Entries by Hannah Wangui

Companies lose millions of dollars each year through employee theft and fraud

Companies lose millions of dollars each year through employee theft and fraud. To prevent this, internal controls are implemented. We will examine the types of controls companies use, and discuss what happens when these controls are missing. Consider this scenario: You own a small business with 25 employees. In your initial post, explain which internal […]

 

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Santiago and Amy are married and file a joint tax return

Santiago and Amy are married and file a joint tax return, claiming as dependents their three children, ages 12, 14, and 18. Their AGI is $124,000. Santiago and Amy’s child tax credit is $   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Noventis Corporation

Noventis Corporation prepared the following estimates for the four quarters of the current year: First Quarter Second Quarter Third Quarter Fourth Quarter Sales $1,525,000.00 $1,830,000.00 $2,135,000.00 $2,440,000.00  Cost of goods sold $454,000.00 $534,000.00 $604,000.00 $654,000.00  Administrative costs $400,000.00 $230,000.00 $235,000.00 $245,000.00  Advertising costs $-   $160,000.00 $-   $-   Executive bonuses $-   $-   $-   $64,000.00  Provision for […]

 

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