Answer:
The correct answer is letter "A": Analytical review.
Explanation:
Substantive procedures are those steps auditors take to confirm the accuracy of the Financial Statements being checked. This activity aims to confirm if there are transactions recorded incorrectly in a company's books. Some examples of substantive procedures are <em>bank account confirmation, observation of the firm's physical inventory, </em>or<em> analytical review of the assets, liabilities, and revenue</em>.
Recession is the most associated word to "contraction" as, by definition, a recession is a decline in economic growth (as measured by GDP) in two consecutive periods of measurement.
Answer: b. $ 1,900,000
Explanation:
The Net Increase in PBO can be calculated by the formula;
= Prior service cost + Service cost + Interest on the PBO - Benefits paid
= 1,700,000 + 400,000 + 190,000 - 390,000
= $1,900,000
Answer:
$570,600
Explanation:
The formula for calculating break-even is:
Fixed Cost / Contribution per unit
The contribution per unit is calculated as, Sales - Variable cost.
Hence the break-even is,
399420 / 112 = 3566.25,
To get this in monthly dollar sales:
3566.25 * 160 = $570600.
Hope this Helps,
Good Luck.
Answer:
stock price = 166.667
Explanation:
given data
dividend = $2 per quarter
dividend yield = 4.8%
to find out
What is the stock price
solution
we know that Dividend = $2 per quarter = 2 × 4 = $8 per annual
and dividend yield on the stock is given = 0.048
so stock price will be here as
stock price = ................1
put here value we get
stock price =
stock price = 166.667