Positive laws are passed and promulgated by competent and legitimate

Q: EOQ for Purchasing considered as . (Choose the correct answer) O a. None of them O b. Optimal Order…

A: Hi student Since there are multiple questions, we will answer only first question.

Q: The ending balance of FDN Trading's accounts payable is P100,000 and the total debits and credits to…

A: The beginning balance of account payable can be calculated with the help of double entry book…

Q: A corporation is a business owned by its stockholders.

A: Company or Corporate: Company is an acceptable type of business organization or legal structure for…

Q: Social welfare is the sum of O tax revenue and deadweight loss. O deadweight loss and consumer…

A: Social welfare is an activity to serve the society by providing best quality products and services.…

Q: The following data are available for Division X: Sales COGS OP EX Total Current Assets-ave Total NCA…

A: The problem you provided involves calculating and evaluating the profitability of a new project…

Q: Oriole Company unadjusted trial balance includes the following balances (assume normal balances):…

A: Estimated uncollectible accounts = Accounts receivable x 6% = $1150000*6% = $69,000

Q: At the beginning of the period, FDN Trading had a cash balance of P22,000 and a notes payable of…

A: Solution Given Opening cash balance 22000 Opening notes payable 17000 Collection…

Q: Explain in detail, using examples where possible, the difference between hedging, speculation

A: In the world of finance and investments hedging and speculation are important concepts. Many…

Q: LO 8.4Before automation became more prevalent, overhead was often calculated and allocated as a…

A: The financial position of the company can be arrived from the income statement prepared by the…

Q: If there is a Standard or Interpretation that specifically applies to a transaction, it overrides…

A: The answer for the True or false question on the applicability of Conceptual framework is discussed…

Q: Briefly explain the assumptions of CAPM

A: Capital Asset Pricing Model (CAPM) is a measure used for determining the price of risky assets.…

Q: Managers may operate in stockholders' best interests, or managers may operate in their own personal…

A: The answer is stated below:

Q: ek 1 Terminology Matching Continued Terminology Matching Long-Term Investments Ratio Analysis…

A: Every organization incurs liabilities in some form or the other. The amount of money it borrows for…

Q: _7. The average daily balance method – new purchases included means that the company adds any new…

A: The average daily balance method computes the interest costs by considering the purchases, the…

Q: ACCT405.98A.SU.21 ACCOUNTING FOR EXECUTIVES Assignments Chapter 3 homework [myBusin BuhessCourse A…

A:

Q: Explain thoroughly why it is the answer.

A: solution : liabilities are : correct answer is present obligation arising from past events and…

Q: Prepare the required journal entries (on the Investments working paper) for Grass Cutting Inc. to…

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

Q: What are the key assumptions of the CAPM?

A: Introduction: The CAPM is an equilibrium model that stipulates the relationship between necessary…

Q: What assumptions are inherent in the EOQ model as presentedhere?

A: Economic order quantity (EOQ): Economic ordering quantity (EOQ) is the perfect order quantity a…

Q: Jennifer earns $50,000 in her first job today while her mom used to make $15,000 in her first job in…

A: Given, Jennifer Today's salary = $50,000 Her mom's salary in 1975 = $15,000 CPI today =212 CPI 1975…

Q: The basic purpose of accounting is to provide information about economic activities intended to be…

A: Accounting is a system meant for measuring business activities, processing of information into…

Q: Assets Cash Accounts Receivable Inventory Prepaid Rent Total Assets Liabilities and Owners' Equity.…

A: Income statement is the financial statement that records all the income and expenses of the business…

Q: Receiving cash in advance for services will be provided next month. This will have the following…

A: The cash represents the asset for the company and advance payment for the revenue represents the…

Q: Would you say this chart  is a technical or a fundamental analysis? Give reasons for your  answer?

A: The question is based on the concept of analysis of stock performance. Fundamental and technical…

Q: Ivanhoe Company's overhead rate was based on estimates of $199 200 for overhead costs and 19,920…

A: Total Overhead Cost Variance is the difference between the total overhead absorbed and the actual…

Q: Instructions: Whittier Company plans to sell 1,000 mowers at $400 each in the coming year. Total…

A: Solution..     Sales price per unit = $400  Variable cost per unit = $325  Fixed cost = $45,000…

Q: Which of the following is a characteristic of a current liability but not a non- 1 pc current…

A: Answer: The following is the characteristic of current liability and not a non-current liability:…

Q: Which of the following may be a current liability? Withheld Income Taxes Deposits Received from…

A: The liabilities are classified as current liabilities and long term liabilities.

Q: Explain what is meant by the term decision model.

A: Every business has to take important decisions now and then. A proper understanding of the situation…

Q: Answer the questions below as it relates to Targeting by Decile Grid: The Market Basket consists of…

A: Decile is a consumer reporting and analytics system that assists marketing in raising revenue,…

Q: You would rather have a tax deduction thana tax credit of equal size. Ture False A large tax refund…

A: FALSE Tax Credits and Tax Deductions both help in reducing the amount of income tax to be paid by a…

Q: 5. Development original and planned investigation undertaken with the prospect of gaining scientific…

A: Since you have asked multiple sub-parts so we can solve only first three sub parts for you please…

Q: Manning Imports is contemplating an agreement to lease equipment to a customer for four years.…

A: A lease is a written legal agreement between two parties: the lessor and the lessee. In the lease…

Q: deferred tax asset and deferred tax liability

A: Deferred tax is the tax arises due to the differences between accounting income and taxable income.…

Q: A debit side entry must have a corresponding credit side entry. The normal balance of an account…

A: Solution Debit and credit are used in company bookkeeping in order for its books to balance.

Q: Diana purchases an office building for $1,000,000, office equipment for $500,000 and computer…

A: MACRS consists of 2 deprecation systems: The General depreciation system (GDS) The Alternative…

Q: 15. Grants shall not be recognized on a cash basis as this is not consistent with GAAP.

A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…

Q: Indicate whether the statement is true or false. 1. A credit card can be used to purchase items on…

A: Credit card can be used to purchase items on credit only

Q: A petty cash fund of 50,000 comprised of the following on June 30, 2021, the company's year- end…

A: Petty cash: Petty cash fund is established to pay small expenses like office supplies, postage etc.…

Q: Cash advances and loans to other parties (other than advances and loans made by financial…

A: >Statement of Cash flows is one of the financial statements, and is prepared for a particular…