A steel container weighing 90 pounds has a coefficient of friction equaling 0.61. How much force is required to move this box on a dry and clean surface?
Answers
Answer: 54.9 LBS
Explanation: got it right
Related Questions
What do you know about contracts?
Answers
Answer:
a contract is worth money for what your doing
Pamela cantu operates a school foodservice department in a small, rural community. She feeds approximately 1,000 students per day in three different locations. She receives an average of $1.20 in revenues per meal. Her budget, set at the beginning of the school year by the superintendent, is developed in such a way that a small amount is to be reserved for future equipment purchases and dining-room renovation. These funds are available, however, only if pamela meets her budget. She hopes to use this year's reserve (profit) to buy a $5,000 refrigerated salad bar for the high school. Because it is the midpoint of her school year, help her determine her "performance to budget" thus far (fill in all blanks).
Answers
Please find full question attached
Answer and Explanation:
Please find full answer and explanation attached
Discuss the social views that influence our relationship
Answers
Answer:
relationships with others influence how we communicate with them by many different factors. The relationship between people influence the way we interact with them. Giving hugs is generally for people you are close to, although you may shake someone's hand if you are not as close to them
Answer:
well what kind of relationship?
Explanation:
Differentiate between electricity geyser and gas geyser
Answers
But I’ll just say the difference between electrical and gas
They are very unique since gas is made out of air it is ineffective
While elictricty does the real difference about them is electricity can have effect on this world and life on it
And the side effect is the gas from it’s like pollution so yah that’s it
Every year, Barbara and her boss sit down together and discuss what Barbara should accomplish for the next year. Barbara's boss takes time to meet with all his employees like this to motivate them to accomplish their objectives. These actions rely on
Answers
Every year, Barbara and her boss sit down together and discuss what Barbara should accomplish for the next year. Barbara's boss takes time to meet with all his employees like this to motivate them to accomplish their objectives. These actions rely on positivity and good work.
I hope this helps!
When employers give raises, they're using _______ power.
legitimate
reward
referent
absolute
Answers
Answer:
absolute powerrrrrrrrrr
When employers give raises, they're using reward power. Thus, option (b) is correct.
Being able to give others rewards or incentives gives one a form of power known as reward power. Employers might utilize incentives such as increases, bonuses, promotions, or other rewards to encourage workers at work.
Employers have the capacity to shape their employees' behaviour and motivate them to put in more effort or deliver better work by employing the power of rewards. Legitimate power, on the other hand, comes from a person's position or title within an organization. This form of power is distinct from that.
As a result, the significance of the employers give raises, they're using reward power are the aforementioned. Therefore, option (b) is correct.
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Ralph Smart, the owner of the Blackburn Garage, is considering the possibility of becoming a Silencer Muffler franchisee. The garage’s current operations consist of four service bays (areas). These areas are: (a) tune-ups, (b) lubrication and oil change, (c) wheel alignment, and (d) transmission repair. Each service bay is dedicated to a specific type of auto repair, so only one type of repair can be made in each bay.
For internal control purposes, Ralph uses a job-order, standard, full-absorption, usage-based costing system to accumulate costs for each job/repair. Parts are charged at their procurement cost. Labor and overhead (OH) costs are combined into one cost pool and jointly charged to each job at a rate of $36 per mechanic hour. This rate is comprised of: (a) a variable labor cost of $15 per hour, (b) variable overhead rate of $5 per labor hour and (c) a fixed overhead rate of $16 per labor hour.
Ralph estimates the following profits for a typical job in each of the four service areas:
Tune-Up Lube & Oil Wheel Alignment Trans. Repair
Price $59 $20 $30 $380
Parts Cost 12 8 3 200
Allocated Costs 36 9 21 144
Profit per job $11 $ 3 $ 6 $ 36
Blackburn currently employs four mechanics, each of whom may work a maximum of 36 hours per week and 48 weeks per year. Mechanics are only paid for hours actually spent repairing cars. Because of space limitations, no more than four mechanics may be employed. Operating additional shifts (i.e., expanding the total amount of available labor) is not an option.
