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tekilochka [14]
3 years ago
13

Auditors perform a number of procedures relating to cash—some unique, some not unique. for each substantive procedure below, ide

ntify its primary objective or indicate that the procedure serves no purpose. the primary objective of the procedure may be selected once, or not at all.
Business
1 answer:
Ede4ka [16]3 years ago
8 0

Answer:

what is your question?

Explanation:

You might be interested in
The intracoastal bank has $5 million in deposits and $500,000 in reserves. if the required reserve ratio is 5%, excess reserves
gtnhenbr [62]
We write down the equation that would allow us to solve for the required reserves.
      required reserve = (deposit)(required reserve ratio)

From the items above, we are given that,
     deposit = $5 million
    required reserve ratio = 5% = 0.05

Substituting,
     required reserve = (0.05)($5 million)
     required reserve = $250,000

The total amount that the bank for the reserves is $5.5 million.
The excess reserve is equal to,
              excess reserve = ($5.5 M) - ($250,000)
             excess reserve = $5.25 M

<em>ANSWER: $5.25M</em>
6 0
4 years ago
Rafael is applying to graduate schools for admission to the MBA program. If he goes part time, it will take four years and cost
s344n2d4d5 [400]

Answer: Extensive

Explanation: Extensive problem solving refers to the process in which an individual tries to get all information of a subject matter from different sources and different perspectives. This is usually used by the consumers when they have to make a choice between two investments and both the investments amounts huge.

Thus, in the given case Rafael should make an extensive problem solving as both the alternatives could affect his life highly.

4 0
3 years ago
If i went through my employee files to determine what type of person makes the best employee, i would probably be conducting:
weeeeeb [17]
The best person on the files
8 0
3 years ago
Driver Products recently paid its annual dividend of $2, and reported an ROE of 15%. The firm pays out 50% of its earnings as di
iragen [17]

Answer:

$29.70

Explanation:

Retention ratio = 1 - payout ratio

= ( 1  -0.5 )

= 0.5

Growth rate, g = ROE × Retention ratio

= 0.15 × 0.5

= 0.075

= 7.5%  

Required return = Risk - free rate + [ Beta × (Market rate- risk-free rate) ]

= 2.5% + 1.44 × (11% - 2.5%)

= 14.74%

Intrinsic value = \frac{\textup{D1}}{\textup{(Required return-Growth rate)&#10;}}

=\frac{\textup{2}\times(1+0.075)}{\textup{(0.1474-0.075)&#10;}}

= 29.69 ≈ $29.70

5 0
3 years ago
Always accept a job offer before discussing its salary and benefits.
yan [13]

Answer:

Acepting he job before getting inforamtion about it is not a good way to geta job. That is how you get a bad job that doesnt have a good salary or many beefits.

Sorry for the spelling erros my computer is not working correctly

4 0
3 years ago
Read 2 more answers
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