why b is incorrect? *  which is the correct ans

Q: A student puts $10,000 in a savings account that pays 16% annual interest, compounded quarterly.…

A: Amount put in savings bank = $ 10,000 Interest Rate(r) = 16% compounded quarterly = 16/4 = 4% Total…

Q: If the corporation's board of directors decides a P100,000 restriction of accumulated profits for a…

A: The answer is option (b) [i.e, increase in accumulated profits not available for dividend…

Q: Bramlett Company produces and sells two different product: Thingone and Thingtwo. Company uses two…

A: Since you have posted multiple questions with multiple sub parts, we will provide the solution only…

Q: Mortgage Details Principal Loan Length Interest Rate Monthly Payment A. $375.72 C. $386.40 $180,000…

A: Mortgages loans are paid by the monthly payments and these monthly payments carry the payment for…

Q: Bonds of Francesca Corporation with a par value of $1,000 sell for $965, mature in five years, and…

A: Horizon Yield refers to the rate of return from the bond if it is held till maturity.

Q: What is the answer question (A ) only??

A: Lets understand the basics. Management calculates the cash collection and cash payment for the…

Q: correct

A: Correct Answer :- C 6000 Gain

Q: this is wrong. Answer is B

A: A dividend is defined as the part of the profit which is not distributed by the company among the…

Q: Which of the following services can be classified as an assurance service? O A. The auditor verifies…

A: Answer: option (A)

Q: Can you explain why D is the correct answer?

A: Trial balance:   A financial statement which integrates all the balance of ledger accounts is termed…

Q: With the estimates shown below, Sarah needs to determine the trade-in (replacement) value of machine…

A: calculation of replacement cost are as folows

Q: What is the total payment required to pay off a promissory note issued for $750.00 at 6% ordinary…

A: Ordinary interest is a type of interest calculation that is based on the original principal amount…

Q: Car Rental Terms Daily Rate Relocation Fee Refueling Fee Fuel Cost Airport Fee Sales Tax A. $468.65…

A: Rental cost The activity or process of renting something, such as a car, a piece of property, or a…

Q: If there is a Standard or Interpretation that specifically applies to a transaction, it overrides…

A: The answer for the True or false question on the applicability of Conceptual framework is discussed…

Q: ans

A: The right answer is Due to shortage of personnel the client asks a member firm to assist with the…

Q: uestion 14 Controls are not designed to provide assurance that: A. Transactions are executed in…

A: Internal controls are the rules and regulations laid down by the management which must be followed…

Q: A company is preparing to produce a set of financial statements. The balance sheet being created…

A: The balance sheet represents the financial position of the business with assets, liabilities and…

Q: 7) Yeşil Corp. purchases a machine on January 1, 2017 for $60,000. The machine has a life of 4 years…

A: The depreciation rate under double declining method has been calculated as follows: Depreciation…

Q: 7- Presented below is selected information related to Sultan Company at December 31, 2020. Sultan…

A: >Assets are the financial resources or investment of an entity on which it has control and these…

Q: are the answers correct?

A: Standard input/output means the budgeted or planned input or output.Variances are computed as…

Q: Are these answers correct

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: Please explain answer. Option 1 is incorrect

A: Reinvestment risk is that risk in which there exists a probability that the concerned investor will…

Q: Expense Gas Insurance Oil Registration Depreciation Yearly cost or rate A. $6.10 per mile C. $0.23…

A: Cost per mile is to be calculated by taking total cost as numerator and total number of miles…

Q: Could someone answer situation B?

A: To determine the cash payment to suppliers, you need to consider the change in accounts payable…

Q: d. If the company can issue $1,000-par-value, 12% coupon, 11-year bonds that can be sold for $1,180…

A: Cost of Debt: It represents the cost of raising capital for the issuer from the investors. The debt…

Q: The basic purpose of accounting is to provide information about economic activities intended to be…

A: Accounting is a system meant for measuring business activities, processing of information into…

Q: (a) What are the current yield on a three-year bond whose face value is $1000 with a coupon rate of…

A: Bonds are the financial instruments that are the debt instruments of a company and are used for…

Q: 2. Roberta has the following information to evaluate: her current salary of $75,000 versus total…

A: Revenue = $ 130,000 Expenses = $ 80,000

Q: You feel you need to make impressions per day with 3,000 people and get about 60 clicks per day to…

A: Impressions per day = 3000 Impression charges = $0.01 per impression Clicks per day = 60 Clicks…

Q: In the equation, PV = P1,000 x (1+ 1.06)–5, the (1+.06)¬5 can otherwise be presented as O…

A: The equation for Present Value of an amount is, PV=FV(1+i)n

Q: Which answer is correct and why?

A: Under average cost method, average cost per unit is calculated as: = Total cost of opening inventory…

Q: deferred tax asset and deferred tax liability

A: Deferred tax is the tax arises due to the differences between accounting income and taxable income.…

Q: Question D is incorrect. Can you check the answer

A: Here discuss about the details of the taxable income and income tax which are incurred with the tax…

Q: nce sheet is presented for the partherst a the ratio of 60:40, respectively

A: Correct Answer is :- D 195,000

Q: Which one of the following is not a unit level driver? Select one: а. Direct labor hours b.…

A: Drivers are those objects which causes the costs to arise or occur. Unit level drivers are those…

Q: Which of the following statements is true about compliance audit? A Review of income tax returns of…

A: SOLUTION- COMPLIANCE AUDIT - IT IS THE TYPE OD AUDIT SERVICE THAT THEIR PERFORMANCE OR PROCEDURE IS…

Q: Which of the following services is not an example of a nonassurance service? OA The auditor examines…

A: Non-assurance services :            The accounting professionals are allowed to perform both types…

Q: Electricity Gas Water Utilities 6000.00 $.15/kwh Phone $40/month $100/month $1/100 ft3 Internet…

A: A utility bill is a monthly invoice that is generated by a utility company, such as an electricity,…

Q: a. Find the reorder point necessary to provide a 98 percent service probability.

A: Following formula can be used to calculate the re-order point:

Q: please explain the answer B

A: In the net realizable value method, joint costs are allocated based on the total final sales value…

Q: v Question Completion Status: A student puts $10,000 in a savings account that pays 16% annual…

A: Because you have posted multiple questions, we will answer the first question only, for the…

Q: In preparing the cash flows from operating activities section of a statement of cash flows (using…

A: In the indirect method of preparing cash flow statement, the net cash flow from operating activity…

Q: Stinnett Transmissions, Incorporated, has the following estimates for its new gear assembly project:…

A: In the  Best case scenario, unit sales and unit price will increase, while the Unit variable cost…