User Account

All Pages

Explain the concept of statutory assumptions

Assignment Help Accounting Basics
Reference no: EM133071028

Question -

A) Can a company become liable under a corporate contract even when they did not authorise the transaction? Explain with reference to ostensible/apparent authority. Make reference to relevant tests and authorities.

B) Explain the concept of statutory assumptions. Make reference to relevant rules and authorities.

Reference no: EM133071028

Questions Cloud

What is the probability that the mean time for the sample : Suppose 130 returns from this year are selected and analyzed regarding the preparation time. What is the probability that the mean time for sample
Is rose and sonny acting in an ethical manner : JT is a staff accountant for Rose and Sonny, a local CPA firm. Is Rose and Sonny acting in an ethical manner by eliminating the bonus
Determine the inflation premium on the treasury bill : If the expected real rate of interest is 2.7 percent, determine the inflation premium on the Treasury bill
Calculate under or over-allocated overhead : The actual manufacturing overhead costs were $2,100,000 in Machining and $3,700,000 in Assembly. Calculate under or over-allocated overhead for each department
Explain the concept of statutory assumptions : Explain the concept of statutory assumptions. Make reference to relevant rules and authorities
Benefits of employing a diverse workforce : Evaluate the challenges and benefits of employing a diverse workforce. Formulate strategies for conducting business and managing employees
Determine the direct labor rate variance : La Batre Bicycle Company manufactures commuter bicycles from recycled materials. Determine the direct labor rate variance
Compute the depreciation expense : Its life is estimated at 5 years, and its working hours are estimated at 30,240 hours. Year-end is December 31. Compute the depreciation expense
What was sales revenue : If this corresponded to a 6% decrease in sales revenue when compared to 2016, what was sales revenue in 2016

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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