Answer:
$44,928,000
Explanation:
The fact that 416,000 received a refund of $3,600 each means that the tax authority would lose the interest income that could have been generated on the total refund amount based on a 3% interest rate of return.
Lost annual income=number of people who got refund*average refund per person*interest rate of return
number of people who got refund=416000
average refund per person=$3,600
the interest rate of return=3%
Lost annual income=416,000*$3,600*3%
Lost annual income=$44,928,000
Conducting monetary policy
Supervising and regulating depository institutions
Maintaining the stability of the financial system
Answer:
Company should load 1,479.9 motorcycles on each truck.
Explanation:
Cost per trip = $1,000
Demand for motorcycles = 300 per day
Cost per engine = $500
Holding cost = 20% of $500
= $100
Assuming that company plant works for 365 days in a year,
Annual demand = 300 motorcycles × 365 days
= 109,500 motorcycles

where,
D = Annual demand in units
S = Set up cost per order
H = Handling cost per order



= 1,479.9
Thus, the company should load 1,479.9 motorcycles on each truck.
Answer:
Printer set up error
Explanation:
The best internal control to detect this error, is to do a quick check on the printer set.
Answer:
Is often gathered BEFORE primary data
Explanation:
:)