Part a .) Reassessed Price pt b <span>A.) Commercial Value
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Answer: .(a) Arises from peripheral or incidental transactions - corresponds to the definition of gains and losses.
(b) Obligation to transfer resources arising from a past transaction. - Corresponds to Liabilities.
(c) Increases ownership interest. - Investment by owner, Comprehensive Income.
(d) Declares and pays cash dividends to owners. - It is the Distributions to Owners.
(e) Increases in net assets in a period from nonowner sources. - Corresponds to Comprehensive Income.
(f) Items characterized by service potential or future economic benefit. - Is the definition of Assets.
(g) Equals increase in assets less liabilities during the year, after adding distributions to owners and subtracting investments by owners. - Comprehensive Income.
(h) Arises from income statement activities that constitute the entitys ongoing major or central operations. - Corresponds to the definition of Revenues and Expenses.
(i) Residual interest in the assets of the enterprise after deducting its liabilities. - Equity.
Answer:
The correct answer is B. Consumers will be unable to buy all the gas they want at the temporary price ceiling price.
Explanation:
At the time that the offer is recent for price control, demand can be stimulated by the existence of a more reasonable and affordable price for the consumer, so that there is an excess of demand against supply, which is It would imply that it should result in an increase in prices that should lead to an optimum level or breakeven point being reached at any given time, a situation that will not occur precisely because of price control.
By resenting the offer while increasing demand, despite the possible shortage, this shortage does not result in a price increase that would be normal, precisely due to the hand of the state that prevents free market development , since it restricts one of the factors that energizes it, which is the price.
The price of goods and services, as well as can increase or decrease the supply, can also increase or decrease demand, a game that alone should maintain a price that satisfies both consumers and producers, but when price control is introduced , only consumers will be satisfied, a situation that causes bidders to stop producing.
Answer:
is a potential liability that has arisen because of a past event or transaction.
Explanation:
A contingent liability is a potential liability that has arisen because of a past event or transaction.
Some of the characteristics of contingent liabilities includes being remote, probable, estimable, and reasonably possible.
In order to record a contingent liability as a liability on a company's balance sheet, it must be probable (likely to occur) and subject to estimate.
Hence, companies are advised to record the contingent liabilities so as to meet the Generally Accepted Accounting Principles (GAAP) and IFRS requirements.
Answer: increase
Explanation:
You have a portfolio that consists of equal amounts of IBM stock and Treasury bills. If you replace one-third of Treasury bills with more IBM stock , the expected portfolio return will increase, ceteris paribus
The expected return for a particular investment are the returns which a an investor expects when he or she invests in a particular investment. In the above scenario, there'll be an increase in the expected portfolio return.
