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Semmy [17]
3 years ago
14

How many airports are privatised in USA?

Business
1 answer:
Alina [70]3 years ago
3 0
11 airports are privatised in the USA
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A source can either be primary or secondary. True or false
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True, Is the correct answer.
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Recommend financial reporting and auditing-related reforms that would likely be effective in preventing or detecting frauds simi
abruzzese [7]

Answer:

The answer is stated below:

Explanation:

If the SEC and the AICPA, worked altogether in order to share the information, they might have detected the fraud prior. The case states that the Madoff Securities does not required to submit the peer review program to AICPA as Friehling, had recorded that he did not perform or conduct any audits.

Recommendation

1. The policy execution for the exchange of the information among the two firms would be useful to detect the fraud.

2. The PCAOB should spend more resources an attending the hotline of whistle blowing through executing the policies which need certain complaints to be addressed effectively.

3. The firms or company should have done more in order to verify the financial statements assertions, which surrounds the investments. The PCAOB need to execute the policy that require the companies (such as Madoff Securities) to correctly answer the inquiries of the auditor.

6 0
3 years ago
MC Qu. 22 Selected information from the accounting... Selected information from the accounting records of Dunn's Auto Dealers is
dlinn [17]

Answer:

($23,000)

Explanation:

Cash flow from Investing Activities

Purchase of furniture                                       ($ 8,000)

Proceeds from sale of Equipment                    $5,000

Investment in other companies                     ($20,000)

Net Cash used by  Investing Activities          ($23,000)

Notes :

Cash flow from Investing activities section of the cash flows statement shows the cash movement in acquisition of assets and sale of assets.

4 0
3 years ago
Demand is the __________ and __________ to buy a given good or service. a. passion . . . desire b. willingness . . . ability c.
Aleks04 [339]

Answer:

I think the answer is C need .... opportunity

6 0
1 year ago
Winslow Inc. manufactures and sells three types of shoes. The income statements prepared under the absorption costing method for
pentagon [3]

Answer:

Winslow Inc.

a. I do not agree with management's decision and conclusions.  Before the elimination of the Running Shoes Department, the company recorded a total net profit of $7,900.  After the elimination, the company recorded a total net loss of $112,600.

b. Variable Costing Income Statement for the three products:

Winslow Inc. Product Income Statements—Variable Costing For the Year Ended December 31, 20Y1

1                                   Cross Training   Golf Shoes   Running

                                             Shoes                             Shoes

2. Revenues                      $850,000  $700,000   $635,000

3. Variable Costs:

Cost of goods sold             284,500     248,400     298,500

Selling & admin. expenses 293,100      175,500      216,000

Total variable costs            577,600     423,900      514,500

4. Contribution margin    $272,400    $276,100   $120,500

5. Fixed Costs:

Cost of goods sold            128,500        90,300     120,500

Selling and admin. exp.      95,900        82,400     143,500

Total fixed costs               224,400       172,700    264,000

6. Income (Loss) from

operations                       $48,000    $103,400  ($143,500)    $7,900

c. The impact of eliminating the running shoe line is the increase of the net operating loss from a net profit of $7,900 to $112, 600.

Explanation:

a) Data and Calculations:

Winslow Inc. Product Income Statements—Absorption Costing For the Year Ended December 31, 20Y1

1                                       Cross Training   Golf Shoes   Running

                                             Shoes                                  Shoes

2. Revenues                    $850,000.00 $700,000.00 $635,000.00

3. Cost of goods sold        413,000.00    338,700.00     419,000.00

4. Gross profit                 $437,000.00  $361,300.00   $216,000.00

5. Selling and

administrative expenses 389,000.00  257,900.00     359,500.00

6. Income (Loss) from

operations                       $48,000.00 $103,400.00  ($143,500.00)

1                                 Cross Training   Golf Shoes   Running

                                             Shoes                             Shoes

2. Revenues                    $850,000   $700,000   $635,000

3. Cost of goods sold

Variable cost                      284,500     248,400     298,500

Fixed cost                           128,500       90,300      120,500

Total cost of goods sold    413,000     338,700       419,000

4. Gross profit                 $437,000   $361,300     $216,000

5. Selling and

administrative expenses

Variable cost                      293,100     175,500       216,000

Fixed cost                            95,900      82,400       143,500

Total selling & admin.       389,000    257,900      359,500

6. Income (Loss) from

operations                       $48,000   $103,400    ($143,500)     $7,900

Elimination of the Running Shoes Department:

1                                 Cross Training   Golf Shoes   Total

                                             Shoes                        

2. Revenues                    $850,000   $700,000   $1,550,000

3. Cost of goods sold

Variable cost                      284,500     248,400       532,900

Fixed cost                           128,500       90,300        339,300

Total cost of goods sold    413,000     338,700        872,200

4. Gross profit                 $437,000   $361,300      $677,800

5. Selling and

administrative expenses

Variable cost                      293,100     175,500       468,600

Fixed cost                            95,900      82,400        321,800

Total selling & admin.       389,000    257,900       790,400

6. Income (Loss) from

operations                       $48,000   $103,400     ($112,600)

8 0
3 years ago
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