All categories

3 years ago

What is the purpose of an inspection report

1 answer:

5 0

<h2>Answer:</h2><h3>The purpose of inspection reports is to document the inspection scope, observation, and findings</h3><h3>of inspections conducted by the NRC. </h3>

<h2>Explanation:</h2><h3>The NRC performs inspections to oversee the commercial nuclear industry to determine </h3><h3>whether its requirements are being met by licensees and their contractors.</h3>

You might be interested in

NEED THIS ASAP

GaryK [48]

Answer:

When the economy reaches full real output, there is no spare capacity left and therefore as real output increases, the price level will increase. There are no workers left in the economy as full employment is reached.

5 0

3 years ago

Nishi Corporation prepares financial statements for each month-end. As part of its accounting process, estimated income taxes ar

choli [55]

Answer:

1. $4,100

2a. Dr Income tax Expense $4,100

Cr Income tax payable $4,100

2b. Dr Income tax payable $33,926

Cr Cash $33,926

Explanation:

1. Calculation to Determine the amount of the accounting adjustment

Income tax payable for quarter 4 $33,926

Less: Unadjusted balance in Income tax payable account $29,826

Accounting adjustment to be done as on Dec 31 $4,100

2a. Preparation of journal entries to record December 31

Adjustment to the Income as on Dec 31

Dr Income tax Expense $4,100

Cr Income tax payable $4,100

2b. Preparation of the Journal entry to record later January 20 payment of the fourth-quarter taxes.

January 20 payment of the fourth-quarter taxes.

Dr Income tax payable $33,926

Cr Cash $33,926

3 0

3 years ago

Based on the spreadsheet below, what is the net cash flow? A 2-column spreadsheet showing Cash Inflows and Cash Outflows. Total

Vadim26 [7]

The net cash flow is <u>A. $290.</u>

The net cash flow is the difference between the cash inflows and the cash outflows. It can be positive or negative. When the cash inflows are greater than the cash outflows, the net cash flow is positive. The opposite is the case when the cash outflows exceed the cash inflows.

<h3>Data and Calculations:</h3>

Total Cash Inflows = $2,040
Total Cash outflows = $1,750
Net cash flows = $290 ($2,040 - $1,750)

Thus, the net cash flow based on the spreadsheet is <u>A. $290.</u>

Learn more about the net cash flow here: brainly.com/question/4326360

6 0

3 years ago

A company has a cost of debt (before tax) of 5.5% and a cost of equity of 12.8%. In addition, the company has a target capital s

alexira [117]

Answer:

10.12%

Explanation:

Wacc = (D / V)rd (1 - t) + (E / V) re

(D/V) = 0.3

Rd = before tax cost of debt = 5.5%

T = tax rate = 30%

(E / V) = 0.7

Re = marginal cost of equity = 12.8%

= (0.3 x 5.5% × 0.7) + (0.7 x 12.8%) = 1.155% + 8.96% = 10.12%

I hope my answer helps you

4 0

4 years ago

Journalize the following transactions for Reed Company. Assume a perpetual inventory system. Also, assume a constant gross profi

igor_vitrenko [27]

Answer:

The Journal entries are as follows:

(i) On April 6,

Cash A/c Dr. $5,000

To Sales $5,000

(To record the cash sales )

(ii) On April 6,

Cost of goods sold A/c Dr. $3,000

To merchandise inventory $3,000

(To record the cost of goods sold)

(iii) On April 12,

Sales return and Allowances A/c Dr. $630

To cash $630

(To record the sales return)

(iv) On April 12,

merchandise inventory A/c[(630 ÷ 5,000) × 3,000] Dr. $378

To cost of goods sold $378

(To record the cost of sales return and allowances

4 0

4 years ago

What is the purpose of an inspection report ​

What is the purpose of an inspection report