The statement is False as when the balance sheets for the two companies are submitted to investors, they are not obligated to disclose the same amount of net fixed assets.
The Property, Plant, and Equipment classification is used to categorize fixed assets on a company's balance sheet. The cost of fixed assets is decreased on the balance sheet by depreciating them over the course of their useful lives in order to account for wear and tear. Both firms started off with $1 million worth of identical fixed assets when they first opened their doors two years ago, and neither one has sold or added any new ones. So, they are not supposed to report the same amount of fixed assets to investors since there is an absence of asset purchases.
Both current assets and fixed assets are listed on the balance sheet, with current assets intended for use immediately or for cash conversion and fixed assets for longer-term usage (more than one year).
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Conforming Loan Limits Increase By 18% in 2021 for the Year Ahead.
Answer:
If I were to start a business, I will choose Sole Proprietorship.
Explanation:
Reasons why I will choose Sole Proprietorship
* I will be the sole owner and responsible for my business.
* All profits (and loss) will belong to me, means the more I work harder, the more return I (alone) will get.
* I can make all the decisions by myself, without the interference of any other person.
* I can expand my business as per my convenience and hard work, if I succeed I can eat all the fruits myself.
* I can grow my business as much I want.
* No one will be my boss, I will be setting my own working hours and work load etc.
<span>Then the private benefit from consumption
will will not be the same as the social benefit from consumption.</span>
An externality is the impact of a buy or choice on a man group who did not have a choice in the occasion and whose interests were not considered. Externalities, at that point, are overflow impacts that fall on parties not generally engaged with a market as a maker or a buyer of a product or service. Externalities can be negative or positive, and externalities can come about because of either the production or the utilization of a good, or both.
Answer:
A. Deduction
Explanation:
Deduction or deductive reasoning is the process whereby a logical conclusion is reached from one or more statements. Deductive reasoning involves using generalization or a general fact to reach a specific and logical conclusion. In the case, the general fact is that all HR manager in the firm has advanced degree. The logical conclusion here is that since Chloe is a HR manager with the most experience, then surely she must have an advanced degree.
In summary, deductive reasoning moves from generalities to a specific streamlined logical conclusion.
