| | | | |4-3. |With inflation, what are the implications of using LIFO and FIFO inventory methods? How do they affect the
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the business. To put things right, an agreement can be entered into. Enhanced earning is the ploughing of the profit into the business after running it for a year. The enhanced earning should be after the payment of every deduction and tax. Its advantages lie on its readily availability, cheaper than external equity, no ownership dilution and its positive
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1. (TCO A) Which one of the following is an advantage of corporations relative to partnerships and sole proprietorships? (Points : 5) Reduced legal liability for investors Harder to transfer ownership Lower taxes Most common form of organization 2. (TCO A) When a corporation distributes a dividend, _____. (Points : 5) the most common form of distribution is a cash dividend the Dividends account will be increased with a credit the Retained Earnings account will be directly increased with
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would be considered part of the general administration in a firm? • information systems 11. Which of the following can be represented by a discrete random variable? • The number of defective light bulbs in a sample of five 12. What is an advantage of the correlation coefficient over the covariance? • It falls between -1 and 1; and it
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Adverse selection is a type of information asymmetry whereby one or more parties to a business transaction, or potential transaction, have an information advantage over other parties. Moral hazard is a type of information asymmetry whereby one or more parties to a business transaction, or potential transaction, can observe their actions in fulfillment of the transaction but other parties cannot. Financial reports reduce information asymmetries between managers and investors by supplying information
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companies . Sole trader is a business owned by one person . the advantage of this business is that the owner has a full control of his business and all the profit are for him self. The desadvantage relied on unlimited liability. Partnership is a business owned by two people or more. The advantage is about shared decision and the desadvantage is that the profit also is shared. Limited business is a business run by directors and the advantage is shareholders has limited liability and whenever the owner
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Print An Overview of Financial Statements and the Environments of Financial Reporting Accounting: The Language of Business | Relationships Among Financial Statements | Classifications in a Balance Sheet | Income Statement, Statement of Retained Earnings, and Statement of Cash Flows | GAAP and Key Accounting Principles | Balancing the Accounting Equation Accounting: The Language of Business Back to Top Do Not Underestimate the Power of Accounting! I vividly recall my first experience driving
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Question 6 Evaluate, using appropriate examples, the relative advantages and disadvantages of ratio analysis as an aid to decision-making by investors. Advantages and Uses of Ratio Analysis There are various groups of people who are interested in analysis of financial position of a company. They use the ratio analysis to workout a particular financial characteristic of the company in which they are interested. Ratio analysis helps the various groups in the following manner: - 1. To workout
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data structure becomes an object that includes both data and functions. In addition, programmers can create relationships between one object and another. For example, objects can inherit characteristics from other objects. One of the principal advantages of object-oriented programming techniques over procedural programming techniques is that they enable programmers to create modules that do not need to be changed when a new type of object is added. A programmer can simply create a new object that
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perpetual, periodic, FIFO, LIFO) Collect four years of inventory data from each organization. If you are not abel to find data, you may also use the University of Phoenix Material: Summer Historical Inventory Data or University of Phoenix Material: Winter Historical Inventory Data. Collaborate as a team to compare the inventory systems. Write a summary which includes: • 250- to 350-word description of each inventory system. • 350- to 700-word comparison describing the advantages and disadvantages of
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