Answer:
False
Explanation:
You just split everything 50-50
Answer:
The correct answer is letter "C": Confirmation of cash should only be performed as of the balance statement date because the auditor expresses an opinion as of that date.
Explanation:
Confirmation of cash is an audit procedure in which specialists request the company to get in touch with its banker to verify the organization's balance. The procedure is not based only on the balance statement but according to the transactions the company has carried out regardless of the date.
Answer:
To evaluate the choice, we have to calculate the present value of future cash flows and compare it with the cost. We use the following formula
present value = C × [ 
]
where
C = yearly payments = 75000
i = interest rate = 8%
n = no. of years = 15
put the given values in above equation, we get
Present value = 75000 ×8.559478688
= 641,961
Since the present value of cash flow 641,961 is less than the cost 750,000, I would not recommend it.
If Interest rate = 5%, then:
Do the same procedure as above but take i=5%
Present value = 75000 × 10.37965804
= 778,474
Since the present value of future cash flows 778,474 is greater than the cost 750,000, I would recommend it.
The pharmaceutical example whereby the high-risk, high-return strategy is employed would be characterized by: d. related diversification.
<h3>What is Related Diversification?</h3>
Related diversification can be described as a scenario whereby a firm ventures into a new industry in which there are similarities in the business lines of the new and old industry.
In most cases, related diversification, is a strategy where the existing products and services have much similarity with the new ones that are being developed.
Therefore, the pharmaceutical example whereby the high-risk, high-return strategy is employed would be characterized by: d. related diversification.
Learn more about related diversification on:
brainly.com/question/417234
Answer:
8000$
Explanation:
The Income Statement is one of an organization's centre budget summaries that show their benefit and losses. Revidup should report 8000$ as a cost on its income statement. The expense of the sum sold must be accounted for in the income statement whether the payment is in advance or if the amount of money is made later. The reason to report 8000$ is that, it is the cost of the amount sold and it is compulsory to report it as an expense in income statement.
