Jeremiah bought 7 toy sets for $20 each and then a video game for $180 total of $1260.
To solve this problem, we'll follow a systematic approach using basic algebraic principles. Our goal is to isolate the variable x on one side of the equation.
Begin by subtracting 40 from both sides of the equation:
20x + 40 - 40 = 180 - 40
20x = 140
To solve for x, we want to get rid of the coefficient 20 that multiplies x. We can achieve this by dividing both sides of the equation by 20:
(20x)/20 = 140/20
x = 7
Let's assume each toy set costs $y. Then the equation representing the total cost would be:
Total cost = (number of toy sets) × (cost per toy set)
Plugging in the values we know, the equation becomes:
Total cost = 7 × y
Additionally, we know Jeremiah spent $180 in total, including the toy sets and the video game. The equation representing the total cost is:
Total cost = (number of toy sets) × (cost per toy set) + (cost of video game)
Now, let's solve for the cost of the video game.
We know the total cost is $180, and the cost of toy sets is 7 × y. Therefore, we can write the equation as:
180 = 7y + (cost of video game)
Since the cost of the video game is missing, we'll represent it as $z. The equation now becomes:
180 = 7y + z
The equation 180 = 7y + z represents the total cost of $180, where 7y represents the cost of the toy sets and z represents the cost of the video game.
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You are Heidi granular ceo and founder of camp bow wow and you are intending to expand the brand
Understanding your target market and its requirements is crucial when growing a brand.
You can evaluate the viability of your expansion plans and find areas of potential by conducting market research. In order to grow a brand, franchising is one option. This enables you to swiftly increase the reach of your brand by utilizing the knowledge and resources of franchisees.
Yet it's crucial to have a solid franchise structure in place, with instructions and assistance for franchisees.
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The Outpost, a sole proprietorship currently sells short leather jackets for $369 each. The firm is considering selling long coats also. The long coats would sell for $719 each and the company expects to sell 820 a year. If the company decides to carry the long coat, management feels that the annual sales of the short jacket will decline from 1,120 to 1,040 units. Variable costs on the jacket are $228 and $435 on the long coat. The fixed costs for this project are $23,100, depreciation is $10,400 a year, and the tax rate is 34 percent. What is the projected operating cash flow for this project
Answer:
$134,546
Explanation:
Calculation to determine the projected operating cash flow for this project
Projected operating cash flow=
{[820 × ($719 − 435)] + [(1,040 − 1,120) × ($369 − 228)] − $23,100} × {1 − .34} + {$10,400 × .34}
Projected operating cash flow={[820 × $284)] + [$80 × $141] − $23,100} × {.66} + {$3,436}
Projected operating cash flow= $134,546
Therefore the projected operating cash flow for this project is $134,546
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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In 1-3 sentences, describe the saving-borrowing-investing cycle.
Answer:
see below
Explanation:
Saving involves putting aside a portion of one's income for future consumption. Financial institutions provide savings accounts where the public can save money. When many people save, the banks find themselves holding a lot of money in their custody. Since the banks have a need to make profits, they loan out these savings to individuals and businesses for expansion and consumption. When businesses borrow to expand, they are investing; when individuals borrow to start a business, it's an investment.
Savings in financial institutions provide funds for businesses and households to borrow and invest. The proceeds of investments are deposited in banks, loaned out again, and the cycle continues.
An investor is considering the acquisition of a "distressed property" which is on Northlake Bank’s REO list. The property is available for $202,600 and the investor estimates that he can borrow $160,000 at 4.5 percent interest and that the property will require the following total expenditures during the next year:
Inspection $ 539
Title search 1,078
Renovation 13,000
Landscaping 878
Loan interest 7,239
Insurance 1,839
Property taxes 6,039
Selling expenses 8,000
Required:
a. The investor is wondering what such a property must sell for after one year in order to earn a 20 percent return (IRR) on equity.
b. The lender is now concerned that if the property does not sell, investor may have to carry the property for one additional year. He believes that he could rent it (starting in year 2) and realize a net cash flow before debt service of $1,980 per month. However, he would have to make an additional $7,980 in interest payments on his loan during that time, and then sell. What would the price have to be at the end of year 2 in order to earn a 20 percent IRR on equity?
