Moranda and sills, LLP, has served for over 10 years as the auditor of the financial statements of Highland Bank and Trust. The firm is conducting its audit planning for the current fiscal year and is in the process of performing risk assessment procedures. Based on inquiries and other information obtained, the auditors learned that the bank is finalizing and acquisition of a smaller community bank located in another region of the state. Management anticipates that the transaction will close in the third quarter, and, while there will be some challenges in integrating the IT systems of the acquired bank and Highland systems, the bank should realize a number of operational cost saving over the long-term.

During the past year, the bank has expanded its online service options for customers, who can now remotely deposit funds into the withdraw funds from checking and savings accounts. The system has been well received by customers and the bank hopes to continue expanding those services. The challenge for Highland is that they are struggling to retain IT personnel given the strong job market from individuals with those skills.

Credit risk management continues to be a challenge for all banks, including Highland, and regulators continue to spend a lot of time on credit evaluation issues. The bank has a dedicated underwriting staff that continually evaluates the collectivity of loans outstanding. Unfortunately, some of the credit review staff recently left the bank to work for a competitor. Competition in the community banking space is tough, especially given the slow loan demand in the marketplace.

The bank has expanded its investment portfolio into a number of new types of instruments subject to fair value accounting. Management has engaged an outside valuation expert to ensure that the valuations are properly measured and reported.

Fortunately, the bank's capital position is strong and it far exceeds regulatory minimums. Capital is available to support growth goals in the bank's three-year strategic plan.
a. Describe any risks of material misstatement at the financial statement level.

b. Describe any risks of material misstatement at the assertion level.

c. Which, if any, risks would be considered a significant risk?

At an output level of $1,200 billion, there is a tendency for output to increase.

When output is at $1,200 billion, there is a tendency for output to increase. This is because an increase in output level indicates economic growth and expansion. When the economy is expanding, there is usually an increase in production and output.

This can be due to factors such as increased consumer demand, technological advancements, or government policies that promote economic growth. To illustrate, let's say that at an output level of $1,200 billion, there is an increase in consumer spending. This increase in consumer demand leads to higher production levels as businesses strive to meet the demand.

As a result, output increases. It's important to note that this tendency for output to increase is not guaranteed in every situation. Various factors, such as changes in government policies, economic shocks, or external events, can affect output levels. However, based on the given information, an output level of $1,200 billion suggests a tendency for output to increase.

Overall, at an output level of $1,200 billion, there is a tendency for output to increase due to factors such as increased consumer demand and economic growth.

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Answer:

hello your question is incomplete attached below is the complete question

answer : $ 1,391.692 ( first option )

Explanation:

Given P/E ratio = 6.0

Determine Implied Enterprise value

Implied Enterprise value =  (EBITDA * P/E ratio ) + Net debt (cash )

where EBITDA = $205.663

P/E ratio = 6

Net debt = $157.714

hence Implied Enterprise value = (205.663 * 6)+ 157.714 ≈ $ 1,391.692

NOTE : all $ values are in millions

The implied Enterprise Value of Alibaba is $740,366‎

Implied equity value = NTM earnings × P/E ratio

= $149,680 × 6.0

= $898,080‎

Now Implied enterprise value

= Implied equity value + Net debt

= $898,080 - $157,714

= $740,366‎

Therefore we can conclude that The implied Enterprise Value of Alibaba is $740,366‎

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Answer:

B. Because they differ by customer, and by time of year.

Explanation:

Moments of reality are hard to predict as it varies from customer to customer. All customers have different values and they rate a product or service according to their own values. Moments of reality can be positive or negative and they are influenced by customer experience.

Oswego Clay Pipe Company would record an account receivable of $46,000 on April 12, reflecting the services provided to Southeast Water District 45.

On April 12, Oswego Clay Pipe Company would record an accounts receivable of $46,000 in the amount due from Southeast Water District 45. The terms "VIS, V60" mean that the payment is due in 60 days (V60) and there is a 2% discount available if the payment is made within 10 days (VIS). The transaction would be recorded as follows:

Accounts receivable $46,000

Services revenue $46,000

This entry records the revenue earned by providing services to Southeast Water District 45. Since payment is expected in the future, an accounts receivable is created to track the amount owed by the customer.

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Answer: See Image Below

The adjusting entries for Skysong, Inc. for March is prepared from the given   selected accounts before adjusting entries have been prepared.

Adjusting entries are journal entries that are typically made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred. Under accrual-basis accounting, the revenue recognition principle serves as the foundation for making adjusting entries for unearned and accrued revenues.

The adjusting entries are as follows:-

No.   Date           Account Tiles and Explanation       Debit        Credit

1.      March 31        Depreciation expense                      756

                       Accumulated Depreciation expense                        756

2.     March 31    Unearned Rent revenue                        5580

                            Rent revenue                                                        5580

3.     March 31      Interest Expense                                360

                            Interest payable                                                   360

4.    March 31        Supplies Expense                            1935

                               Supplies                                                             1935

5.    March 31       Insurance Expense                             1080

                            Prepaid Insurance                                                    1080

Therefore, the adjusting entries are prepared on March 31.

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The given initial value problems involve differential equations that can be solved using Laplace transforms.

In problem (a), the Laplace transform will be used to find the solution for the given equation and initial conditions. In problem (b), the Laplace transform will be applied to solve a different equation with specific initial conditions. Lastly, problem (c) requires applying the Laplace transform to find the solution for a differential equation with a piecewise function and initial condition.

(a) To solve the initial value problem y' - 2y + 2y = cost, y(0) = 1, y'(0) = 0, we first take the Laplace transform of both sides of the equation, substitute the initial conditions, and then solve for Y(s). After finding Y(s), we take the inverse Laplace transform to obtain the solution y(t).

(b) For the initial value problem y" - y = 0, y(0) = 2, y'(0) = -2, y''(0) = 0, we again take the Laplace transform of the given equation and apply the initial conditions. This will give us the transformed equation in terms of the Laplace variables. By solving for Y(s), we can then use the inverse Laplace transform to find the solution y(t).

(c) In the initial value problem y' + y(t) = '(0) = 0, 0 ≤ t < 5, and y(0) = 0, we encounter a piecewise function. We will apply the Laplace transform to the equation, taking into account the different intervals. By considering the initial condition and solving for Y(s), we can obtain the inverse Laplace transform to find the solution y(t) for the given differential equation.

Using Laplace transforms allows us to solve these initial value problems and find the solutions to the respective differential equations with their specific initial conditions.

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Answer:

$295,000

Explanation:

Calculation to determine what the change in annual net operating income for the company as a whole, compared to what it is currently, would be:

Price paid by Division Q for 33,500 wheel sets: $4,187,500

(33,500*$125 per)

Less: Cost for Division P to produce 33,500 wheel sets × $93 per wheel set ($3,115,500)

Less: Lost profit for Division P to cut back sales to the outside ($777,000)

[($135 per wheel set − $93 per wheel set) × ( 78,500 wheel-63,500-33,500=18,500wheel sets):

Change in net annual operating income for the company as a whole $295,000

($4,187,500-$3,115,500-$777,000)

Therefore the change in annual net operating income for the company as a whole, compared to what it is currently, would be:$295,000

Answer:

You will have worked five hours overtime

Explanation:

In standard work hours in most companies/organizations, the work hours weekly is usually 40 hours.

So if on works for 45 hours in the same pay period, it means such a person has worked 5 additional hours which is overtime.

Thus, option C is correct.

As the biggest metropolis in the country, New York City.

What is ethnic diversity?

Continues to outperform the majority of the former rival cities. The city's population increased by 9% in the 1990s and at last surpassed eight million people. Of the sixteen biggest metropolitan in the northeast or midwestern United States, New York is the only one whose population has increased during the past fifty years. Its economy is still strong.

