What’s the answer????

In the audit of notes payable, an auditor testing the ASB balance assertion of accuracy and valuation most likely would: _______

MariettaO [177]

Answer:

I think it's c

Explanation:

6 0

3 years ago

When the price of a good rises, consumers tend to purchase less of it and buy a relatively less expensive good. This behavior cr

Anna35 [415]

Answer:substitution

Explanation:The substitution bias is a weakness in the Consumer Price Index that overstates inflation because it does not account for the substitution effect, when consumers choose to substitute one good for another after its price becomes cheaper than the good they normally buy.

when the price of a product in the consumer basket increases substantially, consumers tend to substitute lower-priced alternatives.

7 0

3 years ago

Cosmetologist job requirements with bullet points

GarryVolchara [31]

Answer:

. Maintains supplies by checking stock; anticipating needs; placing orders; verifying receipt.

. Prepares hair for styling by analyzing hair condition; shampooing and treating hair.

. Conditions hair and scalp by applying treatments.

. Plans desired effect by studying facial features; examining potential styles; conferring with customer; making recommendations.

. Produces desired effect by arranging, shaping, curling, cutting, trimming, setting, bleaching, dyeing, and tinting hair.

. Maintains quality service by following organization standards.

. Maintains safe and healthy conditions by following organization standards and legal regulations.

. Obtains revenue by recording or collecting charges.

. Maintains technical knowledge by attending educational workshops; reviewing publications.

. Contributes to team effort by accomplishing related results as needed. Skills/Qualifications: Listening, Supply Management, Analyzing Information , . Customer Focus, Client Relationships, Organization, Creativity, Attention to Detail, Confidentiality, Professionalism, Verbal Communication

8 0

3 years ago

Why do we subtract depreciation in the calculation of EBIAT if we are going to add it back as the next step of the Free Cash Flo

vladimir1956 [14]

Answer: Depreciation is tax deductible

Explanation:

Depreciation on assets is recognized by tax authorities as an expense that a business actually incurs so when the income statement is calculated, depreciation needs to be removed as the expense that it is so that taxes can be calculated on the profit.

Depreciation however, does not take actual cash from the company i.e the company does not actually pay anyone cash for depreciation like most other expenses. It needs therefore to be added back to the Free Cash Flow because the FCF deals with how much actual cash the company has which is something that Depreciation being a non-cash expense did not reduce.

3 0

3 years ago

A service contract for a video projection system costs $195 a year. you expect to use the system for four years. instead of buyi

aleksklad [387]

Answer:

The future value of an annuity (FVA) is $828.06

Explanation:

The future value of an annuity (FVA) is the value of payments at a specific date in the future based on the payments being recurring and assuming a discount rate. The future value of an annuity (FVA) is based on regular cash flow. The higher the discount rate, the greater the annuity's future value.

$FVA= P * \frac{(1+r)^n-1}{r}$

Where:

FVA is The future value of an annuity (FVA)

P is payment per period

n is the number of period

r is the discount rate

Given that:

P = $195

r = 4% = 0.04

n = 4 years

$FVA= P * \frac{(1+r)^n-1}{r}$

substituting values

$FVA= 195 * \frac{(1+0.04)^4-1}{0.04}=195*4.246=828.06\\FVA=824.06$

The future value of an annuity (FVA) is $828.06

4 0

3 years ago

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