Answer:
Both will save the equal amount of money at the age of 75 years
Explanation:
Given:
Amount saved by Cindy per year = $2,000
Amount saved by Bob each year = $4,000
Now,
Cindy started saving at the age of 25 and till the age of 75
thus,
The total number of years for which Cindy saved = 75 - 25 = 50 years
Therefore,
The total amount saved by the Cindy
= Amount saved each year × Total number of years
= $2,000 × 50
= $100,000
and,
Bob started saving at the age of 50 and till the age of 75
thus,
The total number of years for which Bob saved = 75 - 50 = 25 years
Therefore,
The total amount saved by the Bob
= Amount saved each year × Total number of years
= $4,000 × 25
= $100,000
Hence, Both will save the equal amount of money at the age of 75 years
I would say that the 2300 hours would be debited and for the overhead, I believe it should be 2300/9500=0.242 x $95,000=$23,000 though I don't know why it would be credited and not debited as well since it is a cost also.
Answer:
The difference between command economy's and market economy's is that a command economy the government controls what is produced and how it will be shared. and in a market economy people have more freedom and can make their own decisions.
Explanation:
Answer:
<h2>The accounting scandals of the early 2000s</h2>
led many people to question the legitimacy of:
allowing an accounting firm to do both consulting and auditing work for the same company.
Explanation:
1) Enron and WorldCom fell from grace during the scandal. And Sarbanes Oxley Act of 2002 was introduced to regulate the practise of auditing, which was before self-regulated.
2) People felt that accounting firms were getting so much revenue from consulting that they did not pay much attention to their auditing work.
3) They also felt that the consulting relationship was jeopardizing their responsibilities and commitments as independent auditors.
4) Since they were involved in consulting and offering management services, they paid a lip service to their main responsibilities and directly compromised their positions as verifiers of the truth and fairness in the presentation of financial statements.
5) According to Paul Krugman of The New York Times, “the Enron debacle is not just the story of a company that failed; it is the story of a system that failed. And the system didn’t fail through carelessness or laziness; it was corrupted.” People felt that the corruption arose from the performance of these separate services by the same auditing personnel and firm.
Answer: Bringing along a senior executive to the business negotiations
Explanation:
Regarding the question, we are told that Next Step Global is a consultation firm which specializes in the preparation of businesses for international negotiations.
The likely action Next Step Global will most likely recommend to a negotiator in order for the negotiator to have influence at the headquarters will be for the negotiator to go along with a senior executive.
Going to the headquarter with the senior executive gives the negotiator an edge and also gives him or her the needed respect. Also, during negotiation the senior executive might be of help due to the better experience the person possesses.