The largest industry in Manhattan has a payroll per employee of over $80,000 annually, and the second-largest industry has a payroll per employee of about $200,000. Even New York experiences times of apparent rebirth and crisis, and the 1970s were undoubtedly a time of true catastrophe for the city. Early in the nineteenth century, New York's prosperity was fueled by the expansion of the city's manufacturing sector, which in turn was dependent on New York's dominance as a port. The late nineteenth-century expansion of New York was at least as much a result of its function as a port of entry for immigrants to the country.

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Throughput rate = 50 employees/month = 50*12 = six hundred employees/year. Hiring and schooling costs = $a thousand according to employee.

a) Number of call center employees, I = 1000 agents. You have a value of R = 50 employees/month. So average working time = lead time = I/R = 1000/50 = 20 months. On average, an agent works in a call center for 20 months.

b) Cost of hiring and training new agents = $1000. Increase in manager's desired employee tenure = 24 months. Current scenario:

Throughput rate = 50 employees/month = 50*12 = six hundred employees/year. Hiring and schooling costs = $a thousand according to employee. A call center agent is a person who handles incoming or outgoing phone calls from an organization's customers. Call center agents can handle account inquiries, customer complaints, or support issues. Agents who manage both inbound and outbound customer calls are also known as mixed agents.

Other names for a call center agent include customer service representative (CSR), contact center agent, telephone sales or service representative (TSR), attendant, operator, operator, account manager, or member of his team.

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Answer:

Residential

Explanation:

Answer:

There are many buyers and sellers in the market. Each company makes a similar product

(please give brainliest)

A key feature of a competitive market is the presence of numerous buyers and sellers, and each company produces a comparable product.

A perfect market, is also referred to as a competitive market, is defined in economics by several idealizing conditions, collectively known as perfect competition, or atomistic competition. It creates jobs and gives people a choice of employers and work environments.

A healthy market competition is critical to the functioning of the US economy. When firms compete for customers, it leads to lower prices, higher quality goods and services, greater variety, and more innovation.

Therefore, The presence of numerous buyers and sellers is a key feature of a competitive market, and each company produces a comparable product.

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In the strategic marketing planning process, ethical considerations should be incorporated during the strategy formulation phase.

This is the stage where the firm identifies its goals and objectives, assesses its internal and external environment, and determines its overall approach to the market. During this phase, the firm should take into account the ethical implications of its marketing activities and consider the impact that its decisions will have on various stakeholders, including customers, employees, suppliers, and society as a whole. For example, if the ice cream company wants to establish a strong ethical climate, it should consider ethical issues such as fair labor practices, environmentally sustainable sourcing of ingredients, and responsible advertising practices. By incorporating these considerations into its marketing strategy, the firm can ensure that it operates in an ethical and socially responsible manner while still achieving its business objectives.

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The bass note remains constant, even as we're going up the diatonic scale.

When we're talking about a musical scale, we're typically referring to a series of notes that follow a specific pattern of whole and half steps. The diatonic scale is a specific type of scale that consists of seven notes and follows a specific pattern of whole and half steps.  When we're talking about the bass note, we're typically referring to the lowest note in a chord or melody. In this case, the bass note remains constant, meaning it stays the same, even as we're going up the diatonic scale. This means that the notes above the bass note are changing, but the bass note itself is staying the same.  This could be important information for a musician who is trying to create a chord progression or melody that flows smoothly. By keeping the bass note constant, they can create a sense of stability and grounding in the music, even as the notes above it change and create movement and interest.

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Answer:

c) $4,000

Explanation:

The only funding needed is the difference between revenue and expense.

For year 1: funding required is $9,000 -$5000 = $4000

For year 2: funding required is$ 9,000 - $8000 = $1000

For year 3: funding required is $9000 -$10,000 = -$1000

cumulative funding = $4000, + $1000 + (-$1000)

=$5000 - $1000

=$4000

Answer:

De-clutter and Simplify. ...

