A business decides to revalue its property from the existing
figure of
£​150,000
to
£​175,000.
How would this affect the statement of financial​ position?

Answers

Answer 1

This change will increase the company's net assets and, as a result, its equity. A business decides to revalue its property from the existing figure of £​150,000 to £​175,000.

The following will happen as a result:

Impact of revaluation on the statement of financial position: The statement of financial position of the company will now show the property at £175,000 instead of £150,000.

As a result, the total value of the company's assets will increase by £25,000, the difference between the previous value of the property and the new value. Also, the net assets of the company will be higher as a result of the revaluation.

The effect of this on the statement of financial position will be that the asset's side of the statement will now show a total of £x amount (where x is the total of the revalued property and all the other assets), while the liabilities and equity side of the statement will remain unchanged.

This change will increase the company's net assets and, as a result, its equity.

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Related Questions

Rather than ordering a full appraisal, lenders may utilize an Automated Valuation Model which is a computer program that provides a quick synopsis of value.
True
False

Answers

True

Lenders can use an Automated Valuation Model (AVM) to quickly estimate the value of a property without ordering a full appraisal. AVMs use data such as recent sales of comparable properties, property characteristics, and local market trends to generate an estimated value. However, it's important to note that AVMs may not always be accurate and can be impacted by factors such as property condition and unique features.


Automated Valuation Models
(AVMs) are computer programs that provide a quick synopsis of value for properties. They use statistical models and historical data to estimate a property's value. Lenders may utilize AVMs as they are time and cost-effective compared to full appraisals. However, AVMs may not be as accurate as a full appraisal conducted by a professional appraiser.

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what is most likely to occur to the growth rate of output per capita as the country begins to rebuild?

Answers

We are aware that the growth rate of production per worker is influenced by the technological advancement in the steady state. The production per worker equals the rate of technological advancement once the economy reaches its steady state, just as it did prior to the conflict.

According to the catch-up effect hypothesis, less developed nations' per capita incomes will eventually catch up to those of more developed nations. It is founded on the empirical finding that growth rates tend to slow as an economy ages and the law of diminishing marginal returns as applied to national investment.

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Select the false statement about a budget

A budget balances net income and expenses.

A budget provides input to financial planning.

A budget is an emergency fund.

A budget should be reviewed regularly.

Answers

budget is an emergency fund is the false statement

Which regulation primarily cover medical retention standards? AR 40-501 AR 220-1 AR 600-8-1 FM 6-22

Answers

Answer:

The regulation that primarily covers medical retention standards is

AR 40-501

Explanation:

AR 40-501 provides the guidelines for determining the medical fitness of US Armed personnel.  This implies that those who do not meet the requirements are not retained for military services.  The AR = Army Regulation. AR 220-1 deals with the protection of immigrants and refugees.  AR 600-8-1 deals with armed personnel casualties while FM 6-22 is about Army publications.

in a perpetual inventory system, the entry at the time of a sale to record the cost of the inventory sold includes a:

Answers

In a perpetual inventory system, the entry at the time of a sale to record the cost of the inventory sold includes a debit to Cost of Goods Sold and a credit to Inventory.

What is an inventory system? An inventory system refers to the method used by a business to account for its goods available for sale, including the purchase of materials, production of finished goods, and sale of products to consumers. Inventory systems help businesses maintain proper inventory levels, record transactions, and accurately calculate the cost of goods sold.In a perpetual inventory system, the entry at the time of a sale to record the cost of the inventory sold includes a debit to Cost of Goods Sold and a credit to Inventory. In contrast to a periodic inventory system, a perpetual inventory system keeps track of inventory levels in real-time, rather than only at the end of a specified period.What is the cost of goods sold?The cost of goods sold (COGS) is the cost of the materials, labor, and overhead used to create the products a company sells during a specified period. This cost includes direct costs like raw materials, wages for production staff, and any costs directly associated with the manufacturing process. Indirect costs like rent, utilities, and administrative salaries are not included in COGS.

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A perpetual inventory system measures cost of goods sold by making entries to the inventory account for each purchase and sale. Therefore, correct answer is B.

A perpetual inventory system is an inventory accounting system that records the purchase and sale of inventory in real-time using computerized systems. In this system, the inventory records are updated automatically every time a transaction occurs. The records include details of inventory purchases, sales, and returns.

