Answer: <u><em>Audit</em></u>
Explanation: In this case the evaluation of financial records of the corporation(Maine Manufacturer) done by Holly lane is known an <u><em>audit.</em></u>
Audit is a methodical and autonomous process under which one examines statutory records(i.e books, accounts,documents and vouchers) of an institution and also appraise their acquiescence with laws, and provide an assessment reflecting the expound of organization's financial records.
Therefore, the correct option is (b)
Answer:
$13.89
Explanation:
The computation of the value of stock is shown below:
Year Dividend Present value factor at 16% Present value
1 $1.90 0.862 $1.64
2 $2.10 0.743 $1.56
3 $2.30
Price $14.375 0.743 $10.68
The price is computed below:
= $2.30 ÷ 16% = $14.375
Total present value $13.89
The present value factor is computed below:
= 1 ÷ (1 + rate) ^ years
For Year 1 = 1 ÷ 1.16^1 = 0.862
For Year 2 = 1 ÷ 1.16^2 = 0.743
Answer:
Explanation:
When the Peso depreciates by 30%, the firm can save money on the costs of production as the inputs would be less costly but the market for the firm in Mexico would be affected negatively as the depreciation of the peso would mean that now, the consumer can buy more goods with the same amount of money which will increase the demand. The loans that the subsidiary has taken would also be affected as it has to pay more for the collateral.
If the company reduces the inventory and stock the foreign receivables before the depreciation occurs to minimize the loss. Before the depreciation happens, the firm can convert the pesos denomination to the dollar so that its value doesn't fall.
Answer:
Taxes can be either direct or indirect. A direct tax is one that the taxpayer pays directly to the government. These taxes cannot be shifted to any other person or group. An indirect tax is one that can be passed on-or shifted-to another person or group by the person or business that owes it.
Explanation:
Answer:
A. Diversifying your portfolio to minimize risk while maximizing rate
of return.
Explanation:
But D could also work. I'm still going with A though because it seems like a better answer
