Answer:
The correct answer is True.
Explanation:
Retained earnings are those net profits that the company decides not to distribute as dividends among its shareholders.
The retained earnings are dedicated to reinvestment in the form of equipment, research and development and other elements such as paying financial obligations. One of the purposes, in addition, is to preserve the liquidity of the company.
Many companies resort to retained earnings as a way to finance the company, as it is an effective way to avoid the outflow of money and have to resort to new obligations (that is, more indebtedness).
Answer:
Explanation:
we assume fees paid as annuity(PMT)
Now we have to find Present Value (PV) of annuity
PV = PMT*(1-1/(1+r)n ) / r
PMT = 10600
n = 8 payments
3.9% compounded semi annual
r = 3.9% / 2 = 1.95% = 0.0195
PV = 10600*(1-1/(1+0.0195)8 ) / 0.0195
PV = 10600*0.143155 / 0.0195 = 73412.820513
Answer:
B. The difference between what was actually incurred and overhead applied.
Explanation:
This could be simply as the difference of what was actually incurred and overhead that was been applied or it could be the difference between the amount that would be absorbed into the cost/unit of the actual units of a certain commodity been produced, and the actual cost of the fixed overheads.
This could be seen in a certain number of labor hours taken to manufacture a an amount of product, as it may differ significantly from the standard or budgeted number of hours of the work been done.
Answer:
The correct answer is Option B.
Explanation:
International Accounting Standards Board (IASB) was established in 2001 to replace the International Accounting Standards Committee. It is a private-sector and independent body that approves and develops International Financial Reporting Standards (IFRS). IFRS is an accounting standard that tends to uniform the financial reporting standards across different organizations across different countries. The IASB also makes pronouncement on new and emerging IFRS standards.
Answer: borrower or as a demander of funds
Explanation:
Bob new startup goes public and sells shares of future profits. Bob startup is best described as a borrower or as a demander of funds.
This will be considered to be a borrower or a demander of bonds due to the fact that future profits are being provided to shareholders as shares.