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This period is referred to as the period of organogenesis.
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Answer:Explained below
Explanation:
Auditor is one who conducts audit.Auditors are professionals who evaluate the reports of companies to safeguard the rationality and legality of their financial records. They can also take action in consulting role to recommend possible risks .
The primary Purpose could be Classification and Understandability & Valuation and Allocation of resources or assets
Answer:
Sell before assembly, the company will be better off by $1 per unit.
Explanation:
Given that,
Unit cost of the unassembled product = $24
Selling price of unassembled product = $54
Estimated cost to assemble the product = $18
company believes the market would support a price (on the assembled unit) = $71
Profit from Unassembled product:
= Selling price - cost
= $54 - $24
= $30
Assembled product cost = $24 + $18
= $42
Profit from assembled product:
= Selling price - cost
= $71 - $42
= $29
Hence, Sell before assembly, the company will be better off by $1 per unit.
Answer:
Factor that increases the supply of saving: High rate of return
Factor that increase the demand for saving: Confidence in return of business in the future, low rate of interest
Explanation:
Interest rates impacts the rate at which borroweres lend money which in turn determines the influx of savers (lenders). For example, if a business owner lacks the funds to raise capital for business (investment), the next route is usually to borrow money. Money is only borrowed when there is confidence in the business as most times, loans are repaid in the future. Also, if the interest rates are low, it's easier to pay back the loan but if the interest rates are high, this could affect the loan payback in due time (especially if the returns on the investment made or the profits made for the business is not enough to pay back the interest). This factor affects the demand for savings.
The demand for saving ultimately affects the supply of savings because with low demand of borrowing and a high supply of savings leads to a low interest rate, and a low interest rates doesn't appeal investors to save more money. This is simply the law of demand that states demand decreases when the rate of return is high. While the law of supply states that supply increases when the rate of return is high.
The effects of these factors on investment: rate of return changes the flow of influx of investors as one would only want to invest when the compund interest would be high irrespective of the permissible risk involved.
The confidence in an investment would also affect the rate at which one would demand for savings (loans) towards that investment.
