Answer:
False
Explanation:
managerial accounting is simply the sorting or gathering/preparing of accounting information that is to be used within a company. It help to ensure the organization's goals are met effectively and efficiently.
Functions of Management Accountant includes Planning(deciding on the long-term direction of the company e.g. making budget)
Amy is considering investing in a project that is expected to return $75,000 five years from now. How much is she willing to pay for this investment if she wants a 10% return
Answer:
$46,569.10
Explanation:
The worth of the project today is the present value of the return expected in 5 years using the interest rate of return of 10% as the discount rate as computed below:
PV=FV/(1+r)^n
PV=today's worth of the project which is unknown
FV=future amount expected=$75,000
r=interest rate=10%
n=the time before the return is received=5 years
PV=$75,000/(1+10%)^5
PV=$75,000/(1.1)^5
PV=$75,000/1.61051
PV=$46,569.10
20 Point
Which portion of the passage indicates that Neil’s prototype product requires many more changes?
1.(Neil created a robot that works on certain commands.) 2(However, the robot freezes and dismantles itself on hearing commands it does not recognize.) 3(While the robot recognizes most commands,) 4(it sometimes confuses similar-sounding commands.) 5(Neil spent five years creating this robot and invested all his savings in it.)
Answer:
Number 2 or Number 4.
Explanation:
On number 2, the robot freezes when it doesn't recognize the command. Obvious problem. On number 4, the robot confuses similar sounding commands. Also an obvious problem.
Answer:
2
Explanation:
On December 31, 2017, Extreme Fitness has adjusted balances of $800,000 in Accounts Receivable and $55,000 in Allowance for Doubtful Accounts. On January 2, 2018, the company learns that certain customer accounts are not collectible, so management authorizes a write-off of these accounts totaling $10,000. What amount would the company report as its net accounts receivable on December 31, 2017
Answer:
Accounts receivable is $745,000
Explanation:
The company would report as net receivable, the total amount on accounts receivable minus total amount on the Allowance for uncollectible Accounts, which implies that the balance represent the amount of credit that will not be possible to collect again hence, the value represent balance on net accounts receivable.
Accounts receivable = Adjusted balance in accounts receivable - Allowance for doubtful accounts
= $800,000 - $55,000
= $745,000
Dawson Electronic Services had revenues of $106,000 and expenses of $63,000 for the year. Its assets at the beginning of the year were $413,000. At the end of the year assets were worth $463,000. Calculate its return on assets.
Answer:Return On Assets=9.8%
Explanation:
Return On Assets =Net income/Average total assets
But
Net income=Revenues-Expenses
=$106,000 - $63,000
= $43,000
And Average total assets is given as (Beginning assets +Ending assets)/2
= ($413,000+$463000)/2=$876,000 /2
=$438,000
Therefore Return On Assets =Net income/Average total assets
= $43,000 / $438,000
=0.098 x 100
=9.8%
How long do you believe it would take you to be ready for a leadership position? :
Answer:
1 day
Explanation:
The results of unethical behavior in a business can be catastrophic, both financially and in reputation. Clearwater Electronics currently has a solid reputation as an ethical organization and wants to maintain that reputation. Top management has tasked the HR department to reinforce ethical behavior consistently throughout the company. Given that responsibility, why is it especially important for the HR professionals themselves to behave ethically?
Answer:
Throughout the description segment below the overview according to the particular instance is defined.
Explanation:
Even though HR professionals become capable just of establishing as well as maintaining a healthy work atmosphere throughout positions of responsibility, it's indeed crucial that they somehow behave responsibly. This same HR department must therefore implement professional HR activities ensuring that they're being a model citizen again for the majority including its corporation's representatives.Sheila and her team were able to successfully implement an IS in a hospitality organization. Match the success factors to their meanings.
increased visibility
increased efficiency
better quality
reduced cycle time
reduced process time in different areas
real-time status or availability of any process or product
faster execution of each process
high quality standards of products and processes
Answer:
Increased visibility- real-time status or availability of any process or product
increased efficiency - reduced process time in different areas
better quality- high-quality standards of products and processes
reduced cycle time-faster execution of each process
did get it right?
A perfectly competitive firm should shut down immediately in order to incur only fixed costs whenever the price is
Answer:
This question is incomplete, the options are the following:
a) Higher than the average total cost.
b) Higher than the average variable cost.
c) Lower than the break-profit point.
d) Lower than the average variable cost.
And the correct answer is the option D: Lower than the average variable cost.
