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scZoUnD [109]
4 years ago
7

Benji works for a private firm that has been contracted to examine the books of accounts of the sanborn corporation. after she h

as checked the figures and examined the company's accounting methods, she is required to prepare a report on her findings. the work that benji is tasked with is characteristic of a(n) _____.
Business
1 answer:
Lorico [155]4 years ago
5 0
I would say that the work that Benji conducted on the books of the Sanborn Corporation would be classified as a financial audit because she checked their figures, examined their accounting procedures and prepared a report so this would qualify as an audit. 
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Clemeson Corporation, which has only one product, has provided the following data concerning its most recent month of operations
blsea [12.9K]

Answer:

$149,600

Explanation:

Variable cost per unit = 36+57+3+5 =  

Variable cost per unit = $101

Contribution margin per unit = 145 - 101

Contribution margin per unit = $44 per unit

Total contribution margin = 3,400 * $44

Total contribution margin = $149,600

8 0
4 years ago
The difference between a merger and an acquisition is that:______________.
malfutka [58]

Answer: A merger involves one company purchasing the assets of another company with cash, whereas an acquisition involves a company acquiring another company by buying all of the shares of its common stock.

3 0
3 years ago
For each of the annual inflation rates given in the following table, first determine the new price of a movie ticket, assuming i
Mazyrski [523]

Answer:

  see below

Explanation:

The balance in Lucia's account is 1.05 times the original deposit, reflecting addition of 5% interest for the year.

The ticket price is the original price multiplied by (1 + inflation rate). The number of tickets that Lucia can purchase is the account balance divided by the ticket price. The quotient is rounded down to the nearest integer.

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6 0
3 years ago
1. The discount rate is the:________. a. lowest interest rate that banks can charge for loans to their most creditworthy custome
Nutka1998 [239]

Answer(1)

<em>b. interest rate at which banks can borrow reserves from the Federal Reserve</em>

Explanation:

The discount rate is known in America as the rate of interest which a central bank charges on its loans and advances to a commercial bank. This loans and advances are from the federal reserve.

Answer (2)

<em>a. more reserves, causing an increase in lending and the money supply</em>

Explanation:

Excess lending from the national reserve due to a lowered discount rate  will lead to a reserve supply excess into commercial banks throughout the economy and expands the money supply .

3 0
3 years ago
Eneri Company's inventory records show the following data: Units Unit Cost Inventory, January 1 10000 $9.20 Purchases: June 18 9
Gre4nikov [31]

Answer:

$206,000

Explanation:

Beginning inventory                         10,000*9.2       $92,000

Purchases during the month       (9000*8+ 6000*7) $114,000

Cost of Goods available for sale                                   $206,000

3 0
3 years ago
Read 2 more answers
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