Economic entity assumption

Assignment Help Accounting Basics
Reference no: EM13128587

The economic entity assumption states that economic events:

a. of different entities can be combined if all the entities are corporations.

b. must be reported to the Securities and Exchange Commission.

c. of a sole proprietorship cannot be distinguished from the personal economic events of its owners.

d. of every entity can be separately identified and accounted for.

Reference no: EM13128587

Questions Cloud

What is the amount of yap co owner equity : The total assets of Yap Co. are $600,000 and its liabilities are equal to two-thirds of its total assets. What is the amount of Yap Co.'s owner's equity?
Find results in a mean talk time of at least minutes : What percent of the time will a fully charged battery last at least 330 minutes. What is the probability that a random sample of n = 15 batteries results in a mean talk time of at least 330 minutes?
How much ch4, in grams, is needed : How much CH4, in grams, is needed to produce 50.0 grams of CHCl3?
Fern hill : How does Dylan Thomas' poem "Fern Hill" represent Post-Modernism?
Economic entity assumption : The economic entity assumption states that economic events:
Maximum value and directional derivative : Find the gradient of the function and the maximum value of the directional derivative at the indicated point:
Real analysis functions with equal derivatives : Let f be a function given by-Is there a function g: R ---> R such that g'=f? Be careful applying definition of the derivative
How many moles of a monoprotic acid must dissolved : How many moles of a monoprotic acid with a Ka=4.9x10^-6 must be dissolved in 750 ml of H2O to produce a solution with pH=4.50
Income in his federal income tax return : Based on the following, how much should Ben Brenner include in income in his federal income tax return? Jury awarded punitive damages $10000 Kickbacks on ...

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd