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1 year ago

In bobek's study of the effect of gender on decision-making of public accounting professionals, it was found that:____.

1 answer:

4 0

In Bobek's study of the effect of gender on decision-making of public accounting professionals, it was found that males were less likely than females to concede to the client's demand in an audit condition.

An accountant is a professional who carries out accounting tasks including financial statement analysis, audits, or account analysis. Accountants can establish their own practices or work for an accounting firm or a big business with an internal accounting department.

An accountant is a specialist in charge of maintaining and deciphering financial records. The majority of accountants handle a variety of financial activities for both their individual clients and the larger enterprises and organizations that hire them.

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Heinrich is a manufacturing engineer with the Miller Company. He has determined the costs of producing a new product to be as fo

dusya [7]

Answer:

It need sales figure of 22,125 units per year to break even considering their currnent contribution marign and fixed cost.

Explanation:

fixed cost per year:

equipment lease cost: 288,000

other overhead cost <u> 48,300 </u>

total fixed cost 336,300

contribution per unit:

sales revenue - variable cost

39.75 - 14.55 = 15.20

each units generates $15.20 dollar we need to save up for 336,300 dollars

break even point:

336,300 / 15.20 = 22,125 units

6 0

3 years ago

In the confirmation of accounts receivable, the auditor will most likely

crimeas [40]

Answer:

A. Request confirmation of a sample of the inactive account.

Explanation:

In the confirmation of accounts receivable, the auditor would most likely Request confirmation of a sample of the inactive accounts .

6 0

3 years ago

Foster, Inc., purchased a truck by paying $5,000 and borrowing the remaining $30,000 required to complete the transaction. Ident

neonofarm [45]

Answer: c. Foster Inc.'s assets will decrease by a net amount of $30,000.

d. The Company's liabilities will increase by $30,000.

Explanation:

From the question, Foster, Inc., bought a truck by paying $5,000 and then borrowed the remaining $30,000 that was required to complete the transaction.

Since the company borrowed $30,000, this will lead to an increase in the liability of the company by $30,000. Also, it will lead to a reduction in the net assets of the company by a net amount of $30,000

6 0

3 years ago

Using the Base Case, calculate total depreciation expense for the year 2023E. Assume that depreciation expense on assets pre-202

balu736 [363]

Answer:

b) $33,000

Explanation:

Capital Expenditure = $20,000

Salvage Value in % = 10%

Useful Life = 4 Years

Salvage Value = Salvage Value% * Capital Expenditure

Salvage Value = 10% * 20,000

Salvage Value = $2,000

Annual Depreciation = (Capital Expenditures - Salvage Value) / Useful Life

Annual Depreciation = ($20,000 - $2,000) / 4

Annual Depreciation = $18,000 / 4

Annual Depreciation = $4,500

Depreciation of 2023E = Depreciation Pre 2020E + Depreciation on capital expenditures in 2020E + Depreciation on capital expenditures in 2021E + Additional Depreciation on capital expenditures in 2022E + Additional Depreciation on capital expenditures in 2023E

Depreciation of 2023E = $15,000 + $4,500 + $4,500 + $4,500 + $4,500

Depreciation of 2023E = $33,000

7 0

2 years ago

Why is compounding interest monthly better than yearly ?

dalvyx [7]

Answer:

More interest payments on yearly computing.

Explanation:

It is generally said that if you can get monthly annual payments compared to yearly payments take it without a thought. This statement explains a lot; normally month payments are not available, but in some case they are. In annual payments, 12 months are compounded that is why it is higher rate compared to monthly. So, monthly payments are preferred

6 0

2 years ago