Answer:
C. Company A is not bound by the contract because of illegality
Answer:
The answer is letter C.
Explanation:
The situation that would not result in auditors adding an additional paragraph to their report is reference to a departure from GAAP that is material, but not pervasive, to the financial statements.
Answer:
18.36%
Explanation:
Calculation for the return on the investment?
Using this formula
Return on investment = Net profit/Cost of Investment
The first step is to find the net profit using this formula
Net profit =( Sales amount +Dividend)-Dividend Stock Fund Investment
Let plug in the formula
Net profit = ($68 + $0.65) - $58 =
Net profit= $68.65-$58
Net profit= $10.65
Now let calculate the return on investment
Using this formula
Return on investment = Net profit/Cost of Investment
Let plug in the formula
Return on investment=$10.65/58
Return on investment= 18.36%
Therefore the return on the investment will be 18.36%
