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4 years ago

It is the end of the year but not the end of the pay period. How will this affect the balance sheet?

Business

2 answers:

Nataliya [291]4 years ago

8 0

Answer:

This has no effect on the period-end balance sheet.

Explanation:

A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.

According to the question asked the balanced sheet was prepared before the pay period came so this effect will not affect the balance sheet.

Nataliya [291]4 years ago

6 0

Answer:

its liabilities will be increased because i took the test and the other 3 options were wrong.

Explanation:

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She has negotiated a sales price of $24,145 and she has a $4,000 down payment. She is eligible for the full $750 cash rebate. He

kirill [66]

Answer:

The best overall price will be the bank offer because the cash disbursement are lower. Zara is looking for the cheapest overall price, which means the less cash disbursement regardless of the interest.

Explanation:

For the dealer option we need to calculate the cuota for an annuity of 66 month at 1.9% rate which a present value of 24,145 - 4,000 = 20,145

$C * \frac{1-(1+r/12)^{-time} }{rate} = PV\\$

$C * \frac{1-(1+0.019/12)^{-66} }{0.019/12} = 20,145\\$

The cuota for the dealer will be 321.69447 = 321.69

321.69 x 66 = 21231.54 overall cash price

Bank couta will be the annuity of 48 months at 3.50%

here we are using the cash rebate so 24,145 - 4,000 - 750 = 19,395

$C * \frac{1-(1+0.035/12)^{-48} }{0.035/12} = 19,395\\$

Cuota from the Bank 431.01181 = 431.01

431.01 x 48 = 20688.48 overall cash price

7 0

3 years ago

Charlie's Pizza orders all of its pepperoni, olives, anchovies, and mozzarella cheese to be shipped directly from Italy. An Amer

coldgirl [10]

Answer:

957 pounds of pepperoni

Explanation:

In this problem, orders (T) are being taken every 5 weeks while the delivery (L) is approximately 4 weeks. Given a probability of 98 %, we can estimate that the area [F(z)] under the ' z' left side of the normal distribution curve is 0.98. Therefore,

0.98 - 0.50 = 0.48, using the standard normal table, for an area of 0.48, the value is 2.055. Thus, the pounds pepperoni (Q) that will be ordered:

Q = 130(5+4) + 2.055(120) - 460 = 1170 + 246.6 - 460 = 956.6

Approximately 957 pounds of pepperoni.

6 0

3 years ago

How does the aggregate-demand curve shift when increased uncertainty and pessimism about the future of the economy lead firms to

joja [24]

Answer:

The correct answer is C) The curve shifts to the left because if firms invest less, they will produce less goods and services, that is to say, the will produce less ouput, which will cause a shift of the aggregate demand to left, because the Y axis of the AD Curve represents output.

4 0

4 years ago

Describe the six-step process of conducting an ethics audit in detail.

noname [10]

Answer: 1. Requesting Financial Documents.

2. Preparing an Audit Plan.

3. Scheduling an Open Meeting.

4. Conducting Onsite Fieldwork.

5. Drafting a Report.

6. Setting Up a Closing Meeting.

Explanation:

1. Requesting Financial Documents

the organisation should be notified about an upcoming audit, with the auditor requesting for documents listed on his audit checklist. This documents usually include copies of previous audit report carried out, bank statements, reciepts and ledgers.

2. Preparing an Audit Plan

the auditor uses the information contained in the documents provided for him to plan or map out how the audit would be conducted.

3. Scheduling an Open Meeting

the auditor is invited to a meeting with the admintrative staffs, and senior management to present his scope of the audit. This helps determine the time interval for the audit.

4. Conducting Onsite Fieldwork

the auditor uses information gotten from the open meeting to finalize or conclude his audit plans. After which a field work is conducted.

5. Drafting a Report

the auditor prepares a report show full details of his findings of the audit conducted.

6. Setting Up a Closing Meeting

the clos meeting helps the auditor get a feedback from the managemen, whinch indicates the managements approval or disapproval with problems presented in the audit report.

5 0

3 years ago

A document in an auditor's working papers includes the following statement: "Our audit is subject to the inherent risk that mate

Y_Kistochka [10]

Answer: Option (2)

Explanation:

Engagement letter is referred to as an or known as an agreement for the services firm in order to provide the services to the client. This letter is known to be essentially an abbreviated agreement which defines services that are to be performed and also amount of the compensation that is to be paid. These letters are mostly required by the service firms that are engaged in the audit, tax, consulting, finance and legal advice.

7 0

4 years ago