Answer:
Loans, Credit cards
Explanation:
If you don't pay your credit card on time, they will charge you a late fee. If you take out a loan, they make you pay back the money you took out and a percent of that amount for interest.
Answer:
$46.41
Explanation:
Sunset corporation has an EPS of $2.21
The benchmark PE is 21
The earnings are expected to grow at 5 % per year
Therefore the current stock price can be calculated as follows
= benchmark PE × earnings per share.
= 2.21 × 21
= $46.41
Hence the estimate of the current stock price is $46.41
Answer:
Among the possible answers to this question it is possible to find
a. Understatement of revenues, receivables and inventory.
b. Overstatement of revenues, and receivables and an understatement of inventory.
c. Understatement of revenues, and receivables and an overstatement of inventory.
d. Overstatement of revenues, receivables and inventory.
The correct answer is:
c. Understatement of revenues, and receivables and an overstatement of inventory.
Explanation:
If the invoice of the sale is not generated this would not communicate the message to the accounting department about the movement, reason why the income could not be registered which would result in the generation of receivables to the customers. Besides, the inventory would be affected since the merchandising would not be discount from the existing products inside the company, which will result in an overstatement of inventory.
