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3 years ago

The aicpa's statements on auditing standards can be described as

1 answer:

8 0

The AICPA’s Statements on Auditing Standards is a guideline for auditors. This guideline shows what the minimal standards are in order for an auditor to perform their work correctly. These guidelines need to be followed in order to ensure accuracy and efficiency.

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The Evanec Company's next expected dividend, D1, is $3.95; its growth rate is 4%; and its common stock now sells for $37.00. New

Trava [24]

Answer:

rs=14.68%

F=15%

re=16.56%

Explanation:

using the constant growth model:

$P0=\frac{D1}{rs-g}$

where P0 is the current stock price

D1 is the dividend expected at the end of the 1st year

rs is cost of retained earnings.

Rearranging to make rs subject of the formula:

$rs=\frac{D1}{P0}+ g$

$rs=\frac{3.95}{37}+ 0.04 = 0.1468$

if Evanec issues new stock, they will only net $31.45 down from $37 per share due to floatation costs. The difference, ie $37-$31.45 = $5.55 is due to floation costs.

The percentage floatation costs (F) are $\frac{5.55}{37} = 0.15 = 15%$

alternatively, one can recognise that $37(1-F)=31.45$ and F = 15%

Cost of new common stock re is calculated as follows:

$re=\frac{D1}{P0(1-F)}+ g$

$re=\frac{3.95}{37(1-0.15)}+ 0.04 = 0.1656 = 16.56%$

6 0

3 years ago

Which of the following options are available under "Filters" in Expanded Academic ASAP?

DochEvi [55]

The answer for this question is: Only full text, peer reviewed, contains images
The filter menu in the expanded academic asap allows the user to Specify what things that they want to see with the program. This menu will hide all articles that does not meet your criteria so you could narrow your search results and increase your chance to find it

4 0

4 years ago

Amy is in school learning to be a welder. she spends long hours studying (and drinking coffee), and long hours practicing in the

vazorg [7]

For this case, the first thing you should do is define the variables of the problem.
We have then:
x: amount of soap.
y: amount of coffee.
The budgetary restriction in this case is the following inequality:
3.50x + 14y <= 70
answer:
3.50x + 14y <= 70

3 0

4 years ago

Any driver who is stopped by a law enforcement officer and found to have a breath or blood alcohol level of .08 or higher will,

son4ous [18]

The licence privilege of any driver who is stopped by a law enforcement officer and found to have a breath or blood alcohol level of .08 or higher will, at the time of arrest, will be suspended.

If the driver is under 21 and have a breath or blood alcohol level of .02 or higher will, at the time of arrest will have the driving privilege suspended for a period of 6 months.

6 0

3 years ago

Read 2 more answers

Chevrolet has decided to focus on emergent consumers in the automobile market, which includes those individuals who are graduati

dimaraw [331]

Answer:

Targeting.

Explanation:

STP marketing stands for segmentation, targeting and positioning. The STP of a company is how it decides to compete in a market, and is tailored to a business's unique situation.

Chevrolet has decided to focus on emergent consumers in the automobile market, which includes those individuals who are graduating from college and either heading off to college or the workforce.

Chevrolet is engaging in the targeting aspect of STP.

8 0

3 years ago