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3 years ago

One interesting thing about incentive approaches is that incentives

1 answer:

4 0

The appropriate response is arousal. One intriguing thing about motivating force methodologies is that motivators exist freely of any need or level of excitement. Excitement and setting best depict Schachter and Singers' hypothesis of feeling.

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When auditors wish to issue an unmodied opinion but highlight that the entity changed its method of accounting forsoftware devel

love history [14]

Answer:

c. An emphasis-of-matter paragraph

Explanation:

Based on the information provided within the question it can be said that they would most appropriately identify the change in accounting in an emphasis-of-matter paragraph. This is a paragraph that illustrates the importance of the disclosed information or changes in the financial report, and that it is essential to the user's understanding of the report.

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3 years ago

Which of the following statements is true if a bond's stated interest rate is higher than the market rate?

Feliz [49]

Answer: The bond will be issued at a premium

Explanation: If the interest rate on bond is higher than the market interest rate then the investors of such bond will get a greater benefit. Hence to get the greater benefit an investor must pay a higher value, thus, the bond will be issued at premium.

Higher interest rate means the company will pay interest to investors mare than i the general rate in market, Therefore, company can charge investors more from a more valuable asset.

Hence from the above we can conclude that the correct option is c.

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3 years ago

. Which of the following individuals commonly use finance in the course of their job?I. Chief financial officersII. AccountantsI

sergiy2304 [10]

Answer:

E. I, II, III, and IV

Explanation:

Chief Financial Officer is the officer in charge of all the financial transactions who, monitor the business financially, so he uses his knowledge of finance in doing analysis and evaluation of the transactions.

Accountants do not only accounting but has also to perform the financial job many a times in calculating the amounts of each transactions.

Security Analysts are core finance related people, they basically evaluate each aspect in terms of finance of the security, how profitable it would, what are the related costs and benefits, etc:

Strategic managers use finance as to make the strategy that best suits the company to grow also further it helps the manager to take the decisions regarding the funds needed and the financial viability of the decisions to be made.

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3 years ago

The operations vice president of Security Home Bank has been interested in investigating the efficiency of the bank’s operations

AURORKA [14]

Answer:

The computation of the activity rates for the activity-based costing system is shown below:-

Explanation:

Opening Processing Processing Other Totals

accounts Deposits and other activities

Withdraws Customers

transactions

Teller wages $5,800 $108,750 $26,100 $4,350 $145,000

Assistant

branch

manager

salary $4,800 $6,600 $16,200 $32,400 $60,000

Branch

manager

salary $3,760 $0 $20,680 $69,560 $94,000

$14,360 $115,350 $62,980 $106,310

Working Note

Opening Processing Processing Other

accounts Deposits and other activities

Withdraws Customers

transactions

Teller

wages ($145,000 × 4%) ($145,000 × 75%) ($145,000 × 18%) ($145,000 × 3%)

Assistant

branch

manager

salary ($60,000 × 8%) ($60,000 ×11%) ($60,000 × 27%) ($60,000 × 54%)

Branch

manager

salary ($94,000 × 4%) ($94,000 × 0%) ($94,000 × 22%) ($94,000 × 74%)

Activity Activity cost Cost drivers Activity rate

Opening accounts $14,360 230 $62.43

Processing deposits

and Withdrawals $115,350 51,000 $2.26

Processing other

customers

transactions $62,980 1,150 $54.77

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3 years ago

SME Company has a debt-equity ratio of .57. Return on assets is 7.9 percent, and total equity is $620,000. a. What is the equity

PtichkaEL [24]

Answer:

(i) 1.57

(ii) 12.40%

(iii) $76,898.60

Explanation:

Debt-equity ratio = debt/equity

Hence debt= 0.57 equity

= (0.57 × 620000)

= $353,400

Total assets = debt + equity

= (353400+620000)

= $973400

1. Equity multiplier = Total assets ÷ Equity

= $973,400 ÷ 620,000

= 1.57

3. ROA = net income ÷ Total assets

net income = ($973,400 × 0.079)

= $76,898.60

2. ROE = net income ÷ Total equity

= $76,898.60 ÷ 620,000

= 12.40%(Approx).

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3 years ago