A
Explanation:
Because the judgement of executives does not adequately factor into a mathematical equation. it's like a judgement call only whereas the others can be used in an equation manner
Answer:
($148 million)
Explanation:
Calculation to determine Rapid Pac’s statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021
Cash flow from Investing activities ($ Million)
Proceeds from sale of land 12
Purchase of Investment (160)
Net cash inflows (outflows) from Investing activities ($148)
Therefore Rapid Pac’s statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2021 will be ($148 million)
Answer:
The entry is not required because the outcome is reasonably possible, not certain or probable. So IAS 37 says that the liability must not be recognized as the outcome is not reasonably certain or probable.
Explanation:
The liability must be included in the financial statement only if the outcome is certain or probable. In this scenario, the outcome is reasonably possible but neither certain nor probable in this situation. So the entry in the financial statement is not required. If the liability is of a huge amount then IAS 37 says that their must be a disclosure in the financial statement notes about the lawsuit.
Answer:
To isolate how a change in price impacts the change in quantity demanded.
Explanation:
In the case of the demand the thing that should be constant is the isolation that means if there is the change in price so the same got an effect in the change in the quantity demanded. So overall we can see that both price and quantity demanded could be impacted in an isolation
Therefore the above should be the answer
Hence, the other options seems wrong
Answer:
$3,750,000
Explanation:
The total amount of expense = current salaries +accrued salaries
The total amount of expense = $3,600,000+ $150,000
The total amount of expense= $3,750,000
The salaries are those expenses that are paid from the current financial resources. If the salaries are not being paid in the current year due to any reason it will be an accrued expense to the company and has to be paid in next year.
