User Account

All Pages

What is net benefit from implementing Preventative Controls

Assignment Help Accounting Basics
Reference no: EM133110584

Question - HH Company keeps a large inventory of hardware products in a warehouse. Last year $500,000 worth of inventory was lost to thieves who broke in through windows and doors. The CFO figures that installing Preventative Controls (steel doors with special locks and burglar bars on the windows) at a cost of $25,000 would eliminate 90% of the loss. Hiring armed guards to patrol the building 16 hours a day at an annual cost of $85,000 would eliminate all of the loss. What is the net benefit from implementing both the Preventative Controls and the armed guards?

Reference no: EM133110584

Questions Cloud

Issuing a qualified report : A news story reports that your employer's auditor is issuing a qualified report because of the use of questionable accounting practices.
Prepare a RACM for a General IT Control : Prepare a RACM for a General IT Control. Be sure the six elements are consistent, i.e. do not mix items from different business processes and objectives
Threat modelling report assessment : Draw a use DFDs - Iterate over processes, data stores, and see where they need to be broken down and Determine the threat types that might impact your system
How to rebalance portfolio : 1. A stock paying an annual dividend of $10 indefinitely, the beta of the stock is 0.8, the expected return of the market portfolio is 15% and the risk free rat
What is net benefit from implementing Preventative Controls : Last year $500,000 worth of inventory was lost to thieves who broke in through windows and doors. What is net benefit from implementing Preventative Controls
Prepare a schedule of expected cash collections for August : The merchandise inventory at June 30 is $25,000. Dividends of $1,700 will be declared and paid in September. Prepare a schedule of expected cash collections
Demonstrate understanding of the importance of symmetry : Demonstrate understanding of the importance of symmetry in molecular structure and spectra and Understand the importance of thermodynamic quantities
Why is it important to complete a round-trip : a) Why is financial leverage understood to be a fair-weather friend?
What is the required return for its equity : A ?rm with a required return of 10 percent for operations has a book value of net debt of $2,450 million with a borrowing cost of 8 percent and a tax rate of 37

Reviews

Write a Review

Accounting Basics Questions & Answers

  Describe the differences between the two stock exchanges

Describe the similarities and differences between the two stock exchanges. Identify one stock from each of the two stock exchanges.

  If the change in fair value is attributable to a change

Will AI report a gain or will it report a loss when adjusting the bonds to fair value? If the change in fair value is attributable to a change in the interest rate, did the rate increase or decrease?

  When the transition team was formed several team-building

research the case planned change at the san diego county regional airport authority.then answer the following three

  What is the holding period return for a year

The price of a stock at the beginning is $40.00 and ends at $45.00. If the stock paid a dividend of $3.00, what is the holding period return for a year

  How much australian dollar the importer will make a profit

How much Australian dollar the importer will make a profit or loss due to change in today's spot rate after one year according to PPP?

  This business is planning to pay an ordinary dividend at

p limited provided the following informationcontributed

  The purchasing department of bradley inc is responsible for

the purchasing department of bradley inc. is responsible for companywide purchasing. its total costs are assigned to

  Discuss consolidated balance sheet prepared immediately

what amount would land be reported in a consolidated balance sheet prepared immediately after the combination

  Finding future employment

How can participating in groups help you in not only succeeding in your current job but help you in finding future employment?

  How much will he have in his rrsp at the end

Suppose Evan contributes $2,200 to his RRSP at the end of every quarter for the next 12 years, How much will he have in his RRSP at the end

  Fair market value of the stock

If a stockholder receives a dividend that reduces retained earnings by the fair market value of the stock, the stockholder has received a

  Calculate the amount of bond discount or premium

The bonds which were issued at 97, pay interest on January 1 and June 1. Use this information to calculate the amount of bond discount or premium

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd