Answer:
The correct answer is letter "B": Internal control over receivables is good.
Explanation:
Only in the case the internal control of an organization is well-established enough so those account receivables (AR) are paid according to the terms agreed between the organization and its debtors, auditors could consider the balance of the account receivables at a provisional date.
Answer: d. Products the consumer could have bought instead of cigarettes.
Opportunity cost refers to the loss benefits from the choices a person would have made if he or she had not made a particular choice.
Opportunity cost is also known as alternate cost.
In this question, had the consumer would have spent on other products if he had not bought cigarettes. Hence these products represent the opportunity cost of cigarettes.
Answer:
Walker's did not outperform because it PE Ratio is close to Industry average. Industry's data is based on average which means some of the firms may have very high PE ratio and some might have quite lower than the average. It is not obvious that the Walker's outperformed or under-performed. Complete data about the individual firms might make us able to compare the performance of Walker's. Apparently its performance is up to the mark as its PE ratio is very close to Industry average.
Explanation:
<u>PE Ratio</u> is a term which show the investors confidence on the firm. It shows that how much price investors are willing to pay against each unit of earning.
What can happen if you miss a monthly credit card payment is that you will be charged a late fee, and you can also lose rewards points.
Hope this helps!
Answer:
The answer is: marginal tax rate
Explanation:
The IRS uses tax brackets to determine how much taxes you owe. As your gross income increases and you pass to the next tax bracket, your tax rate also increases.
For example, a single filer who earns $75,000 a year will have a 22% tax rate. If his income increases to $85,000, then his tax rate will be 24%.
