Answer: Independent Auditors
Explanation: Independent Auditors are professionals in the field of accounting such as chattered accountants that are employed to check the business and financial records of an organization to which they don't work in. Auditors are used to ensure accuracy in records and also to ensure no financial mismanagement or fraud.
It is because they are not profitable enough at first and because their development can take scarce resources away from sustaining innovations.
<h3>What does the term "disruptive innovation" mean?</h3>
It disrupts the market leader in that specific market space and fundamentally alters the industry when a new good or service is launched into an established market that performs better and typically costs less.
<h3>What exactly qualifies as a disruptive invention?</h3>
The usage of cellphones for computing purposes, such as web browsing and streaming, rather than laptops and desktop computers is another example of disruptive innovation. Thanks to technical breakthroughs, cell phones today have tiny CPUs, circuits, and software that support these functionalities.
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Answer:
After-tax cost $652
Explanation:
$652 = $800 [1 − (0.5 × 0.370)]. Half of the interest is not deductible because it was used to purchase tax-exempt securities.
Answer:
is unique to the corporate form of business
Explanation:
As we know that the retained earnings is a non-distributed earnings of an organization. It is an accumulated net income of the organization which cant be allocated as a dividend. It can be easily converted into the capital
Therefore it is a unique characteristic of the corporate business form
Hence, the first option is correct
And, the remaining options does not represent for the same.
Answer:
Expected withdrawal is $45,000 for 30 years = total of $1,350,000
You will be required to invest in $25.063 every year.
Explanation:
By applying the goal seek formula in excel to determine the annual invested fund, based on a compounded interest rate of 6% over a duration of up to a maximum of 25 years from Year 0, we can clearly see that Savings ought to be $25,063 for every year.
The future Value of each saved fund is derived and added to future value of each years subsequent saved fund to arrive at a total expectation of $1,350,000 expected value after 25 years (i.e. $45,000 annual withdrawal x 30 years of withdrawal)
This brings total savings to $626,572 for the entire 25 years
Kindly refer to the attachment for breakdown of workings.
