1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alborosie
3 years ago
11

The general message of the full disclosure principle is that: a. information is symmetric. b. information is costly to fake. c.

producers should offer lifetime warranties for low quality products. d. the lack of evidence that something resides in a favored category will often suggest that it belongs to a less favored one.
Business
1 answer:
erica [24]3 years ago
6 0

Based on financial and accounting principles, the general message of the full disclosure principle is that "<u>the lack of evidence that something resides in a favored category will often suggest that it belongs to a less favored one."</u>

This is because the full disclosure principle state that all information should be documented in a company or individual financial statements which are believed to affect a reader's knowledge of that specific financial statement.

This ensures that every party that needs to access the financial statements under concern should fully understand them without missing any form of information.

Otherwise, any missing link or information will be ruled in favor of the less favored party in a legal situation.

Hence, in this case, it is concluded that the correct answer is option D.

Learn more here: brainly.com/question/24280368

You might be interested in
The information below pertains to Barkley Company for 2015.
alexira [117]

Answer:

a. $1.38

b. anti-dilutive.

Explanation:

<em>Basic Earnings Per Share = Earnings Attributable to Holders of Common Stock / Weighted Average Number of Common Stock Holders</em>

<u>Earnings Attributable to Holders of Common Stock Calculation :</u>

Net income for the year                                                        $1,160,000

Less Bond Interest after tax ($2,010,000 × 7% × 80%)        ($112,560)

Less Preference Stock dividend ($4,080,000 × 6%)          ($244,800)

Earnings Attributable to Holders of Common Stock           $802,640

<u>Weighted Average Number of Common Stock Holders Calculation :</u>

Common Stock (5,800,000 / $10)                                          580,000

Weighted Average Number of Common Stock Holders      580,000

Basic Earnings Per Share = $802,640 / 580,000

                                           = $1.38

<em>Diluted Earnings Per Share = Adjusted Earnings Attributable to Holders of Common Stock / Adjusted Weighted Average Number of Common Stock Holders</em>

<u><em>Adjusted</em></u><u> Earnings Attributable to Holders of Common Stock Calculation :</u>

Earnings Attributable to Holders of Common Stock                    $802,640

Add Back Bond Interest after tax ($2,010,000 × 7% × 80%)         $112,560

Add Back Preference Stock dividend ($4,080,000 × 6%)           $244,800

<em>Adjusted</em> Earnings Attributable to Holders of Common Stock   $1,160,000

<u><em>Adjusted</em></u><u> Weighted Average Number of Common Stock Holders Calculation</u>

Weighted Average Number of Common Stock Holders                 580,000

Add Convertible Bonds ($2,010,000 / $1,000 × 30)                          60,000

Add Convertible Preference Shares ($4,080,000/$100 ×3)            122,400

Less Common Stock Options                                                              (82,100)

<em>Adjusted</em> Weighted Average Number of Common Stock Holders 680,300

Diluted Earnings Per Share =  $1,160,000 / 680,300

                                              =  $ 1.70

Conclusion : Convertible Bonds, Convertible Preference Shares and Common Stock Options are anti-dilutive.

6 0
3 years ago
Common stock holders: Group of answer choices have one vote in the election of how the company operates. are last in line to rec
enot [183]

Answer:

are last in line to receive income.

Explanation:

Common stock holders are referred to as the owners of the company. They own shares that gives them the right to vote in a company's general meeting, receive dividends, and they have the right to get newly issued shares in the company before others.

However they are also called unsecured creditors of the company because when the business makes income they are the last in line to receive dividends if any remains.

Also in the case of bankruptcy preference share holders and other creditors are paid first. Common share holders are paid last.

5 0
2 years ago
In support of its effort to make the world a better place, Secret has introduced a number of new products including Secret Clini
Feliz [49]

Answer:

d) multiproduct branding

Explanation:

multi-product branding, involves releasing multiple products with the same brand name. This strategy can be simple to use.

4 0
3 years ago
andie needs to borrow $6,000 to buy a car. one dealer offers her a monthly payment of $193.60 on a 3-year loan with an apr of 10
Kitty [74]

Given the above stated information, the the correction options is C. Three year loan costs less than 4 year loan.

<h3>What is a the calculations justifying the above answer?</h3>

The computation is executed using excel. Here is the explanation for same:

  • There are two loan choices available. We must calculate the total payments for both alternatives and choose the one with the lowest cost.
  • The first option is to pay $193.60 per month with 10% interest for 3 years.
  • The second option is to pay $158 per month for four years at 12% interest.
  • Total cost for option 1 is $969.60.
  • Total cost for option 2 is $1584.00.

Hence from

Learn more about Loans:
brainly.com/question/26913200
#SPJ1

Full Question:

Please see the attached image

7 0
2 years ago
Kearney Inc. has a factory with the following characteristics: direct labor of $82056, direct materials of $52432 fixed overhead
frutty [35]

Answer:

The amount of cost from Pool A that is allocated to LQ6 is $7,802.

Explanation:

Since Pool A includes all variable overhead and uses direct labor as the allocation base, we can obtain the following from the question:

Direct labor = $82,056

Variable overhead = $146,362

Number of labor hours used by LQ6 = 162

Factory's labor costs per hour = $27

Therefore, we have:

Factory's labor cost of LQ6 = Number of labor hours used by LQ6 * Factory's labor costs per hour = 162 * $27 = $4,374

Variable over allocated to LQ6 from Pool A = (Factory's labor cost of LQ6 / Direct labor) * Variable overhead = ($4,374 / $82,056) * $146,362 = $7,801.83518572682

Rounding to whole number of $ as required, we have:

Variable over allocated to LQ6 from Pool A = $7,802

Therefore, the amount of cost from Pool A that is allocated to LQ6 is $7,802.

4 0
3 years ago
Other questions:
  • Which change within the federal government results from the census that is taken every ten years?
    7·1 answer
  • Customer relationship management (CRM) helps ________. A. firms monitor and minimize employee turnover B. customers manage infor
    12·1 answer
  • When the price of milk goes up, demand does not fall significantly, because people still need to buy milk. However, if the price
    11·1 answer
  • You are considering investing in one of several mutual funds. All the funds under consideration have various combinations of fro
    9·1 answer
  • Financial leverage: Group of answer choices is the ratio of a firm's revenues to its fixed expenses. is equal to the market valu
    15·1 answer
  • *ECONOMICS*
    6·1 answer
  • A landfill site produces an obnoxious odor. Homes downwind of the site rent for $1000 per month while homes upwind of the site r
    5·1 answer
  • "Native advertising refers to" promotion that looks like content. minimalist promotion relying on few graphics. content that loo
    15·1 answer
  • Green Gusts is a two-year-old company that makes wind turbines. The business owner, Mike, is struggling to compete. Finding enou
    13·1 answer
  • After an economy begins to recover, suppose that the Fed quickly raises interest rates back to the level seen before the recessi
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!