A. The property must sell for at least $224,073.40 after one year to earn a 20 percent return on equity.
B. The price at the end of year 2 should be at least $222,834.40 to earn a 20 percent return on equity when considering the rental scenario.
To calculate the required selling price after one year in order to earn a 20 percent return on equity, we need to consider the initial investment and the expected cash flows. Here are the calculations:
a. Initial Investment:
Purchase Price: $202,600
Down Payment: $202,600 - $160,000 (borrowed amount) = $42,600
Cash Outflow:
Down Payment: $42,600
Expenditures: $539 + $1,078 + $13,000 + $878 + $7,239 + $1,839 + $6,039 + $8,000 = $38,612
Total Initial Investment: $42,600 + $38,612 = $81,212
Expected Cash Inflow after one year:
Selling Price (to be determined): X
Net Cash Inflow: Selling Price - Loan Principal - Interest - Expenses
Net Cash Inflow: X - $160,000 - $7,239 - $1,980 - $38,612 = X - $207,831
To earn a 20 percent return on equity, the net cash inflow should be 20 percent of the initial investment:
0.20 * $81,212 = $16,242.40
Equating the net cash inflow to the desired return:
X - $207,831 = $16,242.40
Solving for X:
X = $207,831 + $16,242.40
X = $224,073.40
Therefore, the property must sell for at least $224,073.40 after one year to earn a 20 percent return on equity.
b. If the investor decides to rent the property in the second year and wants to earn a 20 percent return on equity, we need to calculate the selling price at the end of year 2. Here are the calculations:
Expected Cash Inflow in year 2:
Net Cash Flow before Debt Service: $1,980/month * 12 months = $23,760
Interest Payments: $7,980
Total Cash Inflow in year 2: $23,760 - $7,980 = $15,780
To earn a 20 percent return on equity, the net cash inflow in year 2 should be 20 percent of the initial investment:
0.20 * $81,212 = $16,242.40
Equating the net cash inflow to the desired return:
Selling Price - Loan Principal - Interest - Expenses = $16,242.40
Solving for the Selling Price:
Selling Price = $16,242.40 + $160,000 + $7,980 + $38,612
Selling Price = $222,834.40
Therefore, the price at the end of year 2 should be at least $222,834.40 to earn a 20 percent return on equity when considering the rental scenario.
It is important to note that these calculations are based on the provided information and assumptions, and actual market conditions and other factors may influence the final outcomes.
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a. The president of a large company wants to form an Executive Steering Committee to advise the company concerning important matters. This committee will consist of five managers selected from an overall pool of 18 managers. Assuming the order in which the five managers are selected to join the committee does not matter, how many different Executive Steering Committees are possible?
Enter your answer as a whole number.
Executive Steering Committees
b. In Part a, suppose each of the five managers selected to serve on the Executive Steering Committee will have a particular title (Chairman, Vice Chairman, Outreach Coordinator, etc.). In other words, the order in which the managers are selected for the various committee positions (titles) matters. In this case, how many possible Executive Steering Committees are possible?
Enter your answer as a whole number.
Executive Steering Committees
c. In a lottery game, five balls are randomly drawn from a machine containing 24 balls numbered from 1 to 24. To play the game, a player must purchase a lottery ticket in advance with five numbers on it of his/her choosing (numbered from 1 to 24). Subsequently, if the five numbers on the lottery ticket match the five numbers that are drawn from the machine (in any order), then the player will win the lottery.
Assuming the order in which the numbers are drawn from the machine does not matter, how many possible outcomes (sets of five numbers) exist each time the game is played?
Enter your answer as a whole number.
possible outcomes
d. Based on your Part c result and assuming the player only purchased one lottery ticket, what is the probability that he/she will win the lottery?
Enter your answer rounded to six decimal places.
Probability =
a. The number of different Executive Steering Committees possible, when the order of selection does not matter, can be calculated using combinations.