Explanation:
To begin with, a perfect competitive firms works in a market that has an homogeneous product as well as a lot of sellers and consumers so therefore that they are all price takers given the forces of the market and their interactions. Moreover, in the proper graphic of the perfect competition market the different cost curves and the incomes curves will show how the market behaves according to the quantities and the prices given for those quantities. So the firm will always have to shut down the production when in the graphic the price is lower than the average variable cost given the fact that from that point down the firm will not be able for cover the fixed costs.
Marigold Corp. reported sales of $2200000 last year (80000 units at $20 each), when the break-even point was 44000 units. Marigold’s margin of safety ratio is:_______
Answer:
the margin of safety ratio is 45%
Explanation:
The computation of the margin of safety ratio is shown below:
The Margin of safety ratio is
= (Actual sales unit - break even sales unit) ÷ (Actual sale unit)
= (80,000 units - 44,000 units) ÷ (80,000 units)
= 36,000 units ÷ 80,000 units
= 45%
Hence, the margin of safety ratio is 45%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
What is meant by activity analysis? Give 3 criteria for determining whether an activity adds value.
Answer:
The definition is summarized below and according to the case provided.
Explanation:
The method of trying to break down another operation into comprehensive steps as well as analyzing every other component independently of someone is activity analysis.
The three criteria for deciding not just whether value addition would be an activity or behavior:
The phase must move the product towards the conclusion. The phase without complete redesign should be performed correctly the first time. The clients are concerned and will compensate for the move to be taken.What would the cost of goods sold be if the cost of goods available for sale totaled $650 and the ending inventory total? $86.
564.00
546.00
5.46
50.64
Answer:
4
Explanation:
i need points for my test
..............................
The book value per share of stock is the amount of money an investor would have to pay to purchase a share of stock in an open market. This statement is
Answer:
False
Explanation:
The book value per share of stock can be defined as a measure of the total amount of value associated with a net asset that an investor is entitled to when he or she buys a share of stock.
The book value per share of stock is a ratio of the equity gotten by an investor to the amount of outstanding shares.
Hence, the book value per share of stock is not the amount of money an investor would have to pay to purchase a share of stock in an open market. This statement is completely false.
Which of the following assumptions would cause the constant growth stock valuation model to be invalid? The growth rate is zero. The growth rate is negative. The required rate of return is greater than the growth rate. The required rate of return is more than 50%. None of the above assumptions would invalidate the model. -Select-
Answer:
e. None of the above assumptions would invalidate the model
Explanation:
Incomplete question "The constant growth model is given below: P0 = [D0(1 + g)]/[(rs - g)]"
According to dividend discount model,
P0 = D1/(R-G)
D1 - Dividend at t =1
R - Required rate
G - Growth rate
This would be invalid if R < G. In other words, Dividend growth model will be invalid in only one situation, that is, when growth rate is more than require return. In this situation growth model cannot be used.
Dividends are best defined as:
a. cash or stock payments to shareholders.
b. cash or stock payments to either bondholders or shareholders.
c. distributions of stock to current shareholders.
d. cash payments to shareholders.
e. cash payments to either bondholders or shareholders.
Answer: a. cash or stock payments to shareholders
Explanation:
A dividend is a cash or stick payment that is given to the shareholders of a company. This reward given to the shareholders can be in the form of cash or other form.
The dividend given to the shareholders is gotten out of the profit that the company makes.
Therefore, the correct option is A.
On 1 January, 2015, Hikers Inc., a U.S.-based company, borrowed £200,000 on a two-year note at a per annum interest of 4.5%. The spot rate on this day was $1.65 per pound. The spot rate on 31 December, 2015, was $1.64 per pound. The journal entries to account for this foreign currency borrowing will include:______
Answer:
Debit to Interest expenses for $14,760 on December 31, 2015
Explanation:
At the end of December 2014, the accrued interest is to be accounted based on exchange rate prevailing on that date.
The Journal entry would be as follows:
Account Title Debit Credit
Interest expenses $14,760
Interest payable $14,760
(£200,000*4.5%*$1.64 per pounds)
Which of the following items are normally classified as current liabilities for a company that has a one-year operating cycle? (You may
select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and
double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be
automatically graded as incorrect.)
Portion of long-term note due in 10 months
Note payable maturing in 2 years.
Note payable due in 18 months.
Accounts payable due in 11 months.
FICA taxes payable.
Salaries payable.
