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2 years ago

At year-end, companies that utilize accrual-based accounting systems complete the measurement process through.

Business

1 answer:

marshall27 [118]2 years ago

8 0

Answer:

At year-end, companies that utilize accrual-based accounting systems complete the measurement process through posting of adjusting entries

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Is this statement true or false? If you calculated the value of an ordinary annuity, you could find the value of the correspondi

artcher [175]

Answer:

True

Explanation:

There are two types of annuity, ordinary annuity and annuity due.

The ordinary annuity is calculated as:

Future Value = $Principal \times \frac{(1+ i)^n - 1}{i}$

Whereas Future Value of annuity due is calculated as:

Future Value = (1 + i) $\times$ $Principal \times \frac{(1+ i)^n - 1}{i}$

That is (1+i) $\times$ Future Value of ordinary annuity.

Therefore, the provided statement is true.

4 0

3 years ago

Companies that provide employee support through ethical training programs (as opposed to companies that provide no training) gen

kati45 [8]

Answer:

True

Explanation:

As the ethics form the basic working nature for any organization, this results in representing the moral values of an organization.

This clearly depicts that the organization is represented through its employees and if employees are properly trained for the ethical behavior, this will definitely positively impact on the organization, also, the organization which do not provide any training for such the results are not that effective, as the ethics are not followed properly and ethics are not defined.

8 0

4 years ago

Louis owns a stock that has an average geometric return of10.50 percent and an average arithmetic return of 11.00 percent over t

RideAnS [48]

Answer:

Average annual rate of return should Louis expect to earn over the next four years is 10.7%

Explanation:

The formula we are going o use is:

$Expected\ Return=\{(\frac{R-1}{N-1})*i_{g}\}+\{(\frac{N-R}{N-1})*i_{a}\}$

Where:

R is the number of years over which Louis expect to earn.

N is the number of years of average arithmetic return.

i_{g} is the average geometric return=10.50%=0.105.

i_{a} is the average arithmetic return =11%=0.11.

Solution:

$Expected\ Return=\{(\frac{R-1}{N-1})*i_{g}\}+\{(\frac{N-R}{N-1})*i_{a}\}\\Expected\ Return=\{(\frac{4-1}{6-1})*0.105\}+\{(\frac{6-4}{6-1})*0.11\}\\Expected\ Return=0.107$

Average annual rate of return should Louis expect to earn over the next four years is 10.7%

4 0

3 years ago

PLEASE HELP ME My career is a traveling nurse

Damm [24]

Answer:

Step by step explanation

5 0

3 years ago

After these closing entries what will be the balance in the retained earnings account? Total Revenues $ 125,000 Total Expenses 6

WINSTONCH [101]

Answer:

$10,000

Explanation:

Given the data above,

5 0

4 years ago