The given statement mentions Franco Co., the parent company of a US-based multinational corporation (MNC) that uses forecasted exchange rates to assist with various business functions.
Suppose that Franco Co., which must purchase supplies from Mexico in 30 days, is deciding whether to purchase forward contracts on pesos to guard against potential appreciation of the peso. Franco Co. forecasts the future value of the peso to help it make this decision. This is an example of using exchange rate forecasting to assist with financial decisions with the goal of improving the value of the MNC by influencing the business.
Decision-making is the process of selecting the best course of action from among several alternatives. Financial decisions are concerned with the allocation of scarce resources among different opportunities for achieving the goals of the company. One of the most important functions of multinational corporations is to forecast exchange rates that are used for various business functions.
Forecasting exchange rates help MNCs understand the future value of their currencies so that they can make decisions on how to allocate resources effectively. In this case, Franco Co. is deciding whether to buy forward contracts on pesos to safeguard against a possible appreciation of the peso. This decision has the goal of improving the value of the MNC by influencing the business.
Therefore, this is an example of using exchange rate forecasting to assist with financial decisions with the aim of improving the value of the MNC by influencing the business.
Hence, the correct answer is financial decisions and business.
To learn more about “forward contracts” refer to the https://brainly.com/question/15581105
#SPJ11
Dont worry about me, I just added this answer so the other person can get their brainliest because they definetly deserve it
HI HI HI HI HI HI HI HI WATER IS H20
For what reason can you infer that it might be relevant for a policy analyst to have a law degree?
A) Departments of education are in the executive branch, and most executive-branch officials have law degrees.
B) Policy analysis is a volatile job market, and it is helpful to have another field to fall back on.
C) Education policy needs to be enacted into law by our legislators and needs to comply with other state and federal laws.
D) Policy analysts tend to get sued by ideological foes, so legal knowledge is good protection.
Explanation:
i think is answer b.....m.
Which of the following are not traits of entrepreneurs?
I
energy
dishonesty
dedication
dependence
Answer: dishonesty and dependence.
Explanation:
Dishonesty are not traits of entrepreneurs. Entrepreneurs often have a knack for thinking outside the box, generating new ideas, and finding innovative solutions to problems. The answer is OPTION B.
Risk-taking: Entrepreneurs are willing to take calculated risks and step out of their comfort zones to pursue their business ideas.
Passion: Successful entrepreneurs are deeply passionate about their ventures, which fuels their motivation and perseverance.
Vision: Entrepreneurs have a clear vision of their goals and a strong sense of where they want to take their businesses in the long term.
Adaptability: They can quickly adapt to changing circumstances, markets, and trends, allowing them to stay relevant and competitive.
Persistence: Entrepreneurs demonstrate resilience in the face of challenges, setbacks, and failures, and they are committed to overcoming obstacles.
To learn more Entrepreneurs, click here.
https://brainly.com/question/31010585
#SPJ3
Garrett works with the Construction Manager on the job site. Garrett makes sure everything is up to code in the new building. Garrett is a(n) Construction Laborer. Operating Engineer. Building Inspector. Cost Estimator.
The job of the building inspector is to keep a check on the undertaking of activities in a righteous manner. Garrett can be referred to as a Building Inspector.
What are the duties of a building inspector?
A building inspector is such a person who is required to keep a rigorous check on the compliance related to the new construction in the surroundings it is being built in.
Not just this, a building inspector is also required to assess whether the national building codes are followed up to the mark in the construction of a building.
In the above example, Garrett is seen assisting the construction manager on the job site to make sure whether everything is up to the building codes in the new building, and thus he follows the duties as that of an inspector.
Hence, option C; Garret who makes sure everything is followed up to the codes in the new building is a Building Inspector.
