An audit involves the review and evaluation of the records and processes that are used to prepare the organization's financial statements.
Answer:
The sustainable Growth Rate is 15.46%
Explanation:
Return on equity= (Net income/Equity Shareholder's Fund) * 100
= ($19,789 / $83,200) * 100
= 23.78%
Payout ratio is 35%.
Therefore, Retention Rate is 65% or 0.65
Sustainable Growth Rate = Return on Equity * Retention Rate
= 23.78% * 0.65 =
= 0.2378 * 0.65
= 0.15457
= 15.46%
Thus, the sustainable Growth Rate is 15.46%
Answer:
A. Even after Balzania began requiring surface mine operators to pay reclamation costs, coal mines in Balzania continued to be less expensive to operate than coal mines in almost any other country.
Explanation:
What is true about the information provided in the scenario in relation to accounting for the drop in reclamation costs described is that: Even after Balzania began requiring surface mine operators to pay reclamation costs, coal mines in Balzania continued to be less expensive to operate than coal mines in almost any other country.
It was stated in the scenario that, ''Twenty years ago, Balzania put in place regulations requiring operators of surface mines to pay for the reclamation of mined-out land, <u>Yet, the average reclamation cost for a surface coal mine being reclaimed today is only four dollars per ton of coal that the mine produced, less than half what it cost to reclaim surface mines in the years immediately after the regulations took effect''</u>
<u>Hence, the cost in Balzania is lower than the costs elsewhere which implies that the products will be heaper in Balzania due to lower operating costs</u>
Answer:
C) performance-reward
Explanation:
EXPECTANCY THEORY -
According to this theory , it argument regarding the tendency to act in a particular way is dependent on the strength of the expectation .
<u>This theory focus on three major relationships , i.e. , </u>
- Effort-performance relationship
- Performance - reward relationship
- Rewards - personal goals relationship
Performance - reward relationship -
It is the degree to which the particular person believes , as performing at the particular level will lead to the desired expectations or outcomes of the employer .
Hence , from the question information ,
The correct term for the given statement is Performance - reward relationship .
Answer:
Nigeria employs a combination of tariffs and quotas for the double purpose of taxing international trade for revenue generation and protecting local industries from highly competitive imports. The country's tariffs are determined by the ECOWAS 2015 – 2019 Common External Tariff (CET) Book.Sep 14
Explanation: