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3 years ago

Qualities of useful accounting information

Business

1 answer:

Bad White [126]3 years ago

6 0

Answer:

Understandability.

Relevance.

Consistency.

Comparability.

Reliability.

Objectivity.

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Inventory requires considerable investment for most manufacturers, wholesalers, and retailers. This problem is complicated by th

Bas_tet [7]

Manufacturers that engage in this type of speculative production often need short-term financing to do all of the following except buy equipment.

The term "short-term finance" refers to funding requirements for a brief period, often less than a year. It is often referred to as working capital finance in firms. This kind of financing is typically required because of the inconsistent cash flow into the firm, the seasonal nature of operations, etc.

Small business owners can access the cash they need to pay unexpected bills, bridge cash flow gaps, purchase inventory, or seize business opportunities with the aid of short-term business loans.

To more about Short-term financing here

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6 0

1 year ago

Arnell Industries has $35 million in permanent debt outstanding. The firm will pay interest only on this debt. Arnell's marginal

gladu [14]

Answer:

a. Annual Interest tax shield = Debt * Interest * Tax Rate

Annual Interest tax shield = $35 million *9% *30%

Annual Interest tax shield = $0.945 million

b. PV of tax shield = $35 million *9% *30% / 9%

PV of tax shield = $10.50 million

c. PV of tax shield at 7% = 35million *7% *30% / 7%

PV of tax shield at 7% = $10.50 million

7 0

3 years ago

Suppose the following information: The cost of a full-page color ad in the U.S. national edition of The Wall Street Journal (new

lawyer [7]

Answer:

E) Super Bowl

Explanation:

For computing the lowest CPM we need to do the following calculations

(a) (b) (a ÷ b)

Particulars U.S. national edition U.S. audience size CPM

Wall streel Journal $327,897 $1,566,027 20.94%

USA today $207,720 $1,711,696 12.14%

Bloomberg

Businessweek $148,300 $900,000 16.48%

Sports Illustrated $396,600 $3,000,000 13.22%

Super Bowl telecast $3,800,000 $108,400,000 3.51%

As we can see from the above calculations that the super bowl has the lowest CPM

hence, the option E is correct

3 0

3 years ago

What is morale? apparently the question was too short so this is filler

Lostsunrise [7]

A person's psychological condition as reflected in self-assurance, motivation and/or commitment to a cause or organisation. Morale flows from the confidence of the people regarding the righteousness or worth of their acts and the expectation of potential high rewards (material or otherwise).

3 0

3 years ago

Price fixing is: Group of answer choices the practice of charging a very low price for a product with the intent of driving comp

Burka [1]

Answer:

A conspiracy among firms to set prices for a product.

Explanation:

Price fixing can be defined as a process whereby companies make an agreement to sell a product at a particular price. It can also be described as an agreement between competitors on the lowest or highest amount a particular product will be sold in the market.

Price fixing controls the market price thereby preventing other new businesses from competing in the market. Price fixing is illegal, it leads to an increase in the amount of goods and services.

3 0

3 years ago

Qualities of useful accounting information​

Qualities of useful accounting information