Answer:
Correct answer is C.
<u>DPMO is approximately 45000</u>
Explanation:
Total Defects = 450
Total opportunities= 10000
DPMO = (Defects / Opportunities) * 1000000
= (450 / 10000) * 100000
= 45000
It means that the technology company will use the audit results to analyze risks. Thus option A is correct.
<h3>What is Audit ?</h3>
Audit refers to the checking of financial records of the company in order to ensure that the records are systematic and accurate. It is very helpful for the outsiders such as creditors, shareholders, government agencies etc as it provides the accurate information about transactions.
Mr. Chu will analyse the financial statements of the technology company an conclude about the risk involved in the company. Thus it helps in analyzing the risk. Therefore, option A is correct.
Learn more about auditing here:
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Answer:
Bond C
Time to maturity Price of the bond
0 $1,091.31
1 $1,071.26
2 $1,049.46
3 $1,025.76
4 $1,000.00
Bond Z
Time to maturity Price of the bond
0 $716.28
1 $778.59
2 $846.33
3 $919.96
4 $1,000.00
Explanation:
Bond C
Use the PV function to calcuclate the price of the bond
=PV(rate, nper, pmt, [fv] )
Where
rate = yield to maturity = 8.7%
pmt = Coupon payment = Face value x Coupon rate = $1,000 x 11.50% = $115
fv = maturity value = $1,000
Working and the formula sheet is attached with this answer, please refer to the attachment.
Answer:
Casey's opportunity cost of producing 1 kg of potatoes is 5 kg of steak.
Casey's opportunity cost of producing 1 kg of steak is 0.2 kg of potatoes.
Rick's opportunity cost of producing 1 kg of potatoes is 3 kg of steak.
Rick's opportunity cost of producing 1 kg of steak is 0.33 kg of potatoes.
Casey should produce steak while Rick should produce potatoes, since Rick has a comparative advantage in producing potatoes (lower opportunity cost) and Casey has a comparative advantage in producing steak.
As long as the price of steak per kilogram of potatoes is less than 5 kg of steak and more than 3 kg of steak, then both would win. In order for both of them to win is a similarly proportional way, the exchange price should be 4 kg of steak per kg of potatoes.
Answer:
C) $13,167
Explanation:
Since the sales was made FOB destination, the freight charges were included in the invoice, so the total purchase was $13,300.
Horton uses the net method of accounting for purchase discounts, so it will always record the inventory purchases with the applicable discount whether they received them or not.
$13,300 x 99% = $13,167
Since Horton was unable to pay in time, the $133 discount is recorded as a discount lost (expense account).