Answer:
The options are given below:
A. An unqualified report.
B. An adverse report.
C. A disclaimer of opinion.
D. An exculpatory opinion.
The correct option is C.
Explanation:
A disclaimer of opinion is issued by an auditor in the event that the he/she is unable to complete the audit report due to an absence of financial records or when there is a lack of cooperation from management. What this signifies is that no opinion over the financial statements was able to be determined. A disclaimer of opinion is not an opinion itself.
Also, a disclaimer of opinion can be due to the fact that the client placed a restriction on the scope of the examination to such an extent that the auditor was not able to form an opinion.
Answer:
The answer is: $339,355
Explanation:
We first find the broker's commission: $359,900 sale price × .05 = $17,995
Then we calculate the amount realized from sale: $359,900 (sale price) - $17,995 (broker's commission) - $2,550 (closing costs) = $339,355
The adjusted basis for this house is: $225,000 (purchase price) + $27,500 (capital improvements) = $252,500
Finally we can now determine the capital gain: $339,355 - $252,500 = $86,855
A publicly traded company with 250,000 outstanding shares of stock is called Main Supplies. If the company offers 10,000 more shares, they will be referred to as Seasoned Equity Offering.
Any share issue that occurs after a company's Initial Public Offering (IPO) on the stock market is referred to as a Seasoned Equity Offering also known as a Follow On Offering. Therefore, the corporation issuing the securities is already publicly traded and is returning to the market to raise further funds. A Secondary Offering is the sale of shares by existing shareholders, whereas a Seasoned Equity Offering is the issue of shares to the public following an IPO.
To learn more about Seasoned Equity Offering Here
brainly.com/question/2699653
#SPJ4
Answer:
Product A because the contribution margin per MH is $23.33
Explanation:
In terms of efficiency, you have to look for the highest outcome with the fewer use of resources. In this case, the resources available are the machines, and the outcome is the profit (margin per unit). Applying the formula: Efficiency producing X (Ex) = [(1 hour of machine hour) / (Product x timed used per unit)]Margin per unit X, and comparing products A and B, you get that producing A is more efficient in terms of profits than producing B, by $10,1 per hour (23,33 - 13,2)
Answer: Option B
Explanation: In simple words, financing activities refers to the activities which are focused towards financing the operations of the business. These activities generally involves transactions in equity or debt securities etc.
Issuing common stock to stockholders will bring fund to the company and also will bring a change in the capital structure of the company. All the other options describe the operating and investing activities of the business.
Thus, from the above we can conclude that the correct option is B.