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vovikov84 [41]
3 years ago
8

Identify the framework for the entire accounting process and describe its components and how they fit together to form this fram

ework.
Business
2 answers:
jeka57 [31]3 years ago
5 0
 Accounting<span> is the </span>process<span> of constructing and maintaining financials. </span><span>
The framework for the entire accounting process is referred to as</span> definitional framework. The framework<span> provides a categorized structure that classifies the basic elements in </span>accounting. The accounting equality shows that the assets of a business are equal to its equities. This means that Assets = Equities.  Assets were defined earlier as the things of value owned by the business, or the economic resources of <span>the business. </span>
lawyer [7]3 years ago
4 0
<span>The entire accounting framework is derived from the accounting equation. Accounting equation is derived from the formula in which Assets equals the summation of Liabilities and capital. Assets consist of tangible and intangible assets. Liabilities can be short term or long term in nature. Also it can be secured or unsecured. Capital refers to the investments made the owner of the company.</span>
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Imagine that a local water company issued $10,000 ten-year bond at an interest rate of 6%. You are thinking about buying this bo
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Answer:

Explanation:

The $10,000 is the face value of the bond. Using a financial calculator, input the following to calculate the price at a year before maturity; i.e. at year 9;

Time to maturity; N = 10 - 9 = 1

Annual interest rate; I/Y = 9%

Annual coupon payment; PMT = 0

Face value of the bond; FV = 10,000

then compute present value ; CPT PV = $9,174.31

Therefore, you will pay less than $10,000 for the bond and the price would be  as above $9,174.31

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3 years ago
Watson Company has monthly fixed costs.. Watson Company has monthly fixed costs of $91,000 and what dollar amount of sales must
asambeis [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Watson Company has monthly fixed costs of $91,000.

Contribution margin ratio= 0.40

To calculate the dollar amount of sales, we need to use the following formula:

Break-even point (dollars)= (fixed costs + desired profit)/ contribution margin ratio

Break-even point (dollars)= 91,000/0.4= 227,500

A) Desired profit= 15,800

Break-even point (dollars)= (91,000 + 15,800) / 0.40= 267,000

B) Desired profit= 267,000

Break-even point (dollars)= (91,000 + 267,000) / 0.40= 895,000

C) Desired profit= 106,800

Break-even point (dollars)= (91,000 + 106,800) / 0.40= 494,500

D) Desired profit= 227,500

Break-even point (dollars)= (91,000 + 227,500) / 0.40= 796,250

5 0
3 years ago
Which of these is a reason why outsourcing continues to expand?
Vsevolod [243]

Answer:

the correct answer is (D) more expensive transportation

good luck

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2 years ago
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2 years ago
Explicate the irrelevance of learning styles<br>​
Leokris [45]

Learning styles are the best way to learn for a student has been debunked. However, learning styles are accepted in education as a way to promote the idea that student learns differently. Below is a further explanation.

<h3>The VARK Model</h3>

Education continues to promote learning styles as a way for teachers to support students and differentiate lessons. The multiple models related to learning styles, the VARK model is among the most widely used since it sufficiently addresses learner diversity and needs.

The VARK model stands for:

  1. Visual
  2. Auditory
  3. Reading/Writing
  4. Kinesthetic

Therefore, anything devoid of the above will be irrelevant.

learn more about learning styles: brainly.com/question/3274282

8 0
1 year ago
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