Use Everything in Moderation. ...

Keep Things in Perspective. ...

Treat Others How They Want to Be Treated. ...

Family First. ...

Pay Attention to the Moment. ...

Have a Positive Mindset.

The tax status of a for-profit corporation can have a significant impact on the breakeven analysis. When calculating the breakeven point, the analysis assumes that all revenue generated goes towards covering the costs of the business. However, in reality, for-profit corporations must pay taxes on their earnings, which reduces the amount of revenue that can be used to cover costs.

Therefore, incorporating taxes into the breakeven analysis can increase the breakeven point for the hospital. This means that the hospital will need to generate more revenue to cover the additional cost of taxes before it can start earning a profit.

In addition, taxes may affect the pricing strategy of the hospital. The hospital may need to increase its prices to cover the tax liability, which could affect the demand for its services. Alternatively, the hospital may need to find ways to reduce its costs to offset the tax liability and maintain its competitive pricing.

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The tax status of a for-profit hospital would have a significant effect on the breakeven analysis. Taxes are an additional expense that must be factored into the hospital's cost structure and ultimately impact its breakeven point.

A higher tax rate would increase the hospital's breakeven point, as it would need to generate more revenue to cover the additional tax expense. On the other hand, tax deductions, such as those related to capital investments or healthcare-specific expenses, could lower the hospital's breakeven point.

Therefore, it is essential to consider tax implications in the breakeven analysis of a for-profit hospital, as they can significantly impact the hospital's financial performance and sustainability.

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The current educational system focuses on preparing youth for jobs, but it's important to differentiate between a profession and a business .

people become what they study and spend their lives working for someone else, neglecting their own business.

Financial security lies in building assets, not just relying on income. The poor and middle class struggle due to lack of financial foundation, often clinging to jobs for security. Possessions like homes and cars can become liabilities rather than assets. Traditional net-worth calculations may not account for unconventional sources of wealth, leading to difficulties in obtaining loans.

The first four paragraphs highlight the distinction between a profession and a business. While the educational system aims to equip individuals with scholastic skills for good jobs, it's crucial to understand that a profession alone might not guarantee financial independence. Many people mistakenly confuse their profession, such as being a banker, with owning a business. Financial security comes from minding one's own business and focusing on building assets rather than solely relying on income.

The second paragraph emphasizes that becoming what one studies can lead to a narrow focus on someone else's business, which often enriches others rather than oneself. To achieve financial stability, individuals need to pay attention to their own asset column. Differentiating between assets and liabilities becomes crucial. The wealthy prioritize growing their asset columns, while those who concentrate solely on their income statements struggle to achieve financial success.

The third paragraph delves into the reasons why the poor and middle class tend to be fiscally conservative and risk-averse. Lacking a strong financial foundation, they become dependent on their jobs for stability and are reluctant to take risks. Economic downturns expose the vulnerability of their so-called assets, such as homes and cars, which turn out to be burdens rather than sources of financial security.

The fourth paragraph illustrates a personal experience related to net-worth calculations and loan applications. It highlights the disparity between accepted accounting practices and unconventional wealth sources. While personal belongings like art collections, golf clubs, and expensive suits were not questioned, the committee focused on the applicant's rental property investments instead of a traditional job with a salary. This experience serves as an example of the challenges faced when deviating from the standard profile.

Overall, the passage emphasizes the importance of minding one's own business, building assets, and understanding the difference between assets and liabilities. It sheds light on the struggles faced by those without a solid financial foundation and challenges traditional notions of wealth evaluation.

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Answer:

1. Cell membrane.

2. Egg yolk.

3. Cytoplasm

Explanation:

Much like the egg shell, the cell membrane prevents things from entering the cell thereby protecting it the way the shell does for a chicken egg.

The egg yolk in the middle of the egg is like the nucleus in a cell which is also at the middle.

