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1 year ago

The purposes of managerial accounting are to provide useful information to aid in?

1 answer:

6 0

The purposes of managerial accounting are to provide useful information to aid in "calculating the costs of a company's goods and services, planning for future activities, and comparing actual to planned results."

<h3>What is managerial accounting?</h3>

Managerial accounting is the method of identifying, assessing, analyzing, analyzing, and communicating financial data to executives in order to help them achieve the goals of their organization.

Some key points regarding the managerial accounting are-

Managerial accounting differentiates from financial accounting in that its intended purpose is to assist users within the organization in making well-informed strategic decisions.
Unlike financial accounting, managerial accounting techniques are not governed by accounting standards.
The demonstration of managerial accounting information can be tailored to the needs of the end user.
Managerial accounting includes many aspects of accounting, such as product costing, financial planning, forecasting, and financial analysis.
Financial accounting, on the other hand, generates and disseminates formal financial statements for mass consumption that adhere to current accounting standards.

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The following table reports real income per person for several different economies in the years 1960 and 2010. It also gives eac

icang [17]

Answer:

Thailand

Ireland

Explanation:

Thailand has the highest annual growth rate so it is fastest economy to grow in rela income per person form 1960 to 2010 that is 4.91%

Irleand has the highest real income per person in year 2010 that is $41,558

Ireland, Pakistan and Thailand had lower real income per person than Finland in 1960 but only Ireland had higher real income per person than Finland in 2010.

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3 years ago

. Assume a home buyer puts 20% down on a $250,000 house and uses a mortgage to borrow the rest. What will the amount of the mort

Elina [12.6K]

20% down will be $50,000 so the balance will be $200,000 to take out a mortgage for. The higher the down payment the lower the mortgage required and lower payments would ensue also. Also, once one has a mortgage it ie wise to pay it by the week to reduce the interest. Over time this practice makes a difference.

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3 years ago

Read 2 more answers

Stadford Inc. is financed with 40 percent debt and 60 percent equity. This mixture of debt and equity is referred to as the firm

lesya692 [45]

Answer: Capital structure

Explanation: In simple words, capital structure refers to the proportion of different securities that an organisation uses as a combination to fund its operations. In other words, the amount of debt and equity in total capital in hand of the business is termed as capital structure.

Capital structure is of high importance to the investors as it directly impacts the liquidity and profitability of the organisation.

The ability of a company to bear its short term obligation is called liquidity and the ability to generate profit with given amount of resources is called profitability.

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3 years ago

You are evaluating a project that will cost $500,000, but is expected to produce cash flows of $125,000 per year for 10 years, w

boyakko [2]

Answer:

1. 4 years

2. No

Explanation:

Payback period calculates the amount of time to recoup the total investment made on a project. It calculates how long the cash flows generated from a project would cover the cost of the project.

The cost of the project is $500,000

Cash flows are $125,000 per year for 10 years.

In the first year, the cost of the project is reduced by $125,000 and becomes $375,000.

In the second year, the cost of the project is reduced by $125,000 and becomes $250,000.

In the third year, the cost of the project is reduced by $125,000 and becomes $125,000.

In the fourth year, the cost of the project is reduced by $125,000 and becomes $0.

The cost of the project is totally recouped in the 4th year. therefore, the payback period is 4 years.

But the company has a preferred payback period of 3 years ,therefore , the firm won't undertake the project because the payback period is more than 3 years.

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2 years ago

Consignment goods are:

Nady [450]

Answer:

Goods shipped by the owner to the consignee who sells the goods for the owner.

Explanation:

Consignment goods -

It refers to the goods holded by the consignee which is responsible for selling the goods , is referred to as consignment goods .

The consignee receives certain amount of money as commision for the goods .

This method is used by many manufacturing firm , to have a smooth and proper distribution of goods and services .

Hence , from the given question ,

The correct option is first one .

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2 years ago