Learn more about a building inspector here:
https://brainly.com/question/6171316
NoGrowth Industries presently pays an annual dividend of $1.20 per share and it is expected that these dividend payments will continue indefinitely. If NoGrowth's equity cost of capital is 10%, then the value of a share of NoGrowth's stock is closest to
Answer:
Value of share = 12
Explanation:
Below is the calculation to find the value of share:
Value of share = Annual dividend / ( Required return - Growth rate)
Annual dividend = $1.20
Required return = 10%
Growth rate = 0
Now plus the values in the formula:
Value of share = Annual dividend / ( Required return - Growth rate)
Value of share = 1.20 / ( 10% - 0)
Value of share = 1.20 / 0.1
Value of share = 12
Best pick up line gets brainliest :)
Answer:
did you fall from heaven? because your face is super messed up
Explanation:
Answer:
Well, here I am. What are your other two wishes?
Are you French? Because Eiffel for you.
Do you like raisins? How do you feel about a date?
There is something wrong with my cell phone. It doesn't have your number in it.
If I could rearrange the alphabet, I’d put ‘U’ and ‘I’ together.
I'm no photographer, but I can picture us together.
Feel my shirt. Know what it’s made of? Boyfriend material.
Are you related to Jean-Claude Van Damme? Because Jean-Claude Van Danngg! you’re semxy!
If you were a chicken, you’d be impeccable.
Did your license get suspended for driving all these guys crazy?
I’m learning about important dates in history. Wanna be one of them?
Baby, if you were words on a page, you’d be fine print.
Did you just come out of the oven? Because you’re hot.
It’s a good thing I have my library card because I am totally checking you out.
I was blinded by your beauty; I’m going to need your name and phone number for insurance purposes.
I was wondering if you had an extra heart. Because mine was just stolen.
Is your name Google? Because you have everything I’ve been searching for.
Explanation:
explain cross elasticity of demand for unrelated goods
Answer:
The cross elasticity of demand for substitute goods is always positive because the demand for one good increases when the price for the substitute good increases. ... Items with a coefficient of 0 are unrelated items and are goods independent of each other.
according to the clear and present danger test, speech may be restricted
a. when it incites violent action
b. when it lacks a political purpose
c. whenever the u.s. is at war
d. if it is deemed offensive to religious organizations
e. if the writer or speaker is not a citizen of the u.s.
According to the Clear and Present Danger Test, speech may be restricted when it incites violent action (option A).
This test, established in the 1919 Supreme Court case Schenck v. United States, determines whether speech creates a risk of immediate and substantial harm. The Court balances the importance of free speech against the potential danger it poses. Speech lacking political purpose, being offensive to religious organizations, or the citizenship of the speaker are not factors considered in this test. The focus is solely on the likelihood of imminent harm resulting from the speech.
The clear and present danger test is used to balance the right to free speech with the need to maintain public safety and order.
To know more about Right to Speech visit-
https://brainly.com/question/14827260
#SPJ11
foster, a human resource professional, is evaluating some of the company's managers to select one for an overseas assignment. he knows he may not discriminate based on age or sex, but he also doesn't want to send someone on an assignment that will cause personal difficulties, disrupt family relations, and cause complications for the manager's success. how can he best avoid discrimination while selecting a candidate who can thrive in the assignment?
Foster, a human resources consultant, is assessing many of the company's managers in order to choose one for an overseas assignment. He understands that he cannot discriminate on the basis of age or gender, but he also does not want to send someone on an assignment that would bring personal issues, disturb family connections, and complicate the manager's performance. By presenting candidates with a thorough, factual overview of the job and the host country's culture.
In layman's terms, what is discrimination?Discrimination is the act of categorizing individuals unfairly into groups, classes, or other categories to which they belong or are perceived to belong. People may encounter prejudice because of their skin color, gender, age, religion, and disability, among other things. that they have a better chance of succeeding if they have a better chance of succeeding if they have a better chance of succeeding if they have a better chance. It means barring members of one group from opportunities or benefits enjoyed by members of another.
To learn more about discrimination, click
https://brainly.com/question/29801080
#SPJ1
Why do banks hold reserves at the Fed?
At the Federal Reserve Banks, accounts are maintained by more than 5,000 depository institutions. In order to make and receive payments, they keep a balance in those accounts.