A perpetual inventory system helps companies keep accurate records of their inventory levels and track their inventory movements. It eliminates the need for periodic physical inventory counts that are required under a periodic inventory system.

The cost of goods sold is the cost incurred to produce or purchase the products that were sold during a particular period. It includes the cost of direct materials, direct labor, and indirect expenses incurred in the production process. The cost of goods sold is calculated using the formula:

Beginning inventory + Purchases during the period - Ending inventory = Cost of goods sold

Thus, a perpetual inventory system measures cost of goods sold by making entries to the inventory account for each purchase and sale. Option B is correct.

Note: The question is incomplete. The complete question probably is: A perpetual inventory system measures cost of goods sold by: A. Estimating the amount of inventory sold. B. Making entries to the inventory account for each purchase and sale. C. Counting inventory at the end of the period. D. Debiting cost of goods sold for all purchases of inventory.

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which auto brand is currently made by the ford motor company?

Answers

Currently at the moment the auto brands ford is making is of the following: Lincoln. Have a good day and I hope this helps you :D

how to right a conclusion for human resources​

Answers

Answer:

The conclusion should state once again the problems and solutions that you have arrived at during your research. Learning how to write a human resources essay requires you to be keen on making a good summary of the interpretations and observations described in the main body of the paper.

Explanation:

Hope this helps

When a person tires to cultivate new clients or expand business relationships it is called what

Answers

Answer:

its call networking .

Networking
The best way to get a job!

in economics, firms are assumed to maximize responses a output prices.output prices. b the quantity of production.the quantity of production. c profits.profits. d consumer satisfaction.

Answers

In economics, firms are assumed to maximize "c. profits." This means that they aim to achieve the highest possible difference between their total revenues and total costs.

In economics, firms are assumed to maximize profits, which is a function of both output prices and the quantity of production.

While consumer satisfaction is certainly important for the long-term success of a firm, it is not typically the primary focus in economic theory. Instead, firms aim to produce goods and services at the lowest possible cost while also charging a price that maximizes profits.

This means that firms must strike a delicate balance between the price they charge for their products and the amount they produce in order to optimize their profits.


This is done to ensure the financial success and sustainability of the business.

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and why cant i keep a relationship??

and why cant i keep a relationship??

Answers

Answer:you can keep a relationship never give up and find the one for you.

Explanation:

don’t worry about you not keeping one the right one is obviously not here yet ! btw you should really hit the thanks button :)

What needs to happen to the money supply to recession?

Answers

Answer:

In order for your money suppy to recession you need credit.

Explanation:

Your credit needs to be good.

or placing trade restrictions on other countries to shield domestic industries from
competition, takes many forms.
are taxes imposed on imported goods and services.
place limits on the amount of a good that can be imported from a particular country.
Early in the twentieth century, the United States imposed
Y agricultural
goods. While this measure protected US farmers, it caused European governments to impose
tariffs
on US products. Heavy tariffs on imports led to a drastic decline in international trade, which further weakened the
global economy and aggravated the Depression.
Today, some US workers believe the government should
protectionism to protect their industries from
foreign competition and prevent job
in the United States. This thought is shared by
some business owners as well.

Answers

Answer: protectionism, tariffs, quotas, tariffs, European,

retaliatory, increase, cheaper, losses

Explanation: Plato / Edmentum

Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply

Answers

Ans: people with skills that are high in demand but low in supply

They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply

Suppose a consumer with an income of $100 is faced with px = $1 and py = $0.50. what is the market rate of substitution between good x (horizontal axis) and good y (vertical axis)?

Answers

Given the prices of good x and good y, the market rate of substitution is 2, indicating the consumer's willingness to trade 2 units of good y for one unit of good x. The MRS represents the relative value placed on the two goods in consumption decisions.

The market rate of substitution (MRS) between good x and good y can be calculated by taking the ratio of their prices, specifically px divided by py. In this case, the price of good x is $1 and the price of good y is $0.50, so the MRS would be 1/0.50 = 2.

Therefore, the market rate of substitution between good x and good y is 2. This means that the consumer is willing to give up 2 units of good y for an additional unit of good x, while keeping the same level of satisfaction, given the relative prices of the goods.

