Franktown Motors is expected to have a free cash flow to the…

Franktown Motors is expected to have a free cash flow to the firm (FCFF) of $2 million next year (i.e., t=1). Its FCFF is expected to grow at 10 percent per year for another year (i.e., till t=2). After that (i.e., since t=2), the free cash flow to the firm is expected to grow at 3 percent indefinitely. The firm currently has $12 million in debt and 750,000 shares outstanding. The company’s weighted average cost of capital (WACC) is 8 percent. What is the price per share of the company’s stock based on the Free Cash Flow Model?

Assume an accounts receivable clerk incorrectly posts a $1,0…

Assume an accounts receivable clerk incorrectly posts a $1,000 remittance amount to customer account number 674534.  The remittance amount should have been posted to customer account number 674543.  This error resulted in the payment being posted to a legitimate, but incorrect account.  Which of the following, if implemented, would have helped prevent this error?

You are a fraud examiner that is about to conclude an invest…

You are a fraud examiner that is about to conclude an investigation. You have gathered evidence that will allow you to compellingly connect the who, what, when, where, and why dots in court. You are also reasonably certain there is additional evidence that would support your conclusions, but you have been unable to find any. In the world of fraud investigations, moving forward without such evidence is:

Cressey identified six categories of non-shareable financial…

Cressey identified six categories of non-shareable financial pressures that prompted embezzlers to act. These included violation of ascribed obligations, business reversals, physical isolation, status gaining, employer-employee relationships, and ______________.