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3 years ago

11

Nelson’s motto is “Go big, or go home.” Which type of investment would Nelson prefer? A. savings account B. speculative investme

nt C. CD D. government bond

1 answer:

il63 [147K]3 years ago

5 0

Answer:speculative investment

Explanation:

just took the test.

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Lauren hires Humphrey, a CPA, to audit her financial statements. The engagement letter includes a statement acknowledging that a

klio [65]

Answer:

it was a foreseen party

Explanation:

Key Largo bank would most likely sue Humphrey on the ground that it was a foreseen party. This is because Humphrey(CPA) being an auditor, knew that the audited financial statements are required for a filing with the regulatory body. Moreover, the auditing firm- Humphrey knew about the specific purpose of the audit report including the fact that his or her opinion(report) will will relied upon by other parties hence a foreseen third party for the auditor.

Based on the aforementioned, Key Largo Bank can sue Humphrey because he is aware of the intended purpose of the audit report.

3 0

4 years ago

Santoyo Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Ho

Brrunno [24]

Answer:

37.7 hours

Explanation:

Calculation to determine what The delivery cycle time was:

Using this formula

Delivery cycle time=Wait time +Throughput time

Where,

Wait time=28.0

Throughput time=Process time 1.0+ Inspection time 0.4+ Move time 3.2 +Queue time 5.1=9.7

Let plug in the formula

Delivery cycle time=28.0+9.7

Delivery cycle time=37.7

Therefore Delivery cycle time was 37.7

7 0

3 years ago

West Corp. issued 25-year bonds two years ago at a coupon rate of 5.3 percent. The bonds make semiannual payments. If these bond

slava [35]

Answer:

4.93%

Explanation:

We use the Rate formula shown in the spreadsheet for this question

The time period is represented in the NPER.

Provided that,

Present value = $1,000 × 105% = $1,050

Assuming figure - Future value or Face value = $1,000

PMT = 1,000 × 5.3% ÷ 2 = $26.5

NPER = 25 years - 2 years = 23 years × 2 = 46 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the yield to maturity is 4.93%

6 0

3 years ago

Darren runs a barbershop with fixed costs equal to $40 per day and a total output of 10 haircuts per day. What is his weekly tot

mixer [17]

Answer:

$240

Explanation:

Darren runs Barber shop

His fixed costs daily is $40

The toal output per day is 10 haircuts

He is open 6 days in the week

Therefore weekly total fixed costs can be calculated as follows

= 40×6

= 240

Hence the weekly fixed cost is $240

7 0

3 years ago

Arrange strategic planning analysis in correct order.

Allushta [10]

I would say
division planning
product planning
business planning
corporate planning

5 0

3 years ago