Answer:
as a footnote in financial statements or on the balance sheet
Explanation:
A loss contingency can be defined as the situation or occurrence in which there is uncertainty about an entity but that will be resolved when a/some future situation occurs or not.
Simply put, a loss contingency can be said to be loss of an entity that can be resolved later in future by the occurrence or not of an event.
When a loss can be reasonably estimated as seen from the question, it should be written as a footnote on a financial statement or on a balance sheet.
cheers.
Hello There! The Answer to this problem is: B, C, E, G
Explanation:
Answer:
The appropriate solution will be "$1320".
Explanation:
The given values are:
Material's actual quantity
= $6600
Standard price
= $2.00
Actual price
= $2.20
Now,
The material price variance will be:
= Actual quantity (Standard price - Actual price)
On substituting the values, we get
= 
=
=
($)
Answer:
the balloon payment after 300 months is $1,205,266.38
Explanation:
In order to pay the loan completely after 300 months, your monthly payment should be $1,948.75. Since you can only pay $800 per month, the loan's balance after 300 payments will be $1,205,266.38. This is irrational since you will end up owing 4 times the initial amount. You will never even be close to paying even the interest expense, so the principal increases every month.
I prepared an amortization schedule using an excel spreadsheet
Answer: Environmental context of the problem
Explanation:
The environmental context of the given problem basically consist of the various types of factors which have a huge impact on the marketing research related problems.
It basically helps in understanding the various types background related concepts about the industry and also about the client issue.
According to the given question, the marketing related issue basically include the forecast, past information and also the constraints of an organization by developing various types of technological skills in the firm.
Therefore, Environmental context of the problem is the correct answer.