A. the ATM is owned by the bank of the account holder
Answer:
$19,215.65
Explanation:
To the determine the amount to be invested, we have to find the present value of $22,000 at 7%
P= FV ( 1 + r) ^-n
FV = Future value = $22,000
P = Present value
R = interest rate = 7%
N = number of years = 2
$22,000(1.07)^-2 = $19,215.65
I hope my answer helps you
Answer:
C. Leverage increases expected EPS and ROE (but increases their riskiness too)
Explanation:
C. Leverage increases expected EPS and ROE (but increases their riskiness too)
Expected EPS(All-equity Plan A) = $45m/20m = $2.25
Expected EPS(Plan B) = [$45m - ($150m × 0.08)/14m = $2.36
Expected EPS(Plan C) = [$45m - ($225m × 0.08)]/11m = $2.45
Answer:
<u>Ensure accurate reliable accounting records</u>
Explanation:
Internal controls refer to those processes and procedures employed by the management of an entity so as to ensure efficient operations and to keep a check on frauds and compliance with better reporting requirements.
For example, biometric system of recording employee attendance which keeps a check as in who is actually on payroll and elimination of any dummy entries from the records.
The purpose of internal control is to safeguard assets, ensure that employees adhere by company policies, compliance with the law, promote operational efficiency and ensure reliable financial reporting without misrepresentation of facts.
Answer:
oshe mush have been out of her head
Explanation:
0she lost her dog in the microwave