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:
Final Value= $61,037.04
Explanation:
Giving the following information:
Investment= $2,378 in a bank at the end of every year for 10 years.
The company makes no deposits during the subsequent 5 years.
Interest rate= 10%
First, we need to calculate the first 10 years.
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {2,378*[(1.1^10)-1]} / 0.1
FV= $37,899.20
Now, the 5 years:
FV= PV*(1+i)^n
FV= 37,899.2*(1.1^5)
FV= $61,037.04
The answer is company’s rules and policies. These two form the instructions of behavior in an organization, outlining the duties of both employees and employers. Company policies and rules are prepared to guard the rights of workers as well as the commercial interests of managers. Contingent on the needs of the organization, various policies and procedures create rules concerning employee conduct, dress code, attendance, confidentiality and other extents associated to the terms and situations of work.
Answer:
car insurance, rent, student loan payments
Explanation:
Fixed expenses or fixed costs remain constant throughout a financial period. In the year under consideration, fixed expenses will have the same figures regardless of the production level. Fixed costs contrast variable costs, which vary depending on the level of business activities.
From the list provided, car insurance, rent, student loan payments will likely remain the same in the financial period. The other expenses, such as pet needs, entertainment, public transportation costs, and gifts, are bound to be determined by production volumes.
Answer:
Current price of the share common stock will be $30
So option (c) will be correct answer
Explanation:
We have given expected dividend
Required rate of return = 15 % = 0.15
Tax rate = 30 %
Growth rate = 5 %
Beta = 2
We have to find the price of the share
Price of the share is given by
So current price of the share stock will be equal to $30
So option (C) will be correct answer