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1 year ago

A(n) _____________ assists in decision-making by considering the product/service, market, industry, and financial data.

1 answer:

8 0

A study assists in decision-making by considering the product/service, market, industry, and financial data.

Financial usually refers to money matters or transactions of some size or significance: a financial wizard. financial is used particularly in connection with government funds, or the ones of any employer: the end of the economic year. financial relates specifically to money as such: an economic system or standard. Finance is defined as providing money or credit for something. An example of finance is a bank loaning someone money to buy a residence.

Financial data consists of pieces or sets of facts related to the financial health of a business. The pieces of data are used by internal control to analyze commercial enterprise overall performance and decide whether tactics and strategies must be altered.

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Jim has hired a real estate broker to help facilitate the sale of his home. If the broker requires a commission of 6%, how much

Evgesh-ka [11]

Answer:

Jim will receive 449,999.62

Explanation:

We are going to discount the sales commission from the proceeds of the home, this will be the net cash received from Jim

sales price 478,723

commission 6% of 478,723 = 39723.38

net realizable 449,999.62

(sales price - commisions)

3 0

3 years ago

The manager of the manufacturing unit of a company is responsible for the costs of the manufacturing unit. The president is in t

trasher [3.6K]

Answer:

AC Problems : Incurred even at 0 output level, much varying & deviant from cash flows

VC Problems : Doesn't include fixed cost, incomplete expenditure, incomplete financial (accounting) statements.

Explanation:

Average Cost is the cost per unit off output.

Problems with AC as a performance measure :

It includes all (fixed & variable cost) average. So, including fixed cost, it is not zero even at zero output level.
It's variance analysis during production & cost phases is very complicated.
It's result are deviant as evident from cash flows.

Variable Cost is the cost incurred on variable factors of production.

Problems with VC as a performance measure :

It doesn't include fixed cost. So, it is not a correct measure of complete total expenditure.
Fixed costs are huge. No financial inclusion of them makes accounting information unreliable (for legal purposes)

6 0

3 years ago

Orion Iron Corp. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at

balandron [24]

Answer:

Transactions Units Unit Cost

a. Inventory, Beginning 300 $ 14

b. Purchase, April 11 950 12

c. Purchase, June 1 850 15

d. Sale, May 1 (sold for $42 per unit) 300

e. Sale, July 3 (sold for $42 per unit) 630

f. Operating expenses (excluding income tax expense), $18,200

1 and 2) When you use a periodic inventory method, cost of goods available for sale and ending inventory are the same. They differ only when you use a perpetual inventory.

ending inventory = 1,170 units

Ending inventory under FIFO:

$28,350 - $11,760 = $16,590

Ending inventory under LIFO:

$28,350 - $13,710 = $14,640

Ending inventory under weighted average:

$28,350 - $12,555 = $15,795

3) total units sold = 930 units

COGS under FIFO:

(300 x $14) + (630 x $12) = $11,760

COGS under LIFO:

(850 x $15) + (80 x $12) = $13,710

COGS under weighted average:

($28,350 / 2,100) x 930 = $12,555

4) Income statement under FIFO

Sales revenue $39,060

COGS ($11,760)

Gross profit $27,300

Operating expenses ($18,200)

Operating income $9,100

Income statement under LIFO

Sales revenue $39,060

COGS ($13,710)

Gross profit $25,350

Operating expenses ($18,200)

Operating income $7,150

Income statement under weighted average

Sales revenue $39,060

COGS ($12,555)

Gross profit $26,505

Operating expenses ($18,200)

Operating income $8,305

6) FIFO minimizes operating income, therefore, minimizes income tax expense.

4 0

3 years ago

Le Jouet is a profit-maximizing firm that produces toy trains. In France, its home country, it enjoys unchallenged market power

marysya [2.9K]

Answer:

The demand that Le Jouet faces for toy trains in France is less elastic than in Russia.

Explanation:

This is the statement that best describes the panorama that Le Jouet faces in France. When comparing the markets of France and Russia, we learn that the demand for toy trains in France is less elastic than the demand in Russia. Price elasticity refers to a measure of responsiveness of consumers. This measures how responsive consumers are to a price change.

6 0

3 years ago

Who can answer this?

lesantik [10]

Answer:

I don't know the first one but will do the rest I know.

Explanation:

2. The digestive system is responsible for taking the whole foods and turning them into energy and nutrients to allow the body function, grow and repair it self.

3. the secretary system in humans consist mainly of the kidney and bladder. the kidney is involved.

4. dissection is the act of dismembering of the body of a deceased animal or plant to study it's anatomical structure. and it is important in science cause it allows student see, touch, and explore the various organs.

5. blood cell. their main job or major job is to carry oxygen from the lungs to the body tissues and carbon dioxide as a waste product. and they are important because they transport oxygen to the body's tissue on exchange for carbon dioxide.

I don't know the last one maybe someone else can answer.

7 0

3 years ago

Read 2 more answers