Answer:
A
Explanation:
Breakeven quantity is the number of units produced and sold at which net income is zero
The product should not be released because the demand is less than breakeven quantity. If the product is released, the firm would earn losses
Answer:
$1.3 per share
Explanation:
Data provided in the question:
Number of shares outstanding of TJ = 2,500
Market price = $16.70
Number of shares outstanding of Corner Grocery = 3,000
Price per share of Corner Grocery = $22.50
Cost of acquiring TJ's share = $45,000
Now,
Merger Premium per share = [ Cost of acquiring TJ's share - Market price of TJ's shares ] ÷ Number shares TJ's outstanding
= [ $45,000 - ( $16.70 × 2,500)] ÷ 2,500
= [ $45,000 - $41,750 ] ÷ 2,500
= $3,250 ÷ 2,500
= $1.3 per share
Answer:
net pension expense (or revenue) under U.S.GAAP is $600
Explanation:
the past service cost included in the 2013 net pension expense ( or revenue) under U.S. GAAP is calculated below;
past service cost = { ( <u>increase PSC for vested employees</u>)
(remaining working life of vested employees)
+
{(<u> increase PSC for non-vested employee)</u>}
( remaining working life of non- vested employees)
past service cost = { $5000/10years) + ( $ 2000/20years)
past service cost = $500 + $100
past service cost =$600
Therefore the past service cost included in the 2013 net pension expense (or revenue) under U.S.GAAP is $600
Answer:
1. Understand difference in the reporting manner for Management Accountants and Financial Accountants.
2. Refer to Company policy documents and International Reporting Standards to clearly expose the difference.
3. Consult with other co-workers on who the information is intended and agree on whose opinion to base the reporting.
Explanation:
Management Accountants or CMA prepare Financial Statements for Management use and there are no Statotory or Strict guidelines on how these statements are prepared.
Whilst Financial Accountants prepare Financial Statements for External reporting and have to abide by the Reporting Standards (either GAAP or IFRS).
So, they will be always be differences in the manner of reporting.
The solution is to understand the user of those statements that are being prepared and <em>take the opinion that meets those users needs</em>.
Answer:
Richard should have use <u>b</u><u>r</u><u>e</u><u>v</u><u>i</u><u>t</u><u>y</u> and <u>p</u><u>e</u><u>r</u><u>c</u><u>i</u><u>s</u><u>i</u><u>o</u><u>n</u><u> </u>in his ad to make it better.
Explanation:
Brevity is similar to shortness and percision is the most suitable answer because fluidity means changable and the comparability mean it can be similar and comparable