The primary purpose of bank reserves is to prevent panic. Banks are required by the Federal Reserve to keep a certain amount of cash in reserve so that they never run out and have to deny a customer a withdrawal, which could lead to a bank run. In monetary policy, bank reserve levels can also be used by a central bank.
Why do banks store their funds at the Fed?According to Wheelock, the Federal Reserve is a location where banks "can park their money for periods until they find a good investment opportunity, or a good lending opportunity." Fannie Mae, Freddie Mac, and the Federal Home Loan banks are two examples of institutions that hold deposits with the Fed but do not receive interest on those deposits.)
To learn more about Federal Reserve Banks here:
https://brainly.com/question/30002356
#SPJ4
governments of ____ countries can encourage trade by minimizing interference with the free exchange of goods and services.
Answer:
Developing
Explanation:
Sharon contributed property to the newly formed QRST Partnership. The property had a $100,000 adjusted basis to Sharon and a $160,000 fair market value on the contribution date. The property was also encumbered by a $90,000 nonrecourse debt, which was transferred to the partnership on that date. Sharon is treated as a general partner. She is allocated 30% of QRST's profits and 20% of QRST's losses. Sharon's basis in the partnership interest after the formation transaction is:
Answer: $37000
Explanation:
Sharon's basis in the partnership interest after the formation transaction is calculated below:
Adjusted basis of property to Sharon = $100,000
Less: Basis in mortgage = $90000 × (100% - 30%) = $90000 × 70% = $63000
Then, Sharon's basis in the partnership interest after the formation transaction will be:
= $100000 - $63000
= $37000
An investor whose highest priority is getting the largest gains possible, even if
it requires a lot of risk, would most likely invest in ________.
A. Hedge funds
B. Bonds
C. Mutual funds
D. Saving accounts
The investor whose highest priority is getting the largest gains possible would invest in hedge funds. (option A)
What are hedge funds?Hedge funds are alternative investments that pool the financial resources of different high net worth people together in order to invest in different ventures. Hedge funds are known to invest in different risky and illiquid investments. This increases the rate of their returns relative to other options.
To learn more about hedge funds, please check: https://brainly.com/question/9965923
#SPJ1
You want to paint your room yellow, so you get some samples at the paint store. when you hold the sample against your white wall, it looks different from the way it looks against the green curtain. a psychologist would attribute this to perceptual constancy. visual paradoxes. contrast effects. threshold differences.
Answer:
contrast effects
Explanation:
Contrast effects is a change of perception when we compare something with something else thereby noticing the difference between them. These comparisons can be color, price, taste.
Contrast effects can make a color appear darker when placed in a lighter background or that an item appear to be cheap when place after being shown a more expensive item. Contrast effects can either be positive or negative.
A positive Contrast effect is one that makes an item better than it is while a negative Contrast effect make an item worse than it is.
A private university charges the same tuition for both in-state and out-of-state students, and it notices that in-state and out-of-state students seem to respond differently to tuition changes. The quantity demanded for in-state and out-of-state students at different tuition levels is provided below. Tuition Quantity demanded (in-state applicants) Quantity demanded (out-of-state applicants) $10,000 6,000 12,000 $15,000 5,000 9,000 $20,000 4,000 6,000 $30,000 3,000 3,000 As the price of tuition rises from $20000 to $30000, the price elasticity of demand for tuition for out-of-state applicants is _____ elastic than it is for in-state applicants. Choose one: A. more B. less Part 2 (2 points) What is the in-state elasticity and the out-of-state elasticity? Give your answer to two decimals. In state:
Answer:
1.) As the price of tuition rises from $20000 to $30000, the price elasticity of demand for tuition for out-of-state applicants is more elastic than for in-state applicants.
