Which control should be implemented

Assignment Help Accounting Basics
Reference no: EM132704008

Problem 1: The rate of theft at a clothing store is $1,000 per day. It is open 7 days per week. Adding a security guard will cost $100 per day and will reduce theft by 30%. Installing a sensor at the door to detect tags on the clothes will cost $175 per week in extra labor and will reduce theft by 35%. Installing the tags/sensor and adding the guard will reduce theft by 43%.Which control(s) should be implemented? Show the calculation

a. Neither control

b. Security guard

c. Tags and sensors

d. Both the guard and the tags/sensor

e. More information is needed to decide

Reference no: EM132704008

Questions Cloud

Four stages of the visualization workflow : As noted by Kirk (2016), working with data is one of the four stages of the visualization workflow.
How much of corporation net income is paid out as dividend : How much is the shareholder's net income after taxes from the dividend? How much of the corporation's net income is paid out as a dividend?
What is Jennifer total child and other dependent credit : Her adjusted gross income for 2018 is $211,200. What is Jennifer's total child and other dependent credit for 2018
What practice you continue if you did well on your quizzes : Create a 2 page word document that utilizes the planning, monitoring and evaluation stages of Self Regulated Learners. The planning and monitoring stages.
Which control should be implemented : Installing the tags/sensor and adding the guard will reduce theft by 43%.Which control(s) should be implemented? Show the calculation
What is Russ and Linda total child and dependent credit : Their adjusted gross income for 2018 is $105,300. What is Russ and Linda's total child and other dependent credit for 2018
Describe the social contexts that influence children : My academic interest is to study trauma and psychic tension as it relates to adolescent mental health using the psychodynamic theory as well as.
Determine the amount of the child tax credit : Determine the amount of the child tax credit. A married , filling jointly, with modified AGI $407,933 and two children. A single parent with modified AGI
Calculate the amount of the foreign tax credit : Benny had no other investment earnings and his total taxable income for the year is $58,000. Calculate the amount of the foreign tax credit

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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