Answer:
3. Rights and obligations.
Explanation:
This evidence is in support of relevant financial statement assertions about existence or occurrence and Rights and obligations. Even though a specific confirmation request does not test all assertions equally well. Especially since more than one agent may be holding securities for a single client which may or may not be specified within the request.
She would want to choose elegant, high-end fixtures. Fixtures in a retail operation refer to the clothing racks, display cases, mannequins, signage, and other display equipment. Since Helen is selling high-fashion to professional women she needs to project a high-end professional image.
Answer:
.B) limited resources to satisfy virtually unlimited wants.
Explanation:
The resources at our disposal is limited while our wants are unlimited.
For example, the money in my account (resources) is not enough to buy All The things I would like to have (wants).
I hope my answer helps you
cash payback period ____3.21 _ years.
The $125,190 initial investment divided by the net increase in cash flow per period yields the cash payback period for this investment.
Cash Payback Period = Initial Investment /Net increase Cash Flow per Period
Net cash flow improvement for the period = $79,000 - $40,000 = $39,000
Cash payback period is 3.21 years ($125,190/$39,000)
The project's $125,190 initial investment would be repaid in 3 years, 2.5 months (0.21 x 12 months).
<h3>What is cash back period?</h3>
The Payback Period is the length of time it will take for an investment to generate sufficient cash flow to cover the entire investment. You would forecast the cash flow for the investment, project, or business when estimating the payback period.
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