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34kurt
3 years ago
6

Insurance can help you: evefi

Business
1 answer:
leva [86]3 years ago
8 0

Insurance can definitely help you in case of an emergency.

Hope this helps!

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What should be the price of a common stock paying $3.50 annually in dividends if the growth rate is zero and the discount rate i
katrin [286]

Answer:

$43.75

Explanation:

Dividend discount model with zero growth assumes that the Company shall continue to pay the same amount of dividend in infinity. The formula for calculating price of such stock is

Price = Annual Dividend / Discount rate

Price = $3.5 / 8%

Price = $43.75 / per share

3 0
3 years ago
Lakeside Company's schedule of cost of good manufactured include the following for April:Cost of Goods Manufactured $69,300Direc
vichka [17]

Answer:

Work in process inventory at April 30 is $4,700

Explanation:

In this question, we apply the cost of goods manufactured formula which is shown below:

Cost of goods manufactured = Opening balance of work in progress  + total manufacturing cost - ending balance of work in progress

where,

Total manufacturing cost =  Direct material + direct labor + overhead

                                          = $27,000 + $30,000 + $8,000

                                           = $65,000

So, the ending balance work in progress equal to

=  $9,000 + $65,000 - $69,300

=  $4,700

3 0
3 years ago
Management implements internal controls to ensure that all required footnote disclosures are accurate. Auditors tests those cont
Sauron [17]

Full question:

Management implements internal controls to ensure that all required footnote disclosures are accurate. Auditors tests those controls to provide evidence supporting the ________ presentation.

A) completeness and valuation

B) completeness and accuracy

C) rights and obligations and existence

D) occurrence and accuracy

<u>Answer:</u>

Auditors tests those controls to provide evidence supporting the completeness and accuracy  presentation.

<u>Explanation:</u>

During the interim audit, the internal control system is documented and assessed. The completeness and accuracy of the erudition in the report superimposed which the auditor is relying on. Accuracy simply is inadequate. One requires to obtain certitude about both the completeness and the accuracy.

The statement that all the transactions that should hold been recorded are recorded is named completeness. A transaction is deemed accurate if: There is no fault while developing the supporting document, and there is no failure while posting this transaction.

4 0
3 years ago
What does it mean to say that a "business" has responsibility?
Fynjy0 [20]

Answer:

They can operate a business however they choose, but it must be fair and right to society.

Explanation:They must keep their hours everyday, fair prices, etc

3 0
2 years ago
alamosa Co. manufactures a single product that goes through two processes — mixing and cooking. The following data pertains to t
castortr0y [4]

Answer:

$890,187

Explanation:

the number of equivalent units completed = units started + beginning work in process = 69,000 units + 29,000 = 98,000 units

the number of units completed and transferred out = 29,000 + 69,000 - 15,000 = 83,000

ending WIP equivalent units:

  • materials cost 100% = 15,000
  • conversion costs 50% = 7,500

total materials cost per unit = $555,000 / 98,000 units = $5.663265

total conversion costs per unit = $458,100 / 90,500 units = $5.061878

total cost of manufactured goods under the weighted average method = 83,000 x ($5.6633 + $5.0619) = $890,187

5 0
2 years ago
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