2) in-state = 0.5; out-of -state = 1
Explanation:
Given the following :
Tuition Quantity demanded (in-state applicants) Quantity demanded (out-of-state applicants) $10,000 6,000 12,000 $15,000 5,000 9,000 $20,000 4,000 6,000 $30,000 3,000 3,000
Elasticity of demand = (percentage change in quantity demanded / percentage change in price)
% change in quantity demanded :
(Quantity change / Initial quantity) × 100%
[(Q2 - Q1) / Q1] × 100%
%change in price :
[(P2 - P1) / P1] × 100%
As tuition rises from $20000 to $30000
In state applicants :
%change in price :
[(P2 - P1) / P1] × 100%
[ (30000 - 20000) / 20000) × 100%
((10000)/ 20000) × 100%
= 50%
% change in quantity demanded :
(Quantity change / Initial quantity) × 100%
[(Q2 - Q1) / Q1] × 100%
Decrease in quantity demanded
[(3000 - 4000) / 4000] × 100%
(-1000/4000) × 100% = 25%
Elasticity of demand = 25% / 50% = 0.5
Out - Of - State applicants :
% change in price from $20,000 to $50,000 = 50%
% change in quantity demanded :
Demand decrease from 6000 to 3000
[(3000 - 6000) / 6000) × 100%
(3000 / 6000) × 100%
(1/2) × 100% = 50%
Elasticity of demand = 50% / 50% = 1
the price of a gallon of gasoline was $0.35 in 1972 when the cpi equaled 41.8. the cost of a gallon of gasoline is $2.15 in 2020 when the cpi equaled 257. the real cost of a gallon of gasoline between 1972 and 2020:
The real cost of a gallon of gasoline between 1972 and 2020 is 6.2 times higher. To explain this, we must consider the concept of "real cost" and the Consumer Price Index (CPI).
Real cost is the amount of money a consumer must spend to buy a good or service adjusted for inflation. Inflation is the general increase in the prices of goods and services over time. This means that, over time, the same good or service may cost more because of inflation.
The CPI is an index used to measure the average change in the price of a basket of goods and services over a certain period of time. It is used to measure changes in the cost of living and provides a measure of inflation.
Using the CPI from 1972 and 2020, we can calculate the real cost of a gallon of gasoline between these two years. In 1972, the price of a gallon of gasoline was $0.35 and the CPI equaled 41.8. In 2020, the price of a gallon of gasoline is $2.15 and the CPI equaled 257.
Using the formula (2020 CPI - 1972 CPI) / 1972 CPI, we can calculate the real cost of a gallon of gasoline between 1972 and 2020. The calculation yields 6.2, meaning the real cost of a gallon of gasoline between 1972 and 2020 is 6.2 times higher.
To know more about real cost, refer here:
https://brainly.com/question/19166422#
#SPJ11
Question 15 of 20
Property rights protect businesses by:
A. ensuring that they cannot be sued by their customers.
B. shutting down businesses that might become their competitors.
Ο Ο Ο Ο
C. reducing the taxes they have to pay to state governments.
D. preventing other businesses from copying their products.
SUB
Answer:
D
Explanation:
i believe it could also be c
Property rights protect businesses by preventing other businesses from copying their products. Option D. This is further explained below.
What are Property rights?Generally, Property rights are simply defined as the conceptual and constitutional possession of resources, and how they may be utilized are defined by property rights.
In conclusion, Businesses are protected by property rights, which prohibit competitors from replicating their goods.
Read more about Property rights
https://brainly.com/question/23031296
#SPJ9
Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation?
Answer:
Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation that last several years? Older, working couples saving for retirement. Older people living on fixed retirement income.
Show graphically the abnormal profit (economic profit) area of the pure competition firm in the short run.
The graph showing economic profits is in the image.
Perfect or pure competition is explained as "a condition in an industry where that industry is composed of many tiny firms providing homogenous products, when there is no barrier to the entry or leave of firms, and when full data is available."
In the short-run, the pure or perfect competition profit of a firm go up to the maximum position in situations where marginal revenues (MR) equals to the marginal cost (MC).
When the price (P) is higher than average cost (AC) for a given period of time, the firm can generate abnormal or economic profits in the Short run.
The difference between abnormal and normal profit is related to the link between average total cost and average market price, and abnormal profit can only be produced when average revenue is higher than average total cost. It's crucial to keep in mind, though, that not every business has the ability to make earnings that are above average
The characters in the graph stands for:
D = Demand in the market
MR = Marginal Revenue
MC = Marginal Cost
ATC = Average Total Cost
Short Run Profit = ( P - ATC ) × Quantity
To know more about economic profits and short and long runs,
brainly.com/question/30006091
A customer at the checkout complains that they can't find the brand of shampoo that they came in for. When you check for them, you see that there is no product on the shelf. What do you do?
Here are the options:
A. Check the receiving room for the product to be in the shelves.
B. Let them no the truck comes in on Tuesday.
C. Tell the Customer to check back again later.
D. Show the Customer the other brands of Shampoo that's available on the shelf
Answer:
D. Show the Customer the other brands of Shampoo that's available on the shelf.
Explanation:
This is the option because it provides an opportunity to still make a sale. Remember, the customer only complained of not seeing a particular brand
It therefore, means that if shown other brands of Shampoo that's available on the shelf they may opt-in to buy them.
What is Helena Fogarty doing to build brand equity for Mi Ola?
Answer:
she is using social media to build brand equity.
Explanation:
Helena Fogarty is using social media as an advertising resource due to the fact that more and more people will see it since social media is a big platform. she is also using this to her advantage as she can get feed back in order to make adjustments to her products.Helena Fogarty is using social media to build brand equity for Mi Ola.
Brand equity simply means the value premium that a business or company generates from a product with a recognizable name.
It should be noted that brand equity is also known as the brand worth of a company. It's the social value of a brand name. Helena Fogarty is using social media to build brand equity for Mi Ola. One can advertise its product on social media and create awareness. This will help improve sales and revenue.
Read related link on:
https://brainly.com/question/15555529
Question 6 of 10
Which sentence best completes the diagram?
Globalization
?
A. Incomes improve for poor people in all countries.
OB. Fewer companies have a need for natural resources.
OC. Natural resources move from poor to rich countries.
D. Local businesses face less international competition.
Answer:
answer is c
Explanation:
yes
During a project, it is determined that some of the necessary equipment will arrive 1 week later than anticipated. In order to keep the project moving, the project manager decides to begin the second step of the project before the first step is completed. During what phase of the project management process would this occur in?.
Perceiving and researching demands is the initial stage in creating educational software. The strategic plans for project management, human resources, or individual development may already include requests for employee education.
A management technique for organizing and overseeing products or the execution of a task is project management. This procedure, which is focused on the beginning principles of the process and overall task control, starts once the patron has given their approval based on the terms of the contract.
A mission's preferred results are explained, arranged, and successfully delivered using the four phases that make up the ITS challenge control Lifecycle. These include Initiation, Planning, Execution, and Closing.
To deliver something of value to people, project management uses a variety of specialized knowledge, abilities, tools, and procedures. Projects include the creation of software for enhanced corporate processes, the construction of a building, the relief effort following a natural disaster, and the growth of sales into a new geographic market.
Learn more about project management here: brainly.com/question/6500846
#SPJ4
Question 3: (You are expected to apply the IRAC method to resolve this problem-based scenario.) Jack spots an advertisement in a magazine for kids toys being sold by Kiddies R Us. In the advertisement, toys are advertised for low prices. The advertisement states that prices start from as little as $5. On Monday, Jack emails Kiddies R Us and asks the local store to hold ten (10) of their Big Boss toy trucks for him, for a week. He attaches a receipt confirming the electronic payment of $50 for his purchase. Matty is the manager of the local store and receives the email request from Jack with the attached receipt. Matty checks the prices and finds that they are listed for $9.00 per item elsewhere and have been misprinted in the magazine. She responds to Jack by email explaining this and indicating that he will need to provide an additional payment to secure the purchase of the toys. Jack responds to the email and offers Matty $7.00 per toy stating that he is buying bulk and should receive a discount. Matty responds to Jack by email suggesting that 'he can have them for $8.00 per item because he is buying so many'. Before Matty responds, Jack arrives at the store to collect the items and a sales assistant at the checkout tells him that he will be charged $9.00 per item (less the payment made). Jack refuses to pay and argues that he has secured a better contract with Kiddies R Us. Required: Identify and discuss whether there is a valid contract here. Have all the required elements or contract been fulfilled? Advise both Jack and Matty (10 marks)
Main Answer: No, there is no valid contract between Jack and Kiddies R Us.
