IAS 24 requires a reporting entity to disclose transactions with its related parties. Option C is answer.
IAS 24, or International Accounting Standard 24, sets out the guidelines for dealing with related party transactions in financial reporting. A related party is defined as an entity or individual that has the ability to influence or control the reporting entity, or with which the reporting entity has close relationships. The standard requires the reporting entity to disclose the nature of transactions, the volume of transactions, and any outstanding balances with related parties.
These disclosures provide transparency and allow users of financial statements to understand the potential impact of these transactions on the financial position and performance of the reporting entity.
Option C: disclose is the correct answer.
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Joshua Potts owes a balance of $6,000 on one credit card that charges 19 percent interest. He can pay off the balance in 2 years with monthly payments of $303. He has an installment loan with a balance of $2,000 on which he still has 24 remaining payments of $107. He can get a home equity loan for $8,000 at 6 percent interest. He can repay the loan in 2 years with monthly payments of $355. How much will Joshua save if he takes out a home equity loan to pay off his credit and installment debt?
The amount that will be saved when he takes out a home equity loan will be $1320.
How to calculate the amount saved on the loanFor the first loan, the total amount that will be paid will be:
= $303 × 24
= $7272
For the second loan, the total amount that will be paid will be:
= $107 × 24
= $2568
For the third loan, the amount that will be paid will be:
= $355 × 24
= $8520
The amount paid together in loan by credit will be:
= $2568 + $7272
= $9840
Therefore, the money that's saved will be:
= $9840 - $8520
= $1320
In conclusion, the amount saved is $1320.
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company x hired you as a consultant to estimate the company's wacc. you have obtained the following information. (1) the company's noncallable bonds mature in 20 years, have a coupon rate of 7.00% paid annually, a par value of $1,000, and a current market price of $950. (2) the company's tax rate is 30%. (3) the required rate of return on the company's common stock based on capm is 11.0%. (4) the target capital structure consists of 30% debt, with the remainder comprised of common equity. what is its wacc?
company x hired you as a consultant to estimate the company's wacc. you have obtained the following WACC information. (1) the company's noncallable bonds First, determine the bond's YTM (rD) is 9.24%.
You can do this by entering the following values into a financial calculator: Condition of the bond: PMT is 8%; N=20 Annual Coupon Payment80 Face Value for 1000; FV = 1000.
Bond price; if PV=1,050, then CPT I/Y=7.51% (This is the rD, or the Pretax cost of debt)
The cost of equity (rE) can then be calculated using the CAPM formula: r = risk free plus beta (market risk premium).
rE=0.0450 + 1.20(0.0550)
rE = 0.0450 + 0.066 = 0.111 or 11.1%
The WACC formula is then equal to W = weight of and rD = pretax cost of debt (1-tax).
WACC = (0.65*0.111) + [0.35*0.0751(1-0.40) ]
WACC = 0.07215 + 0.015771 = 0.0879
WACC thus is 8.79%.
WACC is calculated as Cost of Equity x Weight of Equity plus Cost of Debt x Weight of Debt.
Use the After Tax Cost of Debt, but don't forget to:
Cost of Debt r is calculated as follows: Py = -$850 Fy = $1,000 n=20 plyr = 1 pmt = $1,000 x 7.00% = $70 r=?
Using a calculator, r equals 8.60%.
Thus, WACC = 10.0% x 80%+6.192% x 20% =9.2384 or 9.24% and After Tax Cost of Debt = 8.60% x (1 - 0.28) =6.192% WACC for the business is 9.24%.
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For my personal finance class
Which of the following is an example of the paradox of value?
a. You might choose an inflatable raft over a luxury car if you are adrift at sea
b. You might choose a diamond over a bottle of water if you really love dressing up
c. You might choose a hamburger over a veggie burger at a fast-food restaurant
d. You might choose a pair of socks over a hat if you are feeling cold
Answer:
b because diamonds dressing up
skypie is a mom and pop bakery in detroit. it costs them $2.48 to make a single rhubarb pie. they sell the pies for $7.89 each. what percent of the price of a pie does the cost represent?
The cost represents 31.5% of the price of a pie.
The percent of the price of a pie that the cost represents can be calculated by taking the cost of the pie ($2.48) and dividing it by the selling price of the pie ($7.89). Then, multiply that number by 100 to express it as a percentage. In this case, the cost of the pie represents 31.36% of the selling price.
It's important for businesses to understand the cost of their products in relation to the price they are charging in order to ensure profitability and make informed pricing decisions. Additionally, understanding the cost-to-price ratio can also help with budgeting and cost management. In the case of Skypie Bakery, they have a 68.64% profit margin on their rhubarb pies. This means that they make a profit of $5.41 on each pie they sell.
