Answer:
There should be strong internal controls implemented and segregation of duties in the finance department.
Explanation:
There is lack of internal controls present in the company which may lead to fraud or errors. The employees assigned to record the transaction are not recording all the cash receipts and are missing some of the cash receipts which can cause errors during reconciliation. The sub divisions of finance department must be segregated and there should be a supervisor who should be responsible to review all the work done by these departments.
Answer:
wP = 114.5 / 514.6 = 0.2225 or 22.25%
Explanation:
The WACC or weighted average cost of capital is the cost of a firm's capital structure. The capital structure of a firm can be made up of one or more of the following components namely debt, preferred stock and common equity. The WACC is normally calculated using the market value of these components. The formula for WACC is,
WACC = wD * rD * (1-tax rate) + wP * rP + wE * rE
Where,
- wD, wP and wE represents the weight of debt, preferred stock and common equity in the capital structure based on the market value
- rD, rP and rE are the cost of debt, preferred stock and common equity respectively.
To calculate the weight that should be assigned to the preferred stock in the calculation of WACC, we need to determine the market value of preferred stock and the market value of the capital structure.
Market Value - Debt = 10000 * 1000 * 1.01 = $10.1 million
Market Value - Preferred stock = 1 * 114.50 = $114.5 million
Market Value - Common equity = 26 * 15 = $390 million
Total MV of capital structure = 10.1 + 114.5 + 390 = $514.6
wP = 114.5 / 514.6 = 0.2225 or 22.25%
Answer:
It is the sole responsibility of supervisors.
Explanation:
Strategic planning includes setting objectives or goals and allocating resocurces to achieve set goals. The goals could be long or short term.
Strategic planning can span for years.
The strategic goals would vary from company to company because the aims and objectives of companies differ.
I hope my answer helps you.
Answer:
● The facts of crimes in business. With the sluggish economy the entire numbers of criminal activities have increased dramatically...
● Loss of revenue. Once the business is been compromised by such crimes, it would not be easy anymore to run the business because the funds are already affected.
● Damaged Reputation...
● Reduced production...
● Protect your business...
Explanation:
Answer:
D. $100
Explanation:
Given: William install 7 system per day at the cost of $300.
William install 8 system per day at the total cost of $400.
Remember, If the marginal cost curve is upward-sloping, this means that as output increase, marginal costs will also increase.
Marginal cost is an additional cost incurred in producing additional unit of output.
Now, finding additional payment that eighth customer has to pay.
Change in marginal cost= 
⇒ Change in marginal cost= 
∴ Change in marginal cost= 
Hence, there is an increase in marginal cost by $100 as output increases, therefore, William will install eight sound systems per day only if the eighth customer is willing to pay at least $100.
