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3 years ago

Identify each of the following terms or phrases as an accounting (a) principle, (b) assumption, or (c) constraint.

Business

1 answer:

german3 years ago

7 0

Answer and Explanation:

The identification of the following terms as an accounting principle, assumption or constraint is

1 Business entity = Assumption

2. Measurement = Principle

3 Cost-benefit = Constraint

4 Revenue recognition = Principle

In this way the identification of the accounting terms would be done

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Jane is afraid of crowds. If her therapist uses systematic desensitization technique, Jane will be asked to

adell [148]

Jane will be asked to perform a task that counter her fear. For instance, she can be asked to attend a closed door party which will not allow anyone to leave until after the party. Systematic desensitization technique is a behavior therapy used by psychologists to help patients effectively overcome their fear and anxiety disorders. The method functions by exposing the patients to their fears gradually.

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3 years ago

Jamal Steel, a rapidly growing small steel company with annual revenues of $8 million is looking to buy a large industrial furna

Sloan [31]

Answer:

The correct answer is A. maker.

Explanation:

The manufacturing industry (manufacturing) is the production of added value of merchandise for use or sale using labor and machinery, tools, chemical and biological processes, or formulation. The term can refer to a wide range of human activities, from handicraft to high technology, but it is more commonly applied to industrial production, in which raw materials are transformed into finished products on a large scale. Such finished products can be used to manufacture other more complex products, such as airplanes, appliances or cars, or be sold to wholesalers, which in turn sell them to retailers, which they then sell to end users or consumers.

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3 years ago

Pera Inc. wishes to issue new bonds. These are 5-year bonds with semi-annual interest; $1,000 par value, and a yield to maturity

Gemiola [76]

Answer:

coupon rate= 13.5%

Explanation:

Giving the following information:

Number of periods= 5*2= 10 semesters

Par value= $1,000

YTM= 0.1/2 = 0.05

Price bond= $1,136

To calculate the coupon rate, first, we need to determine the coupon per semester using the following formula:

Bond Price= coupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

1,136 = coupon*{[1 - (1.05^-10)] / 0.05} + [1,000/(1.05^10)]

1,136 = coupon*7.722 + 613.91

522.09 = coupon*7.722

$67.61=coupon

Now, the coupon rate:

Coupon= par value*(coupon rate/2)

67.61= 1,000*(coupon rate/2)

67.61= 500coupon rate

0.135=coupon rate

coupon rate= 13.5%

5 0

3 years ago

An investor company owns 30% of the common stock of an investee company. The investor has significant influence over the investe

MAVERICK [17]

Answer:

Income for investee during the year ended December 31th 2019: $ 17,200

Explanation:

Purchase value 525,000

Equity proportion: 1,500,000 30% = (450,000)

Goodwill 75,000

Transactions during the year:

income 60,000 x 30% = 18,000

dividends 15,000 x 30% = (4,500)

unrealized profit 2018:

30,000 = cost (1.25)

30,000 / 1.25 = 24,000

gross profit 6,000

unrealized gain: 6,000 x 30% = (1,800)

unrealized profit 2019:

40,000 = cost (1.25)

40,000/1.25 = cost

cost = 32,000

gross profit: 40,000 - 32,000 = 8,000

proportion of unrealized gain:

8,000 x 30% = (2,400)

profit for 2018 realized 1,800

net adjustment 600

income from investee:

18,000 - 600 (net unrealized gain) = 17,200

6 0

3 years ago

The following information pertains to Lessor Company: Total assets $150,000 Total current liabilities 110,000 Total expenses 160

ipn [44]

Answer:

Achieved. The ROI currently is 13.33% So the prohect earning a ROI of 12% was accomplished

Explanation:

Return on Investment will be Income/ Investment Capital

Which in this case is defined as total assets.

So it would be Income / Total Assets

The last is a given figure: 150,000

Now let's first find out the income:

180,000 revenues - 160,000 expenses = 20,000 net income

Finally calculate the ROI 20,000/ 150,000 = 13.33%

8 0

3 years ago