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belka [17]
3 years ago
8

Which of the following statements is CORRECT? a. Prior to the Enron scandal in the early 2000s, companies would put verbal infor

mation in their annual reports along with the financial statements. That verbal information was often misleading, so today annual reports can contain only quantitative information—audited financial statements. b. The annual report is an internal document prepared by a firm's managers solely for the use of its creditors/lenders. c. Assets other than cash are expected to produce cash over time, and the amounts of cash they eventually produce should be exactly the same as the amounts at which the assets are carried on the books. d. The primary reason the annual report is important in finance is that it is used by investors when they form expectations about the firm's future earnings and dividends and the riskiness of those cash flows. e. The four most important financial statements provided in the annual report are the balance sheet, income statement, cash budget, and the statement of stockholders' equity.
Business
1 answer:
Stels [109]3 years ago
7 0
It is that because it’s just that
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Webster Corporation's budgeted sales for February are $318,000. Webster pays sales representatives a commission of 5% of sales d
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Answer:

The aggregate budgeted selling expense for the month of February amounts to $20,900

Explanation:

Selling expense budget is the plan which estimate the selling expense which happen in that period or year or month. It is related to the marketing as well as selling the product to customers. And involve advertising expense, commission, delivery cost and signs.

The aggregate budgeted selling expense for the month of February is computed as:

Aggregate budgeted selling expense = Commission + Monthly Salary of Sales manager + Advertising expense

where

Commission is as:

Commission = Sales × 5%

= $318,000 × 5%

= $15,900

Monthly Salary of Sales manager is $3,700

Advertising expense is $1,300

So,

Aggregate budgeted selling expense = $15,900 + $3,700 + $1,300

Aggregate budgeted selling expense = $20,900

8 0
3 years ago
Village East expects to pay an annual dividend of $1.40 per share next year, and $1.68 per share for the following two years. Af
VashaNatasha [74]

Answer:

$15.15

Explanation:

Given:

  • D1 = $1.4
  • D2 = $1.68  
  • Growth = 3.4% = 0.034
  • Discount rate = 13.7 % = 0.137

As we know that:

  • P3= ($1.68 × (1+034)) / (0.137 - 0.034)= $16.86

So, P0:

= $1.40 / 1.137 + $1.68 / 1.1372 + ($1.68+ $16.86)/ 1.1373

= $15.15

Hope it will find you well.

8 0
3 years ago
As described in the chapter case, which of the following constitutes a managerial element of the UPS tracking system?A) The web-
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Answer:

the correct answer is C

Explanation:

As described in the chapter case, which of the following constitutes a managerial element of the UPS tracking system?

C) The decision to use automation

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It has been estimated that there are over 300 varieties of psychopathology. These have been divided into eleven major classes.
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