What would be your response to this person

Assignment Help Financial Management
Reference no: EM132363379

Question

You have just audited a company and provided your report to the shareholders at their annual general meeting. Afterwards, one of the shareholders approaches you and says "I'm glad the audit report was good. It means that the financial reports are correct and that I should not sell my shared." What would be your response to this person?

Reference no: EM132363379

Questions Cloud

Problem domain of banking : knowledge of programming language design features - The topic of your essay is to design a language for the problem domain of Banking
What constitutes quality-academic research : Academic research and papers must meet certain standards of quality recognized by the academic community. What constitutes quality, academic research?
Prison alternative programs : Identify and describe two alternative programs used to keep offenders out of prison for lengthy incarcerations.
Identify what will give rise to these possible misstatements : Comment on which accounts could be a risk of material misstatement and identify what will give rise to these possible misstatements?
What would be your response to this person : You have just audited a company and provided your report to the shareholders at their annual general meeting. Afterwards, one of the shareholders.
Understand the methods and techniques involved in designing : Object-oriented programming, focusing on polymorphism and the use of interfaces - Understand the methods and techniques involved in designing, implementing
Prepare the text of a brief email to the controller : Prepare the text of a brief email to the controller of the company you work for. Your employer just won a major lawsuit and has received $50,000,000 in cash
Prepare the journal entry to record the accrual of interest : Cullumber Company issued $315,000 of 10%, 10-year bonds on January 1, 2020, at face value. Interest is payable annually on January 1.
Improve the BPM of the medical process : ISYS301/ITEC601: Enterprise Systems Integration Assignment - BPM for Skin Cancer Specialists, Macquarie University, Australia. Improve BPM of medical process

Reviews

Write a Review

Financial Management Questions & Answers

  Find pseudo-American option value

XYZ Corp. will pay a $2 per share dividend in 2 months. Find the pseudo-American option value.

  What happened to the futures price over the november

What do you think happened to the futures price over the month of November? Why? If you had known that this would occur, would you have purchased or sold a December futures contract in pounds on 1 November? Explain.

  What is return on assets

Grady Home Health has a profit margin of 15 percent on sales of $20 million. If the firm has debt of $7.5 million and total assets of $22.5 million, what is Grady's return on assets?

  What is the total interest expense for whole year ten

The interest expense is tax-deducitbale, therefore interest expense for each year is reported to the irs. what is the total interest expense for the whole year

  Issue perpetual preferred stock

Barton Industries can issue perpetual preferred stock at a price of $52 per share. The stock would pay a constant annual dividend of $4.40 per share. If the firm's marginal tax rate is 40%, what is the company's cost of preferred stock?

  Price expectations realized based on profitability of hedge

Were the investor’s price expectations realized based on the profitability of the hedge? Explain

  Options instead of futures to hedge this exposure

What would be the net amount needed by the FI at the end of six months if it had used options instead of futures to hedge this exposure?

  What is the price per share of bremmers stock

If Bremmer's eranings per share is $1.35, what is the price per share of Bremmer's stock? Using the price per share in part (A) determine the price per book ratio if Bremmer's equity book value per share is $9.58.

  Find the interest rates earned

Find the interest rates earned on each of the following. Round each answer to two decimal places.

  Assume there is no increase in liabilities

Assume there is no increase in liabilities other than that which will occur with the external financing.

  What annual payment is required to accumulate

The present value of $81,189 to be received in 16 years at 8.3% is how much? For an annuity in arrears, what annual payment is required to accumulate $662,399 in 8 years at an interest rate of 10.44? To stay "even" (same purchasing power) with inflat..

  Compute the payback statistic for project

Compute the payback statistic for Project A and recommend whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is 8 percent and the maximum allowable payback is four years.

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!

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