1- When we move to the right side on the time line, we are concerned about to calculate ________________. a. Terminal Value b. Invested Value c. Discounted Value d. Initial Value
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1- When we move to the right side on the time line, we are concerned about to calculate
________________.
a. Terminal Value
b. Invested Value
c. Discounted Value
d. Initial Value
2- 6. Which of the following is not the characteristic of a company?
a. Double
b. Unlimited Liability
c. Large Scale Business
d. Separate Legal Entity
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- Listed below are the current Accounting Assumptions and Principles Economic Entity Assumption Monetary Unit Assumption Historical Cost Principle Going Concern Assumption Revenue Recognition Principle Full Disclosure Principle Time Period Assumption Matching Principle Required: For the following situations, identify whether the situation represents a violation or a correct application of GAAP, and which assumption/principle is applicable. g. Buckner Corp is being sued for $1,000,000. There is a probable chance they will lose. The company disclosed this fact in their notes to their financials. Violation: (Yes/No) Applicable Assumption/Principle: h. Nixon Corp records and maintains their books at cost and/or current value, not at a liquidated value.…The balance sheet identity refers to the fact that A.) Current Assets and Current Liabilities must be equal to each other. B.) Shareholders equity in the current year must equal shareholders equity in prior year plus net income from the current year that is not being paid out as dividends or used to repurchase stock. C.) Assets must equal Liabilities plus Shareholders' Equity. D.) Net Property Plant and Equipment must equal Gross Property Plant and Equipment minus Accumulated Depreciation. E.) Shareholders equity can never be negative.While you analyze the financial statements of a Company, you notice that it has investedA major part of the Profits outside the Business in the form of Long Term / Short Term FinancialInstruments.a) What does this indicate b) Discuss 2 benefits of this for the investing company c) Discuss 2 negative points of such a method for the investing company Explain Briefly and Fast Please
- Please answer with reason for all why the option is correct and why the other options are incorrect................ 1. Accounting provides information on A. Cost and income for managers B. Company's tax liability for a particular year c. Financial conditions of an institutions D. All of the above.............. 2. The long term assets that have no physical existence but are rights that have value is known as A.Current assets B.Fixed assets C.Intangible assets D.Investments............. 3.The assets that can be converted into cash within a short period (i.e. 1 year or less) are known as A.Current assets B.Fixed assets c.Intangible assets D.InvestmentWhich of the statement is FALSEYang mana satu penyataan adalah SALAH? Select one:A.Capital is to be used to further increase the value of the company/ Modal akan digunakan untuk meningkatkan lagi nilai syarikat B.Capital is the net value of a company that exists in the form of cash, inventories & facilities (machines/equipments/vehicles) / Modal adalah nilai bersih syarikat yang wujud dalam bentuk wang tunai, inventori & kemudahan (mesin/peralatan/kenderaan) C.Capital is cash/facilities that are used to generate income/profit of a biz by way of investment Modal adalah tunai / kemudahan yang digunakan untuk menjana pendapatan / keuntungan biz dengan cara pelaburan D.Capital is only in the form of money/ Modal hanya dalam bentuk wang5.) For each definition, list the “ratio category (or grouping)” that is described by filling in the blanks from (a) to (f) and provide one example for each category or grouping. a) Determines a company’s ability to pay off short term obligations or debts as they come due. ________________________ b) Relates company’s internal performance to the external judgment of the marketplace in terms of what it is worth. ________________________ c) Identifies percentage of earnings paid out to shareholders and what is reinvested for internal growth. ________________________ d) Speed at which company turns over its inventory, receivables and long-term assets. ________________________ e) How a company is financed between debt [lenders] and equity [owners]. ________________________ f) Measures return on sales, assets and total capital. ________________________
- When analyzing a company's current ratio: A. the industry in which the company operates should not be considered. B. most successful businesses operate with current ratios between 0.1 and 0.5. C. the current ratio measures the company's ability to pay all liabilities (current and long-term) with current assets. D. a current ratio of less than 1.00 means that current liabilities exceed current assets.Which of the fo allowing statements is most correct?(a) The balance sheet statement summarizes how much the firm owns as well as owes for a typical operating period.(b) The income statement summarizes the ne1 income produced by the corpora1ion at a specified reporting date.(c) The cash now statement summarizes how the corporation generated ca-,hduring the operating period.(d) None of the above.a. Discuss using practical example to explain how the concept of dualism increases the liability of a business with respect to capital raised b. Discuss the double entry principle and how it contributes to preparation of balance shhet. c. Discuss, mentioning two current assets and how they will contribute to the growth of a business.
- Gains are: Select one: a. Inflows from selling a product or service to a customer. b. Increases in equity resulting from transfers of assets to the company from owners. c. None of the above. d. Increases in equity from peripheral transactions of an entity.Read the following statements (i) "Working capital is the amount of funds necessary to cover the cost of operating the enterprise." (ii) "Circulating capital means current assets of a company that are changed in the ordinary course of business from one form to another." Choose the correct. A. (i) and (ii) both are correct. B. (i) and (ii) both are false. C. (i) is correct but (ii) is false. D. (i) is false but (ii) is correct.Please quickly answerWhich of the following is / are correct? I. An enterprise established entirely with equity has no financial risk. II. All current and fixed assets owned by the business represent the financial structure of the business. III. Meeting the need for current assets with short-term liabilities and the need for fixed assets with long-term resources is called the “minimum financial balance rule”.