In accordance with GAAP, the action you should take when the company was served with a lawsuit is to provide a disclosure on financial statements regarding the pending litigation.
<h3>What is GAAP?</h3>
GAAP means Generally accepted accounting principles which is a accounting standards that guides the details, complexities and legalities of accounting.
<h3 />
In conclusion, the action you should take when the company was served with a lawsuit is to provide a disclosure on financial statements regarding the pending litigation.
Missing word"The outcome of the litigation will not be determined for several months, but it could result in a materially large settlement to be paid by your corporation. According to GAAP, what action should you take?"
Read more about GAAP
<em>brainly.com/question/17895474</em>
Answer:
which two questions you did not post them
The answer to this question is 22.
In determining safe speed of a vessel we must consider visibility, traffic density etc.
<h3>What is safe speed?</h3>
The safe speed of a vessel is the maximum speed the vessel can be operated to avoid hazards such as collision, damage of vessel, etc.
<h3>Factors considered when determining safe speed of vessels</h3>
In determining safe speed of a vessel we must consider the following factors such as;
- Weather condition, eg visibility
- Traffic density,
- Background light at night, etc
Thus, in determining safe speed of a vessel we must consider visibility, traffic density etc.
Learn more about safe speed here: brainly.com/question/6504879
Answer:
Solving for the Percent by Volume
The v/v concentration of acetic acid in the stop bath is 24.6%.
Explanation:
To answer the question, we need to identify certain information stated in the question. Let us write down what’s given:
Volume of solute = 160 mL
Volume of solution = 650 mL
Next, we need to determine what is required, in this case, the percent by volume. Now, let us look at the formula:
v/v concentration = (solute volume / volume of the solution) * 100
Solution:
Percent by Volume = (160 / 650) * 100
Percent by Volume = 0.2461538461538462 * 100
Percent by Volume = 24.61538461538462
Rounded off = 24.6%
Therefore, the final answer is 24.6%
Explanation: