I think the correct answer from the choices listed above is option C. Managerial accounting generates information for use outside the organization. <span>By </span>using<span> managerial accounting </span>information<span>, both managers and employees can evaluate how well they have done in the past and </span>what<span> they can expect in the future.</span>
Given that the contrsct that is being made here has been said to be ratified, the contravt can be said to a valid contract.
<h3>What is a valid contract?</h3>
This is a term that is used to refer to a contract that has been found to b e valid and also enforceable.
What makes a contract valid is the fact that there is an expressed offer, and a valid acceptance.
Read more on contracts here: brainly.com/question/5746834
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Answer:
Please see attached.
Explanation:
Prepare a pension spreadsheet that shows the relationship among the various pension balances, show the changes in those balances , and compute pension expense for 2018
Please see detailed solution to the above question.
Answer:
2.42
Explanation:
The current ratio is a type of liquidity ratio. Liquidity ratios calculate the ability of a firm to meet its short term obligations
Current ratio = current assets / current liabilities = $ 126,000 / $52,000 = 2.42
Answer and Explanation:
The correct answer is: the <em>years 2001, 2004, 2007 and 2009.</em>
The table mentioned in the question was missing, so I attached it here.
A budget surplus refers to when the revenue (in this case the government's budgeted revenue) surpasses the expenditure in a given period of time, such as over the span of one year. From the attached table, we can see that in these years, the revenue was higher than the expenditure, therefore, resulting in a budget surplus.
1. 2001- the budget surplus was $2 trillion (8 trillion- 2 trillion)
2. 2004- the budget surplus was $2 trillion (9 trillion- 7 trillion)
3. 2007- the budget surplus was $2 trillion (6 trillion- 4 trillion)
4. 2009- the budget surplus was $3 trillion (7 trillion- 4 trillion)