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4 years ago

Government regulations on credit aim to

Business

2 answers:

stepan [7]4 years ago

6 0

Answer:

A. ensure lenders are rapaid.

marin [14]4 years ago

6 0

I think the government regulations on credit aim was to A. ensure lenders are repaid

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Ultimate Company is a defendant in a lawsuit alleging damages of $3 billion. The litigation is expected to continue for several

Goshia [24]

Answer:

Option B.

Explanation:

A loss contingency refers to a charge to expense for what is considered to be a probable future event, such as an adverse outcome of a lawsuit. A loss contingency usually gives the person who is reading an organization's financial statements an early warning of a payment which is impending, and which is related to a likely obligation.

In the scenario presented above, we can see that Ultimate Company is involved in a lawsuit and might be expected to pay $3 billion, this reflects the situation of a loss contingency which should be disclosed in notes to Ultimate Company's financial statements.

5 0

4 years ago

Read 2 more answers

On January 1, 2018, Gridley Corporation had 375.000 shares of its $2 par value common stock outstanding. On March 1, Gridley sol

Allushta [10]

Answer:

weighted-average shares outstanding: 1,075,000

Explanation:

We need to multiply by the shares movements by the months remaining to complete the year. Thus, assinging a weight to each share.

Jan 1st: 375,000 x 12/12(all year) = 375,000

March 1st: 750,000 x 10/12(from March 1st to Dec 31th) = 625,000

May 1st: 20% stock dividends: (375,000 + 750,000) x 20% x 8/12 =

225,000 x 8/12(May 1st to Dec 31th) = 150,000

August 1st: (420,000) x 5/12(August 1st to Dec 31th) = (175,000)

November 1st: 600,000 x 2/12(November 1st to Dec 31th) = 100,000

375,000 + 562,500 + 150,000 - 175,000 + 100,000 = 1,075,000

4 0

3 years ago

Because we often cant choose who our coworkers will be we should

Vanyuwa [196]

Practice working with others even if you don't fell comfortable with this person, or necessarily like them at all.

6 0

3 years ago

The existence of conflict is an inevitable part of group dynamics.true or false

Elden [556K]

Answer:

The statement is true

Explanation:

Group dynamics is a system of processes of psychological and behaviours which is occurring within a social group. As group is of two or more people so they have different behaviour or act upon differently. So, there is existence of conflict is an inevitable or unavoidable is a part of the group dynamics.

It could happen when the group does not agree on single decision or to act in favour.

4 0

3 years ago

Consider the following statements regarding Company A and Company B:The two companies have identical operating results but have

Natalija [7]

Answer:

A. A only

Explanation:

U.S. Generally Accepted Accounting Principles (GAAP) does not allow property, plant, and equipment to be written up or revalued. If the fair value of PP&E falls below the book value and the amount is material then a company must write down the asset to fair value.

Since under US GAAP, once PPE is written, it can not be reversed. as Company B is indicated to have reversed the write down while company A did not. It therefore means that Company A only is reporting under US GAAP.

7 0

4 years ago