Answer:
A) Q1 = 20 and Q2 = 60
Explanation:
Please find the attached file with the solution.
Answer:
Objectively assess a company's IT and/or business processes.
Assess the company's risks and the efficacy of its risk management efforts.
Ensure that the organization is complying with relevant laws and statutes.
Evaluate internal control and make recommendations on how to improve.
Answer:
B. The NFP is acting as an agent, receiving the contribution on behalf of another organization.
Explanation:
When the Not for profit organization acts as an intermediary then it would record the contribution it received from some organisation towards some different third organisation.
As the amount does not belong to Not for Profit organisation, and then it needs to further pay such amount to different party or organisation to which it belongs, and on behalf of which the Not for Profit organisation collected such amount.
Answer: $41,960
Explanation:
The direct costs for the Cosmetics department will be those ones that are directly related to the sales of cosmetics and the running of the department and the cost of selling the units.
Direct Costs = Cosmetics Department sales commissions--Stardust Store + Cosmetics Department cost of sales--Stardust Store + Cosmetics Department manager's salary--Stardust Store
= 5,300 + 32,400 + 4,260
= $41,960
Answer:
At a discount rate of zero percent this investment has a net present value of 6000, but at the relevant discount rate of 17 percent the project's net present value is -5739.
Explanation:
See document attached. To get the net present value, we make a cash-flow in excel.
At moment the investment is =$-36,000
Moment 1 and 2 = $12,000 /moment 3 =$18000
We calculate the Net cash flow (that is the difference between benefits and cost).
To get net present value, we use VNA formula.
=VNA(required rate of return; Net cash flow from moment 0 to moment 3 )+Net cash flow at moment 0
Situation 1
Interest rate 0%
Net Present Value (NPV) 6000
Situation 2
Interest rate 17%
Net Present Value (NPV) -5739
