When two or more persons work together to circumvent internal control procedures and commit a fraud, this is called.

The Butler-Perkins Company (BPC) must decide between two mutually exclusive projects. Each costs $7,000 and has an expected life

aleksklad [387]

Answer:

a. The project A's expected annual cash flow is $7,000

The project B's expected annual cash flow is $7,600

b. BPC should choose the project b

Explanation:

a. In order to calcualte the project A's expected annual cash flow we would have to make the following calculation:

project A's expected annual cash flow =0.2*$6,250 +0.6 *$7,000+0.2 *$7,750=$7,000

In order to calcualte the project B's expected annual cash flow we would have to make the following calculation:

project B's expected annual cash flow =0.2*$0 +0.6 *$7,000+0.2 *$17,000 =$7,600

b. Becuase Project B's CV is higher , hence Project B has the higher NPV, thus, the firm should accept Project B.

6 0

3 years ago

Which of the following is an example of raw data from an automobile manufacturer? Annual sales of Subaru Outbacks increased 4.5

m_a_m_a [10]

Answer:

One Subaru Outback sold January 7, 2017 in Mount Kisco, New York for $25,000.

Explanation:

Raw data typically refers to tables of data where each row contains an observation and each column represents a variable that describes some property of each observation. Data in this format is sometimes referred to as tidy data, flat data, primary data, atomic data, and unit record data. Sometimes raw data refers to data that has not yet been processed.

4 0

4 years ago

Today, marketers are increasingly emphasizing a tiffany/walmart strategy, which is to offer

lidiya [134]

High end and low end versions of the same items to capture more of the market.

Tiffany's sells high-end fine jewelry at higher prices. Walmart also offers nice jewelry at much lower prices.

4 0

3 years ago

A store that sells books and a store that cells tools are what type of competition?

morpeh [17]

D. non competition. Those are two completely different product fields.

6 0

3 years ago

Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020). The practice is divided in

MrRissso [65]

Answer and Explanation:

The Preparation of service revenue is prepared below:-

For Quarter 1

Billable Hours Billable rate Total

Auditing 2,450 84 205,800

Tax 3,130 94 294,220

Consulting 1,640 105 172,200

Total 672,220

For Quarter 2

Billable Hours Billable rate Total

Auditing 1,840 84 154,560

Tax 2,650 94 249,100

Consulting 1,640 105 172,200

Total 575,860

For Quarter 3

Billable Hours Billable rate Total

Auditing 2,330 84 195,720

Tax 2,300 94 216,200

Consulting 1,640 105 172,200

Total 584,120

For Quarter 4

Billable Hours Billable rate Total

Auditing 2,710 84 227,640

Tax 2,800 94 263,200

Consulting 1,640 105 172,200

Total 663,040

Now the total revenue is

= $575,860 + $584,120 + $663,040

= $1,823,020

5 0

4 years ago