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photoshop1234 [79]

3 years ago

9

Trade-offs between the characteristics that make information useful may be necessary or beneficial. Issuance of interim financia

l statements is an example of a trade-off between:_______

1 answer:

SashulF [63]3 years ago

8 0

Answer:

A- relevance and reliability

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1. Which of the following statements is false?

Kipish [7]

Answer:

D

Explanation:

Can I get marked Brainliest

5 0

2 years ago

Howat Corporation earned $360,000 during a period when it had an average of 100,000 shares of common stock outstanding. The comm

Lyrx [107]

Answer:

The answer is:

A. Yes

B. 3.6

C. 3.43

Explanation:

A. Yes, the warrants is dilutive because the average market price($15) is higher than option price($10).

B. Since there is no preferred shares or preferred dividends, the basic earnings per share is:

Net income ÷ weighted average shares

= $360,000 ÷ 100,000 shares

= 3.6

C. First we need to find the incremental shares. The formula is:

[(average market price - option price) ÷ average market price]x number of shares

[($15 - $10) ÷ $15] x 15,000 shares

$0.33333 * 15,000 shares

5,000 shares

Total number of shares is now 105,000shares(100,000 shares + 5,000)

Therefore, diluted shares is now

$360,000 ÷ 105,000 shares

3.43

6 0

3 years ago

. Department C is the first stage of Cohen Corporation's production cycle. The following equivalent unit information is availabl

allsm [11]

Answer:

1,657,000 units

Explanation:

The FIFO method is concerned with the work done in the current production period.

<u>Equivalent Units of Production - Conversion Costs</u>

To finish Opening Work In Process ( 85,000 x 80%) 68,000

Started and Completed [(1,430,000 - 85,000) x 100%] 1,345,000

Ending Work In Process 305,000 x 80% 244,000

Total Equivalent Units of Production - Conversion Costs 1,657,000

therefore,

the equivalent units for the conversion cost calculation are: 1,657,000 units

6 0

2 years ago

If the secular trend of labor productivity rises from 2 percent per year to 4 percent, the number of years that it will take for

QveST [7]

Answer:

C. 17.5 years

Explanation:

6 0

3 years ago

Robo Hot Inc., is a company that markets electric heaters to hospitals. Mr. Heatmizer, it's CEO, would ike to reduce its invento

Kruka [31]

Answer:

Expected number of orders=31.6 orders per year

Explanation:

<em>The expected number of orders would be the Annual demand divided by the economic order quantity(EOQ).</em>

<em>The Economic Order Quantity (EOQ) is the order quantity that minimizes the balance of holding cost and ordering cost. At the EOQ, the holding cost is exactly the same as the ordering cost.</em>

It is calculated as follows:

EOQ = (2× Co D)/Ch)^(1/2)

Co- ordering cost Ch - holding cost, D- annual demand

EOQ = (2× 10 × 100000/2)^(1/2)= 3162.27 units

Number of orders = Annual Demand/EOQ

= 100,000/3,162.27= 31.62 orders

Expected number of orders=31.6 orders per year

7 0

2 years ago