How many different Executive Steering Committees are possible when the order of selection does not matter?In this case, we want to select 5 managers from a pool of 18 managers. The formula for combinations is given by C(n, r) = n! / (r! * (n-r)!), where n is the total number of items and r is the number of items to be selected. Applying this formula, the number of different Executive Steering Committees is:
C(18, 5) = 18! / (5! * (18-5)!) = 8568
b. When the order in which the managers are selected for the various committee positions matters, we need to consider permutations. In this case, we have 18 choices for the first position, 17 choices for the second position, 16 choices for the third position, and so on, until 14 choices for the fifth position. Therefore, the number of possible Executive Steering Committees is:
18 * 17 * 16 * 15 * 14 = 14,3640
c. To calculate the number of possible outcomes (sets of five numbers) in the lottery game, where the order of the numbers does not matter, we again use combinations. We want to select 5 numbers from a pool of 24 numbers. Applying the combinations formula:
C(24, 5) = 24! / (5! * (24-5)!) = 42,504
d. Since there is only one winning combination and the player purchased one lottery ticket, the probability of winning the lottery can be calculated by dividing the number of favorable outcomes (1) by the total number of possible outcomes (42,504):
Probability = 1 / 42,504 ≈ 0.0000235
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You have commissioned a local survey to see what consumers are most interested in.
Survey Data
78% of survey participants desire a store that offers custom outdoor sports equipment.
9% of participants think an additional coffee shop is needed.
26% of participants say that they purchase coffee on a daily basis.
Based on the survey data, what can be concluded about the market for coffee shops in the area?
According to the survey data, which business likely has the least supply in this town?
Based on the survey data, what can be concluded about the market for coffee shops in the area?
Saturation has been reached.
According to the survey data, which business likely has the least supply in this town?
Shoe stores
Answer: Based on the survey data, which business will most likely see higher consumer demand? - THE SHOE HUT
Based on the survey data, what may occur if an additional coffee shop is opened? - EXCESS SUPPLY
Explanation: i did the assignment on edge
What does ceteris paribus mean?
Answer:
rat
Explanatio
Which of the following is a component of an internal control system that ensures that the internal control system is working as designed?
One of the components of an internal control system that ensures it is working as designed is monitoring. Monitoring involves ongoing reviews and evaluations of the internal control system to ensure that it is functioning as intended and any deficiencies are identified and addressed in a timely manner. It is an essential aspect of maintaining an effective internal control system.
Monitoring can take various forms, such as periodic reviews of financial statements, internal audits, or management assessments. The objective of monitoring is to provide assurance that the internal control system is effective in achieving its objectives and to detect any issues or weaknesses that may compromise its effectiveness.
To ensure that monitoring is effective, it should be performed by personnel independent of the processes being monitored. This helps to ensure objectivity and reduces the likelihood of conflicts of interest. Additionally, monitoring should be conducted on a regular basis and should be documented to provide evidence of its effectiveness.
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What is the best example of a down payment?
A. Jan signs a cell phone plan that includes a little of the cost of her new phone as part of her bill every month
B. Billy orders a piano, pays half the cost up front, and has to pay the other half when the piano is delivered.
C. Margo leases an apartment and pays $500 cash as s security deposit when she moves in.
D. Robby pays 10 percent cash up front and gets a loan for the remaining 90% of the cost of a condominimum.
Answer: B would be correct
Explanation: A doesn't include any type of paying a portion of the price.
B pays half up front which is a down payment because he pays the other half alter
C is wrong because a security deposits isn't a down payment
D is wrong because they still get a loan for the part she doesn't own
Macrophages in the lamina propria of the intestines behave differently than macrophages found in skin tissue. Those in the lamina propria
O express much higher levels of TLRS
O do not express signaling receptors needed for inflammatory cytokines.
O cannot phagocytose bacteria
O actually, there are none in the lamina propria
O express high levels of 87 costimulator
Macrophages in the lamina propria of the intestines express higher levels of Toll-like receptors (TLRs).
