Answer:
In light of research of Overstock's money related accomplishment, clearly these exposures influenced Overstock's trading cost. Theorists and customers of the spending reports despite everything have restrictive necessities that the self-governing reviewers ensure that financial reports are truly addressed. This has influenced audit and the board obligations and puts more weight on associates and authorities to appropriately address their financial rundowns. I think Grant Thornton acted inappropriately in light of their clashing use of the $785,000 A/R/Gain Contingency. Grant Thornton didn't from the outset prescribe making an altering section in this way Overstock gave their 10-k with the $785000 as expansion plausibility.
Answer: The process of verification is used by schools to confirm that data submitted on the FAFSA form is correct
Explanation:
The process of verification is used by schools to confirm that data submitted on the FAFSA form is correct. When you request the verification, the school would request additional documents to support the information you supplied, this is for clarification and ensuring you are the right person or you own the information.
Answer:
$115 million
Explanation:
Calculation for the present value of the business.
Using this formula
Present value=Free cash flow+Horizon value
Where,
Free cash flow =$15 million
Horizon value=$100 million
Let plug in the formula
Present value=$15 million +$100 million
Present value=$115 million
Therefore the Present value of the business will be $115 million
Answer:
Journal Entry to record the transaction
Dr. Work in Process Department I $280,000
Dr. Work in Process Department II $300,000
Dr. Manufacturing Overhead $8,000
Cr. Material Inventory $588,000
Explanation:
The direct material is charged to the work in process account, because it is an direct expense and all the direct expenses are charged to the work in process account like indirect material, indirect labor etc.
The indirect material is charged to manufacturing overhead account because all the indirect expenses are charged to the manufacturing overhead account like indirect material, indirect labor etc.
These inventories are issued from the material inventory, so to deduct the issued value from the material inventory account, the total value of direct and indirect issuance is credited to record the effect.
Hi, thank you for posting your question here at Brainly.
We use an equation to solve this problem:
![P = A[ \frac{1- (1+i)^{-n} }{i} ]](https://tex.z-dn.net/?f=P%20%3D%20A%5B%20%5Cfrac%7B1-%20%281%2Bi%29%5E%7B-n%7D%20%7D%7Bi%7D%20%5D)
where P = $52,000
i = 0.065
n = 16
![52000 = A[ \frac{1- (1+0.065)^{-16} }{0.065} ]](https://tex.z-dn.net/?f=52000%20%3D%20A%5B%20%5Cfrac%7B1-%20%281%2B0.065%29%5E%7B-16%7D%20%7D%7B0.065%7D%20%5D)
A = $5,323.63 per year
