Answers;
In scrutinizing a statement of cash flows in an attempt to gain a better understanding of the client, the auditor should evaluate to check if the client is meeting interest payments when they are due. The auditor may use information about the client's industry. This is done to evaluate whether significant changes is made in the company from prior periods, including changes in its internal control over financial reporting, affect the risks of material misstatement.
Answer:
do nothing.
Explanation:
Under the equity method, Johnson's investment in Rockford industries will only vary when Rockford distributes dividends (which reduces the investment amount) or when they earnings or losses. Johnson will recognize 30% f Rockford's earnings as income from is investment, and will also recognize 30% of Rockford's losses as a decrease in its investment (loss). The equity method is not based on stock price.
The company's payment = $1640,
Carol's total cost = $410.
<u>Step-by-step </u>
<u>Given:</u>
Bill amount = $2300
Amount of deductible = $250
Remaining amount is given by:
=$2300-$250
=$2050
Since Carol's insurance company provided paid 80% of the bill less the deductible.
So, the Company's Payment is given by:
Company Pays 80% which translates to 0.8
Company Payment = 0.8*2050
Company Payment = $1640
Carol's total cost after the payment of company is given by
Carol pays = $2050 - $1640
Carol pays = $410
Hence, the company's payment was $1640, Carol's total cost was $410.
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Answer:
The question is incomplete;
a. The required return on Portfolio P would increase by 1%.
b. The required return on both stocks would increase by 1%.
c. The required return on Portfolio P would remain unchanged.
d. The required return on Stock A would increase by more than 1%, while the return on Stock B would increase by less than 1%.
e. The required return for Stock A would fall, but the required return for Stock B would increase.
The answer is a. The required return on Portfolio P would increase by 1%.
Explanation:
The roles of private sectors in tourism in Africa include the following:
- Investing in the tourism sector with time and money.
- Reducing trips to destinations outside of Africa.
- Identifying holiday centers and attractive sites
- Developing beaches.
- Promoting tourist products through Social Media.
- Encouraging adventure tours.
<h3>What is tourism?</h3>
Tourism is the process of spending time away from your home for the following purposes:
- Recreation
- Relaxation
- Pleasure
- Using commercial services.
In Africa, tourism centers have been identified in Uganda, Algeria, Egypt, South Africa, Kenya, Morocco, Tunisia, Ghana, and Tanzania.
The types of tourism include:
- Adventure tourism
- Beach tourism
- Cultural (food) tourism
- Ecotourism (experiential tourism)
- Medical tourism
- Wildlife tourism.
Thus, the private sectors in Africa have different roles in tourism development.
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