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d1i1m1o1n [39]
2 years ago
8

For for computation of pre-incorporation profit salary to vendor

Business
1 answer:
Leokris [45]2 years ago
8 0

Interest on purchase consideration, the salary of partners, and interest on vendor capital are to be charged during the pre-incorporation period.

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The use of sharp, temporary price cuts as a form of _________________ would enable traditional US automakers to discourage new c
svlad2 [7]

Answer:

The correct answer is predatory pricing.

Explanation:

When we speak of the legal right "defense of free competition", what we are referring to, in very simple words, is a field of law that seeks to safeguard that competition in the markets occurs "in good and sound fashion", this it is, without cheating, fraud or other "abusive" devices that are apt to achieve, maintain or increase the market power of those who execute them, thereby damaging the collective well-being of the economic agents participating in those markets (and not only the of the individuals directly involved in a certain transaction).

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3 years ago
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Financial accounting primarily provides information to which group of decision makers?
Anastaziya [24]

Answer:

A) investors

Explanation:

The main aim of financial accounting to provide information to the investors( existing and would-be) about the performance and position of the business at a particular point in time.

Performance relates to net income earned while the position is about the net assets of the company which is an offshoot of all the assets owned and liabilities(obligations) owed to other parties

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3 years ago
A financial crisis: Suppose the economy starts with GDP at potential, the real interest rate and the marginal product of capital
Masteriza [31]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

3 0
3 years ago
Burr Publishers purchased a building on March 20, 20Y1, for $160,000. Other amounts related to this purchase are as follows:
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Answer:

1. Which amount related to this purchase should be recorded in the accounting records?

  • d. 160,000.

According to the historical cost principle, assets must be recorded at their original purchase price, only accumulated depreciation can adjust their value.

2. The resources owned by a business are its _____.

  • c. assets.

Assets are all the resources a business uses to carry out their normal business activities and operations.

3. The rights and claims of creditors on a company's assets are represented by _____.

  • a. liabilities.

Liabilities represent all the debts that a company has.

4. Which element of the accounting equation represents the rights of owners?

  • b. owner's equity.

Equity refers to the part of a company owned by its stockholders or owners. A company can finance itself through all equity, or it can have a mixed financing structure with equity and debt (liabilities). The investment made by the owners of a company is represented by the equity part of the balance sheet.

6 0
4 years ago
A "Name That Tune" contest has a grand prize of $500,000. However, the contest stipulates that the winner will receive just $200
Alexxx [7]

Answer:

The correct answer is (C) $401,302

Explanation:

To get how much the contest winner actually won, we have to calculate the amount receive at the end of each year discounted at this moment. Then,  we added  all the payments.  

For example, the first payment in  $200,000 at this moment,  so we add  $200,000.  

At the end of the first year we receive $30,000, and the rate of discount is 8%

The formula of discount is P=A/ (1+r)ⁿ

A=Final amount  

P= Principal

r= interest rate

n= time

Year 1 = A/ (1+r)ⁿ =$30,000/1,08¹= 27777,77

Year 2 =$30,000/1,08²= 25720,16

Year 3=23814,96

Year 4=22050,89

Year 5=20417,49

Year 6=18905,08

Year 7=17504,71

Year 8=16208,06

Year 9=15007,46

Year 10=13895,80

 

Total  401302,44

3 0
3 years ago
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