Answer:
A. $1,600
Explanation:
Ningbo Steel
Income Statement
Sales Revenue $11,000
Less Cost of goods sold <u>$5,000
</u>
Gross Profit $6,000
Less Operating Expense <u>$3,000
</u>
Earning Before Interest and Taxes $3,000
Less Interest Expense <u>$1,000</u>
Earning before Tax $2,000
Less Tax Expenses (2,000 *20%) <u>$400</u>
Net Profit after tax <u>$1,600</u>
Answer:
The medicine should be taken with food
Explanation:
Drugs work effectively when taken with food
Answer: D. The auditor is likely to increase control risk because the computed upper deviation rate is greater than the tolerable deviation rate
Explanation: For this scenario, the only true option is that, the auditor is likely to increase control risk because the computed upper deviation rate is greater than the tolerable deviation rate.
Attributed sampling states that items being sampled will either or won't possess certain attributes or quantities.