The cytoplasm of the cell is the structure between the nucleus and the cell membrane and this is very similar to the egg white which exists between the egg yolk and the egg shell.

The analogy between chivken egg and a cell is Cell membrane,Egg yolk

and cytoplasm.

1. EGG SHELL :Cell membrane.

2. Egg yolk : NUCLEUS

3. EGG WHITE : Cytoplasm

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Answer:

All communication way back used to be wiretapped, but now companies have been able to encrypt their data for protection of their information against wiretapping.

Companies like silicon valley has taken the bold step in securing their data from been hacked.

The back door is risky because if a person or people exposes their information to others, their information will be at risk because of hackers who might exploit their privacy or sensitive documents.

Finally, the idea of devices to be wiretapped is not a good idea, because most people want heir privacy, for this it is termed illegal to access one's privacy without the authorization from the person.

Explanation:

Solution

Before now all communication used to be wiretapped. presently, companies are encrypting data , for the purpose of this data to not be easily wiretapped.

Silicon valley companies have secured their devices through encryption unlike other companies. what this implies is that it will be tough for police to arrest criminals, but the normal or average people will have capacity to communicate or interact much better.

The back door method is risky because, presently in today's world there are people that are specialist in hacking, so if no backdoor exist, then there will be no room for anyone to hack into someone's phone.

It is considered a risk if your phone is exposed to others to easily access your private information.

I don't like the idea for devices should be wiretapped, this is because people need their privacy, they can't have that when their phones are wiretapped.

In general it is illegal and not right.

Answer:

Describe how surveillance of our telephones has changed over the years. It was originally manual, wires were connected by hand, and calls were recorded by tape. Now servalinec features are built into the networks and are now no longer needed to be done manually.

Explain what is different about how Silicon Valley companies have built their networks and what it means for the general public and law enforcement? Silicon Valeys have built strong encryption technology into their communication products. Which makes surveillance extremely difficult.  This means for the general public and law enforcement that their communications cannot be easily wiretapped.

Explain why it is risky for tech companies to build a “backdoor”. When a backdoor is created  in a communications network or piece of technology, there is now way of knowing who would use it. There is no way of knowing if it would be used by good guys or bad guys.

Soghoian poses the question, “Should billions of people be using devices that are wire-tap friendly?” Explain why you think our devices should or should not be wiretap friendly. I don't like the idea that devices should be wiretapped, this is because people need their privacy, they can't have that when their phones are wiretapped.

Explanation:

edg

The kind of interest in the land did grandpa give to sue is  Easement appurtenant.

"Interest in land" refers ownership right of any individual in their property. A right over a piece of real estate is referred to as an interest in land.

A registered proprietor tenement and dominating tenement estates are connected together in an easement appurtenant.This right of property entitles the possessor to use adjacent land.

This real estate goes with the land when you sell it. The land parcel that benefits from the easement is known as the dominant tenement, whereas the land parcel that supplies the easement is known as the servient tenement.

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Include a current promotion and a pertinent headline. There are two approaches to make a responsive advertisement.

The process of financial management includes providing sales reports, connecting with important corporate decision-makers, and building trustworthy relationships with clients. Account managers respond to consumer inquiries and spot potential clients among current clients.

Account management is a stepping stone to a mid-level position. Even if the daily tasks are mostly same, a senior post has greater responsibility and pays more. An account manager is in charge of overseeing a specific customer's account on a daily basis for a company.

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Answer:

Date               General Journal                      Debit           Credit

Aug 2.           Stock Dividend                        $41,820

                     (17,000 * 3% * $82)

                      Stock Dividend Distributable                    $30,600

                      (17,000 * 3% * $60)

                      Paid-in-Capital in Excess of Par-                $11,220

                      Common stock

Sept. 15         No Entry required

Oct. 8            Stock Dividend Distributable     $30,600

                     Common Stock                                             $30,600

Answer:

Management, as named, is the job of managing a corporation, organization, or business of any kind. Someone in the management position might have jobs such as staffing, planning, organizing, and being a leader among their employees. There is a lot of work put into it; the managers main job is to oversee work and make sure things are running smooth.

