Until the proofreading and editing process begins.
Based on the information given s Clare's return on investment (ROI) is: C.48%.
<h3>Return on investment (ROI)</h3>
Using this formula
Return on investment (ROI)=Selling price-Cost of production/Selling price ×100
Where:
Selling price=$10
Cost of production=$6.75
Let plug in the formula
Return on investment (ROI)=10-6.75/6.75
Return on investment (ROI)=3.25/6.75×100
Return on investment (ROI)=48%
Inconclusion Clare's return on investment (ROI) is: C.48%.
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Answer:
The options are given below:
A. An unqualified report.
B. An adverse report.
C. A disclaimer of opinion.
D. An exculpatory opinion.
The correct option is C.
Explanation:
A disclaimer of opinion is issued by an auditor in the event that the he/she is unable to complete the audit report due to an absence of financial records or when there is a lack of cooperation from management. What this signifies is that no opinion over the financial statements was able to be determined. A disclaimer of opinion is not an opinion itself.
Also, a disclaimer of opinion can be due to the fact that the client placed a restriction on the scope of the examination to such an extent that the auditor was not able to form an opinion.
A Chinese student pays tuition at a U.S. University. The Chinese government classifies the transaction as A service import.
<h3>What is
service import?</h3>
A service import is usually transactions of goods and services from non-residents to residents.
In this case, A Chinese student pays tuition at a U.S. University. The Chinese government classifies the transaction as A service import.
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