Answer: d. slow; under react
Explanation:
Conservatism is simply when there is traditional beliefs in the society and opposition the individuals are opposed to rapid changes.
Conservatism implies that investors are too slow in updating their beliefs in response to new evidence and that they initially under react to news.
Answer:
The correct option is d. Non cash activity
Explanation:
Operating Activity: The operating activity is that activity which records any changes ion the working capital or we can say increase or decrease in the currents assets and current liabilities.
Investing Activity: The investing activity records all those transactions which are related to the purchase and sale of fixed assets
Financing activity: It records those transactions which is for the long term i.e issue of shares, the redemption of debentures, etc.
All these three activities are term as cash activities because it includes cash transactions.
So, in the given question it is mentioned that the purchase of equipment by issuing a long-term note payable which is a non-cash activity because it does not have any cash transaction. It does not affect the cash balance.
Thus, under non-cash activity, we classify the purchase of equipment by issuing a long-term note payable
Hence, the correct option is d. Non-cash activity
Answer:
Option B- He acted in good faith.
Explanation:
The person who is trading with the other party owes the duty of care which is well stated in the negligence act. However in this case we saw that though the law was unclear but still the CEO acted in best interest of the public at large by consulting the attorney to shed light on the issue. Remember law is ethically minimum that is desired but in this situation the CEO was committed to comply with law that's why he consulted attorney. So saying that he acted in good faith is the best defense in the court.
Answer:
The type of company that are at the forefront of campaign are proactive company.
Explanation:
A proactive company can be defined as a company, which puts great amount of emphasis on the forward thinking strategic planning ( where company sets its operational objectives, makes long term strategic decisions, assess strength and weakness etc ) rather than focusing on reactive strategies to manage the problems and taking advantage of business opportunities.
Answer:
$1,750
Explanation:
First, we have to calculate the assessed value which can be determined using the below formula:
Assessed value=Appraised value of home*assessment level
=125,000*35%
=$43,750
The next step is to calculate the cost of each mill which can be calculated using the following formula:
Cost of each mill=Assessed value/1000
=43750/1000
=43.75
The final step is to find the annual taxes, which can be calculated using the following formula:
Annual taxes=cost of each mill*number of mills
=43.75*40
=$1,750