Ralph would buy the Silencer mufflers for $25 each and it is expected that, on average, installation time would be 30 minutes. The variable overhead rate for this work will be the same as for other repairs. Total fixed costs are expected to remain the same.
Because of facility requirements, mufflers can only be installed in the following bays: Tune-Up, Lube & Oil, and Transmission Repair. In each of these bays, muffler work may be interchanged with the normal work of that bay and there are no delays in switching between muffler work and the normal work of that bay. Only one mechanic may work in one service bay at a time, so even if there is a mechanic at another bay who is not working, he/she cannot help out a mechanic in another bay.
The expected annual demands (expressed in terms of repair hours) at the current prices in Tune-Up (TU), Lubrication and Oil (LO), Wheel Alignment (WA) and Transmission Repair (TR), are 1,600, 1,500, 1,825, and 1,950 hours, respectively. The demand for each service is independent of the demand for other services.
The Silencer Company requires that any franchisee must give the muffler customer priority service and that prices must be the same to all muffler customers. Any franchisee failing to do this is terminated. The practical consequence of this requirement is that the demand for mufflers must be met first before non-muffler customers if Blackburn becomes a franchisee, regardless of how profitable muffler repairs are compared to the other types of repairs.
A. Assume that Ralph becomes a Silencer Muffler franchisee. How many mufflers should be installed in each bay during the year in order to maximize profits if the expected annual demand for mufflers is 1,000 units? Hint: You don’t need to know how much Ralph will charge for the muffler. (i) Tune-Ups: (ii) Lube & Oil: (iii) Wheel Alignment: (iv) Trans. Repair:
Answers
To maximize profits, Ralph should install 250 mufflers in Tune-Ups, 250 in Lube & Oil, and 500 in Transmission Repair. There should be no mufflers installed in Wheel Alignment as it is not one of the designated bays for muffler work.
The contribution margin per muffler is $13 in Tune-Ups, $17 in Lube & Oil, $6 in Wheel Alignment, and $61 in Transmission Repair. Since Silencer Company requires that muffler customers be given priority service, we should first allocate the mufflers to bays where they provide the highest contribution margin. Based on this, we should install the most mufflers in Transmission Repair, followed by Lube & Oil and Tune-Ups. Wheel Alignment should not receive any mufflers as it provides the lowest contribution margin per muffler.
Therefore, to maximize profits, Ralph should install 250 mufflers in Tune-Ups, 250 in Lube & Oil, and 500 in Transmission Repair, and no mufflers in Wheel Alignment. This allocation will ensure that the mufflers are installed in bays where they provide the highest contribution margin per muffler and will result in the greatest overall profit for the garage.
(i) Tune-Ups: To maximize profits, Ralph should first prioritize the service areas with the highest profit per job. Since Tune-Up has a profit per job of $11, it would be logical to prioritize muffler installations in this bay. However, given that Tune-Up has an annual demand of 1,600 hours, it can only accommodate up to 1,728 muffler installations per year (assuming 36 hours per week, 48 weeks per year, and 30 minutes per installation). Since the expected annual demand for mufflers is 1,000 units, Ralph can install all 1,000 mufflers in the Tune-Up bay.
(ii) Lube & Oil: Since all the mufflers can be installed in the Tune-Up bay, there would be no need to install mufflers in the Lube & Oil bay. Therefore, the number of mufflers installed in this bay would be 0.
(iii) Wheel Alignment: Mufflers cannot be installed in the Wheel Alignment bay due to facility requirements, so the number of mufflers installed in this bay would also be 0.
(iv) Trans. Repair: Similar to the Lube & Oil bay, there would be no need to install mufflers in the Transmission Repair bay as all the mufflers can be installed in the Tune-Up bay. The number of mufflers installed in this bay would be 0.
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which of the following skill do employers in any field expect their empolyees to have
Answers
Answer:
The following skills employers expect from employee in recent times are (1) Communications skills (2)Fair knowledge of how to combine both technology and solutions together. (3)Critical thinking (4) emotional intelligence (5) Good writing skills (6) Flexibility and Agility (7) Sound knowledge in M.S words.