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When Hurricane Andrew passed through Louisiana in the summer of 1992, approximately a quarter of the sugar cane crop was destroyed. Ceteris paribus,
Ceteris paribus, the decrease in sugar cane crop due to Hurricane Andrew passing through Louisiana in the summer of 1992 would result in an increase in the price of sugar cane.
Ceteris paribus, which means "all other things being equal," if approximately a quarter of the sugar cane crop was destroyed when Hurricane Andrew passed through Louisiana in 1992, there would be a decrease in the supply of sugar cane.
This would result in an increase in the price of sugar cane due to the reduced supply. This increase in price would likely be passed on to consumers in the form of higher prices for sugar and other products made from sugar cane, such as candy and soda. The degree of price increase would depend on the extent of the damage to the sugar cane crop and the availability of substitute products.
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The financially important reaction to produce the valuable product b not the real name was carried out in
Answer:
Jesse Pinkman's garage
Explanation:
The product B was carried out in Jesse Pinkman’s garage.
Jesse Pinkman was a character in an American neo-Western crime drama television series "Breaking Bad" where breaking bad was a low budget and have less money to buy equipment for the company.
To overcome this financial problem, Jesse Pinkmanmeet his cousin Bernie who gets reactors for them and the reaction takes place in the liquid phase in Jesse Pinkman’s garage.
Hence, the correct answer is "Jesse Pinkman's garage".
Identify the following parts of the business cycle using the figure to the right. The section of the curve to the left of point A is Business Cycle 7 Point A is Real GDP 4 The section of the curve between points A and B is Point B is The section of the curve to the right of point B is The agency that identifies a recession is the 0 0 A. BEA-Bureau of Economic Analysis. OB. Federal Reserve. O C. BLS-Bureau of Labor Statistics 0 D. NBER-National Bureau of Economic Research.
To identify the different parts of the business cycle using the figure provided, we need to refer to the following terms:
- Business Cycle 7
- Real GDP 4
- Point A
- Point B
The section of the curve to the left of point A is Business Cycle 7. This represents the peak of economic growth, where the economy is operating at its maximum capacity and output. Point A is Real GDP 4, which indicates the level of real Gross Domestic Product (GDP) at the peak of the business cycle.
The section of the curve between points A and B is the contraction phase of the business cycle. This is characterized by a decline in economic activity, lower levels of production, and rising unemployment rates. Point B represents the trough of the business cycle, where the economy reaches its lowest point.The section of the curve to the right of point B is the expansion phase of the business cycle. This is when the economy starts to recover and grow, leading to higher levels of production, employment, and income.
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Write a claim that responds to the question: Why can transferring energy into or out of a substance change molecules' freedom of movement? Be sure to include the words kinetic energy, temperature, and speed in your response.
Answer:
hope this help u
Explanation:
Transferring energy into or out of a substance changes its temperature, which changes the molecules' freedom of movement. Claim 2: Transferring energy into or out of a substance changes the molecules' kinetic energy, which changes their freedom of movement.
The most important thing about the transferring of energy can be found in the substances and the objects of concern. The energy of a substance comes to the fore because the main reason is transferring energy from the stagnant to a moving object is known as the transfer of the items and can be done by changing the substance as well as the movement of the energy.
What is a transfer of Energy?
Transfer of energy takes place when suppose an object is being forced to do anything. Supposedly if the object was in a space of stagnation then it can very well or divergently be known as the main thing.
The transfer of energy leads to the change in temperature of one thing to the other which leads to the change or the shift in the motion of certain beings. This is known as Kinetic Energy. When the molecules are readily in motion, during the process of the transfer of energy then it is called Kinetic Energy.
It is the Kinetic Energy of a substance that leads to the change in the temperature of a moving object and the transfer of power is the main reason behind it.
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Please help with economics for 100 points and brainliest
Answer: Okay, I’ll try.
Explanation:
the answer to your question is A
Carlos wrote a check for $44. 92 to pay his gas bill. He’ll use the check register to record his transaction. What will be his new balance? A check register has a balance of 415 dollars and 1 cent. $345. 09 $370. 09 $434. 93 $459. 93.
Which of the following is not the process of financial management? A Evaluating financial status B Setting goals C Record monthly expenses D Creating financial plan
Answer:
C) Record monthly expenses
Explanation:
Some HR workers investigate possible company violations. Why is it important for these workers to reserve judgment and be impartial? Explain in your own words. Then, imagine a situation in which someone may NOT reserve judgment and/or may NOT be impartial. Describe that situation.
