Answer: 10.3%
Explanation:
The borrower is to pay 3 points on the loan to get it which means that the effective total they are getting is:
= 13,000 * ( 1 - 3%)
= $12,610
The borrower will also have to pay an interest of 7% so the total to pay back is:
= 13,000 * ( 1 + 7%)
= $13,910
Interest actually paid:
= Amount to paid back / Amount to be received - 1
= (13,910 / 12,610) - 1
= 10.3%
During a financial statement audit an internal auditor may provide direct assistance to the independent CPA in performing both tests of controls and substantive tests.
<h3>What is audit ?</h3>
Audit is the checking or inspection of the account of the company in order to make sure a ll the transactions are recorded systematically and accurately. it is done to check the correctness of the accounts provided by the companies in the financial accounts.
During the auditing of financial statements, auditor provides helps to the Certified Public Accountant by performing both the test of control and substantive tests.
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Answer: $1.50
Explanation:
Based on the information given in the question, we are informed that the variable cost of each box is $1.50 and usually has a contribution margin of $0.80 per box.
We should note that the minimum transfer price that the box division should find as acceptable will be the relevant cost. In this case, the relevant cost is given as $1.50 pee box and therefore, the minimum transfer price will be $1.50.
- The impact of the following transactions should be shown on the accounting equation below:
- The accounting equation comprises equity, liabilities, and assets.
- In this, the sum of the stockholder equity and the liabilities should be equivalent to the total assets.
- It analyzed the financial position, performance of the company.
Therefore we can conclude that the attachment i.e. attached represent the impact of the given transactions on the accounting equation.
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Answer:
The response to the given question can be defined as follows:
Explanation:
This organizational structure is flat and also has a strongly attributed. Its flat culture gives experts the chance to be innovative and boost productivity. Its freedom to work or to work allowed its productivity to be enhanced. It kept them in touch with it and allowed them t stay tuned to a consultation environment. This change has caused confusion amongst this personnel and they are frustrated with the change. You've begun to approach the CEO. It indicates that they're not really happy and that the change is not welcomed. They have dismantled a whole manner for working. The company should communicate its objectives to its employees and also develop an acceptable way of working. All they need to grasp here is that before the new President has been hired, people already exist inside a specific method of work and culture. When the changes are required, an organization as a whole must be discreet and agreeable to enable the implementation easier. The manager should develop a seamless transition–
- Email the staff and express your view.
- Include a career strategy and schedule certain objectives.
- Identify modifications and also be receptive to input. Not that every modification done provides the best outcomes.
It ensures the restoration of the inclusive community, as well as the manner of work and objectives, are altered still.
