Answer:
d. Disclosed because of their usefulness to financial statements.
Explanation:
A <em>liability</em> is a present obligation (Legal or Constructive) of an Entity that arises as a result of a past event and the settlement of which will result from an out flow of cash from the entity.
One class of Liability that relate to the case is a <em>Provision</em>.A provision is a liability whose amount can be determined with certainty.
A liability whose amount can not be determined with certainty is known as a <em>Contingent liability</em>.A contingent liability is not presented in the financial statements but is only disclosed in the Financial Statements.
Answer:
The actual unemployment rate was higher during the recession of 1990−1991, while cyclical unemployment was higher in 2001.
Explanation:
Given data in the question
In the year 1990-1991
The natural rate of unemployment = 5.9%
The rate of the actual unemployment = 7.0%
In the year 2001
The natural rate of unemployment = 4.8%
The actual unemployment rate = 6.0%
As we can see that
The actual unemployment is high in the year 1990-1991 i.e 7.0% as compare to the year 2001 i.e 6.0%
While the cyclical unemployment rate is high in 2001 i.e 1.2% (6.0 - 4.8%) as compare to the year 1990-1191 i.e 1.1% (7.0% - 5.9%)
Answer:
New Beta = 1,17
Explanation:
Portfolio # Beta NEW Beta
$ 5.000 1 1,00 2,00
$ 5.000 2 1,12 1,12
$ 5.000 3 1,12 1,12
$ 5.000 4 1,12 1,12
$ 5.000 5 1,12 1,12
$ 5.000 6 1,12 1,12
$ 5.000 7 1,12 1,12
$ 5.000 8 1,12 1,12
$ 5.000 9 1,12 1,12
$ 5.000 10 1,12 1,12
$ 5.000 11 1,12 1,12
$ 5.000 12 1,12 1,12
$ 5.000 13 1,12 1,12
$ 5.000 14 1,12 1,12
$ 5.000 15 1,12 1,12
$ 5.000 16 1,12 1,12
$ 5.000 17 1,12 1,12
$ 5.000 18 1,12 1,12
$ 5.000 19 1,12 1,12
$ 5.000 20 1,24 1,24
$ 100.000 1,12 1,17
Answer:
a. Debit Accounts receivable for $600
Explanation:
As Greasy catering company provided services but had not got the bill from the customer, it increases an asset. According to the revenue recognition principle, revenue has recognized whenever it is provided not when the cash is received. In that case, the journal entry to record the transaction is -
Accounts receivable (Debit) $600
Revenue (Catering) (Credit) $600
Accounts receivable is debit because the company owes the amount from the customers.
Answer:
a. When drawing conclusions, make sure you summarize and explain your findings.
b. Tips for writing recommendations:
A. Your recommendations should always be the result of prior logical analysis.
B. Your recommendations should never be in the form of a command.
Explanation:
A good conclusion touches the theme or main topic, summarizes the main points, and connects with the introduction, but with a sense of closure. Conclusions should be sound and logical. Irrelevant conclusions are annoying to the senses. Without a conclusion, the report will sound like one illogical move without clear direction and purpose.
Recommendations should address improvement efforts based on the problem(s) presented in the body of the report.
