Answer:
annual withdrawals is $1,393.87
Explanation:
given data
Amount Deposited = $5,000
Annual Interest Rate = 7.2%
First withdrawal = 2020
last withdrawal = 2025
solution
we consider equal sized annual withdrawals = x
so we can say that Amount Deposited amount will be as
$5,000 = 
..........1
we take common here 
so
$5,000 = 
solve it we get
x = $1,393.87
so that annual withdrawals is $1,393.87
Answer:
-Auditor
Explanation:
The auditor is responsible for conducting an independent examination of the financial statements and records of the company. he or she checks whether the company follows the accounting principles, norms, etc as prescribed and according to that he or she give the qualified or unqualified report
Therefore as per the given situation, the option a is correct
Answer:
Job description.
Explanation:
A job description is an internal document that a firm draws up to describe the responsiblities of a position, the required skill, and job requirements to perform a particular job role.
When a job description is well crafted it shows clearly what is required to hire a person for a job. This will reduce discrimination lawsuits because it will show clearly why a particular candidate was disqualified from the hiring process.
For example if a candidate was disqualified for not having a bachelor's degree, it should be well stated in the job description to avoid discrimination claims.
Answer:
The correct answer is C: information to managers inside the organization
Explanation:
Management accounting is a part of accounting that regards the identification, measurement, analysis, and interpretation of accounting information to help managers in the decision-making process to efficiently manage a company’s operations. On the contrary of financial accounting, which is primarily concentrated on the correct organization and reporting of the company’s financial transactions to outsiders (e.g., investors, lenders), managerial accounting is focused on internal decision-making.
Answer:
Cost of external equity= 26.9%
Explanation
<em>According to the dividend valuation, the value of a stock is the present value of expected future dividends discounted at the required rate of return.</em>
The model can me modified to determined the cost of equity having flotation cost as follows:
Ke = D(1+r )/P(1-f) + g
Ke= Cost of equity
D- current dividend,
D(1+g) - dividend next year
p- price of stock - 31,00$
f - flotation cost - 14%
g- growth rate - 7%
Ke= 5.30/31× (1-0.14) + 0.07
= 0.2687997 × 100
= 26.9%
