Answer:
The correct answer is B) auditors are concerned with the client's internal controls over the safeguarding of assets if they affect the financial statements.
Explanation:
Based on the theoretical concept, it can be said that the main scopes of a well structured system of internal controls are:
- Promote reliability and impartiality in the production of financial reports.
- Provide timely and easily accessible information, which allows efficient and effective conduction of business processes.
- Ensure compliance with internal processes and actions in general to the objectives of strategic planning, avoiding deviations from the guidelines.
- Safeguard the company's assets, supporting risk management and minimizing eventual financial losses caused by poor management.
Answer:
B. $2,732,000.
Explanation:
After-tax operating income (ATI) = $3,200,000
Weighted-average cost of capital (WA) = 9%
Assets (A) = $7,000,000
Liabilities (L) = $1,800,000
Economic value added (EVA) is given by:
![EVA = ATI -[(A-L)*WA]\\EVA = \$3,200,000 - [(\$7,000,000-\$1,800,000)*0.09]\\EVA = \$2,732,000](https://tex.z-dn.net/?f=EVA%20%3D%20ATI%20-%5B%28A-L%29%2AWA%5D%5C%5CEVA%20%3D%20%5C%243%2C200%2C000%20-%20%5B%28%5C%247%2C000%2C000-%5C%241%2C800%2C000%29%2A0.09%5D%5C%5CEVA%20%3D%20%5C%242%2C732%2C000)
Endotrope's economic value added is $2,732,000
<em>If the marketing managers at Peyton Bike's Inc. decide to sell each bike at a price lower than $2,000 per unit</em><em>, a shortage of bikes will be created.</em>
<h3>Why are bikes in short supply?</h3>
As a result, additional problems like plant shutdowns and disruptions as well as the unheard-of increase in bike orders during the peak of the coronavirus pandemic have added to the supply chain difficulties. The sector has never before experienced such a massive increase in demand as it has over the past two years.
learn more about<em> </em>shortage of bikes here <u>brainly.com/question/13000057</u>
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365000 - 165000 = $215,000
This gives you the Orlando sales.
215000 x 1.27 (27%) gives you the contribution margin for Orlando store
Answer is : $273,050
Answer:
Universality of management
Explanation:
As the name suggest the management is universal that means the same technique, same procedure, policies, rules, regulations, etc are applicable in all level of the organizations i.e top, middle and lower level of management plus it also applies on the various size of the organizations and the working locations so that the efficiency and effectiveness of the task or work could be done in a smooth manner
