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Sergio [31]
3 years ago
13

All of the following are factors in the fraud triangle except A. Ethical behavior of an individual B. Materiality of the assets

C. Opportunity to gain access to assets D. Pressure exerted on an individual at home and job related
Business
1 answer:
Verdich [7]3 years ago
6 0

Answer:

Materiality of the assets

Explanation: Materiality is known to as misstatements, including omissions, and these are considered to be material if they, individually or in the aggregate, could reasonably be expected to influence the economic decisions of users taken on the basis of the financial statements.

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The economy, as a system, represents the
telo118 [61]
The economy, as a system, represents the flow of the resources from the production through consumption. In fact, economy is the line of production and distribution and as well as the consumption of the goods and services in any given areas around the globe.
4 0
3 years ago
Johnson Battery Systems recently reported $9,000 of sales, $6,000 of operating costs other than depreciation, and $1,500 of depr
muminat

Answer:

$1,100

Explanation:

EBIT = Sales - Costs - Depreciation

       = $9,000 - $6,000 - $1,500

       = $1,500

Net income = EBIT - Tax @ 40%

                    = $1,500 - $600

                    = $900

Operating cash flow = Net income + Depreciation

                                  = $900 + $1,500

                                  = $2,400

Free cash flows:

= Operating cash flow - Increase in working capital - Capital expenditure

= $2,400 - $500 - $800

= $1,100

8 0
3 years ago
Lucas Laboratories' last dividend was $1.50. Its current equilibrium stock price is $15.75, and its expected growth rate is a co
Elis [28]

Answer:

Expected dividend yield = 10.0%

Expected capital gains yield =  5.0%

Explanation:

D0 = $1.50 (Given)

E(D1) = D0 * (1 + g) = $1.50 * (1.05) = $1.575

E(P0) = $15.75 (Given)

E(P1) = $15.75 * (1.05)1 = $16.5375

Expected dividend yield = E(D1) / E(P0)

= $1.575 / $15.75 = 0.100 = 10.0%

Expected capital gains yield = (E(P1) - E(P0)) / E(P0)

($16.5375 - $15.75) / $15.75 = 0.050 = 5.0%

4 0
3 years ago
Control based on the use of pricing mechanisms and economic information is referred to as:
soldier1979 [14.2K]
It is referred as market control<span />
3 0
3 years ago
A project that cost $80000 with a useful life of 5 years is being considered. Straight-line depreciation is being used and salva
just olya [345]

Answer:

22%

Explanation:

Net income = Annual cash flow - Depreciation

Net income = 24350 - (80,000-5,000 / 5)

Net income = 24350 - 15,000

Net income = $9350

Average investment = Beg. value + End. Value / 2

Average investment = 80,000 + 5,000 / 2

Average investment = $42,500

Annual rate of return = Net income / Average investment * 100

Annual rate of return = $9350 / $42,500 * 100

Annual rate of return = 0.22 * 100

Annual rate of return = 22%

7 0
3 years ago
Read 2 more answers
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