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iam a 4 tail fox im a chef and a medic what am i

Answers

Answer:

Explanation:Surgeon

Tamica doesn’t say because she lives with her parents and doesn’t think she needs any savings since they cover most of her bills which of the following is an argument against her thinking

Answers

Answer:

Savings prepare for emergencies

Explanation:

They really do

Savings prepare for emergencies.

How much should you have in your savings account for emergencies?

Even as the scale of your emergency fund will vary relying on your lifestyle, costs, profits, and dependents, the rule of thumb is to put away a minimum of three monthly months' nicely really worth of expenses.

What should monthly you save monthly for a catastrophe?

Some financial specialists advocate saving for three-6 months well well worth of residing fees, and even though that is without a doubt an intention month-to-month aspire month-to-month, constructing an emergency fund period of this value is a daunting challenge, and as an end result, lots of us throw in the month before even getting started out.

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how does analytical skills help to solve problems​

Answers

Answer:

how does analytical skills help to solve problems

Analytical skills

The ability to examine information or a situation in detail in order to identify key or important elements, their strengths and weaknesses and use these to compile a persuasive argument, make recommendations or solve a problem.

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what are the main duties and responsibilities of a Hotel manager​

Answers

Answer:

Here are some:

recruiting, training and supervising staff.

managing budgets.

maintaining statistical and financial records.

planning maintenance work, events and room bookings.

handling customer complaints and queries.

promoting and marketing the business.

Hope it helps you pls mark me brain list.

Answer:

The main duties and responsibilities of the hotel manager are as below:

Explanation:

1) Recruiting, training, and supervising staff.

2) Managing budgets.

3) Maintaining statistical and financial records.

4) Planning maintenance work, events, and room bookings.

5)Handling customer complaints and queries.

6) Promoting and marketing the business.

Explain the difference between the common misconception people have about tax brackets and how they actually work

Answers

Answer:

Tax brackets misconception is that it defines how much tax will be paid by an individual but this is not true. It only determines the rate of tax which will be applied to the individual for his income.

Explanation:

The tax bracket is determined for an individual based on his salary. After the computation of taxable income tax brackets are selected and rate is applied which ever tax bracket falls correctly. The tax rate applied to the taxable incomes gives the tax amount which is to be paid by an individual.

describe and evaluate one study of compliance

Answers

Answer:

In studying compliance, social psychologists aim to examine overt and subtle social influences experienced in various forms by all individuals. Implicit and explicit psychological processes are also studied since they shape interactions.

The experimental analysis of compliance has focused primarily on three multiple request procedures: (1) the foot-in-the-door technique, (2) the door-in- the-face technique, and (3) the low-ball technique.

Figure 6 depicts the four types of compliance behaviour (deliberately compliant, accidentally non-compliant, accidentally compliant and deliberately non-compliant) and the contribution that intention and/or administrative effectiveness provides to the performance of the behaviour.

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servant leadership can enhance group performance by clarifying goals and increasing team potency. group of answer choices true false

Answers

True. Servant leadership can enhance group performance by clarifying goals and increasing team potency.

The statement that servant leadership can enhance group performance by clarifying goals and increasing team potency is True.

What is Servant Leadership?

Servant leadership is a leadership philosophy in which the leader's main goal is to serve others. Servant leaders prioritize the needs of their team members and use their leadership role to assist them in achieving their objectives. In the event of a disagreement, a servant leader will prioritize the group's needs over their own. In other words, servant leadership is a leadership strategy in which the leader prioritizes serving others over serving themselves. Instead of seeing themselves as the boss or the person in charge, they view themselves as servants who are there to assist and assist their employees or group members. In light of the preceding explanation, we can infer that servant leadership can enhance group performance by clarifying goals and increasing team potency. The goals of the group members are made apparent when the leader prioritizes the team's needs over his own. As a result, it helps to increase the overall performance of the group.
True. Servant leadership can enhance group performance by clarifying goals and increasing team potency.

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The Italy can produce 20 Gas turbines and 60 Tyres. France can produce 80 Gas turbines and 30 Tyres.
a). What is the opportunity
cost of producing Gas turbines in Italy? ______ tyres.
b). What is the opportunity cost of producing Tyres in
France ? _______ Gas turbines.

Answers

Answer:

1. 60 Tyres

2. 80 Gas Turbines

Explanation:

Given that the Opportunity cost is an economics term that is used in describing the cost of an alternative that must be forgone to continue or proceed with a certain activity.

