Answer:C. Damage to completed cars held on a storage lot
Explanation:
Operational risk are the hazards and the uncertainties that are faced by companies in the day to day activities. It may be caused as a result of system failure or manufacturing components.
An example of operational risk for a company that manufactures automobiles would be damage to completed cars held on a storage lot.
Answer:
The correct answer is "Net present value"
Explanation:
The Net present value (NPV) commonly is used in projects and investments to analyze the profitability and compare it with other projects or investments to decide which is better.
Net Present Value (NPV) = Cash flow / (1 + discount rate) ^ number of time periods.
Answer:
Wage Replacement Ratio = $53,000 / $100,000 = 53%
Explanation:
Total Mortgages = $1,500 x 12 = $18,000
Dollar Value Percentage
Salary $100,000 100%
Less: Self-Employment Taxes (11,000) (11%)
Less: Savings (18,000) (18%)
Less: Mortgage Payments (18,000) (18%)
$ 53,000 53%
Wage Replacement Ratio = $53,000 / $100,000 = 53%
Answer
The correct answer is c. $ 7,500.
Explanation:
The reconciliation of the change in fund balance in governmental fund financial statements to the change in net position for governmental activities in the government-wide financials is computed using the GOES BARE mnemonic. The fact pattern only describes measurement focus (GOES) issues computed as follows:
G Change in Governmental Fund Balance $ 1,500
O Other Financing Sources 0
E Expenditure - Capital Outlay 9,000
(net of depreciation) (3,000)
S Internal Service Fund Net Income 0
Change in Net Position in government
-wide financial statements $ 7,500