Explanation:
Solution
The required skill that employers expect their employees to have as at today is given below:
Communications skills:do the employee know how to influence and persuade others. Can they and do they want to do this. Fair knowledge of how to combine both technology and solutions together to function better that is, blending solutions to boost the ideas with speed.Flexibility and agility : can the employee flexible or are they difficult and too set in their ways? Are they so tough and opinionated that its takes hours to convince them.Writing skills: Do they have the ability to persuade and pitch especially in the use of emails.Sound knowledge of MS(Microsoft word) words: Do the employees have basic knowledge and use in MS applications as at today.Overall, pleasant and kind personEmotional intelligenceCritical thinking: Will the employees see issues based on facts or emotionsa description about agriculture
Answers
Answer:
The art and science of cultivating the land, growing crops, and raising livestock is known as agriculture. It entails the processing of plant and animal products for human consumption as well as their delivery to markets. These goods, as well as the agricultural practices employed, may differ from one region to the next.
Explanation:
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Macrophages in the lamina propria of the intestines behave differently than macrophages found in skin tissue. Those in the lamina propria
O express much higher levels of TLRS
O do not express signaling receptors needed for inflammatory cytokines.
O cannot phagocytose bacteria
O actually, there are none in the lamina propria
O express high levels of 87 costimulator
Answers
Macrophages in the lamina propria of the intestines express higher levels of Toll-like receptors (TLRs).
What differentiates macrophages in the lamina propria of the intestines from those found in skin tissue?Macrophages in the lamina propria of the intestines exhibit distinct characteristics compared to macrophages found in skin tissue.
One key difference is that macrophages in the lamina propria express much higher levels of Toll-like receptors (TLRs).
Toll-like receptors play a crucial role in recognizing and responding to microbial components, initiating immune responses against pathogens.
This heightened expression of TLRs suggests that intestinal macrophages are specialized to detect and respond to microbial stimuli within the gut environment.
In contrast, the statement that they do not express signaling receptors needed for inflammatory cytokines, cannot phagocytose bacteria, or express high levels of 87 costimulator contradicts our current understanding of macrophage functions and may not be accurate.
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A business analyzes what competitors are charging for products.
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When a business analyzes what the competitors are charging for their products, it is known as the process of marketing info management.
What is the significance of business competitors?A business competitor can be referred to or considered as an organization that deals in the same product that is offered for sale by other enterprises in the same market.
It is important for a business to keep an eye on the acts of its competitors, as it helps them in keeping themselves updated with marketing info management.
Therefore, the significance regarding the business competitors has been aforementioned.
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A worker's skills knowledge and experience are known as
what
Answers
Answer:
human capital
Explanation:
A bond that pays a yearly interest rate of $100 is for sale. The interest rate was 10 percent and now is 5 percent. The price of the bond hasA. decreased from $1,000 to $500.
B. decreased from $2000 to $1,000.
D. increased from $500 to $2,000.C. increased from $1,000 to $2,000.
Answers
A bond that pays a yearly interest rate of $100 had an initial interest rate of 10% and now has an interest rate of 5%. The price of the bond has:
C. increased from $1,000 to $2,000.
To understand this, we need to look at the relationship between bond prices and interest rates. When the interest rate decreases, bond prices increase. This is because the fixed interest payment becomes more valuable in a lower interest rate environment.
Initially, when the interest rate was 10%, the bond price was $1,000. This is calculated by taking the annual interest payment ($100) and dividing it by the interest rate (0.10): $100 / 0.10 = $1,000.
When the interest rate decreases to 5%, the bond price increases. To find the new bond price, divide the annual interest payment ($100) by the new interest rate (0.05): $100 / 0.05 = $2,000.
Therefore, the correct answer is that the bond price has increased from $1,000 to $2,000 due to the decrease in the interest rate from 10% to 5%.
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In ____________________ temperatures, the charge termination set point (CTSP) is reached before the battery has a chance to become fully charged.
Answers
In extremely cold temperatures, the charge termination set point (CTSP) is reached before the battery has a chance to become fully charged.
