Answer: B- Increase of $200,000
Explanation:
The extra revenue that will be gained if the company sells premium units will be;
= Premium price - normal price
= 17 - 10
= $7
There are 100,000 unit so the extra revenue is;
= 7 * 100,000
= $700,000
The increase in Net income will be;
= 700,000 - additional processing costs
= 700,000 - 500,000
= $200,000
Answer:
The correct answer is letter "B": existence, completeness, and rights and obligations.
Explanation:
Assertions are management claims about certain matters regarding a company. Those claims are raised as a result of <em>auditing</em> the firm's financial statements. There are three (3) types of assertions which are:
- Transaction-level assertions: <em>accuracy, classification, completeness, cutoff, and occurrence.
</em>
- Account balance assertions: <em>completeness, existence, rights and obligations, and valuation.
</em>
- Presentation and disclosure assertions: <em>accuracy, completeness, occurrence, rights and obligations, and understandability.</em>
The par value of a bond is the amount issuer promises to pay the bond-holder on the maturity date.
The overall return depends on when the bond was bought. The closer to the maturity date, the lower the overall return, or yield-to-maturity (YTM).
If the YTM has been quoted as 9%, it means that the effective yield from today to the maturity date is 9%, according to the current price, and accounting for the 12% coupon, if applicable.
So Devin will earn a return of 9%.
The answer is greenfield venture.
The complete sentence is A greenfield venture establishes a foreign subsidiary by building an entirely new operation on a foerign country.
The term alludes to the fact that the parent company will start the operations from the ground and not by acquiring other companies that are already operating in the foreign country.
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