business transaction. Third parties include any individual, property owner or an organisation or a resource that is indirectly affected. If a positive externality in consumption is present in a market, then the private benefit from a consumption will be different than the social benefit from consumption.
A prospectus is given to potential investors.
Answer:
a-3 / b-2 / c-4 / d-1
Explanation:
Notes to financial statements: Includes a summary of significant accounting policies and explanations of specific items on the financial statements.
The notes are required by the full disclosure principle. Also referred to as footnotes. Provide additional information pertaining to a company's operations and financial position.
Report of independent registered public accounting firm: Attests to the fairness of the presentation of the financial statements.
is a process designed to provide reasonable assurance regarding the reliability of financial reporting.
Management's discussion and analysis of financial condition and results of operations (MD&A): Is written by the company to help investors understand the results of operations and the financial condition of the company.
Disclosure is mandatory where there is a known trend or uncertainty that is reasonably likely to have a material effect on the registrant's financial condition or results of operations
Financial statements: Includes the income statement, balance sheet, statement of stockholders' equity, and statement of cash flows.
are reports prepared by a company's management to present the financial performance and position at a point in time.
Answer:
$6.71 per unit
Explanation:
The computation of average cost method is given below:-
Beginning Inventory
= 190 units × $7.30
= $1,387
Purchases
= 720 units × $7.30
= $5,256
Purchases
= 590 units × $5.80
= 3,422
Total units = 1,500
Total cost = $10,065
So, average cost per unit
Total cost ÷ Total number of units
= $10,065 ÷ 1,500
= $6.71 per unit
Therefore, to calculate the average cost per unit for May we simply divide 10,065 from 1,500