Which situation best illustrates an effect of the law of demand?

True or false: an external transaction is a transaction the firm conducts with a separate economic entity.

mixer [17]

It is true that an external transaction is a transaction the firm conducts with a separate economic entity.

<h3>What are internal and external transactions?</h3>

An internal transaction is any financial activity that occurs within an organization rather than with a third party. Usually, money is exchanged between divisions or between the business and its employees. Even while internal transactions aren't sales like external ones are, they still have an impact on the company's finances.

An external transaction is one that involves a third party from outside the transaction. A company conducts external transactions the majority of the time throughout an accounting period.

The acquisition of goods from a supplier, the payment of cash to a creditor, and the payment of wages to employees are examples of external transactions.

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7 0

1 year ago

Knowing that accounting and reporting laws differ widely around the world thereby posing risks for the international business, b

morpeh [17]

Answer: The answer is explained below.

Explanation:

Physical asset valuation is the process used to determine the fair market value of an asset. Research and development is the process whereby a company works in order to obtain new knowledge that will be used to create new technology, services, products, or systems.

Due to the different accounting practices which are accepted by different countries, companies has to consolidate their accounting into a standard. But in a situation whereby a foreign accounting procedure is translated to an accepted and followed standard, this might lead to valuation discrepancies. Therefore, an asset valued at certain amount may fall in value due to the foreign accounting standard used when compared to local accounting standards.

The same follows with the Research and Development cost as there is currency valuations involved and the gap in values of the currencies of the two nations can lead to differences in the the total cost of the project.

7 0

3 years ago

Oriole Corp. is a fast-growing company whose management expects it to grow at a rate of 24 percent over the next two years and t

Salsk061 [2.6K]

Answer:

1.What is the dividend for the 1st year?

$2.67

2.What is the dividend for the 2nd year?

$3.31

3.What is the dividend for the 3rd year?

$3.90

4.What is the dividend for the 4th year?

$4.60

5.What is the dividend for the 5th year?

$5.43

6.Compute the present value of these dividends if the required rate of return is 14 percent.

1. $2.34

2. $2.54

3. $2.63

4. $2.73

5. $2.82

Explanation:

Last Dividend paid = $2.15

Growth rate:

First two years = 24%

Following three years = 18%

FV of Dividend = PV ( 1 + g )^n

1.

Dividend for the 1st year = $2.15 x ( 1 + 24% )^1 = $2.15 x ( 1 + 0.24 )^1 = $2.15 x ( 1.24 )^1 = $2.67

2.

Dividend for the 2nd year = $2.15 x ( 1 + 24% )^2 = $2.15 x ( 1 + 0.24 )^2 = $2.15 x ( 1.24 )^2 = $3.31

3.

Dividend for the 3rd year = $3.31 x ( 1 + 18% )^1 = $3.31 x ( 1 + 0.18 )^1 = $3.31 x ( 1.18 )^1 = $3.90

4.

Dividend for the 4th year = $3.31 x ( 1 + 18% )^2 = $3.31 x ( 1 + 0.18 )^2 = $3.31 x ( 1.18 )^2 = $4.60

5.

Dividend for the 5th year = $3.31 x ( 1 + 18% )^3 = $3.31 x ( 1 + 0.18 )^3 = $3.31 x ( 1.18 )^3 = $5.43

6.The present value of these dividends

Present value of dividends can be calculated by following formula:

PV = FV / ( 1 + r )^n

FV = Dividend for the year

r = rate of return = 14%

n = number of years

1. PV = $2.98 / ( 1 + 0.14 )^1 = $2.98 / ( 1.14 )^1 = $2.98 / 1.14 = $2.34

2. PV = $3.31 / ( 1 + 0.14 )^2 = $3.31 / ( 1.14 )^2 = $3.31 / 1.2996 = $2.54

3. PV = $3.90 / ( 1 + 0.14 )^3 = $3.90 / ( 1.14 )^3 = $3.90 / 1.481544 = $2.63

4. PV = $4.60 / ( 1 + 0.14 )^4 = $4.60 / ( 1.14 )^4 = $4.60 / 1.68896 = $2.73

5. PV = $5.43 / ( 1 + 0.14 )^5 = $5.43 / ( 1.14 )^5 = $5.43 / 1.925416 = $2.82

5 0

3 years ago

if a trial balance totals do not agree, the difference must be entered in a. nominal account b. the profit and loss account C. t

Lena [83]

Answer:

d. the suspense account

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

In Financial accounting, if a trial balance totals do not agree, the difference must be entered in the suspense account

8 0

3 years ago

State-approved riots in which russian mobs brutally attacked jewish communities, destroyed homes and businesses and even murdere

Alecsey [184]

The answer is: pogroms

State-approved riots in which russian mobs brutally attacked jewish communities, destroyed homes and businesses and even murdered jews were called: pogroms.

<h3>What Exactly Is Community?</h3>

We are all united by the word "community," which is so straightforward to use. It depicts a situation that is so typical that we hardly ever take the effort to explain it. It looks so basic, normal, and human. As a sign of our sincere intentions, we frequently append it to the names of social developmentintents in the social sector (for example, community mental health, community policing, community-based philanthropy, community economic development).

However, the concept of community is nuanced. And, regrettably, a lack of knowledge about what a community is and its function in the lives of individuals in many civilizations has resulted in the failure of many well-intentioned "community" initiatives.

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3 0

2 years ago