"The amount for which an asset might be traded, an obligation paid, or an equity instrument awarded, between knowledgeable, willing parties in an arm's length transaction," is how IFRS 2 defines fair value.
In a share-based payment, the entity exchanges its equity instruments for goods or services, or it assumes liabilities for amounts depending on the share price or other equity instrument value.A company must record a cost or asset for goods or services in accordance with IFRS 2, with the credit entry being recognized as either an equity holding or a liability. The fundamental accounting premise for share-based compensation is as follows (depending on how the share-based payment award is required to be settled).To know more about share here
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The Nelson Company has $1,200,000 in current assets and $480,000 in current liabilities. Its initial inventory level is $305,000, and it will raise funds as additional notes payable and use them to increase inventory. How much can Nelson's short-term debt (notes payable) increase without pushing its current ratio below 2.0? Do not round intermediate calculations. Round your answer to the nearest dollar. $ What will be the firm's quick ratio after Nelson has raised the maximum amount of short-term funds? Do not round intermediate calculations. Round your answer to two decimal places.
The Nelson Company has $1,200,000 in current assets and $480,000 in current liabilities. Its initial inventory level is $305,000, and it will raise funds as additional notes payable and use them to increase inventory.
To avoid a decline in the current ratio below 2.0, how much can Nelson's short-term debt (notes payable) increase?The formula for calculating the current ratio is:
Current ratio = Current assets / Current liabilities. A current ratio of 2:1 or greater is generally considered acceptable for most enterprises. So, the current ratio is as follows:
Current ratio = $1,200,000 / $480,000 = 2.5 times
Let us now determine the maximum amount of short-term funds the company may obtain without pushing its current ratio below 2.0. Assume that the company raises the amount of additional notes payable, X dollars, and uses it to buy inventory. The maximum quantity of notes payable that can be added to inventory without causing the current ratio to fall below 2.0 is then determined as follows:
$1,200,000 / ($480,000 + X) ≥ 2.0$480,000 + X ≤ $600,000X ≤ $120,000
Thus, the maximum amount of additional notes payable is $120,000. If Nelson were to increase its notes payable by the maximum amount, its current liabilities would increase by $120,000, from $480,000 to $600,000. As a result, Nelson's current ratio would decline as follows:
Current ratio = $1,200,000 / $600,000 = 2.0 times
Let us now calculate the company's quick ratio after it has raised the maximum amount of short-term funds. The Quick ratio is determined by dividing the current assets by the difference between the current assets and the inventory. QR = (Current assets – inventory) / Current liabilities The calculation of quick ratio is as follows:
Quick ratio = ($1,200,000 − $305,000) / $480,000 = 1.99 times
The quick ratio after Nelson has raised the maximum amount of short-term funds will be 1.99 times.
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Suppose that cheese is a normal good for Raj
while crackers are an inferior good. If the price of
cheese falls, what happens to Raj’s consumption
of crackers? What happens to his consumption of
cheese? Explain.
If cheese is a normal good for Raj while crackers are an inferior good, then if the price of cheese falls, his consumption of cheese will increase. On the other hand, his consumption of crackers will decrease when the price of cheese falls.
Here is an explanation:
When cheese, which is a normal good for Raj falls in price, the purchasing power of Raj’s income increases. This increased purchasing power allows Raj to buy more of both goods that is cheese and crackers. As cheese is a normal good, the increase in Raj's income will lead to an increase in his consumption of cheese.
On the other hand, when the price of cheese falls, the income effect for crackers is negative because crackers are inferior goods. So, when the price of cheese falls and Raj's income increases, he will decrease his consumption of inferior good crackers. This is because he can now afford more cheese, which he prefers over crackers.
Hence, when the price of cheese falls, Raj’s consumption of cheese will increase and his consumption of crackers will decrease.
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S.
Economics
Explain the term "Budget"
Eliza Conner owns a small clothing boutique. Eliza uses her personal checking account for both business and personal needs. How would you convince Eliza that she should open a separate
bank account for her business?
Answer:
1. It will cause them confusion throughout the tax calculating process.
2. Using a single account will make it difficult to keep payroll records.
3. Keep track of your personal expenses and earnings.
Explanation:
1. It is preferable to establish a separate account to separate the firm's actual income and expenses.
2. Payroll expenses are indistinguishable from personal expenses.
3. This allows you to cross-check bank and hand-made documents for income and expenses. Because cash transactions may not be recorded in the bank account, the entrepreneur should preserve receipts in order to compute revenue and expenses, which may result in erroneous financial statements.
