Answer:
C) $41.45
Explanation:
Valorous Corporation
Using a financial calculator
CF0 = 0
CF1 = 1.8
CF2 = (44 + 2.4) = 46.4
Hence calculate NPV at I = 8%,
=$41.45.
Therefore the maximum price that a prudent investor would be willing to pay for a share of Valorous stock today will be
$41.45
Answer:
- This type of fraud is check tampering
- It amounts to 20.1% of fraud cases in small businesses, and 8.4% of fraud in large businesses
- This type of fraud can be prevented by rotating employees that handle check issuance to vendors, review of budget versus actual expenditure, monitoring of audit trail to see if beneficiary was changed, daily statement download for reconciliation, and restriction of functions for example a employee that issues checks should not also reconcile bank statement.
Explanation:
Check tampering is a very common fraud that involves changing the beneficiary of a valid check so that funds can be diverted.
In the given scenario the accounts payable clerk was able to change checks to his name in order to divert $10,000. This was only discovered by chance when an employee noticed the change in name.
Various internal control measures can be taken to prevent this and they are listed above
Answer:Renting outdoor rock climbing equipment and heading to the national park for $15
Explanation: It’s similar to what you want to do just cheaper , all the other options over your budget , and swimming is not what you had in mind .
If he applied and acquired for a new credit card and uses it regularly he will fall under: Voluntary.
<h3>What is credit card?</h3>
Credit card can be defined as the card that enables the card holder to carryout transactions such as purchases online in which the holder is expected to payback the amount used for the purchases.
If a obtain a new credit card which he use often or frequently, bill will tend to fall under voluntary because he voluntary applied for the credit card without being comply to do so.
Therefore bill will fall under voluntary.
Learn more about credit card here:brainly.com/question/8432538
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