Hence, in this case, considering the available information in the question, the correct answer is that the opportunity cost of producing Gas turbines in Italy is 60 Tyres.

At the same time the opportunity cost of producing Tyres in France 80 Gas turbines.

ikram thinks that his net profit next year will be higher if he increases prices to $6 per customer. Do you agree? Justify your answer

Answers

Answer:

Explanation:

To determine if increasing the price to $6 per customer will lead to higher net profits next year, Ikram needs to consider both the demand for his product and the costs associated with producing it.If demand for his product is inelastic (meaning customers are willing to pay a higher price for it regardless of the price increase), then increasing the price to $6 per customer may lead to higher net profits. However, if demand is elastic (meaning customers are more price-sensitive and may switch to a competitor if prices increase), then increasing the price could actually result in lower net profits.Ikram also needs to consider his costs. If the cost of producing the product remains the same or decreases, then the increase in price could lead to higher net profits. However, if the cost of production increases, then the increase in price may not offset the increase in costs and could result in lower net profits.Therefore, without knowing the specifics of Ikram's product, its demand, and its costs, it is difficult to say whether increasing the price to $6 per customer will lead to higher net profits. Ikram should conduct a cost-benefit analysis to determine the optimal price that will maximize his net profits.

i failed on edg course bc of yall

Answers

Not our fault maybe listen in your class

Could someone help me please?

Answers

Answer: Yes Definitely. But i need the question

Explanation:

you can get the solution on Brainly straightly.

Unit 4.1 - Internal Controls & Auditor's letter (Ch. 7) Q1 Give an example of an internal control that this company may have in place in some part of the organization. (You can use your imagination.) Be specific.

Answers

Every company needs control over its day-to-day business operations, and for this reason, they require periodic auditing to look for fraud, risk, and money misuse.

For instance, the management of XYZ Company discovered that there were several issues with how to operate the business, including a rise in theft and other fraudulent activities and workers who were not performing their tasks to the best of their abilities.

The management is now interested in the causes of all these issues and wants to get things better. They hired an auditor, who ultimately provided reports, ascertained the causes, and offered management advice on how to improve the situation. Without an effective internal control system, an organization cannot advance. After implementing the correct internal system, management noticed that the situation was getting better.

Therefore, it is accurate to argue that internal control aids the organization in enhancing its state.

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Ireena has used an imported brand of shampoo tor several years, but she can no longer tind it anywhere. She was surprised to see ads tor Procter & Gamble's Head and Shoulders being promoted as a glamorous health-oriented product. She always thought of Head & Shoulders as an anti-dandruff shampoo. The new ads suggest that Head & Shoulders has most likely been.
Multiple Choice O rebranded. O reformulated. O co-branded. O extended as a brand. O licensed to a premium shampoo manufacturer.

Answers

The answer to the question is that the new ads suggest that Head & Shoulders has most likely been rebranded. Rebranding is the process of giving a product or a company a new name, symbol, or change to its design in order to create a new identity for it.

Rebranding is usually done when a company wants to distance itself from its previous image or when it is planning to launch new products or services. Rebranding is also done when a company is trying to reposition itself in the market to appeal to a new set of customers. It helps to improve the image of the company or its products and make it more relevant to the customers.

Head & Shoulders has been a well-known anti-dandruff shampoo for many years. However, the new ads suggest that the product has been rebranded as a glamorous, health-oriented product. This means that the company has changed the way it is marketed to appeal to a new set of customers who are looking for more than just an anti-dandruff shampoo.

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How to study using a 450 pg online college textbook in which you are asked detailed questions and scenarios.. It's overwhelming.

Answers

Answer:

Explanation:

There are many things in life that will seem overwhelming due to the how large and complex all of the data may be. The best way to get through these moments is to divide the task into smaller parts and sit down and dedicate time to it. For such a textbook divide the total amount of pages and read a little bit at a time, take breaks, reflect on what you have read, answer practice questions, and continue to the next group of pages. You will see after getting started that it is not as overwhelming anymore.

What should you, the worker, be aware of with regard to evacuation procedures at your workplace?
(select two answers)
(a) when you get back into the building
(b) evacuation plans
(c) what to do when the emergency has passed
(d) how long the emergencies will last

Answers

With regard to evacuation what one has to be aware of would be

evacuation planshow long the emergencies will last

What is meant by evacuation?