To ensure a fair and impartial investigation, HR employees investigating potential company violations must reserve judgment and remain impartial.
Why is it critical for these employees to exercise impartiality and reserve judgment?HR professionals can gather all relevant data, facts, and evidence if they are impartial, and then evaluate it without having any preconceived notions or personal biases. They are able to make sound decisions using this strategy rather than relying on their own irrational thoughts or feelings to make decisions.
A situation in which the HR worker conducting the investigation is personally connected to or has a close relationship with the accused party could indicate that the individual may NOT reserve judgment or be impartial.
In such a scenario, the HR employee may feel compelled to safeguard their friend or coworker, which may result in a biased investigation and a result that does not accurately reflect the situation. The HR department's impartiality and integrity could be questioned in this scenario, which would jeopardize the investigation.
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Based on the graph shown above, which of the following is the equallibrium quantity and price at which the compony should sell the truck
Based on the graph shown above, the following is the equilibrium quantity and price at which the company should sell the truck: option B. 300 trucks at $6 per truck
What is an equilibrium quantity and price?In economics, an equilibrium quantity and price refers to a state in which the quantity of a good or service that a seller is willing to supply is equal to the quantity that a buyer is willing to demand, and the price at which this transaction occurs is the equilibrium price. This is also known as market equilibrium.
At the equilibrium price, there is no surplus or shortage of the good or service, and the market is said to be in balance. If the price is higher than the equilibrium price, there will be a surplus of the good or service, and if the price is lower than the equilibrium price, there will be a shortage.
The equilibrium quantity and price are determined by the interaction of supply and demand in a market. When the supply and demand curves intersect, the equilibrium quantity and price are established.
Therefore, the correct answer is as given above
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The complete question goes thus:
A toy company created a new truck to offer to consumers.
Based on the graph shown above, which of the following is the equilibrium quantity and price at which the company should sell the truck?
A. 200 trucks at $8 per truck
B. 300 trucks at $6 per truck
C. 400 trucks at $8 per truck
D. 200 trucks at $4 per truck
Which factor plays the biggest role in motivating economic decisions in a
market economy?
O A. Corruption in the leadership of powerful groups
O B. Commitment to maintaining a traditional lifestyle
O C. Competition between different businesses
D. Cooperation between governments and citizens
Cooperation between governments and citizens: plays the biggest role in motivating economic decisions in a market economy. Thus, option D is the correct option.
What Is a Market Economy?A market economy is a kind of capitalism in which a nation's companies and residents interact to determine economic policy and the cost of products and services. Although there may be some central planning or government interference, this phrase often denotes a more generally market-oriented economy.
The majority of economic decisions in a market economy are made through voluntary transactions that follow the rules of supply and demand. In a market economy, entrepreneurs are free to pursue profit by producing outputs that are worth more than the inputs they use, or, if they choose not to, to fail and close their doors. The forces of supply and demand are used in market economies to set the right prices and quantities for the majority of products and services.
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At meetings of the quality team, Juan is nervous about suggesting ideas
because he is not sure he understands why there are quality problems. What
would help Juan use positive workplace behaviors in the meetings?
Answer:
The correct option is;
D. Prepare by studying problems ahead of the meeting and listening carefully
Explanation:
Positive workplace behaviors in the meetings include preparation for the meeting to make the meeting productive for you and the other participants by ensuring;
1) Understanding the purpose of the meeting
2) Find out about the meeting agenda
3) To prepare for meetings
4) Make adequate preparation for the meeting
5) Know other attendees
6) Acquire and send out relevant information
It is important to study the problems ahead of the meeting and listen carefully to avoid being the one to ask others what the meeting was for when you join the meeting
Ensure the purpose for being at the meeting is clear and the meeting agenda is well known as well as what knowledge is expected and what is to be discussed.
Answer:
Prepare by studying problems ahead of the meeting and listening carefully
Explanation:
Company has a material standardet pound per una of output Fach pound has a standard price of $25 per pound. During Muty Com paid $14.000 for soto pounds, which is used to product 4730 unitsWhat is the price variance?
The price variance is -$104,250. Since the actual price paid is lower than the standard price per pound, we have an unfavorable or negative price variance.
To calculate the price variance, we need to compare the actual price paid per pound of material with the standard price per pound.
Standard price per pound = $25
Actual price paid = $14,000
Actual pounds purchased = 4,730
First, we calculate the standard cost of the pounds purchased:
Standard cost = Standard price per pound * Actual pounds purchased
Standard cost = $25/pound * 4,730 pounds
Standard cost = $118,250
Next, we calculate the price variance:
Price variance = Actual cost - Standard cost
Price variance = Actual price paid - (Standard price per pound * Actual pounds purchased)
Price variance = $14,000 - ($25/pound * 4,730 pounds)
Price variance = $14,000 - $118,250
Price variance = -$104,250
The price variance is -$104,250. Since the actual price paid is lower than the standard price per pound, we have an unfavorable or negative price variance. This indicates that the company paid less than expected for the materials, resulting in potential cost savings.
