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disa [49]
3 years ago
8

The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6​ weeks:

Business
1 answer:
Lynna [10]3 years ago
3 0

Answer:

The forecasted demand for the week of October 12 using a 3-week moving average is 376,710

Explanation:

a) Data

21-Sep  383,383

28-Sep 368,368

5-Oct    378,378

Total  1,130,129

Average = 1,130,129/3 = 376,710

b) To calculate the moving average, the quantities for three weeks' demand are added and divided by 3.  This shows that the average demand for type A blood at the Damascus Hospital will be 376,710, going by the figures provided.  If the correct figures should have been 383, 368, and 378, the average would have equal to 376 pints.

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Which statement best describes the Federal Deposit Insurance Corporation's (FDIC) requirements for auditor independence
Margarita [4]

Every organization has its own rules. The statement that best describes the Federal Deposit Insurance Corporation's is that The FDIC has issued policy statements that address auditor independence in various contexts.

  • Independence in auditing needs integrity and an objective way in all audit process. It also requires the auditor to perform his or her task freely and in a focused way.

The Independence of the internal auditor is simply known as the freedom  from parties or people whose interests can be harmed by the outcomes of an audit.

See full question below

Which statement best describes an element of the Federal Deposit Insurance Corporation's (FDIC) requirements for auditor independence?

FDIC independence requirements incorporate requirements for attorneys and actuaries.

FDIC independence requirements mirror the AICPA and DOL independence rules.

The FDIC has issued policy statements that address auditor independence in various contexts.

The FDIC has adopted regulations that incorporate IESBA independence rules.

Previous question

6 0
3 years ago
What are the two related, but distinct processes involved in approach-oriented emotion-focused coping??
Alekssandra [29.7K]

Answer:

Emotional Processing and Emotional Expression

Explanation:

In order to respond to emotional situations, two approaches are involved in approach-oriented emotion-focused coping:

<em>i) Emotional processing: </em>reflects how individuals process stress related events and move past them. In the event of re-occurrence of the events, the individuals will not be as disrupted as when the instance first occurred.

<em>ii) Emotional expression: </em>entails communicating and sharing emotions expressly i.e. whether verbally or non-verbally. Expressive writing on emotional disclosure e.g by use of journals, is known to help individuals to overcome previous depressive symptoms.

3 0
4 years ago
Patterson Brothers recently reported an EBITDA of $5.5 million and net income of $1.5 million. It had $2.0 million of interest e
Vilka [71]

Answer:

Depreciation & amortization = $1 million

Explanation:

The EBITDA is the earning of the company before interest, tax and depreciation and amortization deduction.

To calculate the Net Income from EBITDA, we subtract the charges for depreciation, amortization, interest and taxes.

Thus, net income is,

Net income = EBITDA - Depreciation & amortization - Interest - Tax

The tax is deducted from EBT which is earnings before tax. It is calculated by deducting the depreciation & amortization and interest from EBITDA. Thus, after deducting tax from EBT, we get net income. We can say that if tax is 40% it means that tax is 40% of EBT and net income is the remaining 60% of EBT.

Thus, if 60% of EBT is 1.5 million, then total EBT is,

EBT = 1.5 / 0.6  = $2.5 million

So, tax is = 2.5 * 0.4 = $1 million

Plugging in the values available in the net income formula,

1.5 = 5.5 - Depreciation & amortization - 2 - 1

1.5 + Depreciation & amortization  =  5.5 - 3

Depreciation & amortization = 2.5 - 1.5

Depreciation & amortization = $1 million

5 0
4 years ago
The amount of depreciation expense for a fixed asset costing $95,000, with an estimated residual value of $5,000 and a useful li
pychu [463]

Answer:

The correct answer is False.

Explanation:

According to the scenario, the computation of the given data are as follows:

First we calculate the depreciation cost per hour, then

Depreciation cost per hour = ($95,000 - $5,000) ÷ 20,000 hours

= $4.50 per operating hour

So, Depreciation cost for 4,500 hours can be calculated as follows:

Depreciation cost for 4,500 hours = $4.50 × 4,500

= $20,250

5 0
3 years ago
Santa Fe Retailing purchased merchandise "as is" (with no returns) from Mesa Wholesalers with credit terms of 3/10, n/60 and an
saveliy_v [14]

Answer:

Santa Fe Retailing ( Buyer )

<u>(a) the purchase,</u>

Merchandise $24,900 (debit)

Account Payable - Mesa Wholesalers $24,900 (credit)

<em>Being Recognition of Merchandise Purchased</em>

<u>(b) cash payment within the discount period,</u>

Account Payable - Mesa Wholesalers $24,153 (debit)

Cash $24,153 (credit)

<em>Being Recognition of Payment Made</em>

<u>(c) cash payment after the discount period</u>

Account Payable - Mesa Wholesalers $24,900 (debit)

Cash $24,900 (credit)

<em>Being Recognition of Payment Made</em>

Mesa Wholesalers ( Seller)

<u>(a) the purchase, </u>

Trade Receivable - Santa Fe Retailing $ 24,900 (debit)

Revenue $ 24,900 (credit)

<em>Being recognition of Revenue on Sale</em>

Cost of Sales $16,982 (debit)

Merchandise $16,982 (credit)

<em>Being recognition of Cost of Sale</em>

<u>(b) cash payment within the discount period</u>,

Cash $24,153 (debit)

Trade Receivable - Santa Fe Retailing $24,153 (credit)

<em>Being Recognition of Payment Received</em>

Discount Allowed $747 (debit)

Trade Receivable -  Santa Fe Retailing $747 (credit)

<em>Being Recognition of Discount Granted to Customer</em>

<u>(c) cash payment after the discount period</u>

Cash $24,900 (debit)

Trade Receivable - Santa Fe Retailing $24,900 (credit)

<em>Being Recognition of Payment Received</em>

Explanation:

Santa Fe Retailing ( Buyer )

Buyer Recognizes Assets of Merchandise purchased and de-recognise cash when payment is made

Mesa Wholesalers ( Seller)

Seller Recognises revenue and Cost of Sale on the date of Sale

Seller also recognise Cash Receipts and Discount Allowed Expense (whenever payment is made within 10 days as in our case)

7 0
3 years ago
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