The correct statement is that Alice's Aspirin Inc. is liable for Bob's illness due to a defect in the aspirin.
For losses resulting from his illness, such as medical costs, lost wages, pain and suffering, and other losses, Bob may be eligible to file a product liability action against Alice's Aspirin Inc. If it can be demonstrated that Dahl's Food Stores knew about the flaw and nevertheless continued to sell the product, they may also be held accountable.
Liability typically denotes being accountable for something, but it can also imply owing someone money or services. A homeowner's tax obligation, for instance, may be the amount of property taxes due to the city or the amount of income taxes due to the federal government.
To know more about liability here
https://brainly.com/question/16944897
#SPJ4
Assuming no beginning work-in-process inventory, and that the ending work-in-process inventory is 100% complete as to materials costs, the number of equivalent units as to materials costs is
A. The same as the units completed.
B. The same as the units placed in process.
C. Less than the units completed.
D. Less than the units placed in process.
The number of equivalent units as far as materials costs is the same as the number of units put into production, assuming there is no beginning work-in-process inventory and that the ending work-in-process inventory is 100% complete.
How many production equivalent units were produced?Given the amount of direct materials, direct labor, and manufacturing overhead costs incurred during that time for the products that weren't yet completed, it is the number of finished units of a product that a corporation could have hypothetically produced.
What kind of production units are equivalent?The equivalent units are, for instance, 500 units for materials and 200 units (40% of 500) for direct labor and manufacturing overhead if 500 units are completed in terms of materials but only 60% completed in terms of direct labor and manufacturing overhead.
To Know more about manufacturing overhead.
https://brainly.com/question/17052484
#SPJ4
List some of the operations and functions in a company that are dependent on a forecast for product demand.
Production, inventory management, scheduling, facility placement, transportation and logistics, distribution, marketing, and quality control.
What is a company's straightforward definition?A set of people can form new entity called a corporation to carry out and manage a business activity, whether it's the commercial or industrial. An entity could well be set up in a number of ways for tax and responsibility reasons depending on the laws in its jurisdiction.
Briefing:These are some areas that marketing and quality control are related: Marketing aids in predicting demand and sales.
Quality management aids managers in hiring personnel to enhance production efficiency so that it meets consumer demand.
Because forecasting influences both the long-term and short-term market, management in every business management layer views it as a crucial and significant activity.
To know more about Company visit:
https://brainly.com/question/29354835
#SPJ4
when writing off an uncollectible account under the allowance method, is credited, and is debited.
When writing off an uncollectible account under the allowance method allowance for doubtful accounts is debited, and accounts receivable is credited at the end of the accounting period.
What Exactly Are Accounts That Are Uncollectible?Receivables, loans, or other debts that have almost no possibility of being paid are referred to as uncollectible accounts. A debt may become uncollectible for a number of reasons, such as the debtor's bankruptcy, an inability to locate the debtor, the debtor's fraud, or the absence of adequate evidence to support the existence of the debt. Receivables, loans, and other financial obligations that a debtor will not pay are categorised as uncollectible accounts. Accounts that are uncollectible are due to the debtor's bankruptcy or reluctance to pay. The typical return term for goods offered on credit is between 30 and 90 days.
To know more about accounts visit:
brainly.com/question/22917325
#SPJ4
true or false: A right-to-work law allows employees to decide for themselves whether or not they want to join or financially support a union.
It is true that a right-to-work law allows employees to decide for themselves whether or not they want to join or financially support a union.
States have the power to decide whether workers can be obliged to join a labor union in order to gain or keep a job under right-to-work laws.
Currently, workers have the option to join a union in 27 states plus Guam. Although unions are still allowed to exist in certain states, employees cannot be required to join as a condition of employment.20 states introduced right-to-work legislation during the 2014 legislative session, but no new right-to-work states were created. Tennessee passed a right-to-work law in 1947, making it the only state to do so. Any unit of government is prohibited under the 2014 law from passing laws or regulations that violate the rights provided by the National Labor Relations Act.
