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svp [43]
3 years ago
8

Match the financial statement with its description. To match them, click the Description and then click the Financial Report Nam

e

Business
1 answer:
kherson [118]3 years ago
7 0

Answer:

a-3 / b-2 / c-4 / d-1

Explanation:

Notes to financial statements: Includes a summary of significant accounting policies and explanations of specific items on the financial statements.

The notes are required by the full disclosure principle. Also referred to as footnotes. Provide additional information pertaining to a company's operations and financial position.

Report of independent registered public accounting firm: Attests to the fairness of the presentation of the financial statements.

is a process designed to provide reasonable assurance regarding the reliability of financial reporting.

Management's discussion and analysis of financial condition and results of operations (MD&A): Is written by the company to help investors understand the results of operations and the financial condition of the company.

Disclosure is mandatory where there is a known trend or uncertainty that is reasonably likely to have a material effect on the registrant's financial condition or results of operations

Financial statements: Includes the income statement, balance sheet, statement of stockholders' equity, and statement of cash flows.

are reports prepared by a company's management to present the financial performance and position at a point in time.

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To take advantage of an arbitrage opportunity, an investor would
Svetach [21]

Answer:

The answer is III) make simultaneous trades in two markets without any net investment.

Explanation:

Arbitrage is simultaneously buying an asset ( may be currency, securities...) in a low-priced market and sell it in a high-priced market.

As a results, the investor earns profit from price differences in the two markets without risk and net investment. It is because the two trading happens at the same time once price differences in any two markets are recognized ( arbitrage opportunities recognized) and the proceed of selling the asset is immediately used for financing/returning to the buying of the asset.

Thus, (III) is the correct answer.

5 0
3 years ago
(tco 7) which access control method is characterized by the information owner being responsible for assigning privileges to appr
Tems11 [23]
<span>Web applications need access controls to allow users (with varying privileges) to use the application.They also need administrators to manage the applications access control rules and the granting of permissions or entitlements to users and other entities. Various access control design methodologies are available. To choose the most appropriate one, a risk assessment needs to be performed to identify threats and vulnerabilities specific to your application, so that the proper access control methodology is appropriate for your application.</span>
3 0
3 years ago
Alternative Financing Plans Frey Co. is considering the following alternative financing plans: Plan 1 Plan 2 Issue 10% bonds (at
Alja [10]

Answer:

 1st Plan Earning per Share $  1.80

2nd Plan Earning per Share $ 2.30

<em>The Second Plan provides better earnings per share.</em>

Explanation:

1st Plan:

Income before Interest and taxes 1,008,000

Bonds Payable Interest:              <u>     (144,000)  </u>

Income before taxes                        864,000

Income tax expense                     <u>   (345,600)  </u>

Net Income                                        518,400

<u>Quantity of Common Stock:</u>

$ 1,440,000 / $5 = 288,000

Earing per share:

518,400 / 288,000 = $1.80

2nd Plan:

Income before Interest and taxes 1,008,000

Bonds Payable Interest:              <u>      (72,000)  </u>

Income before taxes                        936,000

Income tax expense                     <u>   (374,400)  </u>

Net Income                                        561,600

Preferred Shares Dividends            (120,000)

Available for common stock            441,600

<u>Quantity of preferred Stock:</u>

$1,200,000 / $10 =120,000 shares

Dividends on Preferred Shares:

120,000 x $1 = 120,000

<u>Quantity of Common Stock:</u>

$ 960,000 / $5 = 192,000

Earing per share:

441,600 / 192,000 = $2.30

3 0
3 years ago
If a government-imposed price floor legally sets the price of milk above market equilibrium, which of the following will most li
inessss [21]
B - The quantity of milk supplied will decrease
8 0
3 years ago
The process of estimating market value, investment value, insurable value, or other properly defined value of an identified inte
Shkiper50 [21]

Answer:

Valuation

Explanation:

Valuation -

It refers to the process of determining the worth of some object or property , is referred to as valuation .

Or ,

The method to find the present value of any asset is known as valuation .

The process of valuation can be done on objects like , stocks , patents , business enterprises , bond of the company , property etc.

The reason for getting valuation is for investment analysis , merger , taxable events , capital budgeting .

Hence , from the given scenario of the question ,

The correct answer is valuation .

5 0
3 years ago
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