1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
djyliett [7]
3 years ago
14

The ___ act requires companies to produce both an internal control report and an external audit.

Business
2 answers:
Rufina [12.5K]3 years ago
6 0

Answer:

b :)

Explanation:

❤❤❤❤❤

Ksenya-84 [330]3 years ago
3 0
B! Bye have a good day!
You might be interested in
Which of the following is not an example for safeguarding inventory?
Olegator [25]

Answer: D.Returning inventory that is defective or broken. (happy to help)

Explanation:

5 0
3 years ago
Mike and Tom debone chicken breasts for Ted's Chicken Co. Mike is new and can only debone 30 chicken breasts per hour, while Tom
vodka [1.7K]

Answer:

Their average hourly productivity as a team for chicken breasts will be

45.

Explanation:

Here, it is given that Mike and Tom debone chicken breasts for Ted' chicken company.

Mike debones 30 chicken breasts,

Meanwhile Tom is having his own experience in this work and knows how to calculate the hourly work

So, Tom allows Mike to debone only 60 chicken breasts per hour.

Now its mentioned that both Tom and Mike had worked 40hrs per week.

So, their average hourly productivity as a team will be:

                 frac\ {{30} +{60}} {2}

                    ⇒ 45

So, their average hourly productivity as a team for chicken breasts will be 45.

7 0
3 years ago
Dern Company recently sold a large order of tables to Knoll Furniture Store. Terms of the sale require Knoll to sign a nonintere
denis-greek [22]

Answer:

the journal entry made by Dern to record the sales should be:

Date, merchandise sold to Knoll Furniture Store

Dr Notes receivable 21,000

    Cr Sales revenue 16,215.85

    Cr Discount on notes receivable 4,784.15

the journal entry made by Knoll to record the purchase should be:

Date, merchandise purchased from Dern Company

Dr Merchandise inventory 16,215.85

Dr Discount on notes payable 4,784.15

    Cr Notes payable 21,000

Explanation:

Non-interest-bearing notes must be recorded at present value, therefore, we must first determine the present value of the note = $21,000 / (1 + 9%)³ = $16,215.85

the present value of the notes receivable is equivalent to sales revenue, while the difference between the face value of the note and its present value is equal to the discount on notes receivable.

6 0
3 years ago
The common stock of CTI has an expected return of 14.48 percent. The return on the market is 11.6 percent and the risk-free rate
Bezzdna [24]

Answer:

1.35

Explanation:

Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors

According to the capital asset price model: Expected rate of return = risk free + beta x (market rate of return - risk free rate of return)

14.48 = 3.42 + b(11.6 - 3.42)

14.48 = 3.42 + b8.18

14.48 - 3.42 = 8.18b

11.06/8.18 = 1.35

5 0
3 years ago
At a total cost of $5,600,000, Herrera Corporation acquired 280,000 shares of Tran Corp. common stock as a long-term investment.
Volgvan

Answer:

1.

Date            Account title                                            Debit                Credit

Dec. 31        Investment in Tran Corp.                     $210,000

                    Investment Income                                                      $210,000

Working:

Herrera owns 280,000 out of 800,000 Tran Corp shares so they will recognize:

= 280,000/800,000 * 600,000

= $210,000 of Tran Corp. net income.

2.

Date            Account title                                         Debit                  Credit

Dec. 31        Cash                                                   $140,000

                   Investment in Tran Corp.                                               $140,000

Working

Cash received as dividend = 0.5 * 280,000 share

= $140,000

6 0
3 years ago
Other questions:
  • Which of the following is an example of structural unemployment? a. Raymond loses his job as a steel worker because the economy
    8·1 answer
  • Nellie has an idea for a new shopping plaza for the local community. Which two professionals would she most likely interact with
    6·2 answers
  • The way to do inventory on bottles of liquid is:​
    13·1 answer
  • On January 1, 2017, Grand Haven, Inc., reports net assets of $945,300 although equipment (with a four-year remaining life) havin
    5·1 answer
  • Assume that the expectations theory holds and that liquidity and maturity risk premiums are zero. The annual rate of interest on
    15·1 answer
  • You play racquetball at a community club. You have two options for paying for court time. Option A: You pay $12 for court time e
    11·2 answers
  • Jenna supervises a group of employees who are highly trained and
    11·1 answer
  • During a trough: production is high. production is low. inflation is low. unemployment is low.
    8·1 answer
  • What is important to remember when cutting curly hair
    5·1 answer
  • The World Bank's mission is to lend money to developing nations to help boost their economic development in various industries.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!