Know more about right-to-work law here:
https://brainly.com/question/12666929
#SPJ4
Purchasing-power parity holds between the nations of Ectenia and Wiknam, where the only commodity is Spam.In 2020, a can of Spam cost 2 dollars in Ectenia and 16 pesos in Wiknam.The exchange rate between Ectenian dollars and Wiknamian pesos was _____ pesos per dollar.Over the next 20 years, inflation is expected to be 3.5 percent per year in Ectenia and 7 percent per year in Wiknam. If this inflation comes to pass, what will happen over this period to the price of Spam and the exchange rate?Over this period, the price of Spam in Ectenia will (Options: double, triple, quadruple), and the price of Spam in Wiknam will (Options: double, triple, quadruple). (Hint: Recall the rule of 70 from the chapter "The Basic Tools of Finance.") The exchange rate between the two countries will (Options: double, triple, quadruple).
True or False: Ectenia will likely have a higher nominal interest rate.
A friend of yours suggests a get-rich-quick scheme: borrow from the nation with the lower nominal interest rate, invest in the nation with the higher nominal interest rate, and profit from the interest-rate differential.
Which of the following statements explains the flaw in your friend's logic?
A. The scheme would work only if there is greater inflation in one nation than in the other.
B. Nominal exchange rates adjust for the effects of inflation.
C. The scheme would work only if the real interest rates are the same in both nations.
The only good available in Ectenia and Wiknam, where purchasing power parity prevails, is Spam. A can of Spam in 2020 would cost $2 in Ectenia and $16 in Wiknam. Ectenian dollars were worth 8 Wiknamian pesos per dollar at the time.
How is the purchasing power parity determined?By taking the geometric mean of the pricing relationships between each pair of economies for the two varieties of rice, the basic-heading PPP for each pair of economies may be calculated directly. This comparison is bilateral. Indirectly, PPP C/A PPP B/C = PPP B/A can be used to calculate the PPP between economies B and A. A trader might think about selling the currency in issue if the PPP rate shows that it is overvalued relative currency. They might think about adopting a long view of the market if the PPP rate reveals that the currency is undervalued in relation to the USD.
To know more about Purchasing power parity visit:
brainly.com/question/28199500
#SPJ4
afb, inc. purchases a new delivery van which is expected to increase cash flows for the next 10 years. afb can finance the purchase with a standard 48-month vehicle loan, or by getting a 10-year loan from the bank. according to the hedging principle, afb should group of answer choices use the 10-year financing in order to match the cash flow stream from the asset with the financing repayments. use the 48-month loan since it matches the type of asset with the type of loan. use either type of financing, but hedge the risk in the options market. avoid using either loan and finance the truck with current cash reserves to avoid interest expense.
Match the asset's cash flow stream with the loan repayments by using the 10-year financing.
What is meant by financing repayments?The act of repayment is the process of returning money borrowed from a lender. The loan agreement sets forth in full the terms and conditions of repayment of the loan, including the applicable interest rate.Loans are often paid back in equal monthly installments (EMIs). The amount paid to the lender each month is represented by these payments. The principal amount and the interest on the principal amount are the two components, and both must be paid to the bank or lender on a specific date each month until the total amount owing has been paid back throughout the period of the loan term. Repayment of the loan in equal payments over a predetermined period of time, including any accumulated interest on the outstanding balance.Match the asset's cash flow stream with the loan repayments by using the 10-year financing.The complete question is:
The purchase of a new delivery van by JoLi Corp. is anticipated to boost cash flows over the following ten years. JoLi offers two options for financing the purchase: a normal 48-month auto loan or a 10-year bank loan. The hedging principle states that JoLi should
To learn more about financing repayments refer to:
https://brainly.com/question/29506615
#SPJ4
Euro credits feature rollover pricing.
O a. all of these answers
O b. none of these answers
O c.
Rollover pricing was created on Euro credits so that Euro banks do not end up paying more on Euro currency time deposits than
they earn from the loans.
