Please only choose the correct answe
Q: PLEASE DO THIS TYPEWRITTEN AND SKIP IT IF YOU HAVE ALREADY DONE THIS, OTHERWISE DOWNVOTE. I WILL…
A: The question is related to Capital Budgeting. 1. Payback Period is the length of time required to…
Q: Which option should you choose? Enter 1 or 2.
A: Future Value: It is calculated by compounding the present amount with an appropriate interest rate.…
Q: PLEASE SKIP IF YOU ALREADY ANSWERED. I WILL UPVOTE
A: The question is related to Journal Entries. Journal entries are the first step in Accounting. The…
Q: SKIP THIS IF YOU ALREADY ANSWERED. THANK YOU.
A: Cash Budget shows expected inflow and outflow of cash for particular period sat month, year.
Q: Can someone please explain how I answer this question? It's question number 3
A: As per 2022 table, CPP is 5.7% of gross pay subject to basic personal exemption of $ 3500 and the…
Q: in the purpose, and who uses the form.
A: The W-3 form, officially the Transmittal of Wage and Tax Statements, is a summary for the SSA of all…
Q: PLEASE
A: A trail balance is a list of all account balances both debit and creditIt is useful to check the…
Q: Please correct the aswer
A: The current yield of the bond is referred to as the relationship between the annual coupon amount…
Q: indly refer to the attached picture. I
A: The practice of reviewing and analyzing financial information by determining relevant financial…
Q: Please use the information in the first photo to answer the 2 questions below. Could you help me…
A:
Q: ls help with questions a & b highlihted in green.
A: Inventory refers to the stock that the company held or is not sold yet and is expected to be sold…
Q: Select the correct choice below and fill in the answer box within your choice.
A: Loan Amount: It represents the credit given to the borrower by the lender. The borrower makes…
Q: (c) Which of the following statements are true? (You may select more than one answer. Single click…
A: First let us understand what is traditional costing method and what is activity based costing…
Q: it is not correct!! please make sure you follow all of the steps and answer it correctly. Thank you!
A: The revenue and spending variance is calculated as difference between actual data and flexible…
Q: I only need help with required question 4. of B. and C. thank you,
A: Uncollectible Accounts Receivables are Receivables that have no chance of being received. An account…
Q: I need all blanks filled please and thank you with the blue arrow
A: Income statement is prepared by the business organizations so as to know how much amount of Gross…
Q: Where the red * is means it is incorrect. Could someone please give me the correct answers?
A: Horizontal Analysis The purpose of preparing the Horizontal analysis is to compare the details of…
Q: please show solutions and answer only letters A,B,C
A: In finance, the future value is maturity or terminal value for a current invested amount that is…
Q: answe
A: We know that cash and cash equivalent are the most liquid assets. Cash equivalent are the short term…
Q: Kindly follow the steps and ans the question given in images attached.
A: "Since you have asked multiple sub part question we will solve the first three sub part question for…
Q: will give thumbs up if answers are correct thank you :)
A: Cash Budget Formula used in the above sheet
Q: EASE SOLVE
A: In this question we have to compute the net income
Q: What is the full equation or data points used for the IRR? The last part is cut off. I have attached…
A: Internal rate of return (IRR) is the discount rate at which NPV of the project is zero. NPV=Initial…
Q: Choose the option that best answers the question. There is only ONE correct a. ver for each…
A: Part 1: Indirect financing is a process when a firm borrows money from financial markets through…
Q: ust answer please without explanation please
A: NPV stands for Net Present Value which states the changes in the net worth of the company that would…
Q: answe
A: The net rate of return is the return on an asset after expenses such as taxes, depreciation, and…
Q: Hello question is attached, thanks.
A: Income statement: It can be defined as one of the company’s financial statements that shows all the…
Q: jos= dition esolutory
A: The answers have been mentioned below.
Q: repost the complete question and mention the sub-parts to be solved.” In the first part and I do not…
A: Journal entry A journal entry is a record of the business transactions within the accounting books…
Q: Hi can u post this transaction for me please ( the current Answers are wrong)
A: Journal entry refers to an entry that records all the transactions which are financial in nature. It…
Q: te solution and box the fi
A: Since in this question, payments are not given, so we do by assuming it zero coupon discount bond.
Q: know Image is Blurr but visible please don't skip in blurr categories if you know the answer…
A: The Value of portfolio can be computed as follows:
Q: Sarah has the foll
A: Profits as per your monetary statements seldom match along with your assessable profits. And it…
Q: Please answer E & G from the attached questions . Please label accordingly e.g E) instead of…
A: using CVP, Break even sales = Fixed cost / CM ratio Margin of safety = Current sales - Break even…
Q: answer ed is coming back incorrect please help
A:
Q: Answer the following questions by writing down the correct letter next to the relevant number:
A: Hi student Since the following options are not given in the question, we will calculate answer and…
Q: Question is on the photo. Thanks!
A: Multi-step income statement: It is the presentation of a normal income statement in a more detailed…
Q: What are the different BIR forms and describe and identify the deadline for submission of each form.…
A: Bureau of Internal Revenue (BIR) refers to the body which is helping various forms of the business,…
Q: a. Write the equations expressing this information. (Leave no cells blank - be certain to enter "O"…
A: Manufacturing business entity can be defined as the form of legal business entity which is engaged…
Q: Please provide
A: Retirement Plan-: A Retirement Plan is a safety product that assists in furnishing you financial…
Q: Instructions Identify each statement as true or false. If false, indicate how to correct the…
A: 6: The type of bonds that matures in installments are referred to as serial bonds as term bond…
Q: PLEASE ANSWER ONLY QUESTIONS F AND G
A: Break even analysis and cost volume profit (CVP) analysis are important analysis tools often used in…
Q: answer to number B. only please
A: Open to buy is a technique that helps to decide the amount of merchandise that a retailer can buy…
Q: Answer only please
A: Operating Activity Activity refers to day to day operations of a business. Cash inflow and outflow…
Q: Don't answer if you already answered this. If i see the same solutions, i'll downvote you. Follow…
A: JORNALIZATION OF THE ENTRIES AS ON 31 DECEMBERTHE END OF ACCOUNTING YEAR…
Q: Hello i have attached two pictures. They are both used together to answer the question. The first…
A: A budget is a financial plan which is associated with future. It could be prepared for the…
Q: questions are in the screen shots.
