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3 years ago

If the authorized sources do not provide sufficient guidance, you should:

1 answer:

6 0

If the authorized authority does not provide sufficient guidance, you should refer to other sources for the assistance that you need.

Other officials that you may need for assistance may be the security manager and the government contracting authority.

The two authorized methods that are used to communicate the classification decisions are the

Security classification guide and the
Well marked source document.

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The Pastel Paint Company recently loaned $300,000 to KIX 96, a local radio station. The radio station signed a noninterest-beari

VladimirAG [237]

Answer:

Following are the queries to these question:

Explanation:

Reporting entering for recording the note received

Permissible notes (face amount)........................................................ $\$300,000$

Cash................................................................................................... $\$300,000$

7 0

3 years ago

Net loss means expenses is _____ gross profit?

sveticcg [70]

Answer:

net loss means expenses is ____ gross profit?

a. greater than

→b. less than

c. equals

d. none of the above

Explanation:

#Carry On Learning

⤵

Choi Eunbyul <3

3 0

2 years ago

What is it called when banks record which account gives up money and which account receives money when a customer writes a check

swat32

Answer:

Check Clearing

Explanation:

The process by which bank records which account gives up money is called check clearing. Check clearing is the process by which banks record whose account gives up money and whose account receives money when a customer writes a check. A bank holding company is a company that owns multiple banks.

4 0

3 years ago

You have accumulated $85,000 in student loans that average 5% interest. You graduate next month and will be paying off the loans

photoshop1234 [79]

Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 85000
PMT monthly payment?
R interest rate 0.05
K compounded monthly 12
N time 10 years
Solve the formula for PMT
PMT=Pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=85,000÷((1−(1+0.05÷12)^(
−12×10))÷(0.05÷12))
=901.55 round to the nearest tenth to get 900

Hope it helps!

8 0

3 years ago

ACME Drilling is evaluating an offshore oil-drilling platform for possible impairment. The company estimates the following: book

alekssr [168]

Answer:

ACME Drilling should record impairment loss of $6.9 million

Explanation:

According to GAAP, when the fair value of an asset is below the net carrying amount of that asset ( Asset's historical cost - Asset's accumulated depreciation or the net book value of the asset), the Company should record it as asset impairment loss.

In ACME's case, the net book value is $18.6 million while the estimated fair value is only $11.7 million meaning that the platform is actually worth less than it is recorded on ACME's book. Thus, an impairment loss of $6.9 million should be recorded ( $18.6 million - $11.7 million) to realize the fair value of the oil-drilling platform.

The sum of projected sum of future cash flows in this case is not suitable to be used to determine the oil-drilling platform because it has not been discounted to the present value amount, and also, it is not appropriate under GAAP.

6 0

4 years ago