Business, 04.09.2020 22:01 lilpeepxliltracy
Which of the following is not a reason why an accountant in the United States should learn international accounting standards?
a. Some countries do not have the resources to develop accounting standards on their own.
b. Comparability is needed between companies operating in different areas of the world.
c. It would simplify the preparation of consolidated financial statements by multinational corporations.
d. Demand in the United States is heavy for an alternative to U. S. generally accepted accounting principles.
Answers: 2
Business, 22.06.2019 19:50
The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northernโs debt and that there are no taxes.
Answers: 2
Business, 22.06.2019 20:10
Russell's is considering purchasing $697,400 of equipment for a four-year project. the equipment falls in the five-year macrs class with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. at the end of the project the equipment can be sold for an estimated $135,000. the required return is 13.2 percent and the tax rate is 23 percent. what is the amount of the aftertax salvage value of the equipment assuming no bonus depreciation is taken
Answers: 2
Business, 22.06.2019 21:00
Describe what fixed costs and marginal costs mean to a company.
Answers: 1
Business, 23.06.2019 02:00
Upper a fish farm raises salmon and trout.a fish farm raises salmon and trout. the marginal cost of producing each of these products increases as more is produced. draw the firm's ppf. label it ppf1. the fish farmfish farm adopts a new technology that allows it to use fewer resources to feed the salmonfeed the salmon. draw a ppf that shows the impact of the new technology. label it ppf2.
Answers: 2
Which of the following is not a reason why an accountant in the United States should learn internati...
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