There are many similarities and differences between Platonic and Aristotelian metaphysics. Select the statement about metaphysics with which only Aristotle would agree.
Answer:
"Option b" would be the right choice.
Explanation:
Throughout the given question, options are not given. Please find attachment of the rest of the options.
Besides Plato, it would've been necessary for research and theory, as well as logic, should "demonstrate" a notion or determine a material's characteristics, whereas Aristotle often favors scientific understanding but rather an observation. Plato claimed in two different perspectives, primarily the real world as well as the globe of shapes, although for Aristotle, the human mind is just once philosophy.Plato seems to be a moral relativist, either the unquantifiable consciousness, as well as the brain, generates exist because it is the individual that recognizes humanoid form.Other decisions aren't linked to the information stated. So that the response above is appropriate.
What is The movement of the economy from
one condition to another ohd bach again?
Answer:
Business Cycles is the right answer
Explanation:
What is the basis of effective communication? group of answer choices the interpretation of meaning transmitting a message from sender to receiver support of basic management functions consistency of meaning nonverbal feedback
Answer:
The basis of effective communication is the transmission of a message from the sender to the receiver in a way that ensures a shared understanding of its meaning.
Explanation:
Effective communication requires that the message is transmitted clearly, accurately, and concisely, and that the receiver interprets it as the sender intended. The support of basic management functions, consistency of meaning, and nonverbal feedback can all contribute to effective communication, but they are not the basis of it. Ultimately, effective communication is built on a shared understanding of the message being conveyed, and it is the responsibility of both the sender and the receiver to ensure that this understanding is achieved.
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what are the two general areas of specialization in accounting?
Answer:
Financial Accounting. Financial accounting is an area of accounting that deals with the recording, classifying, reporting and interpreting of a business financial performance and economic conditions to interested users ...
Managerial Accounting. Managerial Accounting is an area of accounting that deals with accumulation of financial information and preparation of reports for internal users only, like the company’s management or ...
Cost Accounting. Cost Accounting is an area of accounting that captures and accumulates manufacturing or production costs for internal use of an entity’s management, used in decision making purpose.
Explanation:
why is training important for a good job?plz answer
Please!!!!!!!!!!!!!!!!!!!!please!!!!!!!!!!!!!!!!!
What is Marketing and why is it important in a global economy? How do you interact with and are
affected by marketing daily?
Answer:
Many companies have become disillusioned with sales in the international marketplace as old markets become saturated and new ones must be found. How can they customize products for the demands of new markets? Which items will consumers want? With wily international competitors breathing down their necks, many organizations think that the game just isn’t worth the effort.
measure the diameter of a tin in mm and write down the real diameter in mm
Based on the context of the question and the image, the required real diameter of the tin is 250 mm.
What is the diameter?Diameter is a term. that is used to describe the measurement of the length of a straight line that passes through the center of a circular object, such as a circle or a sphere.
Generally, diameter is defined as the distance between two points on the object's edge that are furthest from each other and that pass through the center of the object.
Therefore, in this case, given that the diameter of the tin in the picture is 10 cm, then the actual diameter of the tin can be calculated as:
Actual Diameter = 2.5 x Picture Diameter
Actual Diameter = 2.5 x 10 cm
Actual Diameter = 25 cm
Thus, to convert the actual diameter to millimeters (mm), we can multiply by 10 and it is depicted as follows:
Actual Diameter in mm = Actual Diameter x 10
Actual Diameter in mm = 25 cm x 10
Actual Diameter in mm = 250 mm
Therefore, in this case, it is concluded that the correct answer is 250 mm.
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when loan payments are amortized, the total amount you owe every month remains constant but the amount of interest you own decrease every month. true or false
It is true that when loan payments are amortized, the total amount you owe every month remains constant but the amount of interest you owe decreases every month.
What happens when loan payments are amortized?When loan payments are amortized, the total amount you owe every month remains constant but the amount of interest you owe decreases every month. This is because the payments are structured to pay off both principal and interest, with more of the payment going towards interest at the beginning of the loan term and more going towards principal as the loan matures.
