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3 years ago

Which of the following is true of compliance reporting?

Business

1 answer:

Margarita [4]3 years ago

4 0

Answer:

C. Compliance reports relying on XBRL are more advanced than electronic PDFs.

Explanation:

Compliance reporting is a document compiled by often by the chief compliance officer that shows how a company is complying with the set rules, standards or regulations, examples of compliance report may be financial, technical, operational, and cybersecurity reports.

Compliance report relying on XBRL are more advanced than electronic PDFs because it gives easy access to communicate between businesses, it is also reliable and reusable means of information sharing.

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Special Plc has an issued share capital at 1 January 2019 of 1,000,000 ordinary shares of 20p each and 50,000 convertible prefer

coldgirl [10]

Answer:

A. £4.15

B.£4

Explanation:

A. Calculation for the diluted EPS for 2019

Using this formula

2019 Diluted EPS =(Earnings after tax for the year ended-Preferred Dividends)/Total Diluted Shares Outstanding

Let plug in the formula

2019 Diluted EPS=[£5,000,000-(£2.50 per share*50,000)/£1,000,000+ (£250,000*500/£1,000)+(50,000*£1)]

2019 Diluted EPS=[£5,000,000-(£2.50 per share*50,000)/£1,000,000+ (£250,000*0.5)+(50,000*£1)]

2019 Diluted EPS=[(£5,000,000-£125,000)/(£1,000,000+£125,000+£50,000)]

2019 Diluted EPS=£4,875,000/£1,175,000

2019 Diluted EPS=£4.15

Therefore 2019 Diluted EPS (Earning per share) will be £4.15

B. Calculation for the diluted EPS assuming that the convertible preference shares were receiving a dividend of £6 per share instead of £2.50.

Diluted EPS=[£5,000,000-(£6 per share*50,000)/£1,000,000+ (£250,000*500/£1,000)+(50,000*£1)]

Diluted EPS=[£5,000,000-(£6 per share*50,000)/£1,000,000+ (£250,000*0.5)+(50,000*£1)]

Diluted EPS=[(£5,000,000-£300,000)/(£1,000,000+£125,000+£50,000)]

Diluted EPS=£4,700,000/£1,175,000

Diluted EPS=£4

Therefore the Diluted EPS (Earning per share) will be £4

6 0

3 years ago

A customer has requested that Inga Corporation fill a special order for 3,000 units of product K81 for $30 a unit. While the pro

KatRina [158]

Answer:

B. $31,300

Explanation:

Sales $90,000

Less: Variable Cost $44,700

Less: Additional Fixed Cost $14,000

Increase in Operating Income $31,300

Workings:

Sales= 3,000 unit * $30

Sales= 90,000

Variable cost = 3,000 unit * (5.4 + 6 + 2.5 +1)

Variable cost = 3,000 * 14.9

Variable cost = $44,700

4 0

3 years ago

This year, International Accountants, Inc. implemented a new benefits system that gives employees the flexibility to choose amon

Ymorist [56]

Answer:

The correct answer is b) cafeteria-style benefits plan.

Explanation:

A cafeteria plan is a type of employee benefit plan offered in the United States in accordance with Section 125 of the Internal Revenue Code. Its name comes from the first plans that allowed employees to choose between different types of benefits, similar to a client's ability to choose from items available in a cafeteria. Qualified cafeteria plans are excluded from gross income.

3 0

3 years ago

When Adam Smith coined the term "invisible hand," he was referring to

Firlakuza [10]

The Market

I searched the subject and found a few credible websites all with the same answer. Hope this helped.

3 0

3 years ago

Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company's recor

scZoUnD [109]

Answer:

Carmen Camry

Income Statement for August 31

Consulting fees earned 27,000

Less Expenses :

Rent expense (9,550)

Salaries expense (5,600)

Telephone expense (860)

Miscellaneous expenses (520)

Net Income / (Loss) 10,470

Explanation:

Income Statement shows the Incomes and expenses for the business for the specific period of operation.

4 0

3 years ago