During cold weather conditions, the chemical reactions within a battery slow down, reducing its overall efficiency. This means that the battery takes longer to reach its full charge capacity. However, the CTSP, which is a predefined voltage or current level at which the charging process is terminated to prevent overcharging, may be reached before the battery reaches its maximum charge.
When the CTSP is reached, the charging process is stopped even if the battery is not fully charged. This is done to protect the battery from potential damage that can occur from overcharging, such as excessive heat generation or electrolyte breakdown. Therefore, in extremely cold temperatures, the CTSP is reached earlier in the charging process, resulting in a battery that is not fully charged.
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some people argue that unpaid internships should be illegal. in what ways is an unpaid internship part of a poverty trap?
Answers
High-quality unpaid internships can pave the way for eventual, higher-paying employment. People without finances frequently find it difficult to take an unpaid internship.
A college grad who participated in an internship increases their lifetime likelihood of working by double. There is no denying an internship's significant impact. The issue is that only one-third of American college graduates reach this benchmark, and there is still a significant equity gap when it comes to internship experiences. Although there are several causes for this, the fundamental problem is the acceptance of unpaid internships as a standard practice. They need to be eliminated right away.
Unpaid internships exacerbate racial and economic gaps around one of the most crucial experiences for a student's growth and preparedness for the workforce. Furthermore, the practice should no longer be accepted or permitted by any student, institution, or business. It is incumbent upon us all to put an end to behaviors that exacerbate issues like racism and the widening socioeconomic gap that the nation is experiencing. Various initiatives to expand apprenticeship possibilities, provide free community college, and eliminate degree requirements for professions are picking up steam in the name of enhancing diversity talent pipelines and work-readiness. The elimination of unpaid internships should be one of our top priority in public policy.
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Describe how you learn and adjust when an experience does not turn out as expected. describe a situation, your actions, and the outcome.
Answers
To learn and adjust when an experience does not turn out as expected the individual should identify the weak areas and develop it, to further prepare for more opportunities.
What is learning?Learning involves acquiring knowledge, information or an insight about something.
Learning can be done in both formal and informal settings such as environment.
When an experience does not turn out as expected the individual should look out for possible mistakes and how best it can be done to achieve success.
Attention should be given to areas where the individual failed while preparing for more opportunities.
Therefore, to learn and adjust when an experience does not turn out as expected the individual should identify the weak areas and develop it, to further prepare for more opportunities.
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Answer:
You can as well gain experience from people around you. Or simply reading more about a particular issue. For example, if you want to know more about HIV Aids, you don't need to be a victim to tell or explain to someone. You can simply read about it and it, and it is as good as having experienced it.
how to tell if two goods are substitutes or complements from demand function
Answers
Cross-price elasticity determines substitutes or complements from demand functions. Positive value indicates substitutes, negative indicates complements.
To determine whether two goods are substitutes or complements using demand functions, you can examine the signs and magnitudes of the cross-price elasticities.
1. Substitutes: If an increase in the price of one good leads to an increase in the quantity demanded of the other good, they are considered substitutes. In the demand function, the cross-price elasticity of demand should be positive. A higher positive value indicates a stronger degree of substitution.
2. Complements: If an increase in the price of one good leads to a decrease in the quantity demanded of the other good, they are considered complements. In the demand function, the cross-price elasticity of demand should be negative. A more negative value indicates a stronger degree of complementarity.
To calculate the cross-price elasticity of demand, you need the demand function for each good and the prices of both goods. The cross-price elasticity is given by the formula:
Cross-price elasticity = (% change in quantity demanded of one good) / (% change in price of the other good)
If the cross-price elasticity is positive, the goods are substitutes. If it is negative, the goods are complements.
It's important to note that the interpretation of substitutes and complements may also depend on the context and specific market conditions. Market research and consumer behavior analysis can provide additional insights into the relationship between two goods and whether they are substitutes or complements in practice.
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Without doing any calculations, determine the missing number that will make the value of Expression B half the value of Expression A.
A (8 + 54 + 91) × 12
B (8 + 54 + 91) × _____
Answers
Answer:
B (8 + 54 + 91) × _____ If im wrong apologies
Explanation:
Fiona signed an agreement to either buy or not buy nick’s vacant lot for $310,000 by a specific date. What's this agreement called?
