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2 years ago

The implementation of an effective internal control system eliminates the possibility of fraud. This statement is:.

Business

1 answer:

Nonamiya [84]2 years ago

3 0

Answer:

False

Explanation:

No matter what a company does the possibility of fraud cannot be avoided.

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Two years ago, Kimberly became a 30 percent partner in the KST Partnership with a contribution of investment land with a $10,000

klio [65]

Answer:

A. $6,000

B. $13,000

Explanation:

A. Calculation to determine Kimberly’s remaining basis in KST after the distribution

Basis in KST$ 15,000

Add §737 gain $3,000

($15,000-$12,000)

Deduct Carryover basis in land ($12,000)

Remaining basis in KST $6,000

($15,000+$3,000-$12,000).

Therefore Kimberly’s remaining basis in KST after the distribution will be $6,000

B. Calculation to determine KST’s basis in the land Kimberly contributed after Kimberly receives this distribution

KST basis upon contribution $10,000

Add Kimberly’s §737 gain $3,000

($15,000-$12,000)

KST’s basis in land $13,000

($10,000+$3,000)

Therefore KST’s basis in the land Kimberly contributed after Kimberly receives this distribution is $13,000

6 0

3 years ago

Sweet Treats common stock is currently priced at $36.72 a share. The company just paid $2.18 per share as its annual dividend. T

Phantasy [73]

Answer:

Cost of equity= 8.0%

Explanation:

<em>Cost of equity can be ascertained using the dividend valuation model. The model states that the price of a stock is the present value of future dividends discounted at the required rate of return.</em>

Cost of equity (Ke) =( Do( 1+g)/P ) + g

g - 2.2%, P - 36.72, D - 2.18

Ke = (2.18 ×(1+0.022)) /38.72 + 0.022 ) × 100

= 0.07954 × 100

= 8.0%

Cost of equity = 8.0%

4 0

3 years ago

Samson, Inc. reported the following information for the year: Service Revenue $ 50 comma 000 Operating Expenses 21 comma 500 Ne

hjlf

Answer:

$21.50

Explanation:

The net income is difference between the revenue and the operating expense incurred by the entity.

The unit cost per service is obtained by dividing the operating cost by the number of services provided.

Given that;

Operating expense = $21,500

Number of services provided = 10,000

The unit cost per service

= $21,500/10,000

= $21.50 (to the nearest cent)

6 0

3 years ago

How did woodrow wilson try to regulate the economy? wilson attacked foreign goods and erected trade barriers against them. wilso

WITCHER [35]

The Correct Option :<u> Wilson </u><u>attacked foreign goods</u><u> </u><u>and erected trade barriers against them.</u>

<h3>How did Woodrow Wilson regulate the economy?</h3>

Woodrow Wilson claimed his place within the Progressive movement with his economic reform package, "the New Freedom." This agenda, which passed congress at the end of 1913, included tariff, banking, and labor reforms and introduced the income tax.

Wilson's most important proposal was the prevention of future wars by means of a new international organization, a league of nations, open to membership by all democratic states.

This new world body would be in charge of disarmament and the dismantling of colonial possessions.

<h3>Who was Thomas Woodrow Wilson ?</h3>

Thomas Woodrow Wilson was an American politician and academic who served as the 28th president of the United States from 1913 to 1921. A member of the Democratic Party, Wilson served as the president of Princeton University and as the governor of New Jersey before winning the 1912 presidential election.

Therefore, we can conclude that the correct option is : <u>Wilson </u><u>attacked foreign goods</u><u> </u><u>and erected trade barriers against them. </u>

Learn more about Woodrow Wilson on:

brainly.com/question/13626382

#SPJ4

8 0

2 years ago

Which feature helps businesses address customer grievances?

USPshnik [31]

Check out this website https://www.inc.com/encyclopedia/grievance-procedures.html

3 0

3 years ago

Read 2 more answers