Increasing the effectiveness of internal controls would have the greatest effect on r<span>educing the control risk.</span>
The risk control includes evaluation of potential losses and actions to reduce or eliminate risks. The potential risk factors in a firm's operations are identified (technical and non-technical aspects of the business, financial policies, and other policies).
Answer:
1.
Option B is the correct answer.
2.
Dividends Paid = $55 million. Thus, option C is the correct answer.
Explanation:
1.
The statement about shareholders' equity given in option A that it is the difference between the paid-in capital and retained earnings is incorrect as the retained earnings are a part of the equity of shareholders and are included in the calculation of shareholders' equity. Thus, option B is the correct answer.
2.
The Net Income earned by a company is usually treated in two ways. It is either paid out as dividends to the shareholders or is retained in the business and transferred to the retained earnings account or both. Thus, we can calculate the amount of dividends paid by the following equation.
Closing balance of retained earnings = Opening balance of retained earnings + Net Income for the period - Dividends Paid
700 = 595 + 160 - Dividends Paid
700 + Dividends Paid = 755
Dividends Paid = 755 - 700
Dividends Paid = $55 million
Answer: B) The costs were highly diffused while the benefits were very concentrated
Explanation: The American Recovery and Reinvestment act was enacted by congress and passed into law in 2009. The act which was aimed at alleviating the burden and promoting economic growth after the 2008 recession. It was meant to serve as a palliative or stimulus to aid economic recovery. The $7 million proposal earmarked to erect a bridge over the railway crossing was passed into law due to the fact that the benefits, relief and succor which the bridge provides to the over 168 Nebraskans coupled with the subsidized or diffused cost of putting the bridge in place were decisive factors towards acceptance of the proposal.
Answer:
cost formula: Total cost = F + (V x Q) = $4,500 + ($0.75 x Q)
- F = fixed costs = $4,500
- V = variable costs = $0.75 per guest day
- Q = number of guest days
Explanation:
month occupancy supplies expenses
march 4,000 $7,500
april 6,500 $8,250
may 8,000 $10,500
june 10,500 $12,000
july 12,000 $13,500
august 9,000 $10,750
september 7,500 $9,750
high activity level 12,000 $13,500
low activity level 4,000 $7,500
variation 8,000 $6,000
variable cost per guest-day = $6,000 / 8,000 = $0.75
fixed costs per month = $13,500 - (12,000 x $0.75) = $4,500
cost formula: Total cost = F + (V x Q)
F = fixed costs = $4,500
V = variable costs = $0.75 per guest day
Q = number of guest days
<span>If local shell gasoline stations look at bp stations' prices as the primary method of determining its own prices, shell is using</span> competition-based pricing.
In this we considers costs have not much value and consider to be less important than competitor's prices, means competitor's price is important.
