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In 2015, Giant Store made the decision to close a loss-making department in 2016. The company proposed to make a provision for the future costs of termination in the 2015 profit or loss. Its argument was that a liability existed in 2015 which should be recognised in 2015. The auditor objected to recognising a liability, but agreed to recognition if it could be shown that the management decision was irrevocable.
Discuss whether a liability exists and should be recognised in the 2015 statement of financial position.
Discuss whether a liability exists and should be recognised in the 2015 statement of financial position.
Stock W has the following returns for various states of the economy:
State of the Economy Probability Stock W's Return
Recession 10% -30%
Below Average 20% -2%
Average 40% 10%
Above Average 20% 18%
Boom 10% 40%
Stock W's standard deviation of returns is
A) 10%.
B) 14%.
C) 17%.
D) 20%
State of the Economy Probability Stock W's Return
Recession 10% -30%
Below Average 20% -2%
Average 40% 10%
Above Average 20% 18%
Boom 10% 40%
Stock W's standard deviation of returns is
A) 10%.
B) 14%.
C) 17%.
D) 20%
Economics
A firm in a monopolistic competitive market:
a)can change output levels without having any significant effect on price
b)has a firm specific demand curve that is perfectly elastic
c)takes the market price then tries to inc that price through advertising
d)can inc the number of units that it sells by charging a lower price
a)can change output levels without having any significant effect on price
b)has a firm specific demand curve that is perfectly elastic
c)takes the market price then tries to inc that price through advertising
d)can inc the number of units that it sells by charging a lower price
An investor must choose between two bonds: Bond X pays $95 annual interest and has a market value of $900. It has 10 years to maturity. Bond Z pays $95 annual interest and has a market value of $920. It has two years to maturity. a. Compute the current yield on both bonds. b. Which bond should he select based on your answer to part a? c. A drawback of current yield is that it does not consider the total life of the bond. For example, the approximate yield to maturity on Bond X is 11.21 percent. What is the approximate yield to maturity on Bond Z? d. Has your answer changed between parts b and c of this question in terms of which bond to select?
Your grandfather has offered you a choice of one of the three following alternatives: $7,500 now; $2,200
a year for nine years; or $31,000 at the end of nine years. Assuming you could earn 10 percent annually,
which alternative should you choose? If you could earn 11 percent annually, would you still choose the
same alternative?
a year for nine years; or $31,000 at the end of nine years. Assuming you could earn 10 percent annually,
which alternative should you choose? If you could earn 11 percent annually, would you still choose the
same alternative?
Assume that we have the following data:
C=100+0.50Y
Ip=100-20r
Mt=0.10Y
Ms=100-10r
M=80
a. Build the IS-LM function.
b. If we assume an increase in Investments by 100 units, please calculate again the IS-LM functions.
c. The intersection of IS-LM functions defines four areas. Please analyze the behavior of the markets for goods and money for each area.
C=100+0.50Y
Ip=100-20r
Mt=0.10Y
Ms=100-10r
M=80
a. Build the IS-LM function.
b. If we assume an increase in Investments by 100 units, please calculate again the IS-LM functions.
c. The intersection of IS-LM functions defines four areas. Please analyze the behavior of the markets for goods and money for each area.
Economics
When estimating a demand function, explain why fitting a line of best fit through observed price and quantity combinations over time is not likely to yield good estimates
Assume that we have the following data:
C=100+0.50Y
Ip=100-20r
Mt=0.10Y
Ms=100-10r
M=80
a. Build the IS-LM function.
b. If we assume an increase in Investments by 100 units, please calculate again the IS-LM functions.
c. The intersection of IS-LM functions defines four areas. Please analyze the behavior of the markets for goods and money for each area.
C=100+0.50Y
Ip=100-20r
Mt=0.10Y
Ms=100-10r
M=80
a. Build the IS-LM function.
b. If we assume an increase in Investments by 100 units, please calculate again the IS-LM functions.
c. The intersection of IS-LM functions defines four areas. Please analyze the behavior of the markets for goods and money for each area.
Conduct online research on MYOB accounting software and present necessary information as following:
1. Features of the system.
2. Efficiency of the software with the outcome of accurate result.
3. Flexibility of the system, compatibility with constant changes, flexibility to upgrade.
4. Cost benefit with the example of suitable scenario.
5. Compatibly with relevant legislation, reporting.
1. Features of the system.
2. Efficiency of the software with the outcome of accurate result.
3. Flexibility of the system, compatibility with constant changes, flexibility to upgrade.
4. Cost benefit with the example of suitable scenario.
5. Compatibly with relevant legislation, reporting.
1. Flexibility of the system, compatibility with constant changes, flexibility to upgrade of MYOB
2. Cost benefit with the example of suitable scenario and compatibly with relevant legislations reporting of MYOB
2. Cost benefit with the example of suitable scenario and compatibly with relevant legislations reporting of MYOB
