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2 years ago

For each error below, indicate:

Business

1 answer:

patriot [66]2 years ago

8 0

Answer:

1. Inventory account will be affected and assertions of accuracy and valuation will be violated.

2. Assets are overstated and assertion classification is violated.

3. Liability is understated and assertions of accuracy is violated.

4. No impact.

Explanation:

Assertions are certain claims of a business which a business must fulfill in order to make its financial statements reliable. A company has to record the expense when it is incurred in order to provide accuracy in valuation. In the given cases the assertions are violated which impact business accounts.

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Drag each label to the correct location on the image.

igor_vitrenko [27]

Answer: HMO: Primary Care Physician, In network only

PPO: Referral requirements, Out of network doctors

Explanation:

8 0

2 years ago

Read 2 more answers

Bruce is a single father with 1 child. He can work as a bagger at the local grocery store for $6 per hour up to 1,200 hours per

serg [7]

Answer:

$16,440

Explanation:

If Bruce is able to work 600 hours per year, his salary will be $3,600 (= $6 x 600), but he will lose $2,160 (= $3,600 x 60%) of welfare stipend.

His total welfare stipend is $15,000 if he is not able to work during the year.

Bruce's total income = $15,000 + $3,600 - $2,160 = $16,440

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2 years ago

The Lincoln Company sold a $1,000 par value, noncallable bond several years ago that now has 20 years to maturity and a 7.00% an

Alecsey [184]

Answer

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Step-by-step explanation:

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6 0

2 years ago

Geneva receives high praise from her boss when she attracts a new client to her firm. this praise leads geneva to work hard to o

AysviL [449]

<span>This was a form of positive reinforcement. She has been conditioned to work harder when she receives the praise, because she enjoys hearing this from her superiors. When the reward is given to her, the cycle continues: more praise leads to harder work, which leads to even more praise.</span>

4 0

2 years ago

The current risk-free rate of return in the economy is 1.5%. In addition, the market rate of return is currently 6%. Given that

ludmilkaskok [199]

Answer:

The company’s systemic risk level (beta coefficient) is 2.44%

Explanation:

According to Capm Expected Return of Stock = Risk Free Rate + Beta*(Market Return - Risk Free Rate)

Beta = (Expected Return of Stock - Risk freed Rate)/(Market return -Risk free Rate)

= (12.5% - 1.5%)/(6% - 1.5%)

=2.44 %

Therefore, The company’s systemic risk level (beta coefficient) is 2.44%

Systematic risk is the risk which affects all the stocks of the economy. It cannot be diversified away. Example interest rate and inflation in the economy. Beta represents systematic risk of the company.

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2 years ago