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
natta225 [31]
3 years ago
8

In auditing the financial statements of Star Corp., a nonissuer, Land discovered information leading Land to believe that Starâ€

™s prior-year financial statements, which were audited by Tell, require substantial revisions. Under these circumstances, Land should _______.
Business
2 answers:
kenny6666 [7]3 years ago
5 0

Answer:

4.

Explanation:

Based on the scenario being described within the question it can be said that under these circumstances, Land should request Star to arrange a meeting among the three parties to resolve the matter. Otherwise if left unattended it could lead to various complications for all three parties involved. Therefore the best option would be to analyze and revise the necessary information as fast as possible.

elena55 [62]3 years ago
5 0

Answer: request Star to arrange a meeting among the three parties to resolve the matter

Explanation: When information regarding the integrity of a company's financial statement which has been previously audit arises, it becomes imperative for all involved parties to collaborate on highlighting and resolving the issue. Tell would have to be presint because they were responsible for auditing Starr company's financial statement that year, Star corps. is the organization which was audited and therefore will be required to call for a meeting which should also include Land, who discovered informations which could necessitate substantial revision of Star's financial statement.

You might be interested in
Donnie Hilfiger has the following balances in its stockholders' equity accounts on December 31, 2015: Treasury Stock, $400,000;
Nana76 [90]

Answer:

Explanation:

The preparation of the stockholders' equity section of the balance sheet for Donnie Hilfiger as of December 31, 2015 is presented below:

                                                DONNIE HILFIGER

                                                     Balance Sheet

                                         (Stockholders' Equity Section)

                                          As of December 31, 2015

Common stock $350,000

Preferred stock $1,000,000

Additional paid in capital $3,200,000

Total paid in capital $4,550,000

Retained earnings $,1600,000

Total  $6,150,000

Less: Treasury stock - $400,000

Total Stock holders equity $5,750,000

3 0
3 years ago
"Stock R has a beta of 1.5, Stock S has a beta of 0.75, the required return on an average stock is 10%, and the risk-free rate o
Kaylis [27]

Answer:

4.5%

Explanation:

Stock R (Beta) = 1.5

Stock S  (Beta) = 0.75

Expected rate of return on an average stock (Rm)= 10%

Risk free rate (Rf) = 4%

Required Return (Re) = Rf +(Rm-Rf) B

Required Return = 0.04 + (0.10-0.04) B

Required Return = 0.04 + 0.06B

Stock R = 0.04 + (0.06 * 1.50)

Stock R = 0.04 + 0.09

Stock R = 0.13

Stock R = 13%

Stock S = 0.04 + (0.06 * 0.75)

Stock S = 0.04 + 0.045

Stock S = 0.085

Stock S = 8.5%

Here, the more risky stock is R and less risky stock is S. Since, R has more beta than the Stock S.

= 13% - 8.5%

= 4.5%

7 0
3 years ago
Bramble Corp. has the following accounts at December 31: Common Stock, $11 par, 5,450 shares issued, $59,950; Paid-in Capital in
bonufazy [111]

Answer:

$127,700

Explanation:

Bramble Corp stockholders’ equity section of the balance sheet

Stockholders’ equity

Paid-in Capital

Capital Stock

Common Stock 59,950

Additional Paid-in Stock

Paid-in Capital in Excess of Par Common Stock 33,400

Total paid in Capital 93,350

Retained Earnings 47,000

Total paid in Capital and Retained Earnings 140,350

(93,350+47,000)

LessTreasury Stock 12,650

Total Stockholders’ equity 127,700

(140,350-12,650)

6 0
4 years ago
Before beginning to compose a successful business message, you need to collect necessary information by conducting informal or f
dybincka [34]

The questions should I  ask myself in order to avoid frustration and inaccurate messages are :

  • How should the receiver respond?
  • How should the receiver respond?
  • What details regarding this subject should the receiver be aware of?
<h2>How can I develop a company message that is effective?</h2>

You must first gather the relevant data by completing either formal or informal research before you can start to write a good business message. Frequently, the data you gather while conducting research aids in the development of your message.

<h2>Which of the following best sums up a message with a long-term impact?</h2>

A message that is highly complicated and has a long-term impact should be delivered verbally." Identify whether the claim is accurate or not. Despite the possibility that audiences will accept imprecise, vague, or conflicting business communications.

Learn more about effective company's message at :

brainly.com/question/14510443?referrer=searchResults

#SPJ4

5 0
2 years ago
A depreciation of the u.s. dollar ________ the price of u.s. imports, and ________ the price of u.s. exports.
Drupady [299]

A depreciation of the U.S dollar rise the price of U.S. imports, and fall in the price of U.S exports.

In a floating exchange rate system, currency depreciation refers to the decline in value of a nation's currency in relation to one or more foreign reference currencies.

Currency depreciation can happen for a variety of causes, including weak economic fundamentals, interest rate differences, political unrest, investor risk aversion, etc.

The exchange rate affects whether there is a trade surplus or deficit; a depreciated domestic currency encourages exports and raises the cost of imports. A strong native currency, on the other hand, makes imports more affordable and hinders exports.

To learn more about depreciation of currency click here:

brainly.com/question/14908412

#SPJ4

3 0
2 years ago
Other questions:
  • For a large sporting event the broadcasters sold 6565 ad slots for a total revenue of ​$145145 million. what was the mean price
    10·1 answer
  • Which distribution channel is a small manufacturer of specialty wood gift products sold to gift shops most likely to use? Assume
    14·1 answer
  • 5) Century Industries has issued a bond which has a $1,000 par value and a 15 percent annual coupon interest rate. The bond will
    11·1 answer
  • Boxwood Company sells blankets for $60 each. The following was taken from the inventory records during May. The company had no b
    15·1 answer
  • The team is struggling to agree on the Story point sizing of a new User Story. The Product Owner was previously a related domain
    5·1 answer
  • S buys a $50,000 whole life policy with a 50,000 accidental death and dismemberment rider. S dies 1 year later of natural causes
    9·1 answer
  • Which of the following is the best thing to consider when making comparisons between job offers? a. gross pay b. total employee
    6·1 answer
  • A1 Co. has a process costing system. All materials are added when the process is first begun. At the beginning of May, there wer
    8·1 answer
  • Managerial implications for the SDT theory include: Group of answer choices to motivate high performance for uninteresting jobs
    10·1 answer
  • On average, workers in Australia can produce 3 units of agriculture output or 9 units of manufacturing output per day. In Guyana
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!