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3 years ago

Compared to an early president’s cabinet, the size and impact of a modern president’s cabinet has ______________.

Business

1 answer:

hram777 [196]3 years ago

8 0

Answer:

The correct answer that fills the gap is:<em> increased dramatically and is much greater. </em>

Explanation:

For politics, the cabinet is the set of ministers that make up a government. The cabinet, therefore, constitutes the Executive Power of a State. The concept may vary by country: for example, in Spain, the cabinet is an administrative body that supports a minister or a secretary of state.

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When an employee misappropriates case by diverting a payment from one customer for their own use, and then hides the defalcation

Sati [7]

Answer:

Lapping scheme

Explanation:

Lapping scheme -

It is a fraud practice , which involves the alteration of the accounts received to hide or cover the stolen payments .

This method involve taking the subsequent receivable payments and using them to cover the theft .

<u>And the next receivable is only applied when the previous is unpaid receivable .</u>

8 0

2 years ago

The All-Star Basic Value Fund's portfolio is valued at $250 million. The fund has liabilities of $23 million, and the fund’s net

svetoff [14.1K]

$13.27 is the fund's number of shares outstanding

Solution:

Given,

The All-Star Basic Value Fund's portfolio is valued at $250 million

Liabilities of $23 million

Net asset value = 17,100,000

Now ,

To find , fund's number of shares outstanding :

NAV = ($250 million - $23 million)/17.1 million = $13.27

$13.27 is the fund's number of shares outstanding

8 0

2 years ago

A hospital estimates that, based on past experience, it will incur $5 million in malpractice claims as a result of services rend

Gala2k [10]

Answer:

d) $5 million.

Explanation:

The amount that should appear on the year-end financial statement should be the most probable estimate. In this case, $5 million is the most probable because this is deduced from past experience, while $2 million is a practice that should be reviewed in the light of new information.

5 0

2 years ago

Joe's starting salary as a mechanical engineer is around $100 comma 000. Joe is planning to place a total of 13% of his salar

Maru [420]

Answer:

$ 2,209,797.96

Explanation:

Given:

Salary = $100,000

Salary investment rate = 13%

Salary increase rate(g) = 5%

number of year = 25

Annual rate of return(i) = 11%

Calculation:

Salary invested = $100,000*13% = $13,000

calculation of present worth

$P=A[\frac{1-(1+g)^n(1+i)^{-n}}{i-g}] \\P=13000[\frac{1-(1+0.05)^{25}(1+0.11)^{-25}}{0.11-0.05}] \\P=13000[\frac{1-(1.05)^{25}(1.11)^{-25}}{0.06}] \\P=13000[\frac{1-(3.386354)(0.073608086)}{0.06}]\\\\P=13000[\frac{1-0.249263}{0.06}]\\\\ P=13000[12.5122827]\\\\\\P= 162,659.675$

$Future worth = P(1+i)^n\\ = 162,659.675(1+0.11)^{25}\\ = 2,209,797.96$

3 0

2 years ago

Theresa’s Flower Garden has 750 bonds outstanding that are selling for $989 each, 2,500 shares of preferred stock with a market

Sidana [21]

Answer:

weight of preferred stock = 4.63 %

Explanation:

given data

Number of outstanding bonds = 750

selling price = $989 each

preferred stock = 2,500 shares

market price = $47 a share

number of common stock = 30,000

common stock valued = $56 share

solution

we first get here total market value that is express as

total market value = Number of outstanding bonds × selling price per bond + number of preferred stock × market price per share + number of common stock × par value per share ......................1

put here value and we get

total market value = 750 × $989 + 2,500 × $47 + 30,000 × $56

solve it we get

total market value = $2539250

and

here now we get weight of preferred stock that will be

weight of preferred stock = Total value of preferred stock ÷ total market value × 100 .........................2

put here value

weight of preferred stock = ( 2,500 × $47 ) ÷ $2539250 × 100

weight of preferred stock = 4.63 %

7 0

2 years ago