Answer: Option A is the right answer
Explanation: Evidences in most cases has shown that MACRS is all about applying convention for one and a half year on assets. So when an entities owns 35-40% of an asset in forth quarter, Mid quarter convention will be applied for only one half of the last quarter, logically one and half month in the last quarter.
Answer:
30
Explanation:
The first step is to calculate the preferred stock
= 5,000×100
= 500,000
Therefore the book value per common share can be calculated as follows
= 2,000,000-500,000/50,000
= 1,500,000/50,000
= 30
Hence the book value per common share is 30
Answer:
By Private placement, the company will be able to raise funds offering shares to a select group of investors.
Explanation:
Answer:
Benford's Law predicts the frequency of leading digits using base-10 logarithms which predict that specific frequencies will decrease from 1 to 9.
It predicts that in a large set of data, the leading digits will be as following:
<u>Leading number</u> <u>Probability of appearance</u>
1 30%
2 18%
3 12%
4 10%
5 8%
6 7%
7 6%
8 5%
9 4%
Benford's Law is used by forensic accountants since people who fabricate data figures tend to distribute the leading digits uniformly. If you compare the distribution of the leading digits of the data sample with the expected distribution using Benford's Law you can detect any anomaly (e.g. if number 3 shows up 30% of the time instead of around 12%).
Answer:
Garbage-can model
Explanation:
The decision-making models that best describe how decision-making takes place in the research and development laboratory of a major drug company is the Garbage-can model, this is because the research and development laboratory is a complex and unstable environment
decisions taken in a research laboratory are mainly unpredictable and uncertain as most solution are turned in problems first before another solution can be created
