Answer:
The correct answer is option D
D. Did not take place until after the balance sheet date
Explanation:
The subsequent information should not be incorporated directly into the statements if the conditions causing the change in valuation did not take place until after the balance sheet date to avoid a mix-up in the statement.
Answer:
<h2>Here the answer would be option c. or e-business.</h2>
Explanation:
- E-business basically involves buying and selling of various products and services over the internet between the consumer or buyers and sellers or traders.
- E-business provides an electronic or virtual marketplace and is often spread out across the world to facilitate the commercial exchange and transactions between the buyers and the sellers.
- Therefore,e-business also provides the opportunity to fulfill the needs and wants of people across the world and enables the traders and sellers to earn profit in the process and pursuit of fulfilling those required needs and wants.
- The various features and characteristics of e-business offers suitable facilities and services to both the consumers and sellers which can be effectively exploited to address the needs and conveniences of both the concerned parties in the marketplace.
Answer:
Break-even point in units= 23,250
Explanation:
Giving the following information:
Selling price of $50
Variable costs of $30 per unit
Total fixed costs of $400,000.
Desired income= $65,000
<u>To calculate the number of units to be sold, we need to use the following formula:</u>
<u></u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (400,000 + 65,000) / (50 - 30)
Break-even point in units= 23,250
Answer:
Resilience
Explanation:
In psychology, the term resilience refers to the process of coping with trauma, tragedy or adversity and adapt to it. But it doesn't only refer to the process of adaptation but actually it involves personal growth. In other words, the person grows thanks to the adversity, the person also sees problems as an opportunity to learn and become a better person.
In this example, Martin sees opportunity where the rest of the world sees problems, he made money and lost it but he's wealthy again. We can see that Marty has coped with adversity (the recession) but he adapted to it and he found a way to go through that and earn a living and become wealthy again, thus, this is an example of high resilience.
Answer:
<em>a. A yield to maturity that is less than the coupon rate.</em>
Explanation:
If a coupon bond is selling at <em>premium</em>, this implies its current market price is higher than its par (face) value. But the coupon rate remains the same. So, since the price of bond has risen, the current market interest rate <em>(yield to maturity)</em> has to be less than the <em>coupon rate</em>. This is because the interest payment should be near about same or identical in case, when the bond is selling at premium and also in the case when the bond was selling at its par rate or value.
Hence, to arrive at around about the same interest payment, <em>all else constant, a coupon bond that is selling at a premium, must have a yield to maturity that is less than the coupon rate.</em>