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NEW QUESTION: 1
The entity had sales for the period of:
A. US $1,188,890
B. US $891,667
C. US $1,100,000
D. US $1,466,667
Answer: A
Explanation:
Gross profit equals 30% of sales. Thus, dividing gross profit by 30% yields sales. Gross profit equals profit before interest and tax PBIT plus administrative expense given as US $40,000) and depreciation US $500,000 fixed assets 10 years = US $50,000). Interest equals 10% of the long-term debt, or US $100,000 x 10%). Profit before tax equals US $166,667 [$100,000 profit -1.0 - 40% tax rate)]. Hence, PBIT must equal US $266,667$166,667 + $100,000), and gross profit must be US $356,667$266,667 PBIT+$40,000 administrative expense + $50,000 depreciation). Sales is therefore US $1,118,890$356,667 gross profit - 30% gross profit rate). At the end of the accounting period, an entity has the partially completed financial statements shown as follows.

NEW QUESTION: 2
In the Career Worksheet, Where do the users view the roles that can lead to their selected future roles?
Please choose the correct answer.
Choose one:
A. Readiness Meter
B. Career Path
C. Competency Match
D. Gap Graph
Answer: B

NEW QUESTION: 3
An IT manager is concerned about the cost of implementing a web filtering solution in an effort to mitigate the risks associated with malware and resulting data leakage. Given that the ARO is twice per year, the ALE resulting from a data leak is $25,000 and the ALE after implementing the web filter is $15,000. The web filtering solution will cost the organization $10,000 per year. Which of the following values is the single loss expectancy of a data leakage event after implementing the web filtering solution?
A. $12,500
B. $15,000
C. $0
D. $10,000
E. $7,500
Answer: E
Explanation:
The annualized loss expectancy (ALE) is the product of the annual rate of occurrence (ARO) and the single loss expectancy (SLE). It is mathematically expressed as: ALE = ARO x SLE Single Loss Expectancy (SLE) is mathematically expressed as: Asset value (AV) x Exposure Factor (EF) SLE = AV x EF - Thus the Single Loss Expectancy (SLE) = ALE/ARO = $15,000 / 2 = $ 7,500 References:
http://www.financeformulas.net/Return_on_Investment.html
https://en.wikipedia.org/wiki/Risk_assessment