Answer:
B) I and III
Explanation:
Generally Accepted Audit Standards are used for auditing private companies. They provide systematic guidelines to auditors when conducting audits on companies' financial statements. They check for the auditor's verifiability of the company's compliance to the Generally Accepted Accounting Principles (GAAP) as well as their accuracy and consistency of their records. Therefore, choices I and III are correct.
Answer:
$4,500
Explanation:
Depreciation expense using the straight line depreciation method = (Cost of asset - Salvage value) / useful life
($32,000 - $5,000)/6 = $4,500
The straight line depreciation method allocates the same deprecation expense for each year of the useful life of the asset.
Therefore, the depreciation expense each year would be $4,500.
I hope my answer helps you
The answer to the above situation or condition is Customer and supplier intimacy.
If a company or organization have a strategy on customer and
supplier intimacy, this makes customers and suppliers valuable and important
stakeholder within the company or organization. When they are important
stakeholders they will feel themselves more valued.
Answer:
Green's cash tax rate is 19.425%
Explanation:
The cash tax rate is the taxes payable divided by pretax book income. Green's taxable income is $925,000 ($1,000,000 + $50,000- $100,000 - $25,000). Taxes payable on taxable income is $194,250. The cash tax rate is 19.425% {$194,250/$1,000,000}.
B.only new information affects stock prices.