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abc has the following current assets: cash, $102 million; receivables, $94 million; inventory, $182 million; other current assets, $18 million. abc also has the following liabilities: accounts payable, $98 million; long-term debt, $23 million. based on these amounts, what is the acid-test ratio ?
The acid-test ratio for ABC is approximately 2.18.
To calculate the acid-test ratio, also known as the quick ratio, you need to consider the following current assets: cash, receivables, and other current assets, but exclude inventory. The formula for the acid-test ratio is:
Acid-Test Ratio = (Cash + Receivables + Other Current Assets) / Current Liabilities
Let's calculate it based on the given amounts:
Current Assets:
Cash = $102 millionReceivables = $94 millionOther Current Assets = $18 millionCurrent Liabilities:
Accounts Payable = $98 million
Now, let's calculate the acid-test ratio:
Acid-Test Ratio = ($102 million + $94 million + $18 million) / $98 millionAcid-Test Ratio = $214 million / $98 millionAcid-Test Ratio ≈ 2.18Therefore, the acid-test ratio for ABC is approximately 2.18.
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Identify and explain one advantage and one disadvantage to BMW if the government increased value added tax
Answer:
The advantage for BMW is that an increase in value added tax will also affect BMW cars. This means that BMW will be more expensive, making it likely to for BMW earn more revenue, and thus, for its stockholders to earn more profit.
However, the disadvantage is exactly the same, just the other way around: the VAT increase would also affect prices for many parts, supplements, and other goods and services that BMW acquires to make cars. This in turn will also raise production costs, making higher selling prices not only a possibility, but likely a necessity in order to maintain profit margins.
the euro rises against the dollar
When labor productivity increases over time, generally A) it is due to increases in the number of workers B) So do average wages C) It results in higher For prices for goods and services .
Answer:
The answer is B.
Explanation:
Labour productivity is given as output per unit of labour input.
When output increases in an industry, ceteris paribus, the industry may have to lower prices in order to sell that increase. When output increases(labor productivity increases), workers will demand for higher wages. This is so because the efficiency of the workers has improved and there is need for compensation.
why should the profession selected on the basis of availability of natural and human resources give reason
Answer:
guu tera baje ko tuppi bhayeraaa
Marketers will, based on solid research, identify a specific ______________ ______________ (2 words).
Answer:
product and service
Explanation:
Market research focuses on the strategic analysis of the quantitative and qualitative data and the issues related to the marketing of the product and services. During the changing elements of marketing mix which will impacts the customer's behavior. The research often includes Business to consumer and to businesses. Aiming to understand the comparatives of the product and services in the market.Entrepreneurial mind frame permits the entrepreneur to see things in a very positive and optimistic light.True or false?
When an entrepreneur has a very positive and optimistic vision, he adjusts to the entrepreneurial mental framework (True)
The entrepreneurial mind frame is a term that refers to the human way of thinking that takes any situation in a very positive and optimistic way.
This mentality is characterized by seeing the positive factors in difficult situations or crises. On the other hand, it is a mind frame that allows the individual to take advantage of negative situations to devise innovative solutions.
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What are 3 reasons for having a checking account?
The major reason for having the checking account are financial safety, easy access to your funds, savings from check-cashing fees, and overall financial peace of mind.
Checking account:
In accounting, checking account is the type of bank account that allows you to easily deposit and withdraw money for daily transactions.
Given,
Here we need to find the 3 reasons for having a checking account.
Based on the given definition we know that the checking account is the that is perfectly suitable for the daily transactions actions.
Therefore, the reason behind the usage of checking account is listed as,
=> helps you manage your day-to-day finances, such as paying your bills,
=> receiving direct deposit of your paycheck, and
=> withdrawing cash from an ATM.
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Indicate whether each item identifies an adaptive or innate immunity. - Second line of defense - Acid mantle- Clonal selection - Third line of defense - Vaccines - First line of defense - Memory - Agglutination
Adaptive immunity: Vaccines, agglutination, memory, clonal selection, the third line of defense.
Innate: acid mantle, the first line of defense, the second line of defense.
What is adaptive immunity?The immune system's adaptive immune system, sometimes called the acquired immune system, comprises specialized, systemic cells and processes that either destroy infections or stop their growth. The adaptive immune system, which kills invasive pathogens, is similar to the innate immune system in that it consists of both humoral immunity components and cell-mediated immunity components.
The adaptive immune system is very specialized to each unique pathogen the body has faced, in contrast to the innate immune system, which is pre-programmed to respond to common broad categories of pathogens.
