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1 year ago

What alternatives are available to brent in regards to the audit of payables? what are the pros and cons of each alternative?

1 answer:

3 0

Brent may refuse to work overtime - Pros: Brent mends a strained relationship with his wife and remains morally right by not reporting abusive working hours during his engagement.

Cons: Brent's This could cause the engagement to go over budget, make John look bad, and possibly cost him a promotion to management. Brent may also receive fewer positive reviews from John after his engagement ends.

This could hinder Brent from future promotions in his company, impacting his income and...showing more content.

Advertising refers to any kind of marketing communication used to educate an audience about the relative merits of a product, service, brand, or issue, and is usually persuasive in nature.

This helps marketers create a unique place in the customer's mind. This is either a cognitive or an emotional way.

learn more about promotions here; brainly.com/question/14457086

#SPJ4

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If sixty $1,000 convertible bonds with a carrying value of $70,000 are converted into 9,000 shares of $5 par value common stock,

Vinvika [58]

Answer:

Explanation:

The journal entry is shown below:

Bonds payable A/c Dr $60,000

Premium on bonds payable A/c Dr $10,000

To Common stock A/c $45,000

To Paid in capital in excess of par A/c $25,000

(Being the conversion of bonds is recorded)

The computation is shown below:

For bonds payable

= sixty $1,000 convertible bonds

That means

= 60 × $1,000

= $60,000

For Premium on bonds payable:

= $70,000 - $60,000

= $10,000

For Common stock:

= 9,000 shares × $5

= $45,000

And, the remaining balance is credited to paid in capital in excess of par

6 0

4 years ago

What must be the first cost of Alternative B to make the two alternatives equally attractive economically at an interest rate of

Gelneren [198K]

Answer:

The answer is "21,622.98".

Explanation:

In the given question some information is missing, which can be defined in the given attachment.

To calculate the first cost we first subtract B cost is to X.

NPV = Cash Flow of the sum of PV amount

$PV = \frac{Flow of cash} {(1+i)^n} \\\\ \ Calculating \ the \ NPV \ of \ option \ A: \\\\$

$= \frac{-16600}{(1 + 0.08)^0}-\frac{2400}{(1 + 0.08)^1}-\frac{2400}{(1 + 0.08)^2} -\frac{2400}{(1 + 0.08)^3}-\frac{2400}{(1 + 0.08)^4}$

$= \frac{-16600}{1}-\frac{2400}{1.08}-\frac{2400}{1.16}-\frac{2400}{1.25}-\frac{2400}{1.36}$

$=-16600-2222.22-2068.96-1920-1764.70\\\\=-24,575.88$

The value of Option A or NPV = -24,575.88

The value of Option B or NPV:

$=-\frac{X}{(1 + 0.80)^0}-\frac{1000}{(1 + 0.08)^1} -\frac{1000}{(1 + 0.08)^2}-\frac{1000}{(1 + 0.08)^3}-\frac{1000}{(1 + 0.08)^4} \\\\ =-\frac{X}{(1.80)^0}-\frac{1000}{(1.08)^1} -\frac{1000}{(1.08)^2}-\frac{1000}{(1.08)^3}-\frac{1000}{(1.08)^4}$

$= -\frac{X}{1}-\frac{1000}{1.08}-\frac{1000}{1.16}-\frac{1000}{1.25}-\frac{1000}{1.36}\\\\= -X -555.55-862.06-800-735.29\\\\=-X -2952.9$

The value of Option B or NPV = -X -2952.9

As demanded

In Option B the value of NPV = In Option A the value of NPV

$-X -2952.9= -24,575.88\\\\-X= -21,622.98\\\\X=21,622.98\\$

7 0

4 years ago

Beasley, Inc., reports the following amounts in its December 31, 2021, income statement. Sales revenue $ 350,000 Income tax expe

lisov135 [29]

Answer and Explanation:

The preparation of the multiple-step income statement is presented below:

Beasley, Inc.

Multiple-step income statement

December 31, 2021

Sales revenue $350,000

Less: Cost of goods sold -$125,000

Gross profit $225,000

Less: Operating expenses

Salaries expense -$37,000

Advertising expense -$23,000

Utilities expense -$43,000

Operating income $122,000

Less: interest expense -$12,000

Income before income tax $110,000

Less: income tax expense -$39,000

Net income $71,000

We simply deduct all the expenses from the sales revenue so that the net income could arrive

7 0

3 years ago

Lightfoot Company sells its product for $55 per unit and has variable costs of $30 per unit. Total fixed costs are $25,000. Supp

soldi70 [24.7K]

Answer:

The Break-even point in units will increase by 250 units.

Explanation:

Giving the following information:

Fixed costs= $25,000

Selling price= $55

Unitary varaible cost= $30

First, we need to calculate the current break-even point in units:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 25,000 / 25

Break-even point in units= 1,000

Now, the new Break-even point in units:

Break-even point in units= 25,000 / (55 - 35)

Break-even point in units= 1,250

The Break-even point in units will increase by 250 units.

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3 years ago

The standard deviation of a portfolio: Multiple Choice is a measure of that portfolio's systematic risk. is a weighted average o

Illusion [34]

Answer:

sorry i forgot

Explanation:

8 0

3 years ago