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Alecsey [184]
4 years ago
6

In comparison with a financial statement prepared in conformity with generally accepted accounting principles, a managerial acco

unting report is more likely to:
Business
1 answer:
kotegsom [21]4 years ago
8 0

Answer:

The correct answer is letter "B": Be tailored to the specific needs of an individual decision maker.

Explanation:

Managerial accounting mainly focuses on collecting information from the operations of the firm given a specific period so decisions can be taken according to the situation of the company. If it is not meeting expectations, managers could shape the current strategy to fulfill the specific manager and overall company's objectives.

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In periods subsequent to an asset transfer from a subsidiary to its parent at a gain, what effects continue on the seller's and
Alik [6]

Answer:

a. retained earnings of the seller are overstated

Explanation:

An asset transfer from a subsidiary to its parent at a gain is an Intragroup transaction. Intragroup transactions must be eliminated otherwise the financial statements would be misleading and not have a faithful representation.

The consequence of this transfer is that the Income of the Seller (subsidiary) increases and this also increases the Retained Income Balance of for the Subsequent years. We should eliminate this Income.

8 0
3 years ago
The United States Tobacco Settlement between the major tobacco companies and 46 states caused the price of cigarettes to jump​ 2
Anton [14]

Answer:

B. The elasticity of demand is -0.126

Explanation:

% Change in Quality demand = -2.65% (this is negative because of drop in prenatal smoking)

% Change in price = 21%

Elasticity of demand is given by the formula below:

Elasticity of demand = % change in quantity demanded ÷ %change in price

Elasticity of demand = -2.65 / 21

Elasticity of demand = -0.126

6 0
3 years ago
Fixed expenses are $147,000 per month. The company is currently selling 2,000 units per month. The marketing manager would like
vitfil [10]

Answer:

Explanation:

We don't have enough information to calculate the exact effect on the net operating income. For example, we will need the selling price and unitary variable costs. But we can calculate the effect on the fixed costs and selling variable costs.

Savings in fixed costs= $22,000

Increase in total variable costs= 13* 2400 units= $31,200

To decide whether it is convenient or not we need the information previously stated.

3 0
3 years ago
Cully Furniture buys two products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 100
KATRIN_1 [288]

Answer:

$45,000

Explanation:

Cully's storage constraint is: 100B + 90M ≤ 18000

If Cully were to buy only big shelves, it could buy 180 of them (= 18,000 / 100)

If they were to buy only medium shelves, it could buy 200 (= 18,000 / 90)

Cully's money restraint is: 500B + 300M ≤ 75,000

If Cully were to buy only big shelves, it could buy 150 of them (= 75,000 / 500)

If they were to buy only medium shelves, it could buy 250 (= 75,000 / 300)

So Cully's order must be within 150 big shelves and 200 medium shelves.

If Cully purchases and sells 150 big shelves, it will earn $45,000 in profit.

If Cully purchases and sells 200 medium shelves, it will earn $30,000 in profit.

Since the profit for big shelves is $500, Cully should try to sell as many of them as possible. The maximum amount that they can buy is 150, which will result in a $45,000 profit.

8 0
3 years ago
Doll Computer manufactures laptop computers under its own brand, but acquires all the components from outside vendors. No comput
BaLLatris [955]

Answer:

See attached file

Explanation:

6 0
4 years ago
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