Answer:
The isn't in the constitution against it.
Answer:
C. Stated qualifications of the entity's accounting personnel
Explanation:
According to my research of the steps that are usually taken when compiling the financial statements of a non-issuer, it can be said that the accountant should know the stated qualifications of the entity's accounting personnel. This is because they should know what the qualification are of the accountant that initially made all the financial statements to see if they actually knew what they were doing.
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Answer:D. 0.05 x (l-t*) = 0.07
Explanation: The break even tax rate is the tax rate at which industry players don't find it advantageous or disavantageous to invest in an economy, any tax rate higher than the break even tax rate will cause investors to loss certain amount of profits.
A tax rate below the break even tax rate will cause investors to want to make investment decisions as it will be beneficial and profitable to invest more money into the economy.
Calculation:
7/100=5/100(I-t*),the break even tax rate can be expressed as
=0.07=0.05*(I-t).
Answer:
1.54
Explanation:
As we know that
The DuPont Analysis is
ROE = Profit margin × Total assets turnover × Equity multiplier
So we considered this formula for Manufacturer A and Manufactured B
Profit margin × Total assets turnover × Equity multiplier = Profit margin × Total assets turnover × Equity multiplier
2.0% × 1.7 × 4.9 = 2.3% × Asset turnover × 4.7
16.66% = 10.81% × Asset turnover
So, the asset turnover is 1.54
We equate this formula for both Manufactured A and manufactured B
