Finance Questions and Answers

notes to the financial statements provide important details about the company's financial condition not reported in the actual financial statements, for example, explanations of accounting ...

3 Answers

$3,600 -the opening balance in prepaid expenses ($1,500) results from a one-year insurance premium paid on 7/1/09. since this policy would have expired by 6/30/10, no part of the $1,500 is included ...

2 Answers

Time value is the monetary value that investors are willing to pay to own an option based on the amount of time left between the purchase date and expiry date. if you want to buy an option that has ...

4 Answers

A moderately darken arrangement under U.S. GAAP which speculate specific situations, a firm may dispose of a shortage in its held income account by repeating resources, liabilities and value in a ...

2 Answers

$140,000 -the balance in the advertising expense account on 12/31/10 before adjustment is $146,000. since the sales promotional campaign is to be conducted in january, any associated costs are an ...

2 Answers

A direct insurer shall have thefollowing information about a client:-

A. Full name, including aliases
B. Identity card number
C. Residential address
D. Nationality
E. ...

2 Answers

It would depend on where you are comfortable purchasing different products. Are you a traditional type of shopper? If yes, this means that you would rather see the items in person before you buy ...

2 Answers

In the period incurred. -under accrual accounting, events that change an entitys financial position are recorded in the period in which the events occur. this means revenues are recognized when ...

1 Answer

It does not tell you when to buy, sell or switch from one scheme to another

1 Answer

It really depends on the decision and policies of a company. Certain factors such as the custom of the country will likely also affect the way companies pay dividends to their stockholders. In ...

2 Answers

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