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3 years ago

12

Contingent liabilities should be recorded in the accounts when: it is possible the future event will occur the amount of the lia

bility can be reasonably estimated. both of the above either of the above

1 answer:

slava [35]3 years ago

3 0

Either of the above would be correct

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Exercise 21.2 you are the dba for the veryfine toy company and create a relation called employees with fields ename, dept, and s

nekit [7.7K]

Check the attached files for the solution.

3 0

4 years ago

Leah, Inc., is proposing a rights offering. Presently there are 1,000,000 shares outstanding at $78 each. There will be 100,000

Anvisha [2.4K]

Answer:

the new market value of the company is $85,000,000

Explanation:

The computation of the new market value of the company is shown below:

= Number of shares × price per share + new shares × price per share

= 1,000,000 × $78 + $70 × 100,000

= $85,000,000

Hence, the new market value of the company is $85,000,000

We simply applied the above formula so that the correct value could come

3 0

3 years ago

(1) By early 2008 the U.S. economy was in a significant downturn. The unemployment rate began to

alexandr1967 [171]

Answer:

The economic principle governing the congressional package is known as economic stimuli.

Explanation:

The phenomenon of Economic stimuli is described as a change in economic or fiscal policy to enable economic growth in an economic slump. Some of the other activities may include dropping interest rate or quantitative easing.

7 0

3 years ago

Jamie earned a raise in pay when he finished the training for the Technician 2 position. He will receive another raise when he f

coldgirl [10]

Answer: Structured compensation program

Explanation: In a structured compensation program the company structures the pay of employees on the basis of a predetermined criteria. The abilities needed to get promotion in such structure could be fixed on the basis of time period served or any other such criteria.

In the given case, Jamie gets promotion at every stage by passing a certain test. Thus, we can conclude that the company is performing structured program.

5 0

3 years ago

What is the difference between having a co-signer and becoming an authorized user?

prohojiy [21]

Answer:

The correct answer is letter "D": As a co-signer, you open an account and an adult signs on with you; as an authorized user, you are added to someone’s existing account

Explanation:

Co-signers are individuals that could help others to open a credit card account in case that person does not meet specific credit history requirements but the credit card issuer. Co-signers must be 21 years old. Authorized users are added to the account to request information, change it, or make payments.

8 0

3 years ago

Read 2 more answers