Answer:
The primary purpose of a company's audit committee is to provide oversight of the financial reporting process, the audit process, the company's system of internal controls and compliance with laws and regulations. ... As such, CPAs report directly to the audit committee, not management.
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Answer:
The correct answer is 31 customers per day.
Explanation:
Consider the current capacity requirement as = x
Management wants to have a capacity cushion = 8%.
So the utilization is required = 100% - 8% = 92%
A process of currently services an average of 43 customers per day and utilization is 90%.
Expected Demand=70%= 70 ÷ 100 = 0.70
Current utilization = 90% = 0.90
Let Capacity requirement = X
Capacity requirement ÷ required utilization = Expected Demand rate × current service rate ÷ current utilization rate
X ÷ 0.92 = 0.70 × 43 ÷ 0.90
X = 0.70 × 43 ÷ 0.90 × 0.92
= 30.76 or 31
Needed capacity requirement is 31 customer per day.
The best saving account that Anthony should take is letter D, daily compounding. Daily compounding could provide him the best rate of return to his interest and this could provide him the interest that he deserves every time he deposits money on his bank account. This could not only be best in returning his interest but it could also provide the interest he deserves.
Answer:
Extortion
Explanation:
Extortion is the act of threatening or forcing another party to give you something, most of the time money.
In this case the minister in the developing country is demanding for payment before giving approval for the multi-million dollar contract.
The threat the minister is using against the company is to not approve Thier contract.
Answer:
Sharpen Ratio = <u> Rp - Rf</u>
standard deviation of portfolio
= <u>13.8% - 3.6%</u>
173.11%
= 0.05892
= 0.059
workings
Return of portfolio = Ra*wa + Rb*Wb
= 15%*0.6 + 12%*0.4
= 9% + 4.8% = 13.8%
Standard deviation of portfolio = square root of variance
= √ stdA²wa² + stadB²wb² + 2wawbcorrAB
= √(24%*0.6)² +(14%*0.4)² + 2*0.6*0.4*1.27
= √207.36% + 31.36% + 0.6096
= √2.9968
= 1.73
= 173.11%
Explanation:
