Answer:
d.guarantee the company will earn a profit
Explanation:
Internal controls are controls put in place by management to mitigate against identified risk. Risk basically refers to what could go wring in a process. Controls are put in place to mitigate against the risk of error or fraud and do not necessarily prevent the company from making a loss.
Companies make profit or loss based on management's decisions such as where to invest, what time to invest, introduction of a new product, management of cost of sales and operating expenses etc
Internal controls basically consist of policies and procedures that ensure that the company's asset are not misused (fraud), no misrepresentation of revenue (fraud), employees and managers comply with laws and regulations, business information is accurate ( no misrepresentation of records due to error) etc.
Hence Internal control does not consist of policies and procedures that guarantee the company will earn a profit.
The right option is d.
Answer:
480 inches (40 feet)
Explanation:
Studs are boards placed on walls so as to support the walls. Studs are used in framing the wall and they are vertical.
Studs are usually spaced on walls with wall framing at either 16 inches on center, 19 inches on center or 24 inches on centers.
Given that on center spacing = 16 inches, number of studs = 31
The length of the wall is given by the formula:
number of studs = (length of wall in inches / on center spacing in inches) + 1
Length of wall (inches) = (number of studs - 1) * on center spacing
hence:
Length of wall (inches) = (31 - 1) * 16 inches = 480 inches
Length of wall = 480 inches = 40 feet
It would be an informative resource
Answer:
a) $393.65
b) $458.11
c) $217.63
Explanation:
Given data:
16-year ( n )
$1000 par value ( FV )
6% ( R )
A) determine the initial price of the bond
= FV / ( 1 + R ) ^ n
= 1000 / ( 1.06 ) ^ 16
= 1000 / 2.5403 = $393.65
B ) when interest rate drops to 5% determine the value of the zero-coupon rate of bond
= FV / ( 1 + R ) ^n
= 1000 / ( 1.05 ) ^ 16
= 1000 / 2.1829 = $458.11
C ) when interest rate increases to 10% determine the value of the zero-coupon rate of bond
= Fv / ( 1 + R ) ^ n
= 1000 / ( 1.1 ) ^ 16
= 1000 / 4.5950 = $217.63
What determines the foreign exchange rate?
A. The government
B. Small businesses
C. Market forces
D. Consumers
The answer is A the government
