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ArbitrLikvidat [17]
3 years ago
10

The auditors do not believe that certain lease obligations have been reflected in conformity with generally accepted accounting

principles in the client’s financial statements.
Business
1 answer:
ANEK [815]3 years ago
7 0
This is  not a question.
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Sommer, Inc., is considering a project that will result in initial aftertax cash savings of $1.79 million at the end of the firs
iren [92.7K]

Answer:

Maximum initial cost would be $58,116,883.12

Explanation:

1,790,000 increased at 3%

WACC = K_e(\frac{E}{E+D}) + K_d(1-t)(\frac{D}{E+D})

Ke 0.119 + 0.02 = 0.139

ER 0.15

Kd(after-tax) Kd(1-t) = 0.047

DR 0.85

WACC = 0.139(0.15) + 0.047(.85)

WACC 0.06080

Now that we have the rate, we calculate the present value using the gordon method

1,790,000 / (0.06080-0.03) = 58,116,883.12

4 0
3 years ago
1.1.2 Explain how entrepreneurs in your community used creative thinking to generate entrepreneurial opportunities ​
expeople1 [14]

One of the things that every leader and businessperson needs is creativity. The boundaries of an investor's thinking and skill set are removed through creativity. As a result, entrepreneurship and creativity go together perfectly.

Entrepreneurship requires enthusiasm, willpower, tenacity, and the capacity for innovation. Running a small or medium-sized business requires a lot of courage and a little bit of madness. However, creativity should be the most significant quality.

Thinking creatively is a strategy for bringing a new perspective to issues and circumstances. It is frequently referred to as "thinking outside the box" and revolves around ignoring the more conventional, orthodox, and practical approach in favor of coming up with creative solutions to issues.

Making connections between people, products, and concepts that no one has ever made before is another example of creative thinking. It can also involve recognizing patterns where others might not be able to.

To know more about Entrepreneurship refer:

brainly.com/question/2431287

#SPJ9

7 0
2 years ago
The service sector has lower productivity improvements than the manufacturing sector because: the service sector uses less skill
ser-zykov [4K]

Answer:

The correct answer is letter "C": services usually are labor-intensive.

Explanation:

A labor-intensive industry requires large amounts of human labor to make its goods or services. In labor-intensive industries, labor costs are more important than capital costs. Technological advances have rendered fewer industries labor-intensive but many remain including <em>hospitality, agriculture, </em>and <em>mining industries</em>.

5 0
3 years ago
An advantage of a sole proprietorship is that
Mandarinka [93]
<span>An advantage of a sole proprietorship is that the owner can make business decisions quickly.</span>
7 0
3 years ago
An investment project costs $10,000 and has annual cash flows of $2,830 for six years. a. What is the discounted payback period
Tanya [424]

Answer:

The payback period is 3.53 years.

Explanation:

The cost of investment project = $10000

The annual cash flows = $2830

Time period = 6 years

Since cost of project, annual cash flow and time period is given so we are required to calculate the discounted payback period when there is 0 % discount rate.

Payback period = Initial project cost / annual cash flow

= 10000 / 2830

=3.5335

= 3.53 years

3 0
3 years ago
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