In order to compute for the effective annual rate, the
working equation would be [( 1 + i/n)^n] – 1. The i
corresponds to the nominal rate while n is the number of compounding periods
per year which in this case is 12. The answer would be 5.116%.
When performing work, there are specific requirements depending on which work Hayleah performs and these are <u>B) </u><u>Government </u><u>auditing </u><u>continuing education </u><u>requirement</u>
When dealing with governmental accounting:
- There are certain rules that must be followed.
- The specific rules imposed are to ensure better management of tax payer funds.
As a result, when a California CPA is involved in governmental work, specific rules known as the government auditing continuing education requirements will most likely apply.
In conclusion, option B is correct.
Find out more about different accounting standards at brainly.com/question/24441480.
Answer:
Amount after 15 years = 183255.011
Explanation:
Below is the calculation to find the amount after 15 years:
Annuity amount or early deposited amount = $5200
Time period = 15 years
Interest rate = 11.3 %
Now we have to find the amount after 15 years:
Amount after 15 years = Annuity [((1 + r)^n - 1) / r ]
Amount after 15 years = 5200 [((1 + 11.3)^15 - 1) / 11.3% ]
Amount after 15 years = 183255.011
Answer:
A) the lessee records an asset and a liability for the present value of lease payments.
Explanation:
In a finance lease, the lessee business must estimate the present value of its obligations under the lease contract (using the lease's interest rate as the discount rate) and record it in the balance sheet as:
- a debit entry under the fixed asset account
- a credit entry under the capital lease liability account
Answer:
Mark Parker has been very effective as a strategist for the following reasons:
Explanation:
- He has been able to keep Nike's brand equity.
- His policies on HR has generated an effect which translated to increased motivation for his employees to commit to the attainment of the company's objectives
- A strategist must be able to make plans and execute them. Nike's strategy is a customer-centric one. Mark was able to, regardless of the economy, ensure that Nike's products were consumer-centric and that the business units in charge of each aspect of Nike's operations were able to deliver their best.
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