Please paraphrase if you are using this answer for an assignment :]

Answer:

Gel gloss are included stronger components that realize the nail tighter than traditional lacquers and also are solid sufficient to withstand day-to-day wear and tear without damaging, discusses Essie Global Lead Instructor Rita Comment. A few distinctions in between the formula and also your normal lacquer? Gel polishes are much more adaptable, so they withstand chips; Gels are treated under a UV or LED light and brightens treatment in oxygen. Gels have to be eliminated by soaking in acetone for at the very least 10 minutes, while polishes can be quickly wiped away with nail gloss cleaner.

Explanation:

The program that allowed for parents to receive a voucher for the amount their state spent on education for their child referred to School choice.

Under the concept of school choice, the state government would give a voucher to parents who elected to use homeschooling.

This voucher would be of the same amount that the government would have spent on educating the child if they had gone to public school.

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Answer: See explanation

Explanation:

Exports are the goods and the services that a particular country produces and sells to other countries.

Imports are the goods produced in other countries and sold to ones country.

Net export is the difference between the export an import. An increase in export leads to a rise in the net export.

Based on the above explanation, the answer to the question will be:

1. A British scholar spends a year at Harvard University as a visiting scholar.

US exports - Increase

Imports - Unchanged

Net exports - Increase

2. Your parents go on a trip to Japan in late March for the Cherry Blossom season.

US exports - Unchanged

Imports - Increase

Net exports - Decrease

3. A Canadian buys a new Ford.

US exports - Increase

Imports - Unhanged

Net exports - Increase

4. The student bookstore at Yale University sells books published by Cambridge University Press.

US exports - Unchanged

Imports - Increase

Net exports - Decrease

5. A European family goes to Disney World in Florida for vacation.

US exports - Increase

Imports - Unhanged

Net exports - Increase

Answer:

Fiscal policies

Explanation:

Fiscal policies are the actions of the government of adjusting taxes and expenditure to achieve desired macroeconomics objectives. The government's spending and taxation activities have a great influence on the level of economic activities in the country.

The government has the objective of maintaining stable prices, a low inflation rate,  a low unemployment rate, and steady economic growth. Through its various agencies, the government receives data showing the parameters of each of the macroeconomic variables.  Depending on the state of the economy, the government adjusts taxes and spending to achieve desired objectives.

The aforementioned action represents the philanthropic activities dimension of social responsibility.

CSR is abbreviation for corporate social responsibility and it can be defined as a business organization's (company's) obligation to act in a manner that benefits and adds significant value to the society and the people living in the environment where it operates, and usually as it conduct its business operations.

Basically, corporate social responsibility (CSR) is typically focused on improving the society through any positive and beneficial means possible.

Generally speaking, there are four different corporate social responsibility requirements stages and these include the following:

In this context, we can reasonably infer and logically deduce that the aforementioned action represents the philanthropic activities dimension of social responsibility.

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When an investor buys a put option, they are essentially purchasing the right to sell a certain stock at a certain price (known as the strike price) at any point before the option expires. In this case, the investor has bought an ABC March 50 put for $6.  The correct answer to your question is $400.

To determine the investor's maximum gain, we need to consider what happens if the stock price of ABC falls below $50 before the option expires.

If this happens, the investor can exercise their put option and sell ABC at the higher strike price of $50, making a profit equal to the difference between the stock's market price and the strike price minus the cost of the option.
So, let's say that the market price of ABC falls to $40 by the time the option expires.

If the investor exercises the put option, they can sell ABC for $50, making a profit of $10 per share.

Since one options contract typically covers 100 shares, the investor's total profit would be $1000 ($10 x 100 shares).

However, we also need to subtract the cost of the option from this profit.

In this case, the investor paid $6 per share for the put option or $600 total. So the investor's net profit would be $400 ($1000 - $600).

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