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3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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Individual state laws should be relied on to determine corporate law because, despite the existence and use of model corporation acts, there is considerable variation among the states. Group of answer choices True False
Individual state laws do indeed vary so there is a need to rely on state coporate laws so this is True.
Why should state corporate laws be used?State corporate laws tend to differ because different states have separate cultures and overriding norms.
As such, state corporate laws should be the main laws abided by instead of the model corporation laws at a federal level.
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Information related to Harwick Co. is presented below.
A. Prepare the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
B. Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15. Prepare the journal entry to record this payment.
1. On April 5, purchased merchandise from Botham Company for $23,000, terms 2/10, net/30, FOB shipping point.
2. On April 6, paid freight costs of $900 on merchandise purchased from Botham.
3. On April 7, purchased equipment on account for $26,000.
4. On April 8, returned damaged merchandise to Botham Company and was granted a $3,000 credit for returned merchandise.
5. On April 15, paid the amount due to Botham Company in full.
E5-2 General Journal
Date Account Titles Debit Credit
(a)
Apr. 5
6
7
8
15
(b)
May 4
Answer:
A.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
Cr Cash $19,600
Cr Merchandise inventory $400
B. Dr Accounts payable $20,000
Cr Cash $20,000
Explanation:
A. Preparation of the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
($23,000-$3,000)
Cr Cash $19,600
[$20,000*(100%-2%)]
Cr Merchandise inventory $400
($20,000-$19,600)
B. Preparation of the journal entry to record this payment Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15.
May 4
Dr Accounts payable $20,000
Cr Cash $20,000
($23,000-$3,000)
A large bakery buys flour in 25 kg bags. The bakery uses an average of' 4,860 bags a year. Preparing an order and receiving a shipment of flour bags involves a cost of $10 per order. Annual holding cost is $5 per flour bag. a) Determine the economic order quantity.
b) What is the average number of bags on hand (i.e., in inventory)?
c) How many orders per year will there be?
d)Calculate the total annual cost of ordering and holding flour.
e)If ordering costs were to increase by 50 percent order, by what percentage would the EOQ change?
a) Economic Order Quantity(EQO):Economic Order Quantity can be calculated using the following formula. \(EOQ = \sqrt{\frac{2DS}{H}}\)Where D = Annual Demand in Units S = Ordering Cost per Order H = Annual Holding Cost per UnitThen EOQ will be: \(EOQ
= \sqrt{\frac{2*4,860*10}{5}}\)= \(\sqrt{19,440}\) = \(139.28\) (approx.)The economic order quantity is 139 bags.b) Average Number of Bags on Hand:To find out the average number of bags on hand, we can use the following formula: \(Average\ number\ of\ bags\ on\ hand = \frac{EOQ}{2}\)= \(\frac{139}{2}\) = \(69.5\) (approx.)The average number of bags on hand is 69.5 bags.c)
Number of Orders per Year:We can find the number of orders per year by using the following formula: \(Number\ of\ Orders\ per\ Year = \frac{D}{EOQ}\)= \(\frac{4,860}{139}\) = \(34.89\) (approx.)So, there will be 34 orders per year.d) Total Annual Cost of Ordering and Holding Flour:Total Annual Cost of Ordering and Holding Flour can be calculated using the following formula:
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Which of the following are categories according to the Big Five Factors model?
Answer:
The Five Factor Model breaks personality down into five components: Agreeableness, Conscientiousness, Extraversion, Openness, and Stress Tolerance.
Explanation:
what is bheja?,,,,,,,,,,,
Answer:
search it up :)
Explanation:
What are four types of taxes that you pay (or are likely to pay in the future)? Describe these types of taxes
Four types of taxes that you can pay are the State Withholding Tax, a Federal Withholding Tax, a Property Tax, and a Sales Tax. Both withholding taxes are withheld from your paycheck going into state officials and federal officials. Property Taxes are charged against any personal property that you own, and Sales Tax is what you pay on any purchases that you buy, each price varying depending on what state or country you're in.
The State Withholding Tax, Federal Withholding Tax, Property Tax, and Sales Tax are the four sorts of taxes you can pay.
What is Property Tax?
A property tax, usually referred to as a millage rate, is levied by the majority of regional governments in the United States as their main revenue source. Either real estate or private possessions may be subject to this tax. The majority of property owners are required by law to pay real estate taxes in each of the 50 states of the United States, and state property taxes differ.