Answers
Fiona signed an agreement to either buy or not buy nick’s vacant lot for $310,000 by a specific date. This agreement is called a bilateral contract.
What is bilateral contact?A bilateral contract is a contract which is made between two parties. Under this contract, both parties make promises to each other on the terms and conditions. In this contract, the promise of one party turns into a consideration of the other party. It is the most common kind of contract which is binding in nature.
Fiona signed a contract promising to either purchase Nick's vacant lot for $310,000 by a certain date or not. It's referred to as a bilateral contract.
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Decision Point: Using the Association to Grow the Business Several months after starting the advertising campaign, you meet with the director again. She says, "Our consumers are finally associating our cookie with a good-tasting experience over time. We see this in increased sales as well." She continues, "We feel that we can use this newly forged association in the consumer's mind between the cookie brand name and good taste in other ways to help grow our business, but we're not sure how. I'd like you to come up with some ideas." Which of the following options is the best choice to use the brand and its association in the consumer's mind with good taste? Select an option from the choices below and click Submit. License the brand to another company to use on a potato chip. Develop a line extension using the brand on a chocolate chip cookie. License the brand to a company that wants to use it on their lower cost baked goods.
Answers
The best choice to utilize the brand and its association with good taste in the consumer's mind would be to develop a line extension using the brand on a chocolate chip cookie. Option B.
By developing a line extension, the company can leverage the positive association consumers have between the brand name and good taste to introduce a new product variant that aligns with their existing offerings. Chocolate chip cookies are a natural fit as they maintain the core essence of the original cookie while adding a popular flavor variation.
This allows the company to tap into the existing customer base who already associate the brand with good taste and provide them with a new product option to explore.
Introducing a line extension also provides an opportunity for the company to expand its market reach and capture new customers who may be attracted to the brand's reputation for quality and taste. By leveraging the positive brand association, the company can differentiate its chocolate chip cookies from competitors and establish a strong presence in the market.
On the other hand, licensing the brand to another company to use on a potato chip or licensing it to a company that wants to use it on their lower-cost baked goods may dilute the brand's association with good taste. Associating the brand with lower-cost or unrelated products could create confusion among consumers and weaken the brand's overall image.
Therefore, developing a line extension with a chocolate chip cookie aligns with the brand's existing identity, capitalizes on the positive association with good taste, and provides the company with the opportunity to expand its product portfolio while maintaining brand consistency and consumer loyalty. So Option B is correct.
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T/F the company's bank reconciliation is a critical means by which an auditor completes audit procedures over the cash balance in the financial statements.
Answers
The statement "The company's bank reconciliation is a critical means by which an auditor completes audit procedures over the cash balance in the financial statements" is true. Bank reconciliations are an essential part of the audit process as they help auditors verify the accuracy of a company's cash balance in the financial statements.
A bank reconciliation involves comparing the company's internal records of cash transactions and balances with the corresponding information provided by the bank. This process helps identify any discrepancies between the two sets of records, such as timing differences, errors, or potential fraud.
1. Obtain the company's cash records and bank statements for the period being audited.
2. Compare the beginning and ending balances in the company's cash records to the corresponding balances on the bank statements.
3. Identify any outstanding deposits, checks, or other transactions that have been recorded by the company but not yet reflected in the bank statement.
4. Adjust the company's cash records for any errors or omissions discovered during the reconciliation process.
5. Confirm that the adjusted cash balance in the company's records agrees with the adjusted bank balance.
By completing a thorough bank reconciliation, the auditor can gain assurance that the company's cash balance is fairly stated in the financial statements. This process not only helps to detect errors or fraud but also strengthens the overall reliability of the financial reporting.
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Tracking a website you visit and compiling information could be an example of _____.
Answers
Answer:
ISP
Explanation:
Internet Service Providers (ISPs) can see everything you do online. They can track things like which websites you visit, how long you spend on them, the content you watch, the device you're using, and your geographic location.
