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joja [24]
3 years ago
6

An opportunity cost may be described as:

Business
1 answer:
otez555 [7]3 years ago
8 0
Opportunity Cost is also known as Economic Opportunity Loss and it is the highest value alternative forgone.
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At the end of its 2020 fiscal year, Pastel, Inc., received an order from a customer for $40,000. The merchandise will ship early
exis [7]

Answer:

The answer is:

Disagree

The matching principle is violated

Explanation:

The order of a customer worth $40, 000 was received at year end. However, the merchandise will only ship in the year following the fiscal year. When goods are shipped, revenue is recognised on shipping the goods or receipt of the goods by the customer. According to the information provided, merchandise will only be shipped in 2021, therefore the customer will only receive the goods in 2021. Given this information, recognising revenue in the current period would be an incorrect treatment of the transaction and contravene the matching principle. This principle indicates that revenue and the costs associated with the revenue should be recognised in the same period.

The sale should not be recognised in 2020 because the goods' delivery and the costs incurred in delivering those goods will only be incurred in 2021. No indicated payment, cash or otherwise, was received in lieu of this transaction. Recognising  this sale in the income statement and the associated asset in the statement of financial position could be misconstrued as an attempted enhancement of Pastel Inc.'s financial position for the 2020 fiscal year end.

7 0
3 years ago
Read 2 more answers
santa klaus toys just paid a dividend of $2.10 per share. the required return is 11.5 percent and the perpetual dividend growth
Neporo4naja [7]

The value of stock after 5 years from today will be $29.48 considering the dividend paid and growth rate.

Given information:

Dividend per share = $2.10

Required rate of return = $11.5

Growth rate = 3% = 0.03

Dividend after 5 years = 2.10 (1+0.03) ^6 =$2.506

Value of stock= Dividend per share / (Required rate of return-growth rate)

Value of stock = 2.506/ (0.115-0.03) = $29.48

A stock is a colloquial phrase for any company's equity certificates. But at the other hand, a share alludes to a specific company's stock certificate. You become such a shareholder if you acquire shares of a particular corporation. There are two sorts of stocks: ordinary and preferred. The distinction is that whereas the owner of the former can exert right to vote in company decisions, the latter doesn't really. However, even before dividends are distributed to other shareholders, preferred shareholders have a lawful authority to a specific amount of dividend payouts.

Learn more about stocks here:

brainly.com/question/27385142

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5 0
1 year ago
You are shopping for a new car. You find the perfect vehicle and are now applying for a loan from your local bank. Unfortunately
uranmaximum [27]

The liability faced by the credit agency for its incorrect reporting of your credit history is that  your actual damages, plus an additional amount not to exceed $1,000, plus attorney’s fees.

<h3><u>What is liability?</u></h3>
  • A liability is a debt that a person or business has, typically in the form of money. Through the transmission of economic benefits like money, products, or services, liabilities are eventually satisfied.
  • Liabilities are items that are listed on the balance sheet's right side and consist of debts including loans, accounts payable, mortgages, deferred income, bonds, warranties, and accumulated expenses.
  • Assets and liabilities can be compared. Assets are items you own or owe money to; liabilities are things you owe money to or have borrowed.
  • A liability, in general, is an obligation between two parties that hasn't been fulfilled or paid for.
  • A financial liability is an obligation in the realm of accounting, but it is more specifically characterized by prior business transactions, events, sales, exchanges of assets, or services.

Under the Fair Credit Reporting Act, your damages are not $5,000 only. It is also not actual damages plus or $3,000 plus the attorney's fees.

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brainly.com/question/15006644

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6 0
1 year ago
Sarah has been working for a small sheet metal shop for a few weeks. Tom and Bill are the two foremen that supervise activities
AlekseyPX

Answer:

Unity of command.

Explanation:

Henri Fayol's 14 Principles of Management:

-UNITY OF COMMAND. Workers should receive orders from only one manager.  Who in turn is responsible to only one supervisor, and so on up the organizational hierarchy. This is true even if the top of the organization is led by a group of people.

-DIVISION OF WORK.  

-AUTHORITY & RESPONSIBILITY

-DISCIPLINE

-UNITY OF DIRECTION

-SUBORDINATION OF INDIVIDUAL INTERESTS TO THE GENERAL INTERESTS

-REMUNERATION

-CENTRALIZATION

-SCALAR CHAIN

-ORDER

-EQUITY

-INITIATIVE

-STABILITY OF TENURE OF PERSONNEL

-ESPIRIT DE CORPS

5 0
3 years ago
Aryn is a music fan, and she enjoys learning about how speakers and sound systems are wired. She is reading books
Lana71 [14]

Answer:

an apprenticeship done on the job

Explanation:

An apprenticeship is a method for tutoring new practitioners of a profession.  It entails on-the-job training coupled with some study (classroom work and reading). Apprenticeship is provided by a skilled, experienced, and licensed professional. The apprentice gets to learn practical aspects of a profession while earning.

Aryn would be best with an apprenticeship as she will not spend a lot of time in class. She will, however, acquire the skills she needs. Some apprenticeship may lead to certification.

4 0
3 years ago
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