In all situation where compromising will not harm you too much, or where gains from wining will be much less the looses from stress and conflicts.
Answer with Explanation:
Foreign exchange rates can have significant impact on the company's financial statements because the spot rate at that date can be affect the value of the company's assets. It is very common in consolidated financial statement of a multinational companies.
The impact on the financial statements can be as under:
- The fluctuation in currency value can under or over statement of assets, liabilities and Income & Expenses.
- The fluctuation makes the analysis of the financial statements meaningless. The performance of the company in a consolidated statement will be in a state that would not be better understood or time consuming by experts to develop understanding of what the financial statement is saying. It would be difficult for an ordinary person to understand the performance of the business.
- It can also also manipulate the value of the assets of the company because increase in devaluation of the currency means increase in inflation and vice versa.
- The value of the company acquired can be affected significantly which means that the investment (value of whole company) can turn into significant losses which means it can result reporting losses of in a consolidated financial statement. This would also result in decrease in the stock value of the group as a whole.
Answer:
1) Dr Petty Cash $600
Cr. Cash $600
2) Dr. Postage Expense $250.40
Dr. Office Supplies Expense $160.90
Dr. Miscellaneous expense $124.05
Dr. Cash over and short $8.3
Cr. Cash $543.65
Answer: True,
Preapproval is when the lender guarantees to loan you a set amount of money, so long as you meet certain conditions and the home meets their requirements.
To be pre-approved for a mortgage means that a bank or lender has investigated your credit history and determined that you would be a suitable candidate for a mortgage.
Answer: Option (D) is correct.
Explanation:
The economic efficiency is achieved at a point where demand curve and supply curve intersects each other. This point is known as market equilibrium. The area under the demand curve and above the equilibrium price level is known as consumer surplus.
The area above the supply curve and under the equilibrium price level is known as producer surplus.
Hence, the combine area of consumer surplus and producer surplus have to maximized to have a economic efficiency in an economy.