O d. The lending rate on these Euro credits is stated as LIBOR + X percent, where X is the lending margin charged depending upon the
credit worthiness of the borrower. LIBOR is reset according to a set schedule
O
e.
Because of the rollover pricing feature, a Euro credit may be viewed as a series of shorter-term loans, where at the end of each time
period (generally three or six months), the loan is rolled over and the base lending rate is repriced to current LIBOR over the next
time interval of the loan.
In order to prevent European banks from having to pay more for time deposits in euros than they make on the loans, rollover pricing was introduced for Euro credits.
What is the price of the feature rollover for Euro credits?In order to prevent European banks from having to pay more for time deposits in the same currency than they are making back in loans, rollover pricing was developed for Euro credits.In order to prevent European banks from having to pay more for time deposits in euros than they make on the loans, rollover pricing was introduced for Euro credits.Lending in a currency other than the lending bank's own currency is referred to as "Eurocredit." The majority of the time, only major enterprises and governmental organizations apply for Eurocredit loans because of their size and duration.To learn more about Euro credits refer to:
https://brainly.com/question/13871344
#SPJ4
A contract with a person who has some sort of mental defect that prevents that person from being able to legally contract means that he lacks _____.
consideration
capacity
mens rea
promissory estoppel
actus reus
A contract with a person who has some sort of mental defect that prevents that person from being able to legally contract means that he lacks promissory estoppel.
What is meant by promissory estoppel ?Promissory estoppel, which is a concept in contract law, is the theory that a party may recover based on a promise made if that party reasonably relied on the promise and the party seeking recovery adversely relied on the promise.
The promisee, the promisor, and the broken promise are the three essential elements required for promissory estoppel. When the promisee loses something because he relied on the promise but it was broken, this is considered unfair.
The equitable principle of promissory estoppel was developed by equity to stop injustice. According to the doctrine, if the promisee changes their mind while acting on the promise of the promisor, the promisor must rescind their agreement.
To learn more about promissory estoppel refer to :
https://brainly.com/question/6598359
#SPJ4
Janet prefers cashews to almonds. She prefers macadamia nuts to peanuts, but she is indifferent between almonds and peanuts. Which of the following statements can we say for sure? Janet prefers macadamia nuts to almonds. Janet prefers almonds to macadamia nuts. Janet prefers cashews to macadamia nuts. Janet prefers peanuts to cashews.
The statement that can be said for sure woiuld be that Janet prefers macadamia nuts to almonds. Option A
What is meant by preferences?The quality of preferring one item or person over another: She prefers comfortable clothing to fashionable attire. I much like sweet cuisine than hot stuff. The selection of furniture is mostly a question of taste.
Preference is the ranking that an agent assigns to options based on their relative utility in economics and other social sciences. a procedure that yields the "best option" (whether real or theoretical). Preferences are assessments of values, usually in light of practical considerations.
Economists refer to everything we desire in life as "tastes and preferences." These preferences can be little, such as the toppings we enjoy on our pizza, or more significant.
Read more on preferences here: https://brainly.com/question/22940154
#SPJ1
Which of the following is not included in either M1 or M2? a. U.S. Treasury bills b. small time deposits c. demand deposits d. money market mutual funds.
U.S. Treasury bills is not included in either M1 or M2. Option A
What is meant by U.S. Treasury bills?Having a maturity of one year or less, a Treasury Bill (T-Bill) is a short-term obligation of the United States government backed by the Treasury Department. Typically, $1,000 bills are available for purchase from the Treasury.
T-Bills, commonly referred to as Treasury Bills, are short-term, government-backed securities that are issued by the CBN. When the government needs to borrow money for a while, they are issued.
Treasury bills, notes, and bond interest income are all subject to federal income tax but are not subject to any state or local income taxes.
A Treasury note may be the ideal option if the money will only be needed temporarily due to its shorter maturity. Treasury bonds with maturities up to ten years may be more suitable for investors with a longer time horizon.
