Answer: Will report a liability of $5000 for judgement debt and a claim of $11,000
Explanation:
The liability refers to the obligations of the firm which are certain is going to make payment as compensation.
The $5000 liability, although payment has not been made it's already Incurred by the company under the acural concept.
The claim of $11,000 is only probable and not certain even though amount and time of execution can be estimated, since it's not certain it will only be recorded as a claim in the goverments fund balance sheet.
Answer:
Rate of return a firm must earn on its existing assets to maintain the current value of its stock.
Explanation:
The expected return is calculated on cost of capital, and that the cost of capital is weighted average cost of capital.
This is because weighted average cost of capital is the cost of capital which is based on the overall risk and weights of capital in the total capital of the company.
When the net return on total capital is less than weighted average cost of capital it means the company is not able to meet the total cost of capital and accordingly, the company faces some sort of losses.
Therefore, minimum return shall be equal to weighted average cost of capital.
If you put a narrow beam of sunlight through a prism, the prism will bend different light wavelengths differently, allowing the sun's white light to diffuse into a rainbow of hues.
Dark lines known as absorption characteristics can be seen against the spectrum's brighter background.
<h3>What is Splitting of Light?</h3>
- If you put a narrow beam of sunlight through a prism, the prism will bend different light wavelengths differently, allowing the sun's white light to diffuse into a rainbow of hues.
- Dark lines known as absorption characteristics can be seen against the spectrum's brighter background.
- By having differing optical densities, different materials can be recognized from one another.
- The tendency of a substance to slow down light as it travels through it is simply measured by the optical density. As was previously said, a light wave passing through a transparent substance interacts with its atoms.
- When a light wave strikes an atom of the substance, that atom absorbs the light wave.
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Answer:
reported value of Montana’s inventory is $566000
Explanation:
given data
Cost as per FIFO = $630,000
Selling price = $ 600,000
Costs to sell = 34,000
Replacement cost = 541,000
to find out
What should be the reported value of Montana’s inventory
solution
we get here Net Realizable value
Net Realizable value NRV = Selling price - costs to sell
NRV = 600,000 - 34,000
NRV = $566000
so
we know Inventory should be reported at lower of Cost or NRV
so here Replacement cost is lower than NRV
but lowest that can be reported is lower of NRV & Cost
so that floor is the NRV $566000
so reported value of Montana’s inventory is $566000
Answer:
False.
Explanation:
Wholesalers are used to sell consumer products.. but not business products.