In this scenario, the advertisement by Kiddies R Us in the magazine for toys at low prices can be considered an invitation to treat rather than an offer. An invitation to treat is an invitation for customers to make an offer, whereas an offer is a specific proposal made by one party to another, indicating a willingness to enter into a contract.
Jack's email to Kiddies R Us can be seen as an offer to purchase ten Big Boss toy trucks, as he attaches a receipt confirming the electronic payment of $50. However, Matty's response to Jack's email, stating that the prices in the advertisement were misprinted and an additional payment is required, can be seen as a counter-offer. A counter-offer occurs when the offeree responds to the offer with different terms, essentially rejecting the original offer and making a new proposal.
Jack's response to Matty's counter-offer, where he offers to pay $7.00 per toy, can be seen as a further negotiation. Matty's subsequent email, suggesting that Jack can have the toys for $8.00 per item because he is buying in bulk, can also be seen as a negotiation.
Before Matty has a chance to respond to Jack's negotiation, Jack arrives at the store to collect the items. Here, Jack's expectation that he will be charged $9.00 per item (less the payment made) does not align with the ongoing negotiations between him and Matty.
To have a valid contract, there must be an offer, acceptance, consideration, and an intention to create legal relations. In this case, there was no clear acceptance of any offer, as the negotiations were ongoing and no agreement on a final price was reached. Furthermore, the consideration (price) for the purchase of the toys was not agreed upon or paid in full.
Learn more about contract
brainly.com/question/32254040
#SPJ11
Oertel BG, Felden L, Tran PV, et al. Selective antagonism of opioid-induced ventilatory depression by an ampakine molecule in humans without loss of opioid analgesia
The study conducted by Oertel et al. explores the use of an ampakine molecule as a selective antagonist to counteract opioid-induced ventilatory depression while preserving the analgesic effects of opioids.
Ventilatory depression refers to the suppression of breathing caused by opioid medications, which can be life-threatening in cases of overdose or prolonged use.
In this research, the ampakine molecule was investigated for its ability to enhance the function of AMPA receptors in the brain, which are involved in excitatory neurotransmission. By enhancing the activity of these receptors, the researchers aimed to counteract the respiratory depression caused by opioids.
The study involved human participants who received opioid analgesics along with the ampakine molecule. The results showed that the ampakine effectively antagonized the opioid-induced ventilatory depression without compromising the analgesic properties of the opioids. This suggests that the ampakine selectively targeted the respiratory effects of opioids while leaving their pain-relieving properties intact.
The findings of this study have significant implications for improving opioid therapy safety by addressing the potential risk of respiratory depression.
The use of an ampakine molecule as a selective antagonist may offer a promising approach to mitigate this adverse effect and enhance patient safety during opioid treatment. Further research and clinical trials are necessary to validate and explore the potential applications of this novel approach.
Learn more about depression from below link
https://brainly.com/question/21711771
#SPJ11
describe and compare the three theoretical perspectives of employment relations.
The three theoretical perspectives of employment relations are the Unitarist, Pluralist, and Radical perspectives.
These perspectives differ in terms of their assumptions about the nature of the employment relationship and how conflicts between employers and employees can be managed.
Unitarist perspective: The unitarist perspective is based on the assumption that employers and employees share the same goals and interests, such as the success of the organization. Conflicts are seen as the result of communication or leadership issues rather than fundamental disagreements between employers and employees.
It is the role of management to communicate effectively with employees and to resolve any issues as quickly as possible. The unitarist perspective is more likely to be adopted in non-unionized workplaces.
Pluralist perspective: The pluralist perspective is based on the assumption that employers and employees have different interests and goals, and that conflicts are a natural part of the employment relationship.
