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2 years ago

Which of the following statements is correct with respect to economic incentives to release financial information?

Business

1 answer:

makvit [3.9K]2 years ago

8 0

Answer:

Explanation:

If investors do not have adequate information about the company they are investing, they would demand an higher rate of return. This would increase the cost of raising capital. So, financial managers who want to raise capital at a cheap rate would have the incentive to disclose information

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Schrank Company is trying to decide how many units of merchandise to order each month. The company's policy is to have 25% of th

Elanso [62]

Answer:

the number of units to be purchased in September is 43,000 units

Explanation:

The computation of the number of units to be purchased in September is as follows:

= Sales units + ending inventory units - beginning inventory units

= 38,000 units + 58,000 units × 25% - 38,000 units × 25%

= 38,000 units + 14,500 units - 9,500 units

= 43,000 units

hence, the number of units to be purchased in September is 43,000 units

We simply applied the above formula so that the correct value could come

And, the same is to be considered

8 0

2 years ago

Newtown Propane currently has $490,000 in total assets and sales of $1,820,000. Half of Newtown’s total assets come from net fix

Talja [164]

Answer:

c. $1,936,170

Explanation:

Additional assets required to support this sales growth = Growth * Total assets

Additional assets required = 19% * $490,000

Additional assets required = $93,100

Sales at 100% capacity = $1,820,000 / 94%

Sales at 100% capacity = $1,820,000 / 0.94

Sales at 100% capacity = $1,936,170.21

5 0

3 years ago

Allied Paper Products, Inc., offers a restricted stock award plan to its vice presidents. On January 1, 2021, the company grante

raketka [301]

Answer:

1. $108 million fair value of award

2. December 31, 2021

($ in millions)

Dr Compensation expenses 54

Cr Paid-in capital—restricted stock 54

December 31, 2022

Dr Compensation expenses54

Cr Paid-in capital—restricted stock 54

Dr Paid-in capital—restricted stock 108

Cr Common stock 18

Cr Paid-in capital—excess of par (remainder) 90

Explanation:

Allied Paper Products, Inc

$6 fair value per share x 18million shares granted

= $108 million fair value of award

2. Journal entries

December 31, 2021

($ in millions)

Dr Compensation expense ($108 million ÷ 2 years) 54

Cr Paid-in capital—restricted stock 54

December 31, 2022

Dr Compensation expense ($108 million ÷ 2 years) 54

Cr Paid-in capital—restricted stock 54

Dr Paid-in capital—restricted stock 108

Cr Common stock (18 million shares x $1 par) 18

Cr Paid-in capital—excess of par (remainder) 90

5 0

3 years ago

What is the primary task of the Federal Reserve

Murrr4er [49]

Answer:

The responsibilities of the Federal Reserve include influencing the supply of money and credit; regulating and supervising financial institutions; serving as a banking and fiscal agent for the United States government; and supplying payments services to the public through depository institutions like banks.

7 0

3 years ago

Read 2 more answers

Problem 1, The following data pertain to a single department for the month of October for ABC Company.

soldi70 [24.7K]

Why is this just worth 5 points

6 0

2 years ago