3. Considered the back office", Involves behind the scenes paperwork
required to complete all transactions. Found in both the service and the
manufacturing sector *
Answers
Answer:
The back office is the portion of a company made up of administration and support personnel, who are not client-facing. Back-office functions include settlements, clearances, record maintenance, regulatory compliance, accounting, and IT services.
Explanation:
List the participants in the circular flow of a closed economy. Suggest one example for each .
Answers
The participants in the circular flow of a closed economy are - households, businesses and government.
What is a circular flow model?The circular flow model shows how money flow in society. Money flows from producers to workers as wages and back to producers as product payment.
Circular flow models in a two-sector model begin with the household sector, which engages in consumption spending. Households contribute to the economy by working (giving time and labour) and purchasing goods (giving away money). In exchange, households buy goods and use government services. The model also incorporates the business sector that manufactures the goods.
Cash flows from the government sector are included in a three-sector model. Through government spending, the government injects money into the circle (G)
Therefore, the participants in the circular flow of a closed economy is listed above and how each of them affects the flow is also mentioned.
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The larger the purchase, the less time businesses spend comparing vendors.
True
False
Answers
Choose the option that best matches the description given. Extra funds set aside in a nonprofit human services organization are known as
Answers
Answer:
A). Prudent reserve
Multiple-choice options for this question.
A) .Prudent reserve B) Rainy day funds C) bonus pay
Explanation:
The prudent reserve is the amount of money set aside for use should donations decrease. Nonprofit human services organization uses the prudent reserve to meet operational expenses in periods of low contributions. Therefore, the prudent reserve is a form of a saving plan sufficient to cover expenses for several months.
The recommendation is that Nonprofit human services organizations should have prudent reserves to cover at least three months but not more than one year.
Answer:
Prudent reserve
Explanation:
Matty Kaminsky owns a new Volvo. His June monthly interest is $400. The rate is 8 ½%. Matty's principal balance at the beginning of June is (use 360 days):
Answers
Answer:
$56,470.59
Explanation:
We need to calculate the principal amount at the beginning of June
Data:
Interest (I) = $400
Rate(r) = 8.5%
Time(t) = 360 days
Solution:
We can calculate the principal amount by rearranging the Interest calculation formula
Formula: I = Prt
Note; Where P in the formula is the principal amount
Now rearrange the formula in order to find principal
P = I/rt
P = $400/(0.085)x(30/360)
P = $400/(0.085)x(0.08333333333333)
P = $400/(0.00708333333333
P = $56,470.59
Note: we only need to find the principal balance of June so we will consider only 30 days of June out of 360 days.
Compare the four forms of competition.
Answers
Answer:
I
Explanation:
1
Question 2. Small Town Sweets—audit planning analytics (4%)
Small Town Sweets is based in Molong, NSW, and produces a range of high-quality confectionery for the East Coast market. Small Town Sweets operates in a low-margin environment, which typically means that large volumes are required to cover overhead costs and generate profits. It also means that overheads need to be kept under control to ensure that a net profit is generated from its operations. Debt is also kept to a minimum to ensure that interest costs are low and that there is sufficient margin to protect solvency during downturns.
The company did not reach industry profitability benchmarks in the previous year and budgeted to do better in the current year. It thought that it could do so by keeping its costs down in relation to sales while allowing its gross margin to drop, evidently planning to generate a larger volume of sales. The company also planned to better manage its working capital by reducing inventory and accounts receivable levels, indicating that it expected to produce a healthy cash flow to enable it to do so. As part of the planning process MCA has produced the following analytical information:
Ratio Actual Budgeted Prior Year Industry
Return on equity % 12.9 16.6 14.8 15.5
Return on total assets % 10.7 14.2 13.1 14.5
Gross margin % 8.5 9.0 9.5 9.0
Marketing expense/sales % 2.6 1.8 2.0 2.2
Admin expenses/sales % 1.6 1.6 1.8 2.0
Interest coverage ratio 5.4 8.1 6.4 6.0
Days in inventory 33.1 30.4 31.1 30.0
Days in accounts receivable 50.0 48.0 49.7 45.0
Current ratio 1.3 1.2 1.2 1.5
Quick asset ratio 0.81 0.77 0.77 1.0
Debt to equity ratio 0.51 0.33 0.41 0.40
Required
With reference to ASA 315 and the information above, identify and justify:
the three ratios that would be of most interest in the planning of the audit.
the account balance that is most at risk for each ratio identified in 1.
the assertion most at risk for each account balance identified in 2.
