Answer:
<em><u>Segregation</u></em><em><u> </u></em><em><u>of </u></em><em><u>duties</u></em><em><u> </u></em>
Explanation:
<em>Segregation of duties</em><em> </em><em>-</em><em> </em><em>implementing</em><em> </em> control <em>procedure to </em><em>clear</em><em>l</em><em>y </em><em>divide</em><em> </em><em>authority </em><em>and </em><em>responsibility</em><em> </em><em>within</em><em> </em><em>the </em><em>information</em><em> </em><em>system </em><em>function</em><em>.</em><em> </em>
Answer:
The correct answer is C. A pure monopolist.
Explanation:
The pure monopoly arises when there is a total absence of competition, due to independent entry barriers to the company's competitive capacity.
A single company offers a product that has homogeneous characteristics, which has no substitutes and for that reason has a large number of buyers. There are also economic, technological or legal barriers that prevent the entry of potential competitors. That is, there are barriers to entry.
Answer:
Option (b) is correct.
Explanation:
Interest refers to the amount of money that a lender can earn on giving the loans to the borrowers. Borrower is a person who is liable to pay the interest on the borrowing amount.
Normally, a person is borrowing money or funds from the lender for making investment in a certain types of capital goods.
Interest rate refers to the rate at which lender lends its loanable funds to the borrowers.
Answer:
Explanation:
You need to calculate the value of 8 × 12 = 96 different cash flows.
There is not a formula to calculate that, because the<em> $6 dollar increase</em> does not represent growing with a constant rate.
The monthly payments are:
Month payment ($)
0 (today) 300
1 306
2 312
3 318
n 306 + 6 (n-1)
96 (last) 876
Then you must create a spreadsheet with these features:
- Five columns
- First column is the month, and starts with month 0 (today)
- Second column is the initial balance, the first balance is 0
- Third column is the interest: it is calculated as the monthly interest by the initial balance. The monthly interest is 6%/12 = 0.06/12 = 0.005
- Fourth column is the amount deposited: for month zero it is $300, and every month you add $6.
- Fith column is the final balance: it is the sum of the initial balance (second column) + interest (third column) + deposit (fourth colum)
- 96 rows: 8 years × 12months/year = 96 months.
- The initial balance of each row is equal to the final balance of the previous row.
Here a sample of the first three rows:
Month Initial balance Interest Deposit Final balance
0 0 0 300 300
1 300 300×0.005 = 1.5 306 607.5
2 607.5 607.5×0.005 312 922.54
When you do it up to the row 96, the final balance is <em>the balance in the acccount at the end of the eight years</em>.
The last row of your spreadsheet will show:
96 69,042.81 345.21 876 70,264.03
Thus, <em>the balance at the end of eight years will be $70,264.03</em>
Answer:
the approximate value of the inventory that was destroyed is $4,862,000.
Explanation:
Use the Gross Profit percentage to find the value of the inventory that was destroyed.
Sales $4,140,000
Less Cost of Goods Sold
Opening Inventory $5,900,000
Add Purchases $2,032,000
Add Freight In $242,000
Available $8,174,000
Less Inventory Lost ($4,862,000)
Cost of Sales (3,312,000)
Gross Profit at 20% $828,000
Conclusion :
The Value of inventory that was destroyed is $4,862,000.
