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postnew [5]
3 years ago
6

In times of rising prices accounting on the basis of the historical cost

Business
1 answer:
NikAS [45]3 years ago
3 0
Understate profit and inflate assets
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The december 31, 2015, balance sheet of maria's tennis shop, inc., showed current assets of $1,145 and current liabilities of $9
Vitek1552 [10]

Net working capital is the difference between the Total Current Assets and Total Current Liabilities.

The December 31, 2015, balance sheet of Maria's tennis shop, inc., showed current assets of $1,145 and current liabilities of $935.

Hence, Net working capital as on December 31, 2015 shall be (1145-935) = $210


The December 31, 2016, balance sheet showed current assets of $1,360 and current liabilities of $1,035.

Hence, Net working capital as on December 31, 2016 shall be (1360-1035) = $325


So the change in the net working capital in the year 2016 shall be (325-210)= <u>$115</u>







7 0
3 years ago
Does the firm need to alter its choices of C and L to decrease​ cost? A. ​Yes, they need to increase Upper Lincrease L which wou
kherson [118]

Answer:

Yes, they need to increase Upper L which would cause MP Subscript Upper L to decrease and MP Subscript Upper C to increase.

Explanation:

In the specific problem outlined above, the company wants to maximize its revenue and ensure that the production cost is as low as possible for the given quantity of land, cement and the available labor. In order to ensure that this is possible, the company must try to increase the upper L so that there would be an increase in MP (subscript upper C) and a decrease in MP (subscript upper L).

4 0
3 years ago
What is a discretionary meaning?.
Fantom [35]

Discretionary meaning is the ability to make decisions based on one’s own judgement and experience. It involves the consideration of many factors, including ethical and moral considerations, and is often used in situations where there is no clear answer or the situation is complex.

What is Discretionary?
Discretionary
refers to a decision that is left up to you. You have the choice not to take regular baths; keep in mind, though, that your friends could perhaps disagree together on this. Bathing is a discretionary act. When money isn't set aside for a specific use, it's often referred to as discretionary. How discretionary funds should be used is up to the decision-makers in charge. The word discretion is the root of the word discretionary, which can be defined as "the right to decide stuff based on one's own judgement." If you're given a task to finish at your discretion, you can choose how to do it — as well as whether you want to do it at all.

To learn more about Discretionary
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#SPJ4

8 0
1 year ago
The method of informing that focuses on how something is similar to and different from other things is called:
yaroslaw [1]

Answer:

comparison and contrast

Explanation: the definitation and meaning is expained in speech chapter 12

4 0
3 years ago
Read 2 more answers
A firm is dependent on which of these to help it make decisions about production?
Delvig [45]
What r ur choices bud u dont have choices
6 0
3 years ago
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