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2 years ago

Distinguish between financial and cost accounting.

1 answer:

4 0

Cost accounting compiles the cost of raw materials, work-in-process, and finished goods inventory, while financial accounting incorporates this information into its financial reports (primarily into the balance sheet). ... Financial accounting personnel issue reports only at the end of a reporting period.

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What equipment will you most likely find in a smart room?

Nezavi [6.7K]

D. because all listed on D are much more high tech (smart) than anything in A,B, and C.

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4 years ago

Read 2 more answers

Stock a has a beta of 1.2, and stock b has a beta of 1. the returns of stock a are ______ sensitive to changes in the market tha

Eddi Din [679]

Answer:

The returns of Stock A are 20% more sensitive to changes in the market than the returns of Stock B.

<h3>Explanation:</h3>

We are given that the beta of Stock A is 1.2.
The markets have a beta of 1.0. Since Stock B has a beta of 1, the beta of Stock B is equal to the market beta.
In other words, it would move in sync with the market. Stock A's beta of 1.2 would mean that the stock has a higher beta implying the stock is 20% more volatile than the market.

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2 years ago

Anjou Company had 10,000 shares of common stock outstanding at December 31, 2018 and 14,000 shares of common stock outstanding a

mixas84 [53]

Answer:

The correct answer is $23,33 per share.

Explanation:

According to the scenario, the given data are as follows:

Net income for 2019 = $280,000

Number of shares in 2018 = 10,000

Number of shares in 2019 = 14,000

So weighted average number of shares = (10,000 + 14,000) ÷ 2

= 12,000

So, we can calculate the earnings per share by using following formula:

Earning per share = Net income for 2019 ÷ weighted average number of shares

By putting the value, we get

$280,000 ÷ 12,000

= $23.33 per share

8 0

3 years ago

Fedor, Inc. has prepared the following direct materials purchases budget: Month Budgeted DM Purchases June $ 67 comma 000 July

OLga [1]

Answer:

Total cash payment= $77,510

Explanation:

Giving the following information:

Purchases:

August= 76,300

September= $78,400

October= $80,000

All purchases are paid for as follows:

10% in the month of purchase

40% in the following month

50% two months after purchase.

<u>Cash payment October:</u>

Purchases on cash October= 80,000*0.1= 8,000

Purchases on account September= 78,400*0.4= 31,360

Purchases on account August= 76,300*0.5= 38,150

Total cash payment= $77,510

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4 years ago

Credit unions differ from retail banks because they are

alexgriva [62]

Answer:

A. Owned by their members

Explanation:

Credit unions are a type of financial institution formed by a group of people to provide financial services exclusively to their members. In credit unions, members find the main services available at banks, such as checking accounts, financial applications, credit cards, loans and financing. The main difference is that in credit unions, members are both owners and users, that is, they participate in the management and enjoy the products and services.

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3 years ago

Read 2 more answers