What differentiates macrophages in the lamina propria of the intestines from those found in skin tissue?Macrophages in the lamina propria of the intestines exhibit distinct characteristics compared to macrophages found in skin tissue.
One key difference is that macrophages in the lamina propria express much higher levels of Toll-like receptors (TLRs).
Toll-like receptors play a crucial role in recognizing and responding to microbial components, initiating immune responses against pathogens.
This heightened expression of TLRs suggests that intestinal macrophages are specialized to detect and respond to microbial stimuli within the gut environment.
In contrast, the statement that they do not express signaling receptors needed for inflammatory cytokines, cannot phagocytose bacteria, or express high levels of 87 costimulator contradicts our current understanding of macrophage functions and may not be accurate.
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What is a major function of the public sector
Answer:
Public sector provides many services such as; education, health and social care.
Jefferson is interested in starting his own business. he plans to borrow money from the local bank in order to finance the business. they will require him to submit a business plan and a(n) _____.
a. buy-out plan
b. income statement
c. partnership agreement
d. financial plan
please select the best answer from the choices provided a b c d
Jefferson is interested in starting his own business. He plans to borrow money from the local bank in order to finance the business. they will require him to submit a business plan and a(n) d. financial plan.
A bank can give you a loan for various different purposes such as building a house or starting a business. However, when you ask the bank for a loan for a business, the bank needs to trust your plan and be sure that you will have enough finances to pay back the loan.
For this purpose, a business plan and a financial plan is submitted to the bank when asking for a plan. Based on this plan, a bank will decide whether to pass the loan or not. Hence, the correct option is d. financial plan.
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elect a product or service to sell.
Now determine the target market for your product or service by answering the following questions in a table:
Are your target customers male or female?
How old are they?
Where do they live? Is geography a limiting factor for any reason?
What do they do for a living?
How much money do they make? This is important if you are selling expensive or luxury items.
What other aspects of their lives matter? For example, do they need to be homeowners?
Now, identify your product or service and explain what your target market is and why.
Answer:
what is your main question
If the state of Georgia had an exceptionally large crop of peanuts, what would happen to the demand for jelly
the demand for jelly would decrease
List 5 motives for the construction of various media?
Answer and Explanation:
For the construction of various media, the five motives are as follows
1. Develop connections and make connections: For motivating the social media we have to establish the connections and through it, we can easily make the connections,
2. Sharing the news of the company: Post the news of the company to various social media so that the public at large get attracted towards it
3. Voice opinion: Voice opinion also matters for establishing the several medias
4. People opinion for the company: Customer satisfaction is the utmost priority for the company so that the company could able to know what changes are required in the product to deliver it in the best manner
5. Communicated with employees: The communication with the employees also matters as the employees could be delivered their idea to better the company services
Media is the plural word of the medium that is the means of communication. The news channels, radios, magazines, and many other social things are communicated to the general public by means of media only. The media covers the speech or the incident and lets it known to the general public at no time.
The five motives for the construction of social media are:
1. Developing and making connections: For motivating social media there is a need to establish connections and suing those conections new connections can be made.
2. Sharing the company's reviews: After the company gets its name on social media, it gets famous among a group of people at no more time.
3. Voice opinion: Voice opinion also matters for interacting the several medias
4. People's opinion of the company: Customer satisfaction is the utmost priority of the company so that the company could able to know what changes are required in the product to deliver it in the most satisfactory form.
5. Interaction with employees: Communication with the employees also matters as the employees could deliver their idea to better the company's services.
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Bob sold manufacturing equipment to a dealer for $50,000. He bought the equipment for $55,000 several years ago and has claimed $12,500 of depreciation expense on the equipment. What is the amount and character of the gain or loss for Bob on the equipment?
The amount and character of the gain or loss for Bob on the equipment are as follows: To find the amount and character of the gain or loss for Bob on the equipment, you need to consider the equipment's carrying value.
To determine the carrying value, subtract the total depreciation expense claimed from the original cost of the equipment.$55,000 - $12,500 = $42,500.
The equipment's carrying value is $42,500. Since Bob sold the equipment for $50,000, there is a gain. The gain can be calculated by subtracting the carrying value from the selling price:$50,000 - $42,500 = $7,500. Therefore, Bob has a gain of $7,500 on the sale of the equipment.
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Ben and Carla Covington plan to buy a condominium. They will obtain a $156,000, 30-year mortgage at 8.0 percent. Their annual property taxes are expected to be $2,100. Property insurance is $540 a year, and the condo association fee is $250 a month.
Based on these items, determine the total monthly housing payment for the Covingtons
The total monthly housing payment for the Covingtons is approximately $1,610.71.
To determine the total monthly housing payment for the Covingtons, we need to consider the mortgage payment, property taxes, property insurance, and condo association fee.
First, let's calculate the monthly mortgage payment using the loan amount, interest rate, and loan term. We can use the formula for calculating the monthly payment on a fixed-rate mortgage:
M = P * (r * (1 + r)^n) / ((1 + r)^n - 1)
Where:
M = Monthly mortgage payment
P = Loan amount ($156,000)
r = Monthly interest rate (8.0% / 12 = 0.08 / 12 = 0.00667)
n = Total number of monthly payments (30 years * 12 months = 360 months)
M = 156,000 * (0.00667 * (1 + 0.00667)^360) / ((1 + 0.00667)^360 - 1)
M ≈ $1,140.71
Next, we add the monthly property taxes, property insurance, and condo association fee:
Total Monthly Housing Payment = Monthly Mortgage Payment + Monthly Property Taxes + Monthly Property Insurance + Monthly Condo Association Fee
Total Monthly Housing Payment = $1,140.71 + ($2,100 / 12) + ($540 / 12) + $250
Total Monthly Housing Payment ≈ $1,140.71 + $175 + $45 + $250
Total Monthly Housing Payment ≈ $1,610.71
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(e) Choose the gerund form of the verb from the following.
(1) swim (ii) swimmer (ii) swam
(iv) swimming
Answer:
I believe the answer is swimming. I apologize if it is not. I hope this helped a little.
The aggregate demand curve indicates the relationship between: 1. the real wage rate and the quality of resources demanded by producers of goods and services. 2. the interest rate and the amount of loanable funds demanded by borrowers. 3. the natural rate of unemployment and the demand for goods and services when the economy is in long-run equilibrium. 4. the general price level (CPI) and the aggregate quantity of goods and services demanded.
Answer: when demand increases, supply decreases and price increases
Explanation: law of supply and demand
if you invest $4,500 in a bank certificate of deposit that pays you 3.75% compounded continuously, how much will you have in 30 months?
The 30 months your investment of $4,500 in a bank certificate of deposit with continuous compounding at a 3.75% annual interest rate $4,944.90.
To calculate the amount in 30 months with continuous compounding, use the formula for compound interest:
A = P × e²(rt)
Where:
A = the future amount
P = the principal amount (initial investment)
e = the base of the natural logarithm (approximately 2.71828)
r = the annual interest rate (as a decimal)
t = the time period in years
Let's calculate the future amount for your investment:
P = $4,500
r = 3.75% = 0.0375 (as a decimal)
t = 30 months = 30 / 12 = 2.5 years
A = $4,500 × e²(0.0375 × 2.5)
Using a calculator, evaluate the exponential term and find:
A ≈ $4,500 ×e²(0.09375)
A ≈ $4,500 × 1.098667
A ≈ $4,944.90
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the journal entry to record the issuance of a note for the purpose of converting an existing account payable would be
Answer: The journal entry a company uses to record the issuance of a note for the purpose of converting an existing account payable would be debit Accounts Payable; credit Notes Payable.
Explanation:
the journal entry to record the issuance of a note for the purpose of converting an existing account payable will have Accounts Payable as well as Notes Payable.
What is a journal entry?A journal entry is an act of recording any action, whether one that is economic or not. Multiple observations, which are each otherwise a debit or a positive, may be included in the diary entry.
The information necessary to record a single business arrangement is contained in a journal entry, which also includes the date, the sum to be credited , debited, a short explanation of the operation, and the accounts involved.
The entry must result in increased with in Note Payable liability as well as a reduction inside the Accounts Payable liability. Debit Account Receivables; credit Notes Payable is really the journal entry that a business use to document the issuing of a comment for the objective of transforming any existing account payable.
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A marketing plan documents how to focus marketing efforts. In good marketing strategy, what's at the center of all the efforts?
Answer:
★ The answer is CUSTOMER
Explanation:
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Imagine you are on the other side of the playing field and you are the one interviewing someone for a job at your company. What are the top three things that you would look for or hope to hear the interviewee say? Why?
In economics, actions by individuals and interest groups designed to influence public policy in a manner that will either directly or indirectly redistribute more income to themselves are known as.
In economics, actions by individuals and interest groups designed to influence public policy in a manner that will either directly or indirectly redistribute more income to themselves are known as rent seeking
Economics focuses on the actions and interactions of economic agents as well as the operation of economies. Microeconomics examines what are thought of as the fundamental components of the economy, such as the activities of individual agents and markets as well as the interactions that result from those actions. Households, businesses, buyers, and sellers are just a few examples of individual agents. The study of macroeconomics examines the economy as a system in which production, consumption, saving, and investment coexist, as well as factors influencing it such as the employment of labor, capital, and land resources, currency inflation, economic growth, and public policies that have an effect on these components.
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the data access principle that ensures no unnecessary access to data exists by regulating members so they can perform only the minimum data manipulation necessary is known as required privilege. T/F
False. The data access principle described is known as the principle of least privilege, not required privilege.
The statement "the data access principle that ensures no unnecessary access to data exists by regulating members so they can perform only the minimum data manipulation necessary is known as required privilege" is false. The correct term for this principle is the principle of least privilege, not required privilege.
The principle of least privilege is a security concept that aims to minimize potential risks and protect sensitive data by granting users or system components only the minimum privileges necessary to perform their authorized tasks. It ensures that individuals or entities have access to the specific data and functionality required to carry out their responsibilities and no more. By limiting access to only what is necessary, the principle helps reduce the potential for accidental or intentional misuse or unauthorized access to data.
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Noor Patel has had a busy year! She decided to take a cross-country adventure. Along the way, she won a new car on the "Price Is Right" (valued at $15,500) and won $500 on a scratch-off lottery ticket (the first time she ever played). She also signed up for a credit card to start the trip and was given a sign-up bonus of $100. How much will she have to include in her federal taxable income?
Answer:
$16,100
Explanation:
The computation of the amount included in the federal taxable income is shown below:
= Winning of car price + winning amount + credit and sign up bonus
= $15,500 + $500 + $100
= $16,100
hence, the amount involved in the federal taxable income is $16,100
We simply applied the above formula so that the correct value could come
The relationship between increasing prices and decreasing money value is called
Answer:
Inflation occurs when prices rise across the economy, decreasing the purchasing power of your money.
Explanation:
Can I please get on the brainlist
What was the long-term global temperature trend over the past 100 million years?.
Over the past 100 million years, the global temperature trend has been such that the earth has become colder, and the temperature has fallen significantly.
What is temperature trend?The average change in the temperature for a specific predefined period is known as the temperature trend of such region. Degree Celsius per decade is the unit of measurement of the trend as such.
The temperature trend in the past 100 million years has led to the fall in the temperature.
Hence, the temperature trend for the period has been aforementioned.
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The modern enterprises reported all assets in the accounts at current market value. This action is a violation of:
This action is a violation of Cost Principle or Historical Cost Concept.
What is Historical Cost Concept?The historical cost principle states that a company or business must account for and record all assets at the original cost or purchase price on their balance sheet and not at its market price.
The historical cost principle forms the foundation for an ongoing trade-off between usefulness and reliability of an asset.
Thus, if the modern enterprises reported all assets in the accounts at current market value. This action is a violation of Cost Principle or Historical Cost Concept.
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