Read more on U.S. Treasury bills here:https://brainly.com/question/16395155
#SPJ1
A provision in the California state constitution conflicts with a provision in the U.S. Constitution. If challenged.. no one. The Pennsylvania legislature enacts a state law that violates the U.S. Constitution.
A provision in the California state constitution conflicts with a provision in the U.S. Constitution. If challenged the U.S. Constitution, not the state provision, will be enforced.
What is constitution?
A state's constitution serves as its rulebook. It lays out the guiding ideals that the state is governed by. It provides an overview of the state's primary institutions and outlines their interrelationships
The Constitution outlines the three main federal government branches and their respective responsibilities. It also defines the fundamental law of the United States federal government. It is the oldest written national constitution still in use and has come to represent Western legal precedent.
To know more constitution, click here-
brainly.com/question/453546
#SPJ4
TRUE OR FALSE many e-commerce sites now host areas where users can post ratings, questions, or comments about a product or service. the content that is posted in these areas is referred to as customer-generated content (cgc).
True, many e-commerce sites now host areas where users can post ratings, questions, or comments about a product or service. the content that is posted in these areas is referred to as customer-generated content.
What does E-commerce mean?
E-commerce refers to the purchase and sale of goods and services, as well as the transfer of funds or data, over an electronic network, most notably the internet. Transactions can be business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C), or consumer-to-business (C2B). E-commerce is typically conducted via the World Wide Web, but it can also be conducted via email, mobile devices, social media, and other digital networks.
What does Service mean?
A helpful act, a kind deed, or work done for the benefit of others are all examples of service. It frequently entails devoting time, effort, and expertise to assist someone in need. In a business context, "service" can refer to any activity that assists in meeting the needs of customers or improving customer satisfaction. It can include providing customers with goods, solutions, or advice.
To know more about E-Commerce,
https://brainly.com/question/29115983
#SPJ4
__________ is a trait that involves enjoying influencing others to achieve shared goals and is shared by successful leaders.Option A: DriveOption B: Business knowledgeOption C: HonestyOption D: Motivation
Successful leaders possess the quality of motivation, which includes loving persuading others to work toward common objectives.
What is the difference between leader and leadership?It's crucial, but also possibly unclear, to distinguish between a leader and leadership. Leadership is the job or task that this person performs; the leader is the individual who plays that role. When referring to people in an organization who hold formal positions of authority, the terms "leader" and "manager" are frequently used interchangeably, regardless of how those people really behave in their roles. A manager may have statutory leadership responsibilities within an organization, but it does not necessarily mean that they actually wield such authority.
What are the leadership traits?A multitude of characteristics, such as ambition, vigor, the desire to lead, self-confidence, and intelligence, are frequently found in leaders. Even while some characteristics are advantageous, they do not guarantee that a person will make a good leader. The premise of the characteristic approach is that certain people are born leaders and are equipped with particular traits that distinguish them from other people.
To know more about leadership visit: brainly.com/question/28303643
#SPJ4
two researchers have identical models, data, coefficients and standard error estimates. they test the same hypothesis using a two-sided alternative, but researcher 1 uses a 5% size of test whiles researcher 2 uses a 10% test. which of the following statements is correct?
a) researcher 2 will use a larger critical value from the t-tables
b) researcher 2 will have a higher probability of type I error
c) researcher 1 will be more likely to reject the null hypothesis
d) both researchers will always reach the same conclusion.
Two researchers have identical models, data, coefficients and standard error estimates , both researchers will always reach the same conclusion.
What function do researchers serve?Researchers have an obligation to share their findings, collaborate with others when needed, and transmit and use information for the good of their employer, the economy, and society at large. In the course of their research, researchers have an obligation to conduct themselves honestly and ethically.
What do scientists go by?An individual who does scientific study to increase knowledge in a particular field is referred to as a scientist. There are various factors that encourage scientists to work. Many people want to know how the world came to be and why it is the way it is. They display a keen interest in reality.
