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NemiM [27]
3 years ago
9

Accounting provides information to

Business
1 answer:
timama [110]3 years ago
6 0

Answer:

The correct answer is All of the above.

Accounting provides all the information related to the decision making of various stake holders of an entity.

Managers are provided with information that are required to set goals and do daily activities.

government is given the data required for their policies and taxes.

While the investors are given the material information to make economic and investing decisions.

Explanation:

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Bramble Corp. factors $7200000 of its accounts receivables with recourse for a finance charge of 5%. The finance company retains
saul85 [17]

Answer:

See below

Explanation:

Given the above information, first we'll compute net proceeds

Cash received $7,200,000 × 86%

$6,192,000

Add:

Due from factors $7,200,000 × 9%

$648,000

Less;

Recourse obligation

($5,000)

Net proceeds

$6,835,000

5 0
3 years ago
Ellie Inc., a calendar year C corporation, wants to make a gift to a charity that is deductible on its year 1 Form 1120. The gif
ZanzabumX [31]

Answer:

On or before April 15, year 2.

Explanation:

5 0
3 years ago
Suppose you can afford to invest $1,000 each month into an account that pays 15% per year. How many years will you need to make
myrzilka [38]

Answer:

Explanation:

Rate per period =15% = 15/12 monthly

Payment(PMT)=$1,000

Future amaount(FV)=$2,000,000

N(years)=?

If input this data into fin calculator, n= 262.27months=262.27/12years=21.86years

6 0
3 years ago
Bayside Marina just announced it is decreasing its annual dividend from $1.48 per share to $1.45 per share effective immediately
sleet_krkn [62]

Answer:

the stock price <u>has decreased in the same proportion as the dividend. </u>

Explanation:

Since we are told that the dividend yield remained the same, and the dividend decreased by 2.03%, we know that the price of the stock decreased by 2.03%.

= [($1.45 - $.148) / $1.48] x 100 = -2.03%

5 0
3 years ago
The task of securing all necessary personnel, space, and financing; supervising all production and promotion efforts; fielding a
kirill115 [55]

Answer: producer

Explanation: The task of securing all necessary personnel, space, and financing; supervising all production and promotion efforts; fielding all legal matters; and distributing the proceeds derived from receipts falls to the producer.

Skills expected from a producer are:-

Organization / Scheduling.

Budgeting.

Problem Solving skills.

Multitasking skills.

Communication skills.

6 0
3 years ago
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