Answer:
c. Audit firm name
Explanation:
Audit documentation is evidence for the work performed and conclusions drawn in an audit. it also provides a basis with which all future audits can be performed.
the important constituents of the heading of a workpaper:
1. client name
2. client balance sheet dat
3. a descriptive explanatory title.
Therefore, The item that would typically not be included in the heading of a workpaper is Audit firm name
Answer:
correct option is c. 2,200,000
Explanation:
given data
exchanged = 40,000 shares
common stock = $10
cost = $40
fair value = $55 per share
originally issued = $30 per share
to find out
total stockholders' equity will increase
solution
we will find stockholders' equity that is increase by as given formula
Increase in total shareholder's stock equity = No. of shares × Fair value per share ................1
put here value
Increase in total shareholder's stock equity = 40,000 × $55
Increase in total shareholder's stock equity = $2,200,000
so correct option is c. 2,200,000
Answer:
Net asset value is $4,104,500 in total and $63.15 per share
Explanation:
Stock Shares Price Total value (Share x Price)
A 13,500 $83 $1,120,500
B 33,000 $16 $528,000
C 20,000 $59 $1,180,000
D 71,000 $21 <u> $1,491,000</u>
Total <u>$4,319,500</u>
Net Asset = $4,319,500 - $215,000 = $4,104,500
NAV = $4,104,500 / 65,000 = $63.15 / share
To know how much will be you collection worth when you retire
in the year 2064, we will use the formula of the future value or FV.
To find the FV of a lump sum, we use:
<span>
FV = PV(1 +r<span>)^t where,</span>
t = 2064 – 1952 = 112
r = 4.5 x 100 = 0.45
PV = $54
Solution:
t<span>FV = $54(1.045)^112 = $7471.68</span></span>
Answer
- A) Capital budgeting
- B) Capital Structure
- C) working capital management
Explanation:
- Capital Budgeting: The new product requires investments, therefore businesses are more likely to evaluate the decision of preceding it. So, in brief, it's a method used by companies to assess if a new product should be introduced or not.
<em>Since</em> the company has opted to launch the new product, it has made a capital budgeting decision. In which the company has assessed the risks, benefits and costs associated with the product.
Capital Structure: As the name reflects, businesses have a structure which is a mix of debt + equity to finance the company. Company obliges to identify that where it's investment would come from by assessing its capital after the new product decision is made.
<em>Hence,</em> when company sells it's stock, it is basically creating an investment for its new product.
Working capital management: A process through which companies ensure efficient and effective operations by assessing and managing their working capital. Working capital includes current assets (highly liquid assets) and liabilities.
<em>Therefore,</em> when the company sets its inventory and production levels, it is trying to make its production efficient and effective with sufficient inventory at hand.
