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3 years ago

Identify the usual order of net worth calculations used to determine stolen funds.

Business

1 answer:

Orlov [11]3 years ago

3 0

Answer:

d. Find net worth, find the net worth increase, find income, find the funds from unknown sources

Explanation:

Base on the scenario been described in the question, steps or other use to determine funds which are stolen is find net worth, find the net worth increase, find income, find the funds from unknown sources. By doing this in other or this precise step, one can identify founds that are stolen.

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What are the two methods used to translate financial statements and how does the functional currency play a role in determining

laiz [17]

Answer:

The two methods of translating financial statements are the current rate method/closing rate method and the temporal method

Explanation:

Functional currency simply means the main currency used by a business. it could also be defined as the primary currency used in the economic environment in which a business operates as in where it generates most of its cash and also spends it

Functional currency determines to a large extent the method used in translation of financial statements. When there is no difference between local currency and foreign currency, current rate method is used and vice versa for temporal rate method

please find attached from Advanced Accounting

Hoyle, J., Schaefer, T., & Doupnik, T. (2015)

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3 years ago

Sam, an engineer, supervises the construction of a new bridge. When the bridge collapses due to faulty construction, Sam is sued

aleksandr82 [10.1K]

Answer: Other Engineers.

Explanation:

Sam is held responsible for the bridge collapse based on his role as the engineer in charge of the project. As an engineer care has to be taken in making accurate calculations and design to ensure there are no accidents or failure as a result of poor design.

3 0

3 years ago

During 2020, Morefield Building Company constructed various assets at a total cost of $14,700,000. The weighted average accumula

nikdorinn [45]

Answer:

1. $1,015,000

2. $1,015,000

Explanation:

1. Computation for the Avoidable interest.

First step is to Compute the weighted average interest rate:

Principal Interest

12% ten-year bonds$ 7,000,000 $840,000

9% 3-year note $3,500,000 $315,000

Total $10,500,000 $1,155,000

Weighted average interest rate = $1,155,000 ÷ $10,500,000

Weighted average interest rate= 11%

Now let compute the Avoidable Interest

Weighted Average Accumulated Expenditures *Applicable interest rate = AVOIDABLE INTEREST

$6,300,000 *.10 = $630,000

$3,500,000 *.11= $385,000

Total $9,800,000 $1,015,000

Therefore the Avoidable Interest is $1,015,000

2. Computation for Total interest to be capitalized during 2020

2020 Actual interest cost

Construction note $6,300,000 × .10 =$630,000

12% ten-year bonds, $7,000,000 × .12 =$840,000

9% three-year note, $3,500,000 × .09=$315,000

Total $1,785,000

Therefore Total interest to be capitalized during 2020 will be $1,015,000 which is the LESSER of

$1,785,000

8 0

2 years ago

Logging and fishing are two occupations belonging to which economic sector?

alukav5142 [94]

Logging and fishing are two occupations belonging to the primary economic sector.

The primary economic sector refers to jobs that are harvesting products from the earth for materials and food. Hunting, farming and mining are some other examples of primary economic sector positions.

7 0

3 years ago

Select the correct answer. Rebecca is organizing training programs for her company’s employees. How should she determine the rig

rodikova [14]

Answer:

D. determine any gaps between the skill sets of an employee and the level of skills required for the job position

8 0

3 years ago