Answer:
A is not Managerial accounting the correct answer is Financial accounting
In my understanding, this assignment wants you to evaluate the decision made by the management officer, in her attempt to improve the business position.
First of all, net profit figure shows the profitability of the business. Net profit figure means the total profit earned minus all the costs incurred in running the business. Higher net profit figure in year 1 might indicate a favourable position, as it could be that higher profit is generated from using whatever method/machine they use in year 1, or running this machine incurred less cost. In year 2, they didn't necessarily earn lower profit, but running the new machine might be more costly.
Next, rate of productivity growth refers to the growth in quantity of output produced. If more output can be produced, this means higher efficiency. This means that the efficiency of production in year 2 is more than in year 1.
Thirdly, the number of customer's complaints is important in evaluating the business' goodwill, in this case, its position in the society. Without good relationship with the public, a company may lose its customer. It is always important to keep clients satisfied since they're the source of income to the business. This means that the management decision in year 2 is more favourable than in year 1.
Last but not least, rate of absenteeism can be evaluated in terms of productivity . Higher absenteeism means lower productivity, lower output but higher cost to the business since they're paying salaries to workers who don't produce output to sell. Less output to sell means less income can be earned. In year 1, the business productivity is higher than in year 2.
In year 2, the business has a boost in their efficiency & reputation. Although less profit earned, it is likely that this will grow in the future. Staff attendance can be improved by encouragement such as giving incentives for example, provision of more holidays.
I hope this is helpful!
Answer:
<em>C. The individual unit owner</em>
Explanation:
Based on what you actually own, your maintenance responsibilities for the property – and therefore your repair costs, and so on – will vary.
Normally, a unit owner is made responsible for managing all that is a part of his unit system.
For instance, if you identify a "unit" in your condominium complex to include the outside shutters on your windows, it will be your responsibility to maintain that.
If they collapse off from each other a few years after you move in, you probably won't be able to get help from the home owners association (excluding proof that they were defective at first).
Answer:
The answer is $230,000
Explanation:
Net sales is the sum of a company's gross(total) sales minus any returned goods, sales allowances and/or discounts. The total amount of revenue on a company's income statement is the net sales.
Gross sales - $240,000
Merchandise returned - $10,000
Net sales = Gross sales - goods returned
$240,000 - $10,000
= $230,000
Answer:
Option "4" is the correct answer to the following situation.
Intermediate-term cost receives a weighting of 12%.
Explanation:
<u>GIVEN:</u>
Total cost receives weighting = 40%
- short term cost weighting = 50% of (Total cost receives weighting)
= 50% of 40% = 20%
- intermediate term cost weighting
= 30% of (Total cost receives weighting)
= 30% of 40% = 12%
= 20% of (Total cost receives weighting)
= 20% of 40% = 8%
Therefore option "4" is the correct answer to the above situation.
