Sell the asset, which will drive down the price and cause the expected return to reach the level of the required return.
Explanation:
To find :
Filter the data in order such that only rows where the sum of the type is food and the sum of the amount is greater than 20 are displayed. The selection of requirements has been set for you in cells a1:c2.
Now,
You clicked the Advanced button on the Data Ribbon Tab in the Sort & Filter Ribbon Section.
You tapped on cell A1.
You pressed the OK button in the Advanced Filter window.
Tina will react to the mixed evidence in a way that she will
likely become more firmly entrenched in regards with her attitude because of
the fact that she will believe on what she thinks she know is true or just than
the fact that she just obtained.
Increasing the effectiveness of internal controls would have the greatest effect on r<span>educing the control risk.</span>
The risk control includes evaluation of potential losses and actions to reduce or eliminate risks. The potential risk factors in a firm's operations are identified (technical and non-technical aspects of the business, financial policies, and other policies).
Answer:
Accrued Loss on Purchase Commitments $2,000,000
Explanation:
December 31, (recognition of loss on purchase commitments)
- Dr Loss on Purchase Commitments account 2,000,000
- Cr Accrued Loss on Purchase Commitments account 2,000,000
Since the price of raw materials lowered by 2,000,000, the company lost money on its purchase commitments:
Purchase commitments loss = contracted price - market value = $5,000,000 - $3,000,000 = $2,000,000
The loss on purchase commitments is an expense, and accrued loss on purchase commitments is a liability.