This is the term that is used to refer to all that would have to be done in order to get all the occupants of a building out of it due to an emergency that is occurring in the building. The need for evacuation is often due to emergency that could cause a loss of life. An example of such incidence would during a fire outbreak.

Hence we can say that With regard to evacuation what one has to be aware of would be

evacuation planshow long the emergencies will last

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Resolve (7x+19)/(x+1)(x+5) into partial fraction​

Answers

Answer:

\(\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{3}{x+1}+\dfrac{4}{x+5}\)

Explanation:

The given expression is  

\(\dfrac{7x+19}{(x+1)(x+5)}\)

We need to resolve this into partial fraction.

The form of the partial fraction decomposition is

\(\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{A}{x+1}+\dfrac{B}{x+5}\)        ...(1)

\(\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{A(x+5)+B(x+1)}{(x+1)(x+5)}\)

\(7x+19=Ax+5A+Bx+B\)

\(7x+19=(A+B)x+(5A+B)\)

On comparing both sides, we get

\(A+B=7\)      ...(2)

\(5A+B=19\)    ...(3)

Subtract (2) from (3), we get

\(4A=12\)

\(A=3\)

Put A=3 in (1).

\(3+B=7\)

\(B=4\)

Put A=3 and B=4 in (1).

\(\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{3}{x+1}+\dfrac{4}{x+5}\)

Therefore, \(\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{3}{x+1}+\dfrac{4}{x+5}\) .

Other Questions
Marisol rode her bicycle each day for five days.Estimate how far she biked in all. Round eachnumber to the nearest whole number.12+__+18+__+__=___She biked about _____miles. What is the slop of the line?5(y+2)=4(x-3)A. 3/2B. 2/3C. 4/5D. 5/4 Why was it necessary for early humans to move from one location to another?A. to gain control of more territoryB. to flee from dangerous diseasesc. to find new places to trade goodsD. to hunt herds of migrating animals what type of chemical reaction is it which conquistador led the Spanish conquest of the Inca empire? A)vasco nunez de ballboa B)hernan cortes C)francisco pizarro D)francisco vazquez de coronado what is a the cell theory If the price elasticity of demand for airline tickets is 3.0 for a vacation traveler and 0.4 for a business traveler, then a monopolist interested in price discrimination would charge: A. a higher price for the business traveler and a lower price the vacation traveler. B. a lower price for the business traveler and a higher price for the vacation traveler C. the same price for the leisure traveler and the business traveler. D. a less profitable price for the business traveler than for the vacation traveler. A deauthentication (deauth) attack is a form of __________ attack.A) DoSB) DHCP snoopingC) social engineeringD) RF emanation sachant qu'un atome demercure possge 201 nuclons estime la masse de l'atome en explicitant les aproximatimations effectue If you see a man holding a sign for a job, what does that mean? Why was he searching for work with a sign?" What was the result of so many men out of work?. Translate the following phrase into an algebraic expression. Do not simplify. Use the variable names "X" or "y" to describe the unknowns.the product of a number and eight in the early 1900s, mental hospitals would take the most severely affected patients, mostly people with schizophrenia, and isolate them in a part of the hospital called the: please choose the correct answer from the following choices, and then select the submit answer button. answer choices state prison. acute ward. milieu ward. back wards. which mobile device location-based policy is used to identify geographical location by analyzing media files? The Federalists felt that the _______ was fine as it was.A. U.S. ConstitutionB. Declaration of IndependenceC. Bill of RightsD. Articles of Confederation please help me !! ill mark brainliest if youre right! When was Huckleberry Finn banned? Marsh Company had 150 units of product A on hand at January 1, year 2, costing $21 each. Purchases of product A during the month of January were as follows: Units Unit cost Jan. 10 200 $22 18 250 23 28 100 24 A physical count on January 31, year 2, shows 250 units of product A on hand. The cost of the inventory at January 31, year 2, under the LIFO method is A medium sized apple contains 84 kcal. If the apple contains 20g of carbohydrates and 0.2g of fat, how much protein is in the apple? 50.75g O 2.5g 0.2g 0.5g Solve the equation for x. log, 64 = -3 Solve the equation for x. log, 64 = -3 James hiked on two trails. The first trail was l 2/5 miles long, and the second trail was 5 times as long as the first trail. How many miles did James hike?