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The cost of equity

A firm’s optimal capital structure report depends on its balance sheet’s debt and equity mix. A firm’s cost of capital is based on the rates of its sources of capital. Propose the optimal capital structure for both firms, and calculate the mathematical effect of...

Bad data visualizations

  Data analytics is important to the accounting profession. It can be effective and informative in analyzing complex problems. However, the analytics are only effective if we can communicate and make the data understandable. It is important to be good users and...

Bad data visualizations

  Data analytics is important to the accounting profession. It can be effective and informative in analyzing complex problems. However, the analytics are only effective if we can communicate and make the data understandable. It is important to be good users and...

An unqualified audit report

An unqualified audit report is considered the standard audit report. This report is issued when the audit has been performed in accordance with applicable auditing standards, the auditor has gathered sufficient evidence, and the auditor believes that the financial...

Jefferson Retailers’ losses

Case 1 As an auditor, you have discovered the following pro-blems with the accounting system of Jefferson Retailers. For each of the following occurrences, tell which of the five internal control activities or procedures was lacking. Also, recommend how the company...
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