A: Financial performance is the indicator of how company is performing i.e., either company is making…
Q: PLEASE SKIP IF YOU ALREADY DID THIS OTHERWISE DOWNVOTE. THANK YOU
A: Your solution: The cost of capital for this project is 7%. The NPV for this project is P37,553. The…
Hi! Please only choose the correct answer. see the pictures attached
Step by step
Solved in 2 steps
- 5. An entity classifies the obligation as non-current if an entity expects, and has the discretion, to refinance or rollover an obligation for at least twelve months after the reporting period under an existing loan facility, even if it would otherwise be due within a shorter period. Select one: True or FalseIn accounting for short-term debt expected to be refinanced to long-term debt:(a) GAAP uses the authorization date to determine classification of short-term debt to be refinanced. (b) IFRS uses the authorization date to determine classification of short-term debt to be refinanced. (c) IFRS uses the financial statement date to determine classification of short-term debt to be refinanced. (d) GAAP uses the date of issue, but only for secured debt, to determine classification of short-term debt to be refinanced.In which of the following instances would a liability that would otherwise be presented as current is presented as noncurrent a. The liability is payable on demand but the lender promises the entity after the reporting period that the lender will not demand payment in the next 12 months b. The entity enters into a refinancing agreement after the reporting period but before the financial statements are authorized for issue c. The entity enters into a refinancing agreemerit and the agreement is completed by the balance sheet date d. The liability is payable on demand but the entity estimates that it is probable that the lender will not demand payment
- an entity has an existing note maturing within 12 months from the balance sheet date. The entity has the right to refinance the obligation for 15 months from the report date the obligation should be accounted for as A. Accounted for as a current liability when refinancing was done after the report date and after the issuance of the financial statement, with a corresponding disclosure in the notes regarding the refinancingB. Accounted for as a current liability when refinancing was done on or before the reporting date.C. Accounted for as a current liability when refinancing was done after the report date but before the issuance of the financial statement. D. Accounted for as a noncurrent liability when refinancing was done on or before the maturity dateWhich of the following statements is true? a. If any portion of a non-current liability is to be paid in the next year, the entire debt should be classified as a current liability. b. "Current maturities of non-current debt” refers to the amount of interest on notes payable that must be paid in the current year. c. Even though current and non-current debt must be shown separately on the statement of financial position, it is not necessary to prepare a journal entry to recognize this. d. A non- current liability is an obligation that is expected to be paid within one year.Determine the correct classification of the following liabilities:(1) Liability due in 6 months.(2) Liability refinanced with long term debt between the statement of financial position date and the date of issuance of financial statement.(3) Liability which will be refinanced on a long-term basis between the statement of financial position date and date of issuance of financial statement through an irrevocable agreement signed by debtor.(4) Liability paid between statement of financial position date and date of issuance of financial statement with cash; the cash is replenished with proceeds from long term debt also between the statement of financial position date and date of issuance of Only number 3 is noncurrent. All are current liabilities. Both numbers 3 and 4 are noncurrent. Only number 1 is current.
- Long-term debt can be reported either (a) as a single amount, net of any discount or increased by any premium or (b) at its face amount accompanied by a separate valuation account for the discount or premium. Any portion of the debt to be paid during the upcoming year, or operating cycle if longer, should be reported as a current amount. Regarding amounts to be paid in the future, what additional disclosures should be made in connection with long-term debt?Where is debt callable by the creditor reported on the debtor's financial statements? a) Long term liability b) Current liability if the creditor intends to call the debt within the year , otherwise a long term liability. c) Current liability if it is probable that creditor will call the debt within the year, otherwise a long term liability. d) current liabilityWhich of the following shall an entity disclose for loans payable recognized at the end of the reporting period? * Select all that applies. Details of any defaults during the period of principal, interest, sinking fund, or redemption terms of those loans payable Whether the terms of the loans payable were renegotiated, before the financial statements were authorised for issue The fair value of the loans payable in default at the end of the reporting period
- Which of the following is not considered a current liability? A. Accounts Payable B. Unearned Revenue C. the component of a twenty-year note payable due in year 20 D. current portion of a noncurrent note payableWhen an entity breaches a covenant under a long-term loan agreement on or before the end of the reporting periodwith the effect that the liability becomes payable on demand, the liability is classified as noncurrent whenI. The lender has agreed after the end if the reporting period and before the financial statements areauthorized for issue not to demand payment as a consequence of the breach.II. The lender has agreed on or before the end of the reporting period to provide a grace period ending atleast twelve months after that date. a. Both I and IIb. Neither I and IIc. I onlyd. II onlyWhen an entity breaches under a long-term loan agreement on or before the end of the reporting period with the effect that the liability becomes payable on demand, the liability is classified as Current under all circumstances Noncurrent under all circumstances Current if the lender has agreed after the reporting period and before the issuance of the statements not to demand payment as a consequence of the breach. Noncurrent if the lender agreed after the reporting period to provide grace period for at least twelve months after the reporting period.