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olganol [36]
2 years ago
7

What is business activity?​

Business
1 answer:
jenyasd209 [6]2 years ago
4 0

Answer:

Business activities include any activity a business engages in for the primary purpose of making a profit. This is a general term that encompasses all the economic activities carried out by a company during the course of business.

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Accounting standard-setters use the following process in establishing accounting standards:__________. A. Discussion paper, rese
Sergeu [11.5K]

Answer:

Option D Research, discussion paper, exposure draft, standard.

Explanation:

The reason is that the International Accounting Standard Board conducts the research which includes the issues arising in the current standard due to advancement in environment. This requires that the company consider all the valuable suggestions fromt the professionals around the world. After a great discussion, the IASB chooses the best recommendations and publishes exposure draft which to review the judgement made. After careful review of the exposure, IASB issues new international accounting standard which results in abandoning the application of previous international accounting standard in two years time and opting to the new international accounting standard.

4 0
3 years ago
Read 2 more answers
Ballpark has shares of par common stock outstanding. Ballpark announces a stock split of for1. What is the effect of the​ split?
Harman [31]

Answer:

The answer is 'it increases the number of shares outstanding'

Explanation:

Stock split increases the number of shares outstanding. It causes dilution of earnings per share.

For example, ABC Inc. has 50,000 shares outstanding and it announces a stock split of 3-for- 1.

This means that any shareholder that has 1 will exchange that 1 share for 3 shares. So at the end of the stock split the total number of shares outstanding will be 150,000 shares (50,000 x 3)

6 0
2 years ago
Jakarta Company is a service firm with current service revenue of $500,000 and a 40% contribution margin. Its fixed costs are $8
Lady_Fox [76]

Answer and Explanation:

The computation of the margin of safety is shown below:

As we know that

margin of safety = Actual sales - break even sales

For Jakarta, it is

= $500,000 - ($80,000 ÷ 0.40)

= $500,000 - $200,000

= $300,000

And, for maldives, it is

= $6,620,000 - ($2,151,500 ÷ 50%)

= $2,317,000

7 0
2 years ago
Help pls ❗️❗️this is hard
ollegr [7]
It is the last one, 7 days
5 0
3 years ago
A salesperson is trying to sell you a phone that has 16gb of memory saying, “that’s enough space to record an hour of high quali
Reptile [31]
A 16GB memory has the capacity to hold much more than an hour of high quality video. The quality of a video determines how much space it will occupies. An average top quality video can not be more than 3.6 GB in size. This means that, a 16 GB memory will hold more than fours hours long video recording. It can be much more than this is the video is of low quality.
5 0
2 years ago
Read 2 more answers
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