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Kamila [148]
3 years ago
6

Robles Manufacturing has eight different accounting policies that they need to disclose in their financial statements as well as

a statement of the risks, uncertainties, and estimates they used to calculate account values. The best way for Robles to disclose this information is to _______.
Business
2 answers:
Vladimir [108]3 years ago
6 0

Answer:

The correct answer is a Summary of Significant Accounting Policies.

Explanation:

An accounting policy is a set of specific principles, rules and procedures that are adopted by an entity to prepare and carry out the accounting statements or documents. Therefore, the existence of accounting policies is due to the fact that international standards-issuing agencies, and the country-specific accounting plans (which tend to establish the standards issued by those bodies), leave some freedom. That is, in various aspects, entities can choose between different options when presenting their financial statements. In addition, there may be cases that are not regulated by the rules.

nirvana33 [79]3 years ago
5 0

Answer:

include a summary of significant accounting policies with the financial statements.

Explanation:

The summary of significant accounting policies is a separate section that is included with the financial statements of a company. The SEC requires public corporations to include a summary of significant accounting policies as additional notes to financial statements. This summary describes the key accounting policies followed by the corporation's accounting department and by its external auditors. Both the GAAP and the IFRS require that companies include this summary, even if they are not publicly traded, but the legal obligation comes from the SEC.

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I have a few questions about finance. PLease answer correctly and completely! thx
Yuki888 [10]

Answer 1:

B is the answer.

Computers where there are many competitors with slightly differentiated products.

Explanation:

A market is characterized as a Perfect Competition where there are many buyers, many sellers and the products are either homogenous or slightly differentiated. There is also perfect knowledge about all the products and the nonexistence of monopoly. That is, no player in the market has leverage over which they can manipulate prices in their favor.

Answer 2:

A is the correct answer.

Operational Risk.

Explanation:

When there is the possibility for a loss arising from a dysfunctional internal process(es), inefficient employee(s), or even from external events, with a link to the internal dynamics of a company, the business is said to be exposed to Operational Risks.

Answer 3:

When there is an increase in interest rate, the following takes place:

  1. Businesses shy way from borrowing from the bank
  2. (due to the loss of leverage or increased cost of borrowing when they do) Production Cost increases
  3. When production costs increase prices of finished goods increases
  4. the above leads to a decrease in demand for finished goods
  5. and ultimately Consumer spending goes down

Cheers

6 0
3 years ago
Is gross profit or net profit more important to consider when you're deciding how successful and profitable a company is? Why?
Slav-nsk [51]
I took the business class last year but if I remember correctly Net profit is more important to consider because even if your net profit is 0, your company is still a success.
7 0
4 years ago
A firm has fixed operating costs of $253,750, a sales price per unit of $100, and a variable cost per unit of $65. The firm's op
Talja [164]

Answer:

$725000

Explanation:

The break-even point is the point at which the firms total expenses is equal to its total revenue and it neither makes a profit nor a loss. At any point before this, the firm makes a loss and at any point after this, the firm is making a profit. This is because, it has got to a point where after the unit variable costs are covered from the revenue, there is enough to cover fixed costs as well because the firm’s fixed costs are now being spread over a greater number of units.

The break-even point is calculated as:

Fixed costs / (Selling price per unit - variable cost per unit)

Hence, in this case : $253750 / ($100 - $65) = 7250 units.

In dollars, this would be...

Revenue : 7250 x $100 = $725000

Expenses : $253750 + ($65 x 7250) = $725000

7 0
3 years ago
In jack's home country, business negotiations focus primarily on immediate profits and quick temporary solutions. this trend bes
Stella [2.4K]
In Jack's home country, business negotiations focus primarily on immediate profits and quick temporary solutions. this trend best reflects to how an individual interprets and reacts to tasks, resulting in different patterns of cognition, affect and behavior. 
3 0
3 years ago
A rodent species that once experienced much predation now has lower predation risk. As a consequence, the mortality of maturing
USPshnik [31]

Answer:

A shift to later reproduction with benefit of higher fecundity, because of their smaller size.

Explanation:

When an organism faces high predatory risk they tend to adapt in order to survive predation. Generally the smaller an animal is the lower it's mortality.

So as the rodent has reduced predation it must have reduced its size.

The rodent will also be involved in reproductive activity that will increase it fecundity. That is a later reproduction with benefit of higher fecundity.

In a bid to survive extinction the rodent will have developed a strategy to have high reproduction of offspring and smaller size that promotes lower mortality.

7 0
3 years ago
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