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maks197457 [2]
2 years ago
7

The core revenue principle states that

Business
1 answer:
Nastasia [14]2 years ago
8 0

Answer:

B

Explanation:

Companies recognize revenue when goods or services are transferred to customers for the amount the company expects to be entitled to receive in exchange for those goods or services.

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The board of directors of Testa Incorporated has decided that they would like to declare a $400,000 cash dividend at some point
Elden [556K]

Answer:

Approval and the declaration by the board of directors

Explanation:

The three key requirement for a company to pay dividends are adequate retained earnings , adequate cash and the declaration and approval of the board of directors.

Looking at the provided information for Tesla incorporation ,what is missing is the Approval of the board through declaration of payment.

It was still an intention , so the declaration is still necessary for payment. Other conditions like adequate cash balance and retained earning are are already met

3 0
1 year ago
Singapore has granted a(n) _____ on the importation of beer and stout made in the Philippines. This means that beer and stout ma
IRISSAK [1]

Answer:

Singapore has granted a preferential tariff.

Explanation:

A preferential tariff is a tariff that favors or gives preferential treatment to the imports from a country over another country. This kind of tariff exists between countries that have entered Free Trade Agreements (FTA) with each other.

Thus, when imports from FTA partner countries arrive, tariffs are totally eliminated or issued at a lower cost. This gives the FTA partner country an advantage of selling their products for less (without incurring huge costs).

3 0
1 year ago
In the London market, Rolls-Royce stock closed at £0.875 per share. On the same day, the British Pound sterling to the U.S. doll
frutty [35]

Answer:

B. $1.12

Explanation:

The computation of arbitrage trading profit is shown below:-

Euro Share price = £0.875

Spot rate R = £0.6366/$1.00

1 ADR Share price in US = $5.75

1 ADR = 5 share of shares

Now, The actual price of 1 ADR P1 = 5 × Euro Share price ÷  Share price in US

= 5 × £0.875 ÷ £0.6366

= $6.87

Therefore, The  Arbitrage profit = Actual price - trading price

= Actual price - Price in US

= $6.87 - $5.75

= $1.12

Therefore for computing the arbitrage trading profit we simply applied the above formula.

5 0
1 year ago
Assume that you are on the financial staff of Vanderheiden Inc., and you have collected the following data: The yield on the com
finlep [7]

Answer:

Ke = D1/Po(1-F) + g

Ke = $0.65/17(1-0.1) + 0.06

Ke = 0.0425 + 0.06

ke = 0.1025 = 10.25%

WACC = Ke(E/V) + Kd(D/V)(1-T)

WACC = 10.25(55/100) + 7.75(45/100)(1-0.4)

WACC = 5.6375 + 2.0925

WACC = 7.73%

Explanation:

In this case, there is need to calculate cost of equity in the light of floatation cost using the above formula. Thus, we will now calculate WACC by considering cost of equity and the proportion of equity in the capital structure plus after-tax cost of debt and the proportion of debt in the capital structure.

6 0
2 years ago
Marianne has opened a jewelry shop in your community and sources precious gems and metals only from Canada rather than Africa. H
S_A_V [24]

Answer:

A. reducing her exposure to the risk of reputation damaging clients.

Explanation:

CSR otherwise known as corporate social responsility is a self act by a company aimed at contributing to the development of the society or environment where the company operates. It is a volunteering and philanthropic .

Companies have now been factoring CSR into their business model because it helps them to be socially responsible and accountable. Most consumers are now beginning to check on companies who does CSR before choosing their brand.

Examples of CSR includes provision of health care facilities to the environment where the company operates, provision of scholarships to students of the host community, sponsoring events, employing people withing the community etc.

The impact of CRS and environmentally sustaining business includes but not limited to

- positively building a company's image

- increasing buyer patronage

-shortening the supply chain

-lowering cost and enhancing employee recruiting and workforce retention.

8 0
1 year ago
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