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DerKrebs [107]
3 years ago
11

The federal accounting standards advisory board's mission is to serve the __________ interest by improving federal financial rep

orting through issuing federal financial accounting standards.
Business
1 answer:
rosijanka [135]3 years ago
4 0

Hey there

the answer is

to serve the publics interest

thank you

OFFICIALLYSAVAGE2003

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"Suppose a country's real GDP per capita was $9,000 in 1990, and it grew to $18,000 by 2000. What is the annual growth rate of t
zalisa [80]

Answer:

The Annual Growth Rate of the country's real GDP per capita during these 10 years is 7.18%.

Explanation:

The formula that is used to calculate Annual Growth Rate over a number of years is given below:

                   { [ (New Value / Old Value) ^ (1 / n) ] - 1 } * 100

where

New Value = 18,000

Old Value = 9,000

n = Number of Years: In this case. 2000 - 1990 = 10 years.

6 0
4 years ago
What is the term used to describe a systematic process of objectively obtaining evidence regarding assertions about economic act
Norma-Jean [14]

Answer:

c. External audit.

Explanation:

These are options for the question

a.

Internal audit.

b.

Financial audit.

c.

External audit.

d.

Integrated audit

External audit in finance in finance is usually carried out by an external auditor to examine financial statement of an organization. It helps to know

the economic actions going on in the organization and how accurate is the financial statement.

It should be noted that External auditor that carry this out should be from another organization different from the company that the auditing is carried out in.

6 0
4 years ago
Rommer Company purchases Daley Inc. for $4,700,000 cash on January 1, 2020. The book value of Daley Company's net assets, as ref
Nata [24]

Answer:

$25,000

Explanation:

Calculation to determine How much goodwill should be recognized by Rommer Company when recording the purchase of Daley Inc.

Using this formula

Goodwill=Beginning cash-Ending book value-Fair value tangible assets-Fair value intangible assets

Let plug in the formula

Goodwill=$4,700,000-$4,000,000-$525,000-$150,000

Goodwill=$25,000

Therefore the goodwill that the company should be recognized by Rommer Company when recording the purchase of Daley Inc. $25,000

5 0
3 years ago
You are due to receive a lump-sum payment of $1,350 in four years and an additional lump-sum payment of $1,450 in five years. As
FrozenT [24]

Answer:

2560.50

Explanation:

For bond valuation, the investor would be willing to pay, at the most, the present value of the future income stream discounted at 2%. Thus, the value of the bond can be determined as follows:

Years  1 2 3 4 5 Total  

Principal              1,350 1,450 2,800  

Interest  0    0      0      0       0        0  

Total inflow 0 0  1,350 1,450 2,800  

[email protected]% 0 0 0  1,247 1,313 2,561

8 0
3 years ago
If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that:________
Neko [114]

If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that marginal physical product is negative.

What is the change in total output that results from hiring one additional worker?

The difference in production brought on by using an additional unit of labor is known as the marginal product of labor.

Does hiring additional workers increase the total revenue at a decreasing rate?

Total output increases with additional employees, although at a slower rate. a stage of production where an increase in the labor force leads to a decline in labor's marginal product. With each new unit of labor added to the mix, a company with this will produce progressively less production.

Learn more about marginal product of labour: brainly.com/question/16690539

#SPJ4

7 0
2 years ago
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