Answer:
The correct answer is letter "D": Charging the stolen asset to an expense account.
Explanation:
An asset misappropriation takes place when individuals take advantage of the job position they have in order to profit from fraudulent activities. The fraud could be caused by any employee within a given organization, from high executives to any of their subordinates.
In the case, option "D" is a good example of asset misappropriation since it is being charged to an expense account a good that was stolen when that kind of account is only useful to report work-related expenses.
Answer:
$348,000
Explanation:
Opportunity cost = Market value of land + Market value of the equipment
= $209,500 + $139,000
= $348,000
Therefore, the opportunity cost to be incurred in the initial cost is $348,000. Note: $7,500 is idea for this project, so it is not an opportunity cost
The net present value of the new plant that Hawke Skateboard wants to build based on the original projections is $-226,275.04.
<h3>What is the
net present value?</h3>
Net present value is a capital budgeting method that calculates is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Cash flow in years 0 = -3,280,000
Cash flow each year from year 1 to 15 = 3,280,000- 2,903,000 = 377,000
Cash flow in year 15 = 1,640,000
I = 11%
NPV = $-226,275.04
To learn more about net present value, please check: brainly.com/question/25748668
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Answer:
The production level of Daytripper will be 2010 backpacks and the production level of Excursion will be 1185 backpacks. Thus, option C is the correct answer.
Explanation:
The production volume in July can be calculated by adding the production for July and the closing inventory in July and deducting the opening inventory in July from it.
Production level = Closing Inventory + Production - Opening Inventory
Daytripper = (2200 * 0.05) + 2000 - (2000 * 0.05)
Daytripper = 2010
Excursion = (900 * 0.05) + 1200 - (1200 * 0.05)
Excursion = 1185