To know more about researchers visit :
https://brainly.com/question/18723483
#SPJ4
Which of the following is usually included as an inventory holding cost?A. Order placingB. BreakageC. Typing up an orderD. Quantity discountsE. Annualized cost of materials
Breakage is usually included as an inventory holding cost. Hence, option B is appropriate.
What is the meaning of Breakage?Revenue from services that are paid but not used is referred to as "breakage" in accounting. The most well-known instance of breakage involves gift cards. Because a certain proportion of the gift certificates they sell won't ever be used, many companies sell gift cards.
An agreement or other arrangement between both parties that establishes responsibility or the settlement of damages between both parties to the Cleared Contract in the case that the Cleared Contract was rejected from clearing is referred to as a Breakage Agreement.
Learn more about Breakage here:
https://brainly.com/question/27963432
#SPJ1
Suppose, at a given point in time, Louie's Lute Lair is selling lutes in a perfectly competitive market and is producing at a level of output where price is less than marginal cost. Everything else held constant, Louie can increase his firm's profits by the quantity of lutes he produces and the price he charges for them. Select one: A. notchanging; increasing B. decreasing decreasing c. decreasingsincreasing. D. not changing; decreasing E. increasing; increasing F. increasing; decreasing G. increasing; not changing H. decreasing: not changing
The correct option is E. increasing, increasing. In a perfectly competitive market, Louie's Lute Lair is producing at a level of output where price is less than marginal cost. This means that Louie is incurring losses at the current level of production. In order to increase his firm's profits, Louie has to increase the quantity of lutes he produces and the price he charges for them.
Increasing the quantity of lutes produced will result in an increase in revenue, as Louie will receive more money for each lute sold. At the same time, increasing the price of lutes will increase the profit margin on each lute sold, since the cost of producing the lute remains the same regardless of the price charged.
By increasing the quantity of lutes he produces and the price he charges for them, Louie is able to increase his firm's profits. However, this increase will be limited by the fact that the market is competitive. If Louie increases his price too much, he will be undercut by his competitors, resulting in fewer lutes sold and lower profits for him. Therefore, it is important for Louie to find the optimal balance between quantity and price in order to maximize his profits.
To know more about perfectly competitive market click here
https://brainly.com/question/13961518
#SPJ4
the short-run macroeconomic equilibrium (or srme) occurs whenever the intersects the sras curve.
when the quantity of aggregate output furnished is equal to the extent of mixture output demanded; graphically, this is the price level and real GDP related with the intersection of the SRAS and AD curves.
Where does the short-run equilibrium occur?Short-run equilibrium happens at the intersection of the combination demand curve with the short-run combination furnish curve. The short-run mixture provide curve relates the volume of complete output produced to the fee degree in the quick run. It is upward sloping because of wage and rate stickiness.
On a graph, this happens at the point the place the AD curve intersects the short-run common provide curve, precisely on the long-run aggregate supply curve.
Learn more about short-run equilibrium here:
https://brainly.com/question/29238246#SPJ4Since bond market values are expressed as a percentage of their bond value, a $1,000 bond that is being sold at 93 would be trading at $____.930
If you buy the bond at a market price of 93, you will pay $930 for a bond that has a face value of $1,000 and will be worth $1,000 at maturity.
How do you determine the value of bonds?To determine the dollar value of a bond that is being sold at a certain market price, you can use the following formula:
Dollar value = (market price / 100) x face value
Using this formula, you can determine that the dollar value of a $1,000 bond that is being sold at 93 is $930. The calculation would be as follows:
Dollar value = (93 / 100) x $1,000 = $930
What is meant by bond's market price?The market price of a bond is the price at which it is traded, represented as a proportion of its intrinsic value. The price at which a bond is now traded on the market is known as its market price, which can differ from the bond's face value or par value, which is the sum that it will be worth when it matures.
