Business, 06.10.2019 02:30 tmgoddess2004
Is the rationale for why plant assets are not reported at liquidation value. (do not use the historical cost principle.) choose the accounting concept b. indicates that personal and business recordkeeping should be separately maintained. choose the accounting concept c. ensures that all relevant financial information is reported. choose the accounting concept d. assumes that the dollar is the ""measuring stick"" used to report on financial performance. choose the accounting concept e. requires that accounting standards be followed for all items of significant size. choose the accounting concept f. separates financial information into time periods for reporting purposes. choose the accounting concept g. requires recognition of expenses in the same period as related revenues. choose the accounting concept h. indicates that fair value changes subsequent to purchase are not recorded in the accounts.
Answers: 2
Business, 22.06.2019 13:30, ayoismeisalex
On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?
Answers: 3
Business, 22.06.2019 17:40, payloo
To appeal to a new target market, the maker of hill's coffee has changed the product's package design, reformulated the coffee, begun advertising price discounts in women's magazines, and started distributing the product through gourmet coffee shops. what has been changed? a. the product's perceptual value. b. the product's 4ps. c. the method used in its target marketing. d. the ownership of the product line. e. the product's utility.
Answers: 3
Is the rationale for why plant assets are not reported at liquidation value. (do not use the histori...
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