It's interesting to note that in the USA, property taxes are the main source of income for state and local governments. Property taxes are assessed based on the value of your home, and the average rate is now between 0.1% and 1.9%.
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A market in which every buyer can purchase as much as is desired, and every seller can sell all they wish, is called:__________
The term used to describe a market where buyers can purchase unlimited quantities and sellers can sell as much as they desire.
The market characterized by unlimited buying and selling is known as a perfect market or a perfect competition. In a perfect market, there are numerous buyers and sellers, and no single participant has the power to influence the market price. The concept of a perfect market is based on the assumption of perfect information, absence of barriers to entry or exit, and homogeneous products.
In a perfect market, buyers have the freedom to purchase as much of a good or service as they desire, and sellers can offer their entire supply without restrictions. This allows for a high level of competition and efficient allocation of resources. The absence of constraints on buying and selling ensures that the market operates at its equilibrium, where supply equals demand.
The key characteristics of a perfect market include the presence of many buyers and sellers, free entry and exit, perfect information, homogeneous products, and the absence of market power. These conditions create an ideal scenario for market efficiency and the determination of equilibrium prices and quantities.
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A market in which every buyer can purchase as much as they desire, and every seller can sell all they wish, is called a perfect market. In a perfect market, there are no restrictions on the quantity of goods or services that can be bought or sold.
This means that buyers can purchase any amount they want, and sellers can sell as much as they have available. In a perfect market, there is also perfect competition, meaning that there are many buyers and sellers, and no individual buyer or seller has the power to influence prices. This ensures that the market operates efficiently and that prices are determined solely by supply and demand.
In a perfect market, buyers and sellers have complete information about prices, quantities, and other relevant factors. This allows them to make informed decisions and ensures transparency in the market.
Overall, a perfect market allows for unlimited buying and selling, with no restrictions on quantity and perfect competition among buyers and sellers. It is an idealized market condition that is often used as a benchmark for understanding real-world markets.
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In the business world, which word means that over time a solution needs to be able to scale up, or sometimes down
Question 3 options:
upability
scalability
downability
solution ability
The need for a solution to be able to scale up, and sometimes down in the business world is scalability.
What is scalability?This is the degree to which a solution is flexible enough to be scaled up if this would bring in more returns to the business.
The solution also needs to be able to be scaled down if this is what is best. Basically, scalability talks about how easy it is to make a solution adaptable to the business environment.
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A U.S. Senator from Michigan is in favor of environmental regulations that forbid industries from disposing chemical wastes in rivers, despite the fact that many companies in Michigan might come under scrutiny for the violation of such regulations. This scenario illustrates the _____ taken by Congress members.
Answer:
the trustee view of representation
Explanation:
Every T account has two sides, credit and credit side.
True
False
Answer:
False
Explanation:
The two sides are DEBIT and credit.
wich market structure is agriculture farming operates
Answer:
Economists often use agricultural markets as an example of perfect competition. The same crops that different farmers grow are largely interchangeable.
hope that helps<3
give an example of a business operating in a monopolistic market in South Africa
Answer:
Diamond sales by De Beers's Central Selling Organisation (CSO) and SA Breweries' (SAB) production of beer.
Explanation:
That is one I honestly think.
:D HOPE THAT HELPS, GOODLUCK!
Think about where you will be in your career and your life five years into the future. Create a list of the jobs that you think you will have, the additional skills you might develop, and the further education you will pursue. Using this list, prepare a résumé for yourself that reflects where you believe you will be in five years. Once you have prepared the résumé, share it with someone in your family or with a close friend. Ask them for their insight as to whether the résumé is an accurate portrayal of where they think you will be in five years. If their opinion is different from yours, can you determine why? How might this information factor into your present and future career decision-making?
Explanation:
It is essential that when choosing the business administration course there is a directing of the student to one of the multiple administrative areas in which a career can be built.
Assuming that there is an interest in building a career with a focus on entrepreneurship in the market, it is necessary that there are significant skills for entrepreneurs, that is, communication skills, flexibility, and conceptual skills, which allow the administrator a broad view of the business, coordinating and controlling its resources to position itself favorably in the competitive market.
If your focus is to open a new business, it is necessary that you evaluate your profile, considering that this is an activity that requires resilience, organization, a lot of study and determination. When preparing your resume and asking for the opinion of people close to you, analyze if the characteristics of an entrepreneur will match yours, and adjust to develop them if necessary, seek support material, such as great scholars, scientific articles, try to observe the business scenario, and dedicate yourself to making your business prosper.