Answer:
See below
Explanation:
With regards to the above information, the contribution margin is computed as seen below.
Contribution margin per composite unit = Selling price per composite unit - Variable cost per composite unit
= $150 - $50
= $100
Hence, the contribution margin per composite unit is $100
The answer is D. Total assets decreasing since they're depreciated. But total expenses will increase for sure in order to replace the depreciated equipment.
Answer:
Holding additional capital will help avoid failure in the future by reducing solvency risk. During the 2007-2009 crisis, the market value of many assets held by banks was downgraded to garbage and became practically worthless. At the point the government had to intervene (with TARP) to save banks from collapsing.
Instead of cash, banks had huge reserves of financial assets that were worthless, which meant that they had very little to pay their clients when they would try get their money out. The only way to reduce the solvency risk (bank not being able to meet cash obligations) is to hold more cash and increase capital.
Common corroborating procedures include examination of supporting evidence, inquiries of independent persons, and evaluating evidence obtained from other auditing procedures.
<h3>What is
evidence ?</h3>
- Evidence refers something that can be used to prove something.
- For example, the evidence presented at the trial, or the trail of breadcrumbs following Hansel's trail through the woods.
- Evidence is an item presented by a party to make the auditing of a fact more or less likely.
- Evidence may take the form of testimony, documents, photographs, videos, audio recordings, DNA tests, or other physical objects.
- There are two types of evidence for auditing . direct evidence and circumstantial evidence testimonies.
- This is one of the most common forms of evidence given orally or in writing by a witness under oath.
- It can be obtained in court, by affidavit, or by affidavit.
To learn more about evidence from the given link :
brainly.com/question/14370298
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