To know more about bond's market price, visit:
brainly.com/question/13532666
#SPJ4
which of the following are similarities between mutual funds and hedge funds? multiple choice question. they are regulated by the same statutes they hold assets and sell shares to investors they can pursue market neutral strategies
They hold assets and sell shares to investors among the following is the similarity between mutual funds and hedge funds.
What distinguishes hedge funds from mutual funds?Mutual funds also offer modest entrance requirements for investors because the minimum investment amount is sometimes quite low. A hedge fund, on the other hand, is exclusively accessible to accredited investors. These people have high net worth, which means they make a lot of money or have a lot of money saved up.
Compared to hedge funds, are mutual funds more liquid?Mutual funds have higher liquidity than hedge funds but less liquidity than ETFs. Of the three, hedge funds have the least liquidity. These have modest expense ratios. Investors must, however, pay brokerage fees, STT, and other costs to trade stocks on the stock exchange.
To know more about Mutual funds, visit:
brainly.com/question/9965923
#SPJ4
using cell references enter a formula in cell b6 to calculate monthly payments for the loan omit the optional arguments
Following is the complete procedure to do the foresaid calculation in the Excel.
Click the Financial button and then PMT in the Function Library group of the Formulas tab. In the Rate argument box, type B3/12. In the Nper argument box, type B4. In the Pv argument box, type B2. Select OK.
Any excel spreadsheet, such as one created in Libre Office Calc or Microsoft Excel.
the following while your cursor is in cell B6.
In the function library group on the formulae tab,
pressed the financial button
then choose PMT.
In the rate argument box, type B3/12.
In the Nper argument box, type b4. In the argument box, type B2.
Hit "OK."
These presumptions were made:
In cell B3, the annual interest rate is kept.
payments are in cell B4
the cell-based loan amount is in B2
To learn more about formulas in Excel from given link
https://brainly.com/question/15894676
#SPJ4
he following partial balance sheet is provided for groom company: liabilities and stockholders' equity accounts payable
The debts-to-assets ratio for Groom Company is 37%.
What is the debts-to-assets ratio?The debts-to-asset ratio is one of the financial leverage ratios that demonstrates the proportion of the company's assets contributed by creditors as opposed to the ratio contributed by the stockholders.
Creditors (outside owners of capital) and stockholders are the two financiers of the assets of an entity.
Liabilities and Stockholders' Equity:
Accounts payable $7,900
Salaries payable 13,000
Bonds payable (Due in ten years) 23,000
Total liabilities = $43,900
Common stock, no par 27,700
Retained earnings 46,900
Total liabilities and stockholders' equity $118,500
Total assets = total liabilities and stockholders' equity = $118,500
Debt-to-assets ratio = total liabilities/total assets x 100
= 37.05% ($43,900/$118,500 x 100)
Thus, Groom Company's debt-to-assets ratio is 37%, showing that stockholders contribute 63% while creditors contribute 37% of the assets.
Learn more about the debt-to-assets ratio at https://brainly.com/question/5905586
#SPJ1
Complete Question:Liabilities and Stockholders' Equity
Accounts payable $7,900
Salaries payable 13,000
Bonds payable (Due in ten years) 23,000
Common stock, no par 27,700
Retained earnings 46,900
Total liabilities and stockholders' equity $118,500
What is the company's debt-to-assets ratio?
a(n) _____ should be a member of the internal team that sets the objectives for the project in case specific proposals for plan modifications and additional funding need to be made later on.
A business manager should be a member of the internal team that sets the objectives for the project in case specific proposals for plan modifications and additional funding need to be made later on.
A business manager is a qualified individual who is in charge of managing staff members to ensure operations are productive and efficient and giving instructions on how to perform various jobs most effectively while upholding client satisfaction. Business managers assist in putting strategies into action that will increase sales or profitability.
Planning and organizing are essential abilities for a skilled business manager. Additionally, they must have great judgment, be able to lead others well, and be aware of their management requirements.
