Answer:
b. Completeness
Explanation:
Cut off tests are designed to ensure that transactions which relate to a particular period are reported in that very period.
Assertions refers to the claims made by the management and it's staff relating to various aspects of the business.
Cut off procedures provide an auditor with evidence against management's assertion of completeness and occurrence of a transaction.
Completeness refers to whether transactions pertaining to a period have been recorded.
Occurrence means that recorded transactions ain't fictitious and have actually happened.
The correct answer is letter (B) Parliament. A type of national lawmaking body that is common throughout Europe is known as a (B) Parliament. It was started in 1952 as Common Assembly of the European Coal and Steel Community. In 1962, it became as the European Parliament and had its first elections in 1979.
If a stock currently sells for $49. tThe amount of the dividend that was just paid is $1.77.
A inventory is a fashionable term used to describe the ownership certificate of any business enterprise. A percentage, on the other hand, refers to the inventory certificate of a selected organization. maintaining a particular organization's percentage makes you a shareholder.
A coins dividend is the distribution of budget or cash paid to stockholders generally as a part of the employer's present day income or accrued income. cash dividends are paid at once in money, as opposed to being paid as a inventory dividend or other form of cost.
Dividend yield=Annual Dividend next year/Current price
Annual Dividend next year=(49*3.8%)=$1.862
Hene, the dividend just paid = Annual Dividend next year * Present value of discounting factor( 5.1%, time period)
⇒$1.862/1.051
⇒$1.77 (Approx)
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Answer: import; export
Explanation:
Canadian logging companies sell timber in the United States. To the U.S., the timber is an import, and for Canadians, the timber is an export.
An import is a good that is brought into a country and sold from another country while an export is a good that a country sells to other country. Timber is a export to the United States since it's brought from Canada.
Answer:
A) total debt = $2,230,000 and it represents 175,000 - 125,000 = 50,000 outstanding shares
price per share = $2,230,000 / 50,000 = $44.60 per share
B) enterprise value = 175,000 x $44.60 = $7,805,000
According to M&M proposition I, the enterprise value is the same with or without any outstanding debt. So the company's value is the same for both alternatives.
