Beverly is a TA (teaching assistant) for Prof. Bork. She has graded four sets of quizzes so far and is concerned that James Smith is doing poorly in the course. She wants to articulate this to Prof. Bork using a formal argument. She believes that quizzes are a good indicator of learning. So far, the average grade for the quizzes has ranged between 75% and 80%. The course grade is largely based on the total of five quizzes, and James has failed all four quizzes so far. Help Beverly to create a formal argument (below) by supplying the relevant premises that could support her stated conclusion. Use only the information provided in the question only the information that is relevant.
Premise:

Premise:

Premise:

Premise:

Conclusion: James Smith will likely receive a low grade in the course.

For each of the following situations, indicate whether you agree or disagree with the financial reporting practice employed and state the basic assumption, component, or accounting principle that is applied (if you agree) or violated (if you disagree).wagner corporation adjusted the valuation of all assets and liabilities to reflect changes in the purchasing power of the dollar.spooner oil company changed its method of accounting for oil and gas exploration costs from successful efforts to full cost. no mention of the change was included in the financial statements. the change had a material effect on spooner's financial statements.cypress manufacturing company purchased machinery having a five-year life. the cost of the machinery is being expensed over the life of the machinery.rudeen corporation purchased equipment for $180,000 at a liquidation sale of a competitor. because the equipment was worth $230,000, rudeen valued the equipment in its subsequent balance sheet at $230,000.davis bicycle company received a large order for the sale of 1,000 bicycles at $100 each. the customer paid davis the entire amount of $100,000 on march 15. however, davis did not record any revenue until april 17, the date the bicycles were delivered to the customer.gigantic corporation purchased two small calculators at a cost of $32.00. the cost of the calculators was expensed even though they had a three-year estimated useful life.esquire company provides financial statements to external users every three years.