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Bond [772]
3 years ago
14

Which of the following activities would be most likely to be accomplished using sampling?a. Sorting a file to identify the large

st items.b. Scanning for unusual transactions.c. Selecting items and tracing back to source documents.d. Footing the file.
Business
1 answer:
Tomtit [17]3 years ago
4 0

Answer:

C. Selecting items and tracing back to source documents.

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(a) What is the present value of $34,900 due 9 periods from now, discounted at 9%? (Round answer to 2 decimal places, e.g. 25.25
Simora [160]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

a) What is the present value of $34,900 due 9 periods from now, discounted at 9%

We need to use the following formula:

PV= FV/(1+i)^n

PV= 34,900/1.09^9= $16,068.83

(b) What is the present value of $34,900 to be received at the end of each of 12 periods, discounted at 8%

First, we need to find the final value:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {34,900*[(1.08^12)-1]}/0.08= 662,301.71

PV=  662,301.71/(1.08^12)= 263,009.12

7 0
3 years ago
VelSad is contemplating the acquisition of Po, Inc. The values of the two companies as separate entities are $32 million and $16
svetoff [14.1K]

Answer:

7.58m

Explanation:

The VelSad is considering to acquire Po, Inc. by offer of 20 million cash or either 44% holding. The cost of acquisition refers to all cost incurred by a company to acquire another company. The benefit VelSad can get after acquiring Po, Inc is that it can save marketing and administrative cost by $560,000 every year. The cost of stock offer is 7.58 million. This is calculated by taking 44% of VelSad value and then discounting it at cost of capital which is 10%.

7 0
3 years ago
Shown below are selected data from the financial statements of the Supreme Company. (Dollar amounts are in millions, except for
Yuki888 [10]

Answer:

a. Gross profit rate =   Gross profit / sales

                              = <u> $710,000 * 100</u>

                                       $1,230,000

                              =  57.72%

b. <u>Supreme Operating Income </u>

Gross Profit                           $710,000

Operating expenses             <u>(440,000)</u>

Operating Profit                    <u> 270,000</u>

<u />

c. Return on Asset  =   Return/  Average Asset

                                =   <u>$390,000 * 100 </u>

                                       $4,000,000

                             =   9.75%

d. Return on equity  =   Return / Average equity

                                 =   <u>$390,000 * 100 </u>

                                        $2,400,000

                               =      16.25%

e. Price-earnings ratio  =  Market price per share / earnings per share

                                       =   $88/ $4  

                                       =  22

Explanation:

Computation of Gross profit

                                                $'000

Net Sales                                1,230

Cost of goods sold                 <u>(520)</u>

Gross Profit                              710  

3 0
3 years ago
If the money multiplier is 3 and the fed wants to increase the money supply by $900,000, it could:.
Tanya [424]

Answer:

buy $300,000 worth of bonds

Explanation:

Hope this helps:)...if not then sorry for wasting your time and may God bless you:)

3 0
2 years ago
O.B. shipping point means
FinnZ [79.3K]
<span>i believe the answer is
D. Both A and C </span>
6 0
3 years ago
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