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ololo11 [35]
3 years ago
6

________________indicates that fair value changes subsequent to purchase are not recorded in the accounts. (Do not use revenue r

ecognition principle.) (select an option)
a. Economic entity assumption
b. Going concern assumption
c. Measurement (historical cost principle)
d. None of the above
Business
1 answer:
pav-90 [236]3 years ago
3 0

Answer:

C. Measurement (historical cost principle)

Explanation:

Measurement indicates that fair value changes subsequent to purchase are not recorded in the accounts

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The marketplace sets the price for wheat, so farmers who are trying to sell their wheat crops do not need a pricing strategy and
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Answer:

The correct answer is option c.

Explanation:

The only kind of market structure where the price is set by market forces and not the firms is pure competition. The firms in other market structures such as oligopoly, monopoly and monopolistic competition are price setters.  

The market for wheat is a pure competition as there is a large number of sellers who are producing identical products. The firms are price takers and the price is determined by market forces.

5 0
3 years ago
Which of the following is true of a person with a high credit score?
dsp73
Your credit score is used as indicator of your creditworthiness. This means how likely you are to pay off debts and other financial obligations. A person with a high credit score should have a high credit worthiness, or likelihood to be responsible with credit.

A person who pays bills on time has demonstrated that she takes her financial obligations seriously, and this trait positively affects her credit score. The answer is A. 

B and C would most likely be associated with a person with a low credit score, since they demonstrate lower creditworthiness. 
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3 years ago
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Complete the statements about a career as an applied mathematician by correctly filling in the missing information. If you’re th
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Answer:

Mathematical literacy is the ability to analyze, reason, and communicate ideas effectively through posing, formulating, solving, and interpreting solutions to mathematical problems in a variety of situations.

The following clusters should be researched;

• Probability/Statistics

• Research/Optimization

• Discrete Mathematics

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The programs that emphasize mathematical reasoning, mathematical modeling and computation, abstraction from the particular, innovative application of mathematics, and development of new methodology.

Explanation:

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3 years ago
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​matthew's fish fry has a monthly target operating income of​ $7,200. variable expenses are​ 60% of sales and monthly fixed expe
slamgirl [31]

Given, Operating income = 7,200

Fixed expenses = 1800

Let the target sales be assumed to be X

Sales = 7200 + 1800 + 0.6*Sales

X = 7200 +1800 +0.6X

X-0.6X = 9000

0.4X =9000

X = 22,500

Target Sales = 22,500

Break even point = Fixed Costs/(Price -Variable cost)

Break even point = 1,800/(1-0.6) = 1,800/0.4 = 4,500

Break even point =4,500

Margin of Safety = (Target sales - break even point)/ Target Sales

Margin of Safety = (22,500-4,500)/22,500 = 18,000/22,500 = 0.8 = 80%

Margin of Safety =80%

7 0
3 years ago
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Help me please please​
Jobisdone [24]

Answer:

#2 is false.

Explanation:

Every person has their own taste in clothes or have their own style,Not everyone of the same race has a certain style they ALL have to dress

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