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3 years ago

Why should an auditor make decisions in the public interest rather than in the interest of management or current shareholders??

1 answer:

3 0

Because their duty is to the public. They're trusted to report any wrong doings they find when auditing a corporation. They have to follow government guidelines and laws that are in place.<span />

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Greg, a landscaper, is planning on opening his own landscaping company. He currently earns $50,000 per year working for his uncl

schepotkina [342]

Answer: $52,840

Explanation:

The opportunity cost are the benefits he will give up to pursue his current venture of landscaping.

= Salary from working for uncle + Interest on the Savings to be used in business + Difference in market value if he waits till the end of the year

= 50,000 + (7% * 12,000) + (12,000 - 10,000)

= $52,840

7 0

3 years ago

7. Give me your pen, please<br>

mash [69]

Okay no problem it cost 10 dollars tho

7 0

3 years ago

Deere & Company is a global manufacturer and distributor of agricultural, construction, and forestry equipment. The company

barxatty [35]

Answer:

Days in Inventory = 63 days

Explanation:

We know,

Days in Inventory = 365 days ÷ Inventory Turnover

Given,

Inventory turnover = Cost of goods sold ÷ Average Inventory

Inventory turnover = 16,936 ÷ [( $2,410 + 3,430) ÷ 2]

Inventory turnover = 16,936 ÷ (5,840 ÷ 2)

Inventory turnover = 16,936 ÷ 2,920

Inventory turnover = 5.8

Putting the values into the formula, we can get

Days in Inventory = 365 days ÷ Inventory Turnover

Days in Inventory = 365 days ÷ 5.8

Days in Inventory = 63 days

3 0

3 years ago

Managers of Wendy's fast-food restaurants keep track of prices at competitors such as McDonald's, Burger King, and Arby's, knowi

Y_Kistochka [10]

Answer:

It will affect Wendy's fast- food sales negatively.

Explanation:

Especially if the competitors have larger market share than Wendy's Fast-food. There will be a switch in consumers from Wendy's Fast-food to it's competitor, therefore reducing its sales and invariably reducing it's profit.

Therefore, Wendy's fast-food should be in tune with price fluctuation of it's competitors especially if it is a price decrease.

7 0

3 years ago

Arrange strategic planning analysis in correct order.

Allushta [10]

I would say
division planning
product planning
business planning
corporate planning

5 0

3 years ago