To learn more about managers, visit the link below:
brainly.com/question/28444311
#SPJ4
A _____ is a data validation rule that identifies values that are questionable, but not necessarily wrong.
a.
reasonableness check
b.
sequence check
c.
range check
d.
validity check
A range check is a data validation rule that identifies values that are questionable, but not necessarily wrong.
Range checks are used to validate data that must fall within a specific range. There is a defined lower and higher boundary for reasonable values. For instance, a student in secondary school is most likely to be between the ages of 11 and 16. Only numbers from 11 to 16 can be programmed into the computer. A database validation technique is a range check. A range check verifies that data falls inside a predetermined range, between an upper and lower acceptable value. Even strings, dates, and numbers can benefit from range checks. A limit check compares a numerical amount to a predetermined amount. A range check determines whether a numerical value is inside a set lower and upper boundary. The input data will fit into the designated field thanks to a size check.
learn more about numerical value here
https://brainly.com/question/15870718
#SPJ4
. The preferred placement fora foreign key when working with a 1:1 relationship is ____.
a.Use the same primary key for both entities
b.Create a bridge entity
c.Place a foreign key in one of the entities
d.Place a foreign key in both entities
When using a 1:1 relationship, placing a foreign key in one of the entities is the recommended placement. Thus correct response is (C).
A one-to-one relationship in systems analysis is a sort of cardinality that describes the connection between two entities—A and B—in which only one element of A can be linked to one element of B, and vice versa.
The ability to establish a relationship between the tables that comprise a relational database system, like MySQL, is its essential building block.
Foreign keys, or fields that have the same meaning across all the tables in the relationship and act as points of connection to connect entries from several tables together, are used to manage these connections.
One record in one table is connected to just one record in another table via a foreign key relationship, which can also be one-to-many (a record in one table is linked to multiple records in another table).
To learn more about Relationship, Click here:
https://brainly.com/question/29525619
#SPJ4
Use of modified accrual accounting:
A.eliminates the need for keeping track of encumbrances during budget execution.
B.records expenditures when contractual payments are made.
C.records expenditures when materials are delivered.
D.requires immediate depreciation of all capital assets.
To what value would $20,000 compound in five years, assuming an annual discount rate of 5%?
A.25,526
B.21,000
C.20,000
D.19,048
Use of modified accrual accounting records expenditures when materials are delivered.
Modified accrual accounting is what?The terms cash basis and full accrual basis are combined to form modified accrual. When revenues are both measurable and accessible, they are recognized. Measurable means that it is possible to calculate the revenue's cash flow. Accessible – The income is available to cover immediate expenses that must be paid within 60 days.
What distinguishes the accrual basis of accounting from the modified accrual basis?The portion is recognized in the period and value when it is incurred under full accrual accounting. The present portion of long-term debt is recorded using modified accrual accounting when it matures. It can also be reported up to the point of liquidation using the accessible, squanderable cash resources.
To Know more about expenditures
https://brainly.com/question/29803226
#SPJ4
sffac no. 5 provides definition of the basic elements of accrual-based financial statements including which of the following?
The five basic elements of accrual-based financial statements as outlined in SFAC No. 5 include assets, liabilities, equity, revenue and expenses.
Assets are resources that are owned or controlled by an entity that are expected to produce economic benefits in the future. Assets can include things like cash, accounts receivable, inventory, and property, plant, and equipment.
Liabilities are obligations of an entity arising from past transactions or events that are expected to be paid in the future. Liabilities can include things like accounts payable, long-term debt, and accrued expenses.
Equity is the residual interest in the assets of an entity after the liabilities have been deducted. Equity can include things like common stock, retained earnings, and other comprehensive income.
Revenue is an increase in equity resulting from the sale of goods or services, the rendering of services, or the use of assets.
Expenses are decreases in equity resulting from the sale of goods or services, the rendering of services, or the use of assets. Expenses can include things like cost of goods sold, salaries and wages, depreciation, and interest expense.