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List three types of market structure
Answer:
perfect competition, imperfect competition, oligopoly, and monopoly. Perfect competition describes a market structure, where a large number of small firms compete against each other with homogenous products.
Urban businesses sold manufactured goods to all levels of society, thus leveling social classes. This newly created material culture was based on
People are often classified based on their level of riches. This newly created material culture was based on social stratification
What is social stratification about?Social stratification is a type of system that group individuals into different kinds of socioeconomic strata using factors like wealth, income, race, education, etc.This kind of system is used in the society to categorizes people, and ranks them in form of hierarchy.
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The account holder of a checking account is referred to as the _________ on a written check.
a. Payee
b. Drawee
c. Drawer
d. Authorized user
Because susans standard deduction is greater than the amount she made, it turns out that Susan never owed taxes. How large of a refund should she expect from the Federal
government if she follows through on filing her 1040 form
Note that if Susan's standard deduction is greater than the amount she made, it means her taxable income is zero. If she had any taxes withheld from her paychecks throughout the year, she would be eligible for a full refund of those taxes.
What is the rationale for the above response?Assuming Susan is a single taxpayer under the age of 65 and not claimed as a dependent on anyone else's tax return, her standard deduction for tax year 2022 (filing in 2023) would be $12,950.
If Susan's total income for the year is less than or equal to $12,950, she would owe no federal income tax and would be eligible for a full refund of any federal income tax withheld from her paychecks or estimated tax payments she made throughout the year.
The exact amount of her refund would depend on how much federal income tax was withheld from her paychecks or paid in estimated tax payments throughout the year. Susan can determine the amount of her refund by completing her tax return using Form 1040 and any other applicable forms and schedules.
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The headquarters for an international consulting firm is considered to be a(n)?
The headquarters for an international consulting firm is considered to be an investment center.
An investment center refers to a business unit within an enterprise. It is an organizational unit responsible for its revenue, expenses, and assets. It utilizes its capital to generate returns that benefit the firm. It contributed directly to a company's profitability. Its performance is evaluated based on the revenues it brings in through investments in capital assets.
An investment center manages its financial statements. Investment centers are significant since these lead companies to seek profits from investment in addition to core production.
An international consulting firm refers to a firm established or incorporated in a foreign country that is outside the country of assignment. It provides support and guidance to the domestic consultant.
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which of the following is an internet job search "do"
Answer:
The answer is B) Pay attention to all directions before responding to job postings
Explanation:
What is application software used for?
A. To help computer users apply their knowledge in new ways
B. To help computer users fill out employment applications
C. To make certain tasks easier for the computer user
O D. To make certain tasks more challenging for the computer user
Answer:
c I'm pretty sure
hope this helped!
A team member has not been participating fully in a project (e.g., she’s missed meetings, she’s missed deadlines, etc.), but she wants to receive the same credit as her team members who did the work. As the manager in this department, once you find out about the underperforming team member, how can you use social contract ethics and/or virtue ethics to coach her to perform
As a manager, you are in charge of creating an environment that is conducive to teamwork and communication. If you have a team member who is not participating fully in a project, it can be detrimental to the team's success. One way to address this is to use social contract ethics and/or virtue ethics to coach the team member to perform better.
Social contract ethics are based on the idea that individuals are bound by a social contract to act in ways that are mutually beneficial. This means that individuals have certain rights and obligations that are defined by society. In the context of a team project, this means that team members have an obligation to work together and to do their fair share of the work. If one team member is not fulfilling their obligation, then it is up to the manager to remind them of their responsibility. Virtue ethics, on the other hand, are based on the idea that individuals should strive to embody certain virtues, such as honesty, integrity, and fairness.
In the context of a team project, this means that team members should be honest about their contributions and should work to ensure that the work is distributed fairly. If a team member is not fulfilling this obligation, then it is up to the manager to remind them of their responsibility. To coach the underperforming team member, you can start by reminding them of their obligation to the team and to the social contract that they have agreed to. You can also encourage them to embody the virtues of honesty, integrity, and fairness, and to work to ensure that the work is distributed fairly. By using social contract ethics and virtue ethics to coach the team member, you can help to create a more productive and cohesive team. This can also lead to a more positive work environment and increased job satisfaction for all team members.
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How can we apply accounting and bookkeeping in our daily lives?