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vodka [1.7K]
3 years ago
15

Capitalizing goodwill only when it is purchased in an arm's-length transaction, and not capitalizing any goodwill generated inte

rnally, is an example of...(a)Accrual accounting winning out over cash-basis accounting.(b)GAAP winning out over IFRS.(c)Faithful representation winning out over relevance.(d)Financial accounting winning out over managerial accounting.
Business
1 answer:
stiv31 [10]3 years ago
7 0

Answer:

The correct answer is (C)

Explanation:

They are the two crucial characteristics that are general used to make accounting data more useful to make long-term decisions. To be exact, faithful representation helps to attain the relevant data for the company and this quality enhances the reliability of financial data. Completeness, fairness and free of error these three characteristic are a part of faithful representation of data.

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The current price of a stock is $50, the annual risk-free rate is 6%, and a 1-year call option with a strike price of $55 sells
wariber [46]

Answer:

$9.00.

Explanation:

The computation of the value of a put option is shown below:

Data provided in the question

Current price of the stock = $50

Risk free rate = 6%

Strike price = $55

Sale price = $7.20

Based on the above information

The value of put option is

Put = V - P + X exp(-r t)

= $7.20 - $50 + $55 e RF  - 0.06(1)

= $7.20 - $50 + $51.80

= $9.00

Hence, the value of put option is $9

6 0
3 years ago
He loves me, he gives me all his money, that gucci prada comfy, my suger daddy:)
ladessa [460]

Answer:

what did he sayyyyyyyyyy

3 0
3 years ago
Read 2 more answers
Dozier and his wife, daughter, and grandson lived in the house Dozier owned. At the request of the daughter and grandson, Pascha
liubo4ka [24]

Answer: Yes

Explanation: In the above case, a quasi-contract was formed. This is when a bilateral contract is not in place but one party will enjoy the benefit of the activities of the other party and may be enriched  by it.  

A bilateral agreement is the exchange of a promise for another and in this case would have been, the promise that Dozier would pay for Paschall’s work. This was not established, however, Dozier will benefit from Paschall’s work unduly if he does not pay for the improvements. The law holds that he has to pay for Paschall’s work to prevent being unjustly enriched.

6 0
3 years ago
____________ is a condition that must be satisfied before a party’s contractual obligation to perform becomes absolute (e.g., Bo
statuscvo [17]
Consent I think is the answer
8 0
3 years ago
To avoid accepting projects that actually should be rejected, a company should ignore intangible benefits in calculating net pre
Alex Ar [27]

Answer:

false

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.  

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Monetary amounts should be allocated to intangible benefits and incorporated into the calculation of NPV

8 0
3 years ago
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