Answer this question using the following headings:
1. Ratio
2. Account balance
3. Assertion
Answers
Ratio:
a) Return on equity %
b) Days in inventory
c) Days in accounts receivable
Account balance:
a) Net income
b) Inventory
c) Accounts receivable
Assertion:
a) Existence
b) Valuation
c) Completeness
Justification:
Ratio:
a) Return on equity %: Return on equity is a key profitability ratio that measures the company's ability to generate profits for shareholders. It is of interest to auditors as it provides insight into the effectiveness of the company's management team in generating profits. A lower than expected return on equity could indicate mismanagement or fraudulent activity.
b) Days in inventory: Days in inventory is a ratio that measures the average number of days it takes for inventory to be sold. It is of interest to auditors as it provides insight into the efficiency of the company's inventory management system. A high number of days in inventory could indicate that inventory is not being managed efficiently, leading to potential overstatement of inventory and understatement of cost of sales.
c) Days in accounts receivable: Days in accounts receivable is a ratio that measures the average number of days it takes for customers to pay their bills. It is of interest to auditors as it provides insight into the efficiency of the company's accounts receivable management system. A high number of days in accounts receivable could indicate that the company is not collecting receivables in a timely manner, leading to potential overstatement of accounts receivable and understatement of bad debts.
Account balance:
a) Net income: Net income is the primary measure of a company's profitability. It is at risk if the return on equity ratio is lower than expected, as it may indicate mismanagement or fraudulent activity.
b) Inventory: Inventory is a major component of cost of sales and is at risk if the days in inventory ratio is higher than expected, as it may indicate potential overstatement of inventory and understatement of cost of sales.
c) Accounts receivable: Accounts receivable represent amounts owed to the company by customers. They are at risk if the days in accounts receivable ratio is higher than expected, as it may indicate potential overstatement of accounts receivable and understatement of bad debts.
Assertion:
a) Existence: The existence assertion is at risk for net income if the return on equity ratio is lower than expected, as it may indicate mismanagement or fraudulent activity.
b) Valuation: The valuation assertion is at risk for inventory if the days in inventory ratio is higher than expected, as it may indicate potential overstatement of inventory and understatement of cost of sales.
c) Completeness: The completeness assertion is at risk for accounts receivable if the days in accounts receivable ratio is higher than expected, as it may indicate potential overstatement of accounts receivable and understatement of bad debts.
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What should investors consider when planning for their retirement? Check all that apply. -the amount an employer will match for a 401(k) -the contributions an employer will make to an IRA -the ideal age to establish a particular retirement plan -the amount an investor is allowed to contribute annually -the tax laws and breaks related to different retirement plans -the amount that can be withdrawn early without getting taxed
Answers
In a 401k the employer usually matches a percentage and if you are lucky dollar for dollar, where in an IRA it is does an an extra option with a set amount of money usually 2500 or more for each IRA contribution.
Correct option is A, C, D and E.
1. The amount an employer will match for a 401(k):- you don't have to forget when you will need the money, retirement is years away, but you have to know what choices will make it worth by the time you need the money back. And it is also important to know really how much you can invest. When you have a large amount more options are available. But using a variety of investments will reduce the risk.
3. The ideal age to establish a particular retirement plan:- that will set you up for the plan you need. Below 50 or older.
4. The amount an investor is allowed to contribute annually, the federal law allows a maximum contribution for participants older than 50.
5. The tax laws and breaks related to different retirement plans:- retirement plans can often give you tax benefits in the present it depends to the one you choose. For example, the payment of the tax on the money deposited in a traditional 401 (k) plan can be delayed until the money is withdrawn from the account.
To know more about retirement, refer to the link:
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Answer:
A,C,D,E
Explanation:
I did it and this was correct.