<span>Ricardo can most likely recover the cost of his injury from oxley in a suit based on the tort theory of outrage. This theory is also called the
Intentional infliction of emotional distress (IIED). It is a common law tort which allows individuals to recover for severe emotional distress caused by another individual that intentionally or recklessly inflicted emotional distress by behaving in an extreme and outrageous way.</span>
Answer:
$47,200
Explanation:
Given that,
Sales in May = $40,000
Sales in June = $52,000
Cash sales = 60% of total sales
Credit sales = 40% of total sales (it will be paid in the month following the sale)
Cash sales for June:
= Budgeted sales - Ending accounts receivable
= $52,000 - (40% of $52,000)
= $52,000 - $20,800
= $31,200
Total Budgeted cash receipts for June:
= Cash sales for June + Collection of last months receivables(May credit sales)
= $31,200 + (40% of $40,000)
= $31,200 + $16,000
= $47,200
Explanation:
December 31, 2016: To record accrued wages for one day (10 workers × $145) = $1,450.
January 4, 2017: To record accrued and current wages.
Wages expense = 10 workers × 3 days × $145 = $4,350
Cash = 10 workers × 4 days × $145 = $5,800.
See attached photo.
Answer: The answer is c) 36 percent
Explanation:
Answer:
C. A discipline that enhances the degree of confidence that users can place in financial statements.
Explanation:
Independent auditing includes the process of auditing by an independent auditor. It involves the process of analyzing and examining the financial transactions and records. The company's accounts, the business records, the transactions are all monitored and audited so as to avoid any unprecedented act. It do not indulge any means of profit in the whole process. Independent auditing is adopted by the shareholders in order to protect from any sort of frauds or unacceptable claims made in terms of financial records.