ZK
Zaeem Kadiwala
Answers (6)
ZK
Answered
Which of the following transactions decreases earnings per share?
A) Collection of an account receivable.
B) Selling treasury stock for an amount less than its cost.
C) A decrease in the market value per share.
D) Paying cash in advance for rent.
A) Collection of an account receivable.
B) Selling treasury stock for an amount less than its cost.
C) A decrease in the market value per share.
D) Paying cash in advance for rent.
On Jul 27, 2024
B
ZK
Answered
Why would a firm in a perfectly competitive market always choose to set its price equal to the current market price? If a firm set its price below the current market price, what effect would this have on the market?
On Jul 26, 2024
The firm could not sell any more of its product at a lower price than it could sell at the market price. As a result, it would needlessly forgo revenue if it set a price below the market price. If the firm set a higher price, it would not sell anything at all because a competitive market has many sellers who would supply the product at the market price.
ZK
Answered
The IASB standard (IFRS 3 Business Combinations) issued with respect to the treatment of negative goodwill requires that:
A) it must be recognized in income immediately as an extraordinary item.
B) it must be recognized in income immediately.
C) it can be deferred and amortized over a maximum of 40 years.
D) it must be reflected as an increase in Liabilities and a Reduction in Capital for the Parent Company.
A) it must be recognized in income immediately as an extraordinary item.
B) it must be recognized in income immediately.
C) it can be deferred and amortized over a maximum of 40 years.
D) it must be reflected as an increase in Liabilities and a Reduction in Capital for the Parent Company.
On Jun 27, 2024
B
ZK
Answered
In the context of workplace morale, physical withdrawal includes ________.
A) daydreaming
B) absenteeism
C) moonlighting
D) cyber loafing
A) daydreaming
B) absenteeism
C) moonlighting
D) cyber loafing
On Jun 26, 2024
B
ZK
Answered
Satisficing refers to making the best possible decision that can be made.
On May 28, 2024
False
ZK
Answered
Which of the following statements regarding adoption credits is not true?
A) Qualified expenses do not include employer reimbursements.
B) An eligible child may be up to the age of 18.
C) The credit may be claimed regardless of the taxpayer's modified AGI amounts.
D) Qualified expenses include adoption fees,attorney fees and court costs.
A) Qualified expenses do not include employer reimbursements.
B) An eligible child may be up to the age of 18.
C) The credit may be claimed regardless of the taxpayer's modified AGI amounts.
D) Qualified expenses include adoption fees,attorney fees and court costs.
On May 27, 2024
C