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jeka94
2 years ago
8

Believing it will make it easier for investors to compare firms across countries and make it easier to raise capital globally, m

ost large accounting firms and multinational firms favor the switch from GAAP to IFRS.
True / False.
Business
1 answer:
Elena L [17]2 years ago
4 0

Answer:

True

Explanation:

Generally Acceptable Accounting Principles (GAAP) is only applicable in the United States of America whereas International Financial Reporting Standards (IFRS) has been adopted by most countries on the globe. This makes Report prepared on IFRS more comparable and make it easier to raise capital globally.

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Beachside co. sells two products, skis and snorkels. last year beachside sold 12,600 units of skis and 23,400 units of snorkels.
Nimfa-mama [501]

Total No of Units=12600+23400

=36000 units

Ski=12600/36000=35%

Snorkel=23400/36000=65%

7 0
2 years ago
A deculturation strategy of merging two corporate cultures should be applied:A. when employees at the acquired company willingly
klasskru [66]

Answer:

The correct answer is:

A. when employees at the acquired company willingly embrace the cultural values of the acquiring organization.

Explanation:

Normally, employees of a company are so used to their culture and work environment that for them the implementation of new strategies work is a great impact process. Although the workers accept the change in a voluntary basis, for new organizations it  is necessary to apply a plan in order to help employees to meet and get familiar with the new environment and way of working. It is this process of change and progress that is known as deculturation, or implementation and change of different ideas and plans for the working place.

5 0
2 years ago
Least-Squares Regression [LO5-11] [The following information applies to the questions displayed below.] Bargain Rental Car offer
ycow [4]

Answer:

I used an excel spreadsheet to calculate this:

the least squares regression line:

y = a + bx

y = $2,752 + 3.87x

where y = total cash wash costs and x = rental returns

fixed costs = $2,752 per month

variable cost = $3.87 per car washed            

Download pdf
5 0
2 years ago
Oil Wells offers 5.65 percent coupon bonds with semiannual payments and a yield to maturity of 6.94 percent. The bonds mature in
FinnZ [79.3K]

Answer:

option (d) $929.42

Explanation:

Data provided in the question:

Coupon bonds payments = 5.65% semiannual

Yield to maturity, r = 6.94% = 0.0694

Face value = $1000

Now,

Coupon bond payments = \frac{5.65\%}{2} × $1,000

= $28.25

market price per bond = Payment × \frac{(1-\frac{1}{(1+\frac{r}{2})^{2n}})}{\frac{r}{2}} + \frac{\textup{face value}}{(1+\frac{r}{2})^{2n}}

Here,

n is the maturity period and 2n is due to the semiannual payments

Thus,

market price per bond = $28.25 × \frac{(1-\frac{1}{(1+\frac{0.0694}{2})^{2\times7}})}{\frac{0.0694}{2}} + \frac{\textup{1,000}}{(1+\frac{0.0694}{2})^{2\times7}}

= $28.25 × 10.942 + 620.3

= $929.42

Hence,

The answer is option (d) $929.42

7 0
2 years ago
Read 2 more answers
1. Justin is a stock clerk at the local grocery store. Justin does only what he is told to do, no
MrRa [10]

Answer:

Check below for the explanations

Explanation:

1) No, Justin does not have a good attitude to work. The characteristic of a good employee is the ability to make sound, effective and critical decisions. There are situations that require workers to use their discretion, Justin is acting like a robot and is failing in this regard.

2) I would let him realize the importance of team work in an organization. For an organization to develop, the culture of team work and not individuality must be encouraged. I would advise him to let go of his high - mindedness and let us work as a team.

3) It was not right to argue with his co-worker most especially when he was wrong. Justin could have verified the information given to him by his co-worker and put things in order. Nobody is above mistake, the ability to identify them and  listen to corrections makes one a good employee.

4) Justin was not correct. He lacks discipline for broadcasting the personal discussions between two people in an organization, more importantly when it is not malicious to the growth of the organization. That is intrusion of privacy.

5) The supervisor was probably rebuking Justin for his bad attitudes to work. His attitude of infidelity, inability to keep secret and insubordination.

She can also issue him a query for this acts

If I was one of Justin's co-workers, I would advise him on the proper work ethics and how to apply them. I would also advise him for an attitudinal change.

8 0
2 years ago
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