Answer:
Whenever an accountant have some alternatives for reporting a transaction then there are some certain ethical issue for which an accountant must be aware;
1. is this method is permissible by the accounting standards?
2. Is this method permissible by the norms of the firm and industry?
3. Is this method violates ethical code of an accountant?
4. Is this method helps in maximizing overall welfare of stockholders?
5. Is this method helps in depicting true financial information to the stakeholders?
6. is this method really helps a firm in getting its objectives?
So before accepting any alternative an accountant should consider above mentioned points.
If alternative are successful on the above parameters then accountant can accept that alternative and in such case this alternative will not violate any ethical issue.
Explanation:
Answer:
Ending Work in Process $ 4640
Explanation:
<u>Sheridan Company</u>
<u>Shaping Department </u>
Ending Work in Process $ 4640
Materials = 2000 units*$2= $ 4000
Conversion= 2000 units *20%* $1.6= 400*$ 1.6=$ 640
We find the cost of ending inventory by multiplying the materials unit cost with the materials units and the unit conversion costs with the equivalent conversion units.All materials are included because the materials are added at the beginning of the process.
Answer:
The value of the firm's common stock is $48
Explanation:
The constant dividend growth model is used to determine the market value of the share and which can be expressed as:
here;
the value of the current market price of the share (P) = unknown?
The dividend expected in the next year (D) = $2.40
The required rate of return (r) = 12% = 0.12
The growth rate (g) = 7& = 0.07
Replacing the values into the above equation:
P = $48
Answer:
i Think the answer is A
Explanation:
it could be A because the college students want to reduce the detergent and want to try to response to the higher prices
Answer:
Explanation:
Lucy sued Zehmer to compel him to go through with the sale. Zehmer argued that he was drunk. The trial court agreed with Z. and Lucy appealed. and in the episode they were so much going on
