Which of the following statements is true? Multiple Choice

Q: High paid €64,000 to acquire an 80% interest (4,000 €1 shares) in the ordinary share capital of Low…

A: The consolidated group reserves as at 31 December 20X3 are (A) €124,000

Q: Bonds of Francesca Corporation with a par value of $1,000 sell for $965, mature in five years, and…

A: Horizon Yield refers to the rate of return from the bond if it is held till maturity.

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: What is the answer question (A ) only??

A: Lets understand the basics. Management calculates the cash collection and cash payment for the…

Q: What is the effect of an entry to record the purchase of inventory on account under the perpetual…

A: Under the perpetual inventory system, purchases are directly debited to the "Inventory account". And…

Q: 1. All partnerships have general partners. 2. Each partner generally has the authority to enter into…

A: Since you have posted multiple questions, we will provide the solution only to the first five…

Q: The degree of operating leverage Select one: O a. can be computed by dividing total contribution…

A: Leverage is the risk that a company bears.

Q: At the temporary financial hardship stage, the company is unable to pay its due obligations,…

A: Liquidity means ability of the business to pay its short-term liabilities. Inability to pay-off…

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: You would like to purchase a car with a negotiated price of $39,000, and the dealer offers financing…

A: Present value refers to whether money received in the current period or today is worth more than…

Q: Concord Corporation purchased a one-year insurance policy in January 2020 for $79200. The insurance…

A: The question is based on the concept of Financial Accounting.

Q: Choose the term that is associated with estimating the uncollectible accounts balance existing in…

A: There is always some default risk associated with extending credit to the customers. When the…

Q: Astris Energi Inc. received $2037 a business partner that borrowed money from the company. The…

A: When some person has borrowed money from the business, then that money is in the form of receivable…

Q: uestion 14 Controls are not designed to provide assurance that: A. Transactions are executed in…

A: Internal controls are the rules and regulations laid down by the management which must be followed…

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

A: The answer is stated below:

Q: Dinklage Corp. has 121 million shares of common stock outstanding. The current share price is $49,…

A: Weight of common stock : it means the ratio of equity and total  capital used by the firm whether on…

Q: Treasury stock is classified as: OA A contra equity account. O B. A contra asset account. OC An…

A: Treasury Stock:  It is a stock that gets later repurchased by the company in order to reissue again…

Q: Are these answers correct

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: (a) Both depreciation and interest on borrowed money are by default in then-current form and thus,…

A: "Since you have posted multiple questions with multiple sub parts, we will provide the solution…

Q: (a) What are the current yield on a three-year bond whose face value is $1000 with a coupon rate of…

A: Bonds are the financial instruments that are the debt instruments of a company and are used for…

Q: What are the most important Cash Outflows from Financing Activities? Check All That Apply Issuing…

A: Issuing Bonds: Cash inflow - Financing activity   Issuing Stocks: Cash inflow - Financing activity…

Q: IFRS are determined by the O a. International Accounting Studies Board. b. International Auditors'…

A: IFRS (International financial reporting standards) refers to a set of rules and guidelines which…

Q: Java Coffee is preparing to pay its fırst dividend. It is going to pay $1, $1.5, and $1.75 a share…

A: Share worth = Dividend1 / ( 1 + Rate )1 + Dividend2 / ( 1 + Rate )2 + Dividend3 / ( 1 + Rate )3 +…

Q: Which of the following are substantive tests?

A: For identifying whether the following are substantive tests or not we need to first identify what is…

Q: - 3. Consider the balance sheet of Wilkes Industries as shown below. Because Wilkes has $800,000 of…

A: Answer:- Asset refers to the resource that a company owns or controls to use in production to…

Q: Which answer is correct and why?

A: Under average cost method, average cost per unit is calculated as: = Total cost of opening inventory…

Q: The current dividend yield on Mike's Fashions common stock is 2.75 percent. The company just paid a…

A: current price = annual dividend / dividend yield

Q: which is correct from these attached?

A: A cash flow statement is the one prepared as a part of financial statements under which the cash…

Q: If a company invests in production improvement option D that will boost labor productivity by 50%,…

A: The total amount of money that companies spend on employee salaries, benefits, and taxes is referred…

Q: Electricity Gas Water Utilities 6000.00 $.15/kwh Phone $40/month $100/month $1/100 ft3 Internet…

A: A utility bill is a monthly invoice that is generated by a utility company, such as an electricity,…

Q: Fiscal year: It must be 12 months and cover all four seasons of the year. O true False

A: The fiscal year is one year that refers to one year period which is used for preparing financial…

Q: Under clean-surplus accounting, a statement of common shareholders' equity has no income other than…

A: According to the clean surplus accounting idea or concept, equity-related profits and losses should…

Q: Carbbean Company sold 100,000 gizmos at $12 each. Fixed costs were $300,000 and net income was…

A: As per the CVP income statement, the contribution margin is determined after deducting variable…

Q: If a firm's tangible assets are measured at their fair (intrinsic) value, one must forecast that…

A: Fair (Intrinsic) value: When the price of tangible assets such as buildings, machinery, etc. is…

Q: Which of the following are Cash Outflows from Investing?

A: The cash flow statement shows the cash inflow and cash outflow from the operating activities,…

Q: Decide if the following statements are true or false and select the correct answer: If a company is…

A: Allowance is made from the net income from the business. So any uncollectible accounts are then…

Q: Stinnett Transmissions, Incorporated, has the following estimates for its new gear assembly project:…

A: In the  Best case scenario, unit sales and unit price will increase, while the Unit variable cost…

Q: Price Quantity Demanded Per Month $5 $4 $3 $2 $1 60 80 100 120 140 Quantity Supplied Per Month 200…

A: 1. The correct answer is option - c) The equilibrium price is $3 and equillibrium quantity is 100…

Q: Can you explain why b is the answer please?

A: Receivables refer to amount that are owed to the business by various parties that he business deals…

Q: Part of the benefits of the development of clean wind power for New York State will be the public…

A: The development of clean wind power in New York state has created more job opportunities.…

Q: Which of the following statements is currently true:

A: Statement (a) This statement is not true because if a person keeps working at the age of 66 and…

Q: (C) (51.05) (d) 10 10

A: The future value and present value can be find out from the interest rate and time period of…

Q: Sheridan Company incurred the following costs for 86000 units: Variable costs $524600 Fixed costs…

A: Special order costing is primarily used when a company receives a request for a product or service…

Q: If you pay a price to buy a bond that is below its value, you will get a return that is lower than…

A: The statement is false

Q: Environmental remediation a

A: in environmental remediation If there's no legal burden or demand in-tuned the remedy prices,…

Q: c-1. If you had bought the January put with exercise price $105, will you exercise your put? Yes✔ No…

A: It is a case of buying a put option. So right to sell will be exercised when current price is less…

Q: One retailer charges $1048 for a laptop computer. A firm of tax accountants buys 8 of these laptops.…

A: Cost of laptop = $1048Total purchased =8 unitsDown payment = $1200Interest rate = 6%Number of years…

Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.