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pashok25 [27]
4 years ago
15

PLEASE HELP, NEED TO PASS IT.

Business
1 answer:
DochEvi [55]4 years ago
3 0

Answer:

its B,C,E. i just took the practice review

Explanation:

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Under U.S. GAAP, if the carrying value of a fixed asset was $50,000, the undiscounted expected future cash flows was $55,000, th
ira [324]

Answer:

$0

Explanation:

According to US GAAP the reduction in the value of the asset due to a decrease in the fair value. It means when fair value of the asset is reduced than the book value of the asset.

Amortized Cost / Book value = $50,000

Market Value = $53,000

Discounted Value = $51,000

There is no Impairment loss on this asset as the fair market value is more than the book value of the asset.

7 0
3 years ago
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Difference between private and public company
djyliett [7]

<span>The difference between a privately-held and public company is that the owners of the private company are the company’s founders or a group of private investors while in the public company, the company has undergone an initial public offering that means the company sold a portion of its shares to the public. The management of a public company is answerable to the shareholders as opposed to the private company. A public company sells the shares of stock and is listed in the stock exchange while a private company is unlisted. </span>

6 0
3 years ago
Why do you think an entrepreneur might choose to keep a business small rather than expand it?​
SpyIntel [72]

Answer:

Growing a business is very difficult

Explanation:

There are a lot of factors that influence business growth, a large one is the amount of time and money an owner can devote to it. Growing a business is hard - an owner may need to hire more people, find more space, buy more inventory, market to more customers, and all these activities take time and money. A lot of small business are successful because they operate in a niche, e.g. a restaurant located across the street from a factory will get customers before and after the shifts, but if the owner opened a second location in a strip mall with other restaurants nearby they need to find an entirley different customer base that already is being served. Some small businesses, e.g. candle maker at a farmers market, started as hobbies for the owner that turned into a business, but the owner can't afford to quit their day job and make candles full time. Growning a business in some ways is a lot harder than starting one.

4 0
3 years ago
Alicia has a very simple tax return and some degree of tax knowledge. She wants to file taxes without spending any extra money.
Lena [83]

Answer: Alicia has a very simple tax return and some degree of tax knowledge. She wants to file taxes without spending any extra money. What is her BEST option for filing taxes? Independently prepare her taxes.

Explanation:

6 0
3 years ago
Which of the following is not included in the GDP?
Tema [17]

Answer:

C. Non-market activity

Explanation:

The GDP value represents the total of goods and services produced within the boundaries of a country. One method of calculating GDP is through the expenditure approach. the formula for this method is that GDP = C + G + I + NX where

C is the total of consumer spending.

G is the total value of the government's expenditure

I represent the summary of all investments.

NX is the net exports: total exports minus imports.

The GDP value does not include non-market activities.

3 0
3 years ago
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