Answer:
The auditor is entitled to collect the audit fee and is not liable for $90 000.
Explanation:
Ace & King did their job in a competent way, the fact that the company's controller was doing something illegal is not their responsibility. External auditors work with the information that is given to them and their job is limited to analyzing them and making their conclusions about them.
In this case, the controller was the person responsible for giving the information to the auditing company, so he had the chance to direct their conclusions. An external auditor is not responsible for what happens inside a firm, and if someone steals money or assets, he/she is responsible for it.
The amount of compensation expense Crane should record for 2017 under the fair value method is $207000
<u>Solution:</u>
From the given,
Stock options for 63000 shares
$10 par value common stock
$25 per share and the option price was $20
Total compensation expense = $627000
On calculating we get,
We can conclude that there is $207,000 decrease. Therefore, the correct answer is option c.
I would say hide it under your seat or between your seat. or your trunk
Answer:
The dividend the company just paid is $3.53
Explanation:
The solution to the problem is given as follows.
$48.20 = D1/(.1120 − .0360)
$48.20= D1(0.076)
Making D1 the subject of formula we have.
D1 = $3.66
D0 = $3.66/(1 + .0360)
D0 = $3.53
Answer:
generic goods.
Explanation:
Generic goods -
It refers to the type of packaging , where only the type of product present inside the packet is written , rather than specifying the name of the brand , is referred to as generic goods .
For example ,
Mentioning the package with rice , cola , beans etc. , is the example of generic food .
Hence , from the given scenario of the question ,
The correct answer is generic goods .
