____ are specialized accountants who look for evidence of improper accounting methods.

Identify characteristics of a consumer loan in the following list. Check all that apply.

frozen [14]

Answer:

Has a formal, negotiated contract Used for a one-time transaction for a specific purpose

Explanation:

A consumer loan is when a person borrows money to form a lender that may be secured or unsecured and they include any types of the mortgages, the refinances, home equity lines of credit, and the credit cards.

Along with auto loans and the home loans and personal loans. As they are a type of the installments they can be negotiated and used for a one-time basis and for a specific purpose.

8 0

3 years ago

Goodwin Technologies, a relatively young comply, has been wildly successful but has yet to pay a dividend. An analyst forecasts

aleksandrvk [35]

Answer:

Horizon value is $22.59

Intrinsic value is $16.32

Explanation:

D3=1.5000

D4=1.5000*(1+7.8%)

D4=1.6170

D5=1.6170 *(1+7.8%)

D5=1.7431

D6=1.7431 *(1+3.42%)

D6=1.8027

horizon value is the same as the price of the stock(the terminal value) using the dividend in year 6

P=D5*(1+g)/(r-g)

D5=$1.7431

g is the constant growth rate of 3.42%

r is the required rate of return of 11.40%

P=$1.7431*(1+3.42%)/(11.40%-3.42%)

P=$1.8027/0.0798 =$22.59

Goodwill Technologies share price is $22.59

Current intrinsic value is the dividends payable in relevant years plus the horizon value discount to present value as follows:

Present value of D3 =1.5000/(1+11.40%)^3=$1.0850

present of value of D4 =1.6170 /(1+11.40%)^4=$1.0500

present value of D5 =1.7431 /(1+11.40%)^5=1.0160

present value of horizon value=$22.59/(1+11.40%)^5=13.1671

Total present values $16.32

8 0

3 years ago

Role o vision, mission,and objectives in entreprenial development in Nigeria businesses? Pls describe

-Dominant- [34]

Answer:

Developing a vision and mission statement is crucial to the success of community initiatives. These statements explain your group's aspirations in a concise manner, help your organization focus on what is really important, and provide a basis for developing other aspects of your strategic plan

Explanation:

it help u

3 0

3 years ago

Mary Jarvis is a single individual who is working on filing her tax return for the previous year. She has assembled the followin

natali 33 [55]

Answer:

a. What is Mary’s federal tax liability?

$20,243.75

b. What is her marginal tax rate?

25%

c. What is her average tax rate?

average tax rate for ordinary income = $18,293.75 / $90,000 = 20.33%

average tax rate on all of Mary's taxable income (including long term capital gains) = $20,243.75 / $103,000 = 19.65%

Explanation:

Since the personal exemption is $4,000, I assume that this question takes place during 2015.

total ordinary income = $82,000 (salary) + $12,000 (dividend income) + $5,000 (interest income) + $2,500 (short term capital gains) = $101,500

long term capital gains = $13,000

taxable ordinary income = $101,500 - $4,000 - $7,500 = $90,000

tax liability on ordinary income = $5,156.25 + [($90,000 - $37,450) x 25%] = $18,293.75

tax liability on long term capital gains = $13,000 x 15% = $1,950

total tax liability = $20,243.75

6 0

3 years ago

nformation concerning Johnston Co.'s direct materials costs is as follows: Standard price per pound $ 6.45 Actual quantity purch

Dmitry [639]

Answer:

f. $615

Explanation:

The standard cost for 2,850 pounds is $18,328.5 (=$6.45 * 2,850)

Materials purchase-price variance–favourable $855; it means standard price is higher and actual material price. Then we have actual cost for purchased 2,850 pounds is $17,527.5 (=$18,328.5-$855)

Then the actual price per pound $6.15 (=$17,527.5/2,850)

The difference between purchased and actual quantity used is 100 pounds (= 2,850 pounds - 2,750 pounds)

The direct materials usage variance for the period is $650 (= $6.15 * 100 pounds)

4 0

3 years ago