Answer:
Auditor
Explanation:
If an interviewer has suspicions of fraud, the interviewer may call on a fraud AUDITOR to assess the situation.
This is because a FRAUD AUDITOR is a type of auditor who based on his experience and background, works as a professional in the gathering of verifiable evidence in terms of fraud and eventually serves as an expert witness during the legal proceeding of such cases.
Answer:
Following are the differences between monopolistically competetive market and perfectly competetive market.
Explanation:
Overall the profit ratio for the sellers is higher in monopolistically competitive market and low in a perfectively competitive market. In monopolistically competitive market, sellers charge a price higher than marginal cost, whereas, in a perfectly competitive market, the sellers charge a price equal to the marginal cost. In long-Run, the main difference between the competitive market and the monopolistic market is the excess capacity. It is the difference between the efficient level of output and profit-maximizing level of output.
<span>The accounting cost of running the smoothing stand for the summer is $13,135.90. To find this, we must first figure out which numbers given in the problem are relevant. Since we are dealing with accounting cost (and not economic cost), we know that we can ignore the opportunity cost ($2865 in foregone wages). We also can ignore the price of the smoothies since we do not need to compute revenue in order to determine accounting cost. Thus, the relevant numbers are $8130 for the lease, $2239 for insurance, the per unit cost of $2.3, and the total quantity of 1203. To find the accounting cost, we simply need to add our fixed costs and our variable costs. The fixed costs are given as $8130 and $2239. FC=8130+2239=$10369. Our variable cost, VC=2.3q, and we are told q=1203. Thus VC=2.3(1203)=$2766.90.
To find our Total accounting costs, simply add fixed costs plus variable costs. FC+VC=2766.90+10369=$13135.90.</span>
Answer: Required return = 15%
Explanation:
Current Price using the constant-growth DDM is;
Current Price = Expected dividend / ( Required return - growth rate)
This can therefore be used to calculate the required return.
Growth rate = Return on Equity * Retention ratio
= 15% * ( 1 - payout ratio )
= 15% * (1 - 40%)
= 15% * 60%
= 9%
Expected dividend = Earnings per share * Payout ratio
= 3 * 40%
= $1.20
Using the formula;
Current Price = Expected dividend / ( Required return - growth rate)
20 = 1.20 / (Required return - 9%)
20 * (Required return - 9%) = 1.20
Required return - 9% = 1.20 / 20
Required return = (1.20 / 20) + 9%
Required return = 15%
