Answer:
productivity per labor hours: 55.55 dollars
Explanation:
productivity per hour:
total output/total hours
<u>total output:</u>
52 second quality garment x $80 each = 4,160
80 first quality garment x $198 each = 15,840
total output 4,160 + 15,840 = 20,000
<u>hours worked:</u>
8 workers at 45 hours each = 360 hours
Productivity: 20,000/360 = 55.55
each labor hour produced $55.55 dollar per labor hours
Answer:
1. Audit
2. Internal control
3. Prevention
4. Fraud triangle
5. Ethics
Explanation:
1. Audit: it involves the process of examining whether financial statements are prepared using the Generally Accepted Accounting Principles (GAAP).
2. Internal control: they are procedures set up to protect company property and equipment, ensure reliable accounting, promote efficiency, and encourage adherence to policies.
Internal controls can be defined as the policies, set of rules, and procedures implemented or put in place by an organization to protect its assets, boost efficiency, enhance financial accountability, enforce adherence to company policies and prevent fraudulent behaviors among the employees.
The main purpose of internal controls is to guarantee that loss is eliminated by ensuring that there is an accurate and reliable accounting system.
3. Prevention: it's a less expensive and more effective means to stop fraud.
4. Fraud triangle: three factors push a person to commit fraud: opportunity, pressure, and rationalization.
5. Ethics: beliefs that distinguish right from wrong.
Answer:
shifting the aggregate demand curve to the right.
Explanation:
Answer:
The value of the stock at start-up = $67.5
Explanation:
According to the dividend valuation model , the current price of a stock is the present value of the expected future dividends discounted at the required rate of return
This principle can be applied as follows:
The value of stock today is the present value of the future return discounted at the required rate of return
The return can be computed as the ROE × Book value of share
Return = 15%× 30 =4.5
Price of stock today = D× (1+g)/r-g
D= current return, g- growth rate, r-required rate of return
DATA: D= 4.5, g= 5%, r= 12%
PV = 4.5× (1.05)/(0.12-0.05)
= 67.5
The value of the stock at start-up = $67.5
Answer:
The answers are:
1) Expansionary fiscal policy: government policy that seeks to increase aggregate demand through higher government spending and/or lower taxes.
The government's deficit is increased by:
- Increasing government spending; the government will spend more money than what it collects in taxes.
- By lowering taxes; even if the government spending remains unchanged, if taxes are lowered the budget deficit will increase.
So any possible action that increases the deficit, will be considered an expansionary fiscal policy.
2) Government expansionary fiscal policy includes: D) increasing government spending, which increases the deficit.