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baherus [9]
3 years ago
6

Which of Graeter’s stakeholders are most affected by the family’s decision to take a long-term view of the business rather than

aiming for short-term profit?
Business
1 answer:
DanielleElmas [232]3 years ago
6 0

Answer:

Employees, owner of the business and investors

Explanation:

Family decisions are biased and they can change business decision over the course of period. In the above scenario, graters family has decided to take a long term view of the business rather than short term profit will greatly affect the employees, owner of the business and investors. Family decisions can affect a stakeholder that is why it is recommended that family and business should remain apart.

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On December 31, 2016, Marin Inc. borrowed $4,500,000 at 12% payable annually to finance the construction of a new building. In 2
denis23 [38]

Answer:

$274,500

Explanation:

*March 1 : Amount spent = 540,000;  Period = 10

Weighted average accumulated expenditure = (10/12)*540000= 450,000

*June 1: Amount spent = 900,000;  Period = 7

Weighted average accumulated expenditure = (7/12)*900000= 525,000

*July 1: Amount spent = 2,250,000;  Period = 6

Weighted average accumulated expenditure = (6/12)*2250000= 1,125,000

*December 1: Amount spent = 2,250,000;  Period = 1

Weighted average accumulated expenditure = (1/12)*2250000= 187,000  

Therefore total Weighted average accumulated expenditure = 2,287,500

Interest on weighted average = 12%  *  2,287,500  = 274,500 = Avoidable interest

Calculation of Actual interest on the instruments;

Bond: 13%*6,000,000= 780,000

Note: 10%*2,400,000= 240,000

Loan: 12%*4,500,000= 540,000

Actual interest = 1,560,000

According to GAAP; The least amount between Actual Interest and Avoidable interest can be capitalized.

Following the figures above, amount of interest to be capitalized in 2017 in relation to the construction of the building is $274,500

4 0
3 years ago
The system in which the country pegs its currency (e.g., Chinese yuan, Saudi Arabian riyal) at a fixed rate to a major currency
Assoli18 [71]

The system described above refers to the Fixed Exchange Rate System.

<h3>What is the fixed exchange rate system?</h3>

The fixed exchange rate system is a term that refers to the exchange regime of a monetary unit whose value is adjusted according to the value of another reference currency such as the Dollar or the Euro.

According to the above, the currencies of different countries gain or lose value according to their change with respect to the reference currencies.

This system has become widespread in the world with the aim of facilitating trade and investment between countries with the reference currencies.

Learn more about currency in: brainly.com/question/13684639

4 0
2 years ago
Balance sheet Current assets Current liabilities Summary of significant accounting policies Subsequent events Unqualified opinio
IgorC [24]

Answer:

a. Scope limitation or a departure from GAAP = Qualified Opinion

b. An organized array of assets, liabilities, and equity =  Balance Sheet

c. The statements are presented fairly in conformity with GAAP  = Unqualified Opinion

d. Items expected to be converted to cash or consumed within one year or the operating cycle whichever is longer  = Current assets

e. Will be satisfied through the use of current assets  = Current Liabilities

f. Occurs after the fiscal year-end but before the statements are issued. =  Subsequent Events

g. Important to a user in comparing financial information across companies. =  Summary of Significant Accounting Policies

h. Lacks physical substance = Intangible Asset

Explanation:

a. If there is any difference in presentation or preparation of financial statements, not in conformity with GAAP then , it will get qualified opinion.

b. Balance sheet states the balance of assets, stockholder's equity and liabilities on a particular day.

c. Unqualified opinion means a opinion by auditor which states that financial statements are true and fair.

d. Current assets are short term generally for a period less than a year, or operating cycle period, and will be converted into cash within that period.

e. Current liabilities will be settled through current assets.

f. Subsequent events are those which are held after balance sheet date, but before preparation of financial statements.

g. Summary of significant accounting policies is required to interpret the financial results and for clear understanding.

h. An intangible asset is the one which can not be touched but, is a mere certificate, or license or anything like that, as will increase assets but could not be seen.

3 0
3 years ago
You have gotten tired of working for a living and have taken a brainwave to buy a salvage vessel, cruise to Bermuda, and dive fo
Tcecarenko [31]

Answer:

1. I don't think the risk is worth taking because of the risks involved in the treasure hunt is High. so you just such it up and continue your regular job, because there is no full assurance that the treasure even exists.

2. The expected value of perfect information ill be given by \frac{1}{20} =0.05.

Explanation:

By the above perfect information on whether the treasure is real or not the chance of success is very slim, so it can easy go sideways for you, and making you lose your job at the same time while at the process of looking for a treasure you might not find probably.

5 0
3 years ago
For over 10 years, Erudite, a publishing and educational company that produces college textbooks, has been selling its books onl
muminat

Answer:

disintermediation

Explanation:

Disintermediation refers to the practice of diminishing the use of intermediaries (middlemen) between consumers and producers in future transactions.

Erudite stopped selling its books through studysmart and set up its website to sell its books. This change in channel organization is called disintermediation.

3 0
3 years ago
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