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2 years ago

Why is a weather specialist important on major incidents?

1 answer:

7 0

Weather specialists or weathermen are reporters about weather warnings, with no formal meteorological training. Even though they have no formal trainings, they are important especially on major incidents because they are the ones who give forecasts or weather warnings. In so doing, they can protect people’s life and property.

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Which of the following investments would have the highest future value at the end of 10 years? Assume that the effective annual

LenaWriter [7]

Answer:

The investment that will have the highest future value is option b.

Explanation:

First lets suposse the effective annual rate is 10%

a. Future value= $2,500

c. First you must obtain the net present value of all cash flows with the formula attached, for example:

NVP= ($250/(1+10%)^1)+($250/(1+10%^2)+($250/(1+10%^3)... and so on until year 10

With the excel formula "NPV" you can calculate the net present value specifying the interest rate, the cash flows.

The NPV= $1,536.14

And then you calculate the future value of this answer with this formula:

VF=VP(1+i)^n

VF= $1,536.14*(1+10%)^10

VF=$3,984.36

b. If payments are due at the beginning of every year means that at year 0 you start with $250. You must calculate the NPV in this way

NPV= $250+($250/(1+10%)^1)+ )+($250/(1+10%^2)+($250/(1+10%^3)... and so on until year 10

NPV= $1,786,14

And then you calculate the future value of this answer:

VF= $1,786,14*(1+10%)^10

VF=$4,632.79

d. First, you must convert the annual interest rate into semi-annually interest

10% Annually effective is 4,88% Semi-anually effective

NPV=$125+($125/(1+4,88%)^1)+ )+($125/(1+4,88%^2)+($125/(1+4,88%^3)... and so on until period 20

NPV=$1,698.75

And then you calculate the future value of this answer:

VF= $1,698 *(1+10%)^10

VF=$4,405.37

The investment that will have the highest future value is option b.

3 0

3 years ago

1. ______control environment risk assessment control procedures monitoring information and communication.2. ______provides reaso

Yuki888 [10]

Answer:

Five internal controls
Control procedures.
Risk Assestment.
Information and communication.
Monitoring.
Control environment.

Explanation:

1. Five internal control environment risk assessment control procedures monitoring information and communication.2. Control procedures provides reasonable assurance that business goals will be achieved.3. Risk assessment identify, analyze and assess likeliness of vulnerabilities.4. Information and communication used by management for guiding operations and ensuring compliance with requirements.5. Monitoring used to locate weaknesses and improve controls.6. Control environment overall attitude of management and employees

There are five internal control management that help in controling and managing overall work environment.

4 0

3 years ago

Microsoft Windows at one time would have been considered this type of monopoly?

TEA [102]

Microsoft was considered a monopoly in the late 90's because there was effectively no other option than to use Windows, so Windows had monopoly market power, especially in the "Business Operating System" market.
Microsoft could set prices for users, and dictate user's behavior.

6 0

3 years ago

ppreciation of the euro relative to the U.S. dollar will cause a U.S.-based MNC's reported earnings (from the consolidated incom

Tems11 [23]

Answer:

Decrease or fall, Purchasing

Explanation:

Appreciation is the term which is defined as the increase in the currency value relative to the another currency, which could be exchanged for a huge amount of foreign currency.

So, when there is appreciation in euro in relation to US dollar, it cause US grounded MNC reported earnings to decrease as the US dollar will not be exchanged because euro is appreciated.

And when the firm desire to reduce the exposure to the exchange rate movements, it might stabilize the reported earnings through purchasing the euros in the foreign exchange market.

6 0

3 years ago

Southwest Pediatrics has the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $121,000; All

kogti [31]

Answer:

Bad debt expense $ 26,300

Allowance for Uncollectible Accounts $ 26,300

Explanation:

Initial Balance

Accounts Receivable $ 121,000

Allowance for Uncollectible Accounts $ 2,100 - Debit

Bad Debts Expense = 20% / Accounts Receivable $ 24,200

Adjusting Entry

Bad debt expense $ 26,300

Allowance for Uncollectible Accounts $ 26,300

Final Balance

Accounts Receivable $ 121,000

Allowance for Uncollectible Accounts $ 24,200 - Credit

Accounts Uncollectible are those credit that the company give and there are not chances of been collected.

When the customers buy products on credits but then the company can't collect the debt, then it's necessary to write off the unpaid bill as uncollectible

One way it's to write-off directly the bad debts at the moment decided that the credit are uncollectible, the total amount it's reported as bad debt expenses which affect negativly the income statement and the accounts receivable are reduce in the same amount, less assets.

The other way it's to determine a percentage of total amount of accounts receivables as uncollectible, exist many ways to analize the accounts receivable and figure the value of uncollectible.

When the company have the percentage of uncollectible accounts the journal entry required is Bad Expenses (debit) with Allowance for Uncollectible Accounts (credit)

At the moment of the write-off as the expenses were before recognized we only use the Allowance for Uncollectible Accounts (Debit) with Accounts Receivable (Credit), with this we are recognizing the uncollectible credit of the company.

6 0

3 years ago