All of the following are reasons people favor home ownership EXCEPT:

Give like the LATEST NEW PLAYLIST "Sad Boy Intro" if you want to heard (Unrelease) playlist and listen to "A love Letter Heart B

Wewaii [24]

Answer:

its in my queue

Explanation:

but are you actually good?

4 0

2 years ago

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An auditor has determined a $10 million materiality level for a client's balance sheet and a $3 million materiality level for th

Andreyy89

Answer:

D. $ 3 million or more

Explanation:

Since the minimum materiality amount on individual basis is $3 million for client's income statement.

Therefore, whether it is on individually or collectively identified that there is misstatement of at least $3 Million the auditor will consider it material.

They will notify appropriate authorities regarding the misstatement.

5 0

3 years ago

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Sheridan Company issued $6,500,000 of 6%, 10-year bonds for $5,614,000. The straight line method of amortization is to be used.

Mrac [35]

Answer:

The solution of the given query is explained throughout the segment below.

Explanation:

The given values are:

Company issued amount,

= $6,500,000

Rate of interest,

= 6%

Time,

= 10 years

Now,

On bonds payable amortization, the discount will be:

= $\frac{6,500,000 -5,614,000}{10}$

= $\frac{886,000}{10}$

= $88,600$ ($)

Interest expenses will be:

= $(6,500,000\times 6 \ percent) + 88,600$

= $390,000+88,600$

= $478,600$ ($)

5 0

3 years ago

The Esposito Import Company had 1 million shares of common stock outstanding during 2021. Its income statement reported the foll

borishaifa [10]

Answer:

Explanation:

The preparation of the 2021 EPS presentation for the Esposito Import Company is shown below:

Income from continuing operations $7 million

Less: Loss from discontinued operations ($1.4 million)

Net income $5.6 million

Now the earning per share would be

Earning per share = (Net income) ÷ (Number of shares)

= ($5.6 million) ÷ (1 million shares)

= $5.6 per share

5 0

3 years ago

WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted data for t

ArbitrLikvidat [17]

Answer:

B) yes no yes

Explanation:

The preparation is shown below:

Particulars Product X Product Y Product Z

Units produced 1,600 2,100 3,100

Sales Value at split off per unit $14 $19 $16

Total Sales Value at split off (a) $22,400 $39,900 $49,600

Units produced 1,600 2,100 3,100 (X)

Sales Value per unit $20 $20 $25

Additional Processing cost per unit $5 $7 $7

Net Realizable Value = Sales value - Further costs $15 $13 $18 (y)

Total Realizable Value if processed further (b) $24,000 $27,300 $55,800 (x × Y)

Difference = b- a $1,600 -$12,600 $6,200

Processed further Yes No Yes

As the product X and product Z contains positive number so it should be processed and Product Y should not be processed as it contains negative number

6 0

3 years ago