At year-end, the perpetual inventory records of Anderson Co. indicate 60 units of a pa
A、$36,000.
B、$42,000.
C、$36,500.
D、$37,500.
A、$36,000.
B、$42,000.
C、$36,500.
D、$37,500.
Hawthorn Enterprises Co
Hawthorn Enterprises Co (Hawthorn) manufactures and distributes fashion clothing to retail stores. Its year end was 31 March 2015. You are the audit manager and the year-end audit is due to commence shortly. The following three matters have been brought to your attention.
Hawthorn receives monthly statements from its main suppliers and although these have been retained, none have been reconciled to the payables ledger as at 31 March 2015. The engagement partner has asked the audit senior to recommend the procedures to be performed on supplier statements.(3 marks)
(ii) Bank reconciliation
During last year’s audit of Hawthorn’s bank and cash, significant cut off errors were discovered with a number of post year-end cheques being processed prior to the year end to reduce payables. The finance director has assured the audit engagement partner that this error has not occurred again this year and that the bank reconciliation has been carefully prepared. The audit engagement partner has asked that the bank reconciliation is comprehensively audited. (4 marks)
(iii) Receivables
Hawthorn’s receivables ledger has increased considerably during the year, and the year-end balance is $2·3 million compared to $1·4 million last year. The finance director of Hawthorn has requested that a receivables circularisation is not carried out as a number of their customers complained last year about the inconvenience involved in responding. The engagement partner has agreed to this request, and tasked you with identifying alternative procedures to confirm the existence and valuation of receivables. (5 marks)
Required:
Describe substantive procedures you would perform. to obtain sufficient and appropriate audit evidence in relation to the above three matters.
Note: The mark allocation is shown against each of the three matters above.
许多录像带零售店提供两种可选择的租片方式:
(1)两部收费法。支付一笔年度会员费(例如40美元),然后在日常租赁影片时付较低的费用(例如每片每天2美元)。
(2)直接付租赁费。不付会员费,但付较高的日租费(例如每片每天4美元)。
本例中两部收费背后的理由是什么?为什么要给顾客两种方案选择,而不是只有一种两部收费?
Many retail video stores offer two alternative plans for renting films:
a A two-part tariff: Pay an annual membership fee (e.g S40), and then pay a small fee for the daily rental of each film (e. g. $2 per film per day).
b. A straight rental fee; Pay no membership fee, but pay a higher daily rental fee (e.g $4 per film per day). What is the logic behind the two-part tariff in this case? Why offer the customer a choice of two plans, rather than simply a two-part tariff?
以下表述不正确的是()
A.参数PER,代表第几期应还的利息
B.PPMT函数计算等额本息偿还法下第几期还款中的本金支付
C.IPMT函数计算等额本息偿还法下第几期还款中的利息支付
D.ISPMT函数计算等额本金偿还法下第几期应还的利息额
2007年,美国人消费了192亿包香烟。他们支付的平均零售价格为4.5美元/包。
(1)给定供给弹性为0.5,需求弹性为-0.4,推导香烟的线性需求与供给曲线。
(2)香烟税是联邦税种,2007年大约为每包40美分,该税收对市场出清价格和产量产生了什么影响?
(3)消费者将支付多少香烟税?生产者呢?
In 2007,Americans smoked 19. 2 billion packs of cigarettes. They paid an average retail price of $ 4.50 per pack.
a. Given that the elasticity of supply is 0. 5 and the elasticity of demand is -0. 4 , derive linear demand and supply curves for cigarettes.
b. Cigarettes are subject to a federal tax, which was about 40 cents per pack in 2007. What does this tax do to the market - clearing price and quantity?
c. How much of the federal tax will consumers pay? What part will producers pay?
A.SLN函数用于返回某项资产以直线法计提的每一期的折旧值
B.SLN函数用于使用双倍余额递减法或其他指定的方法,计算一项固定资产在给定期间内的折旧值
C.SYD函数用于使用双倍余额递减法或其他指定的方法,计算一项固定资产在给定期间内的折旧值
D.DDB函数用于返回某项资产按年数总和折旧法计算的在第“per”期的折旧值
一家企业的固定生产成本为5000美元,边际生产成本为常数,为500美元/单位产品。
(1)企业的总成本函数是什么?平均成本呢?
(2)如果企业想使其平均总成本最低,它应该选择非常大的产量还是比较小的产量?解释你的结论。
A firm has a fixed production cost of $ 5000 and a constant marginal cost of production of S 500 per unit produced.
a. What is the firm' s total cost function? Average cost?
b. If the firm wanted to minimize the average total cost,would it choose to be very large or very small? Explain.
假设一个利润最大化的垄断者的生产产出为800单位,并索取每单位40美元的价格。
(1)如果产品的需求弹性为-2,求生产最后一单位产品的边际成本。
(2)厂商边际成本上的百分比价格加成为多少?
(3)假设生产最后一单位产品的平均成本为15美元,且厂商的固定成本为2000美元。求厂商的利润。
Suppose a profit - maximizing monopolist is producing 800 units of output and is charging a price of $ 40 per unit.
a. If the elasticity of demand for the product is - 2, find the marginal cost of the last unit produced.
b. What is the firm ' s percentage markup of price over marginal cost?
c. Suppose that the average cost of the last unit produced is $ I5 and the firm' s fixed cost is $ 2000. Find the firm' s profit.