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ollegr [7]
1 year ago
9

Financial account and managerial accounting.

Mathematics
1 answer:
Helga [31]1 year ago
4 0

1. The differences between managerial accounting and financial accounting are:

  • Internal use vs. external use
  • Management Estimates vs. Adherence to GAAP framework.

2. The types of reports that management accounting produces, which enable managers and internal stakeholders to make future financial decisions for the business, are:

  • Cost reports
  • Performance reports
  • Budget  variance reports
  • Account receivable aging reports.

3. The types of reports that financial accounting produces, which enable external and internal stakeholders to make economic and investment decisions are:

  • Income statement
  • Cash flow statement
  • Balance sheet.

Thus, financial accounting reports facilitate the board of directors, stockholders, potential investors, creditors, financial institutions, and other external stakeholders to make long-term economic decisions, and management accounting reports enable management to make short-term decisions.

Learn more about the differences between financial accounting and management accounting at brainly.com/question/13592085

#SPJ1

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Find the slope and y- intercept of points (-2,3) and (2,-3)
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Answer:

slope = -3/2

y intercept = (0,0)

equation, y = -3/2x+0

Step-by-step explanation:

y2-y1/x2-x1 = -3-3/2--2 = -6/4 = slope = -3/2

y intercept = (0,0)

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3 years ago
Suppose that you earned a​ bachelor's degree and now​ you're teaching high school. The school district offers teachers the oppor
stepan [7]

Answer:

Step-by-step explanation:

Answer:

a. The amount that is saved at the expiration of the 5 year period is $22,769.20¢

b. The amount of interest is $2,769.20¢

Step-by-step explanation:

Since the amount that is deposited every year for a period of five years is $4,000 and the rate of the interest is 6.5%. We can always calculate the amount that is saved at the expiration of the five years.

    We will first state the formula for calculating the future value of annuity:-

      Future value of annuity =

                      P[\frac{(1 + r)^{t}-1 }{r}]

   Where P is the amount deposited per year.

   r is the rate of interest

   t is the time or period

 

    and in this case, the actual value of P = $4,000

      rate of interest, r is 6.5% = 0.065

      time, t is 5 years.

   Substituting e, we have:

   Fv of annuity =

                          4,000[\frac{(1 + 0.065)^{5}-1 }{0.065 }]

   = 4,000 × [((1.065)^5)- 1/0.065]

 = 4,000 × [(1.37 - 1)/0.065]

 = 4,000 × (0.37/0.065)

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a. Therefore the amount that is saved at the end of the five (5) years is $22,769.20¢

b. To find the interest, we will calculate the amount of deposit made during the period of five years and subtract the sum from the current amount that is saved ($22,769.29¢).

  Since I deposited 4,000 every year for five years, the total amount of deposit I made at the period =

       4,000 × 5 = $20,000

  The amount of interest is then = $22,769.20¢ - $20,000 = $2,769.20¢

3 0
3 years ago
Number has more than two factors
VMariaS [17]
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So, a factor is an integer (non-fractional/decimal number) you multiply by another integer to get the actual number.

Well, let's look at the number 4. The number four has the following factors:
1, 2, 4
In a 'rainbow' style, you match the two outer numbers, then the two next inner numbers, and so on.
Because the number '2' is the one in the center and there is no other number to multiply it by, it must multiply by itself to reach the number 4.
Well, you must have two numbers to actually multiply together, so every number has two factors: 1, and itself (except for 0). 
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7 0
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