To know more about accounting here
https://brainly.com/question/28389393
#SPJ4
Some original equipment manufacturers (OEMs) that participate in remanufacturing attempt to limit the cannibalization of new product sales by: A) charging more for remanufactured products than for new products. B) requiring a new product to be purchased with every purchase of a remanufactured item. C) establishing floors on the prices that are charged for remanufactured products. D) refusing to provide a warranty on remanufactured products.
Some original equipment manufacturers (OEMs) that participate in remanufacturing attempt to limit the cannibalization of new product sales by: establishing floors on the prices that are charged for remanufactured products.
Demonstrate OEM.
An original equipment manufacturer (OEM) creates the systems or parts that go into the final product of another business. For instance, computer makers frequently include OEM components in their sold systems, such as processors and software. Time and money can be saved by OEMs. Instead of having to design each tertiary portion or system, the use of third-party components allows an organization to concentrate on its primary business. An OEM partnership can help a manufacturer or reseller save money. Building manufacturing facilities or managing OEM production internally are not requirements for businesses. They merely incorporate the OEM components into their system and market their products under their own brand. Because of economies of scale, OEM items may be less expensive.
To know more about original equipment manufacturer visit:
https://brainly.com/question/23988969
#SPJ4
A group of university students buy coconuts from a farmers' market. The students consume the meat of the coconuts for food and use the shells to make sculptures. These sculptures are placed in a public park that any student can visit. The park sustains itself through students' donations.Some individuals have no incentive to donate to the park and will, instead depend on those who donate. this is an example of which of the following?
This is an example of a free rider problem.
The free rider problem is when people utilize or exploit a shared resource without contributing their fair part of the cost or without contributing anything at all. No matter how big or tiny a society is, the free rider issue might arise.
There are numerous instances of free rider issues. One typical instance is when someone continues to utilize public transportation despite not having paid for it. As a result, the service's quality may suffer, making it challenging for the supplier to continue offering it.
For more questions like Free rider click the link below:
https://brainly.com/question/14814490
#SPJ4
We would expect the interest rate on Bond A to be higher than the interest rate on Bond B if the two bonds have identical characteristics except that
a. Bond A was issued by a financially weak corporation and Bond B was issued by a financially strong corporation.
b. Bond A was issued by the Exxon Mobil Corporation
and Bond B was issued by the state of New York.
c. Bond A has a term of 20 years and Bond B has a term of 1 year.
d. All of the above are correct.
All of the above options are correct regarding the two bonds having identical characteristics, the interest rate on bond A is expected to be higher than the interest rate on bond B.
What is the relationship between interest rates and bonds?Bond prices are inversely related to interest rates. This means that when interest rates rise, bond prices fall, and when interest rates fall, bond prices rise.
Which bond do you think will pay the highest interest rate?Long-term bonds are riskier than short-term bonds. Long-term bond holders have to wait longer for the principal to be repaid. To offset this risk, long-term bonds typically pay higher interest rates than short-term bonds.
What happens to bonds when interest rates rise?Rate hikes can cause bond prices to fall. Income from municipal bonds is generally exempt from federal taxes, but may be subject to an alternative federal minimum tax (AMT) and state and local taxes.
To learn more about interest rates visit:
https://brainly.com/question/27990919
#SPJ4
if a u.s. multinational firm borrows euros for one year at 8% interest, and during the year the euro appreciates by 7% relative to the dollar, the approximate before-tax cost of this debt in dollar terms is
The approximate before-tax cost of this debt in dollar terms is Pre-Tax Cost of Debt = Annual Interest Expense ÷ Total Debt. This is the interest rate a company pays on its debt before cost any tax adjustments are made.
Companies borrow money by either issuing market bonds or taking out a bank loan. The cost of debt is the interest rate on new loans that the company must pay. The yield to maturity reflects the current required interest rate, whereas the coupon rate only reflects the required interest rate at the time the bond was issued. To calculate net debt, first add up all debt and cash and cash equivalents. The total cash or liquid assets are then subtracted from the total debt amount.
To learn more about debt, click here.
https://brainly.com/question/17286021
#SPJ4
