Answer:accrual basis
Explanation: the need the truth on the accounting princess so it has to be to accrual basis
Answer:
A) Valuable assets such as the company's reputation, the quality of its work force, and the strength of its management are not captured on the balance sheet.
Explanation:
As we know that the balance sheet records the assets, liabilities and the equity of the company. Now the main problem with the balance sheet is that the valuable assets such as reputation of the company, work force quality, management strength would not captured here as it only records the monetary transactions.
Therefore the correct option is a.
Answer:
$50
Explanation:
Jim buys a 5% bond
The amount is $100
The market interest rate increases to 10%
Therefore the price at which the bond cann be sold is calculated as follows
= 5×100
= 500×0.01
= 50
Hence it can be sold for $50
For each of the following goods that are imported in the United States, abundant input is the only source of comparative advantages that accounts for that country's comparative advantage. Therefore, the option A holds true.
<h3>What is the significance of a comparative advantage?</h3>
A comparative advantage can be referred to or considered as a situation in which a producer has an economic advantage over the other in a number of economic activities. At least two economies need to be a part of the society for the occurrence of a comparative advantage.
Abundant inputs is one of the key sources of comparative advantage. It is considered as a source that can account for another country's comparative advantage, when it lets the United States import its goods.
Therefore, the significance regarding comparative advantage has been aforementioned.
Learn more about comparative advantage here:
brainly.com/question/13221821
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Answer:
$11,160.097
Explanation:
Data provided in the question:
Future value of machine = $44,309.00
Time, n = 16 years
Discount rate, r = 9.00% = 0.09
Now,
The amount Derek is will to pay will be the present value of the machine
Also,
we know
Future value = Present value × (1 + r)ⁿ
on substituting the respective values, we get
$44,309.00 = Present value × (1 + 0.09 )¹⁶
or
$44,309.00 = Present value × 3.97
or
Present value = $44,309.00 ÷ 3.97
or
Present value = $11,160.097
