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Earnings reflect the effectiveness and accomplishments of management, rendering it the most likely item to be distorted. Projections are known to be forecasts that are never entirely accurate and are highly sensitive to broader environmental variables. Financial statement fraud involves deliberate, deceitful distortions and miscalculations within financial statement accounts, balances, and cash flows. These fraudulent modifications typically occur at the account level within these accounts and transactions. Disclosure fraud consists of deceitful actions and misrepresentation, such as omitting balances, concealing actual figures, and failing to disclose critical material items that should be revealed.
Answer:
The soft drink costs more when purchased in a can.
The can is $0.044 more per ounce than the bottle.
Explanation:
From the information in the question:
Price for a 12-oz can = 75 cents = $0.75
Price for a 2-liter bottle = $1.25
To find the cost per ounce for the can = $0.75 divided by 12
= $0.0625 per ounce
For the bottle:
Total ounces contained = 2 × 1.057 × 32 oz [As 1.0 L = 1.057 qt, 1 qt = 32 oz]
= 67.648 oz
Thus,
Cost per ounce for the bottle = $1.25 divided by 67.648 oz
= $0.0185 per ounce
Consequently,
The soft drink costs more in a can.
Price difference = $0.0625 per ounce - $0.0185 per ounce
= $0.044 per ounce
Therefore,
The can is $0.044 more expensive than the bottle.
Answer:
Explanation:
The supply equation for pork is expressed as Q = 178 + 40p - 60p_h
For a hog price of 1.50:
Q = 178 + 40p - 60(1.50)
= 178 +40p -90 = 88+40p
If the price of hog rises to 1.90:
Q = 178 + 40p - 60(1.90)
= 178 +40p - 114 = 64+40p