Answer:
Portion of long-term note due in 10 months Accounts payable due in 11 months. FICA taxes payable. Salaries payable.Explanation:
Current Liabilities are those that are to be paid within the operating cycle of a company which in this case is one year.
The current liabilities will therefore be any liabilities maturing or to be paid in a year. That includes the portion of a long term note due in 10 months, accounts payable due in 11 months and FICA taxes and Salaries payable as these should not pass a year to be paid either.
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances:
I need help with the analysis part. Thank you!
Answer:
first part
Return on equity = net income / equity =
net income = total revenue - expenses = $66,500 - $42,700 (salaries) - $6,900 (utilities) - $8,000 (supplies) - $1,675 (depreciation) - $2,700 (taxes) = $4,525
equity = $153,200 (Dec. 31 balance) + $42,000 (new stocks issued) - $20,000 (treasury stocks) - $3,620 (dividends) + 17,600 (treasury stocks sold) + $4,525 (net income) = $193,705
ROE = $4,525 / $193,705 = 2.34%
The company is less profitable than other companies in the same industry.
second part
total stocks outstanding = 18,100
third part
EPS for January = $4,525 / 18,100 = $0.25
EPS for January is higher than last year's average
The market price of an $1,000,000, ten-year, 12% (pays interest semiannually) bond issue sold to yield an effective rate of 10% is:______
a. $1,124,623.
b. $1,872,360.
c. $1,122,890.
d. $1,133,270.
Answer:
Bond price= 1,124,622
Explanation:
Giving the following information:
Face value= $1,000,000
Number of periods= 10*2= 20
Cupon rate= 0.12/2= 0.06
YTM= 0.1/2= 0.05
To calculate the bond price, we need to use the following formula:
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 60,000*{[1 - (1.05^-20)] / 0.05} + [1,000,000 / 1.05^20]
Bond Price= 747,732.62 + 376,889.48
Bond price= 1,124,622
Globalization forces small businesses to compete worldwide. The result of globalization is that operation manager (OM) or owner must do which of the following to stay competitive:
Answer:
- Making sure the cost of their asset management is as low as possible
- Maximize their product delivery
- Making sure that their price of operation is efficient
- making sure price of their product is competitive
Explanation:
Due to globalization, businesses are forced to compete on foreign markets that they might not be familiar with. In such situations, lowering cost of production while maintaining the quality of their products is the best thing that they can do to maintain a healthy profit margin. This can be done by lowering the cost that they need to make maintenance of their assets and minimizing the cost they need to acquire materials.
On top of lowering cost of production, they also need to provide better services and reasonable price range for the costumers. They need to put a good customer service call along with on time delivery to keep customers happy.
A__________is a customer benefit package (CBP) feature that departs from the standard CBP and is normally location specific or firm specific.
a. bottleneck
b. peripheral product
c. core product
d. variant
Answer:
d. variant
Explanation:
A variant signifies a set of attributes that is specific to the firm or location in which the firm operates.
For example, a restaurant chain operating for years that decide to entertain its guest with a live band in its new has just added a new variant to its customer benefit package.
Your goal is to earn an annual salary of $100,000 three years from now. You expect to increase your salary by 6.5 percent annually. How much do you need to earn this year if you are going to reach your goal?
a. $72,988.08
b. $82,784.91
c. $87,878.88
d. $84,363.13
Answer:
$87,878.88
Explanation:
Calculation How much do you need to earn this year
Using this formula
PV = FV/ (1 + r )^n
Where,
FV =Future Value=$100,000
PV = Present Value
r = rate of interest=6.5%
n= no of period=3 years
Let plug in the formula
PV = $100,000 / ((1 + 6.5%)^3)
PV = $82,784.91
Therefore the amount you need to earn this year will be $82,784.91
Sledge Co. manufactures a product requiring 1.5 lbs. of raw material for each finished unit. The beginning inventory of raw materials in March was 5,000 lbs. The company wants an inventory of 2,500 lbs at the end of March. Production for March will be 4,000 units. How many lbs. of raw material must be purchased in March
Answer:
Purchases= 3,500lbs
Explanation:
Giving the following information:
Production= 4,000*1.5= 6,000 lbs
Beginning inventory= 5,000 lbs
Ending inventory= 2,500 lbs
To calculate the direct materials purchase, we need to use the following formula:
Purchases= production + desired ending inventory - beginning inventory
Purchases= 6,000 + 2,500 - 5,000
Purchases= 3,500lbs
Answer:
Sledge Co./
3,500 Ibs. of raw materials must be purchased in March.
Explanation:
a) Data and Calculations:
Purchases of raw materials:
Expected ending inventory = 2,500 Ibs.
Production for March (4,000 x 1.5 Ibs.) = 6,000 Ibs.
Raw materials available for production = 8,500 Ibs.
Less beginning inventory = 5,000 Ibs.
Purchases = 3,500 Ibs.
b) The units to be purchase is the difference between raw materials expected to be available for production and the beginning inventory. Since the expected ending inventory is 2,500 Ibs. and the units to be produced during March is 4,000 units, which will use 6,000 Ibs (4,000 * 1.5 Ibs.), therefore, the total units of raw materials required is 8,500 Ibs. When the inventory of raw material is taken away, the difference is the Purchases of materials to be made during March.
A part of a business's message that distinguishes it from all its competitors
is referred to as what?
A. Cultural sensitivity
B. Unique selling proposition
C. Superiority clause
D. Isolation technique
Answer:
Unique selling proposition.
Answer:b
Explanation:
The manufacturing process used to make a wide variety of highly customized products typically in small quantities as small as one is a:_____
Answer:
"Job Shop" would be the appropriate solution.
Explanation:
A workshop seems to be a small enterprise or organization that makes unique items within one person at the same time. It is a production unit that deals in tailor-made including custom-built components in limited amounts. Under that same production or manufacturing economy, a large number of products are manufactured with smaller quantities requiring a remarkable setup as well as production measures.Helen Martin is interested in buying a five-year zero coupon bond with a face value of $1,000. She understands that the market interest rate for similar investments is 8.5 percent. Assume annual coupon payments. What is the current value of this bond
Answer:
the current value of the bond is $665.05
Explanation:
The computation of the current value of the bond is shown below:
Current Value = Face value ÷ ( 1 + rate of interest)^time period
= $1,000 ÷ (1 + 0.085)^5
= $1,000 ÷ (1.085)^5
= $1,000 ÷ 1.503657
= $665.045423
= $665.05
hence, the current value of the bond is $665.05
We simply applied the above formula so that the correct value could come
And, the same is to be considered
what has 4 eyes but can't see
the right answer gets brainlist
Answer:
Biscuiiiits
Explanation:
They have four eyes but can't see, I'm so smart ;)
Julie wants to buy a car and is deciding how she should invest her money. To best meet her needs, she should
Answer: invest in US savings bonds because of its short term.
Explanation: Investing in savings bonds will help Julie get more money so she can buy her car but at the same time have more money. Julie can get her money out in no time if she needs it and she'll have bigger profits.
Answer:
Its B
Explanation:
2022 edge
Beyoncé has more than 15 million followers. It is possible that she reached this number of real-people followers organically and over time. In contrast, there are companies that provide a service where Toto could have purchased a large number of ___________
Answer:
Bot/Spam.
Explanation:
In a case of this such a ghost/spam/bot is been put to place in the help in this follower earnings. This is said to be called social bots; they are often used in a lot of cases in helping to gain sales leads, followers, and drives money ultimately to the assigned follower. Bots of this kind are known to be algorithms used with these social media profiles to create dealings with other people's content. It is particularly seen to attracts engagement with the profile linked to the algorithm, from both real users and other bots.
These bots are seen to always seen to target users with some connection to whatever it is they are ultimately trying to sell.
Suppose a campus restaurant increases the number of workers it hires from 2 workers per day to 12 workers per day. As a result, it
total revenue increases from $90 per day to $600 per day.
Assuming that each worker is equally productive, whats the marginal revenue product per day of each additional worker?
Assuming the restaurant is using its resources in a profit-maximizing way, and that each worker works 5 days each week, whats is the current weekly wage rate in the labor market?
Answer:
It will increase 12 workers per day and increase exponentially with 2 workers. It will also increase by $510 every day. The restaurant will gain more profit if each worker continues to keep their current weekly wage rate.
Explanation:
a. The marginal revenue product per day of each additional worker is $51 per day.
b. The current weekly wage rate in the labor market is $255.
a. Marginal revenue product per day
Using this formula
Marginal revenue product=Incremental revenue/Incremental workers
Let plug in the formula
Marginal revenue product=($600-$90)/(12-2)
Marginal revenue product=$510/10
Marginal revenue product=$51 per day
b. Current weekly wage rate
Weekly wage rate=$51×5 days
Weekly wage rate=$255
Inconclusion the marginal revenue product per day of each additional worker is $51 per day and the current weekly wage rate in the labor market is $255.
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https://brainly.com/question/19756259