<u>Answer:</u>
<em>Control procedures is related to Kristof’s way of managing his employees</em>
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<u>Explanation:</u>
Employee fraud is a critical issue looked by associations of various kinds, sizes, areas, and ventures. While we might, all want to accept our representatives are faithful and working to help the association, the more significant part of them likely are, there are yet numerous reasons why your representatives may submit extortion and a few manners by which they may do it.
Fraud in numerous structures, however, can be separated into three classes: resource misappropriation, degradation, and budget report misrepresentation. Resource misappropriation, albeit least expensive, made up 90% of all extortion cases examined.
To calculate the APR, we first calculate the monthly rate and then the APR (Annual percentage rate)
Monthly rate is calculated by using RATE function in excel as in =RATE(NPER,PMT,PV) where
NPER = number of period in months = 48
PMT = Monthly payment = 960
PV = Loan value = 38400
Monthly rate = RATE(48,960,-38400) = 0.77015%
APR = Monthly rate * 12
APR = 0.77015%*12
APR = 9.24% (Rounded to 2 decimals)
The depreciation expense will be credited for $750 in the consolidating entries while preparing the 20X8 consolidated income statement,
<h3>What is the
depreciation expense?</h3>
This refers to the cost of an asset that has been depreciated for a single period such as in that year.
Depreciation expense = Cost - Salvage value / Useful life
Depreciation expense = $36,000 - $33,000 / (2 years (semi-annual charges)
Depreciation expense = $3,000 / 4
Depreciation expense = $750
Therefore, the depreciation expense will be credited for $750 in the consolidating entries while preparing the 20X8 consolidated income statement,
Read more about depreciation expense
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Aeration is a controlled parameter in the fermentation to create desirable environment and surrounding to the microorganisms involved. While it aids the growth of the microorganisms by giving the nutrient, oxygen, this is also able to minimize the production of other undesirable or byproducts such as H2S.
If aeration is too much, this would cause overgrowth and overpopulation of the microorganisms. One of the results of the latter is the scarcity of other resources found in the medium.
Answer:
$1,389
Explanation:
Tangible assets are depreciated, not amortized. Only the $25,000 goodwill will be amortized.
A §197 intangible asset can be amortized over a 15 year period that starts on the month that the intangible asset was acquired. In this case, the amortization expense will include March, so we need to calculate amortization for 10/12 of a year.
The amortization per year = $25,000 / 15 years = $1,667
amortization for year one = amortization per year x number of months = $1,667 x 10/12 = $1,389