Answer:
The way you could do a risk analysis of your project could be as I will explain below.
Explanation:
For example from the project: Selection of optimal culture media for the isolation of the Azospirillum bacteria, you must first know what <em>risk factors could occur such as:</em>
-Contamination of selection crops.
-Contamination of sterilization materials.
-The above risk factors can be evaluated with the elaboration of a <em>qualitative technique </em>such as a risk map or matrix that allows you to evaluate the probability that some of the aforementioned factors will occur and the impact it would have on the project.
-The <em>qualitative technique </em>that you could use is that of representation and data collection where you can make research queries and examine records that allow you to know what main factors could contaminate the culture media.
After having performed the above procedures, you must make a<em> plan to minimize the negative effects:</em>
In the case raised in this project we could say that it is important to verify the expiration dates of the culture media and verify the sterilization time of laboratory materials.
Answer:
A) Valuable assets such as the company's reputation, the quality of its work force, and the strength of its management are not captured on the balance sheet.
Explanation:
As we know that the balance sheet records the assets, liabilities and the equity of the company. Now the main problem with the balance sheet is that the valuable assets such as reputation of the company, work force quality, management strength would not captured here as it only records the monetary transactions.
Therefore the correct option is a.
Answer:
Once the preferred dividends have been declared, they must be included in the calculation for the earnings per share (EPS) formula: EPS = (net income - preferred dividends) / average shares outstanding.
When the dividends are declared the following journal entry must be made:
Dr Retained earnings X
Cr Preferred dividends payable X
Net income is reported using the retained earnings account, and once the retained earnings account decreases, the preferred dividends become a liability.
Answer:
Explanation:
To show that you have special skills and what your areas of expertise are.
Answer:
Conservatism in Accounting refers to the policy of being more pessimistic than optimistic. This policy believes that future losses should be anticipated over future gains as future losses are more damaging and probable. It is essentially 'Playing Safe' Accounting. This leads to Income and Assets being understated and Expenses and Liabilities being overstated.
Profit Margins.
As the policy allows for the anticipation and recognition of expenses more than gains, Profit margins will be lower in this type of accounting as Revenue will be less but Expenses will be more.
Debt-to-Equity Ratios
Debt to Equity ratios will be higher because this policy calls for a speedier recognition of Liabilities as well. With the formula for Debt to Equity being Debt over Equity, a larger recognition of debt will mean this equation will yield higher figures. Also a component of Equity is Retained Earnings which comes from Net income and as already stated, this will be less under this policy thus decreasing the denominator of this equation as well.
Returns on Equity.
Return on Equity is calculated by dividing the Net Income by Equity. This figure will be smaller but not by much because this policy as already shown will reduce the both the Net income and the Equity but the Net Income will likely suffer a greater hit than Equity.