The term "supply" refers to the willingness and ability of producers to offer a good or service for sale.
Answer:
inventory = 0.125
Explanation:
It is asking us to express the inventory as a percent of sales
Th common-size statement refer to express each valeu a percent of sales:
Sales 3,340 100.000%
income 274 8.234% (274 divided by 3340 times 100)
fixed assets 2,699 80.809%
current assets 836 25.030%
Inventory 417 0.12485 (417/3,340)
the answer should be a decimal so we don't covert to percent.
An audit client hires a member of the audit engagement team to be its new controller. Sarbanes-Oxley rules require that: The new controller sever all relations with the CPA firm, including any retirement funds.
<h3>
What is the Sarbanes-Oxley act? </h3>
- The Sarbanes-Oxley Act of 2002, a federal law, was established for sweeping auditing and financial regulations for public companies.
- Lawmakers created the legislation to assist protect shareholders, employees and therefore the public from accounting errors and fraudulent financial practices. Auditors, accountants and company officers became accountable for the new set of rules.
- These rules were amendments and additions to many laws enforced by the Securities and Exchange Commission (SEC), including the Securities and Exchange Act of 1934 and therefore the Investment Advisers Act of 1940.
- The Sarbanes-Oxley Act is enforces by SEC
To learn more about Sarbanes-Oxley Act: brainly.com/question/27915345
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Answer:
Elasticity is more than One (Ed > 1): When demand is elastic, a fall in the price of a commodity results in increase in total expenditure on it. On the other hand, when price increases, total expenditure decreases. It means, in case of highly elastic demand, price and total expenditure move in the opposite directions.
Explanation:
hope it helps yoou