Employers, employees, and unions are seen as having different sources of power and are all able to influence employment relations. The role of management is to balance these different interests and to provide a forum for discussion and negotiation. The pluralist perspective is more likely to be adopted in unionized workplaces.
Radical perspective: The radical perspective is based on the assumption that there is a fundamental conflict of interest between employers and employees. This conflict is seen as being caused by the unequal distribution of power in the employment relationship.
Unions are seen as being essential in representing the interests of workers and redressing the power imbalance. The role of management is to control and exploit workers for the benefit of shareholders. The radical perspective is more likely to be adopted by Marxist scholars and union activists.
To know more about employment relations, visit the link : https://brainly.com/question/28474047
#SPJ11
Paris Corporation has 17,000 shares of $60 par common stock outstanding. On August 2, Paris Corporation declared a 3% stock dividend to be issued October 8 to stockholders of record on September 15. The market price of the stock was $82 per share on August 2.
Journalize the entries required on August 2, September 15, and October 8. If an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required" and leave the amount boxes blank.
Aug. 2 Stock Dividends
Stock Dividends Distributable
Paid-In Capital in Excess of Par-Common Stock
Sept. 15 No entry required
No entry required
Oct. 8 Stock Dividends Distributable
Common Stock
Answer:
Date General Journal Debit Credit
Aug 2. Stock Dividend $41,820
(17,000 * 3% * $82)
Stock Dividend Distributable $30,600
(17,000 * 3% * $60)
Paid-in-Capital in Excess of Par- $11,220
Common stock
Sept. 15 No Entry required
Oct. 8 Stock Dividend Distributable $30,600
Common Stock $30,600
You are auditing the acquisition and payment cycle and the presence of excessive recurring losses on retired assets. You may conclude that: A) insured values are greater than book values. B) there are a large number of fully depreciated assets. C) depreciation charges may by insuffient. D) company has a policy of selling relatively new asset
As an auditor, if you are auditing the acquisition and payment cycle and find excessive recurring losses on retired assets, you may conclude: that depreciation charges may be insufficient. The correct option is C.
The acquisition and payment cycle is an essential cycle in an organization's financial statements. As part of the audit process, auditors review the cycle to ensure that there are no material misstatements in the financial statements.
During the audit process, auditors also pay attention to retired assets and determine whether the company has appropriately accounted for the assets. In this question, the presence of excessive recurring losses on retired assets can suggest that the company has not been appropriately accounting for depreciation charges.
It could mean that the depreciation charges the company is making are not enough to cover the assets' decline in value. In other words, the company may not have been appropriately accounting for the assets' fair value, leading to the losses.
Insufficient depreciation charges could mean that the insured values are greater than book values. It could also mean that there are a large number of fully depreciated assets or that the company has a policy of selling relatively new assets.
However, in this case, it is more likely that the company has been inadequately accounting for depreciation charges.
To know more about acquisition, refer here:
https://brainly.com/question/28318155#
#SPJ11
Complete question:
You are auditing the acquisition and payment cycle and the presence of excessive recurring losses on retired assets. You may conclude that:
A) insured values are greater than book values.
B) there are a large number of fully depreciated assets.
C) depreciation charges may by insufficient.
D) company has a policy of selling relatively new asset
Which of the following BEST describes the process of appointing a federal judge?
A.
The president appoints a nominee to a judgeship, and then both houses of Congress must confirm the nominee with a majority vote.
B.
Federal judges run in primary elections in their districts, and the president selects nominees to be confirmed by the Senate from the primary election winners.
C.
The president appoints a nominee to a judgeship, and then the Senate confirms the nominee.
D.
The president appoints federal judges to the bench, where they remain until he has them removed for making unpopular decisions in sensitive court cases.
Answer:
C
Explanation:
The president appoints a nominee to a judgeship, and then the Senate confirms the nominee.
Answer:
The Answer is C
Explanation:
Did it on edge
In
, people invest money in a company in exchange for the company’s
.
Answer:
In equity crowdfunding, people invest money in a company in exchange for the company’s shares
Explanation:
Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.
Startups and early-stage companies use this method to raise capital.