An electric device delivers a current of [tex]$15.0 A$[/tex] for 30 seconds. How many electrons flow through it?
Answer (2)
In a business firm, valuing the assets based on their intrinsic value rather than their realizable value is based on the accounting concept known as 'Going Concern.'
What is Going Concern? The 'Going Concern' principle assumes that a business firm will continue to operate indefinitely, and not liquidate or significantly curtail the scale of its operations. This assumption allows accountants to report assets at their intrinsic or historical cost rather than at their realizable value.
Why Use Intrinsic Value? Intrinsic value reflects the cost that was spent to acquire the asset initially and ensures that the financial statements reflect a stable and consistent valuation methodology rather than frequent market-driven evaluations.
How is Intrinsic Value Recorded? Intrinsic value can typically be recorded as the original purchase cost of the asset less any accumulated depreciation or impairment losses, giving a more consistent financial picture over time.
Importance of the Concept: This approach helps businesses reflect a stable financial position, encouraging investment and lending confidence. It avoids short-term market fluctuations from impacting the book value of long-term assets on the balance sheet.
Understanding these accounting principles is crucial for ensuring accurate financial statements and maintaining investor confidence in business operations.
In a device delivering 15.0 A for 30 seconds, the total charge is calculated to be 450 coulombs. Using the charge of a single electron, approximately 2.81 × 10^21 electrons flow through the device in that time. This illustrates the relationship between current, charge, and the flow of electrons.
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