Answer:
C.
Explanation:
The best test to detect register disbursement schemes would be to Identify customer sales posted to one credit card and refunds posted to another credit card. This is because a register disbursement scheme is a type of fraud in which the employee replicates an old transaction with a new one while at the same time replacing the transaction type from debit to credit and vice-versa, in order to justify the cash withdrawal.
Answer:
Production= 60,740
Explanation:
Giving the following information:
Sales= 59,700
Beginning inventory= 6,410
Desired Ending inventory= 7,450
<u>To calculate the production for the year, we need to use the following formula:</u>
Production= sales + desired ending inventory - beginning inventory
Production= 59,700 + 7,450 - 6,410
Production= 60,740
Answer:
Q1. Selena will have earned <em><u>$ 25.00</u></em> in interest by the end of the year.
Since interest paid is 5% in simple interest, we can calculate that by using the formula:
Q2. The balance in Suki's account at the end of two years will be <em><u>$866.2854.</u></em>
This means that she will have earned <em><u>$66.2854</u></em> in interest.
Since interest is compounded quarterly, Suki will receive interest for 8 periods. The formula for compound interest with more than one interest period per year is:
where
A is the amount at the end of the period
P is the principal
i is interest rate per annum
m is number of compounding periods in a year
n is number of years
Substituting the values in the formula above we get,
Now, we calculate the interest earned by doing \mathbf{CI = A -P}.
Q3. It will take <em><u>18 years</u></em> for the money to double to $100.
Since we need to use the rule of 72, we'll divide 72 by the interest rate to determine the number of years needed to double the investment's value.
So, the number of years is 
.
Answer:
Dynamic pricing
Explanation:
In simple words, Dynamic pricing, often alluded to as rising rates, vibrant pricing as well as period-based pricing, relates to the pricing technique under which companies set variable prices for goods or commodities on the basis of existing consumer demands. A main benefit of competitive pricing seems to be the opportunity to increase the income with each consumer.
Answer:
$74,400
Explanation:
Pell Company
Pell's income from Demers for the year ended December 31, 2010
Controlling Interest Share of Net Income for 2010- Excess Fair value Annual Amortization
Controlling Interest Share of Net Income for 2010= ($100,000 × .80) $80,000
Less Excess Fair Value Annual Amortization =($7,000 × .80) $5,600
Pell Income= $74,400
