Answers;
In scrutinizing a statement of cash flows in an attempt to gain a better understanding of the client, the auditor should evaluate to check if the client is meeting interest payments when they are due. The auditor may use information about the client's industry. This is done to evaluate whether significant changes is made in the company from prior periods, including changes in its internal control over financial reporting, affect the risks of material misstatement.
Answer:
Base 98900 79000
tax excess 85525 40125
Excess 13375 38875
% 24% 22%
tax 1 3210 8552.5
tax 2 additional 14605.5 plus 24% of the excess 85.525
4617.5 plus 22% of the excess 40.125
total tax (tax1+tax2) 17815.5__13170
Change in tax
(17.815 - 13.170) / (98,900 - 79,000) =
4.645,5 / 19.900 = 23.34%
Explanation:
Base 98900 79000
tax excess 85525 40125
Excess 13375 38875
% 24% 22%
tax 1 3210 8552.5
tax 2 additional 14605.5 4617.5
total tax 17815.5 13170
Change in tax
(17.815 - 13.170) / (98,900 - 79,000) =
4.645,5 / 19.900 = 23.34%
Answer:
Total Number of Relays = 100
Number of 5V relays = 60
Number of 10V relays = 25
Number of 15V relays = 15
Probabilities:
All the drawn are 5V relays = 60 / 100 = 0.6
All the drawn are 10V relays = 25 / 100 = 0.25
All the drawn are 15V relays = 15 / 100 = 0.15
At least one is 10V relays = (60 / 100) x (59/99) + (25/100) x (25/99) + (15/100)(15/99)= 0.35758 + 0.06313 + 0.02273 = 0.44344 = 0.44
Answer:
Alpha Technology
Outstanding Computer's consumption ratio for setup hours is:
b. 0.48
Explanation:
a) Data and Calculations:
Overhead activities and costs:
Setting up equipment $3,000
Machining $15,000
Excellent Outstanding
Laptops Computers
Direct Labor $25,000 $10,000
Direct Materials $20,000 $5,000
Expected Production in Units 3,000 3,000
Machine Hours 850 2,000
Setup Hours 80 75
Total setup hours = 155 hours
Outstanding Computer's consumption ratio for setup hours = 75/155 * 100
= 48%
Tax expenditures are government revenue losses that are gotten from tax exclusions, deductions, credits, deferrals, and preferential tax rates.
<h3>What are
Tax expenditures?</h3>
Your information is incomplete. Therefore, an overview will be given. Tax expenditures are special provisions such as exclusions, deductions, deferrals, credits, and tax rates which benefit specific activities or groups of taxpayers.
It should be noted that tax expenditures are both widespread and costly, but are not subject to the same level of scrutiny in the budget process.
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