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JulijaS [17]
3 years ago
15

Which of the following is true about certified public accountants (CPAs)?

Business
1 answer:
Artist 52 [7]3 years ago
3 0

Answer:

A. CPAs work for government agencies and corporations.

Explanation:

Certified public accountant (CPA) is the title for skilled, competent, and professionally trained accounts. Accountants play a significant role in any organization's success, be it a business-oriented, government institution, or not-for-profit organization. Employers seek and employ qualified and certified accountants to work in their organizations.

Both the public and private sector engage the services of certified account to take charge of accounting and financial management. The objective is to ensure that financial transactions are recorded correctly, and the financial statement reflects the true picture of the organization as per the generally accepted accounting principles.

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Bassett Fruit Farm expects its EBIT to be $373,000 a year forever. Currently, the firm has no debt. The cost of equity is 13.2 p
julia-pushkina [17]

Answer:

The correct answer is $1,836,742.42.

Explanation:

According to the scenario, the given data are as follows:

EBIT = $373,000

Cost of equity = 13.2%

Tax rate = 35%

So, we can calculate the unlevered value of the firm by using following formula:

Unlevered value of the firm = EBIT × (1 - TAX RATE) ÷ COST OF EQUITY

By putting the value, we get

Unlevered value of the firm = $373,000 × ( 1 - 35%) ÷ 13.2%

= $373,000 × 0.65 ÷ 0.132

= $242,450 ÷ 0.132

= $1,836,742.42

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3 years ago
Since telecommuting has become more common, workers have needed to develop communications skills that _______.
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Correct Answer, D all of the above. Each answer is a positive source of communication for telecommuters.


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4 years ago
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Who receives the goods or services from the lottery
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The person who wins!!!!!!!!!!!!!


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3 years ago
According to the National Association of Realtors, the mean sale price for existing homes in the United States in 2011 was $214,
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49.9%

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The Washington, D.C.-based Heritage Foundation survey consists of over 178 countries ranked by degree of economic freedom. The k
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Answer:

percent foreign ownership.

Explanation:

The twelve freedoms included in the Heritage Foundation of Economic Freedom index are divided into four main categories:  

Rule of law

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