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Cloud [144]
3 years ago
12

Financial accounting: Multiple Choice Provides information primarily for external decision makers. Provides information primaril

y for a company's employees. Provides information primarily for the use of managers of the company. Is primarily used to compute a company's tax obligation. g
Business
1 answer:
Natalka [10]3 years ago
7 0

Answer:

The correct answer is letter "A": Provides information primarily for external decision makers.

Explanation:

Financial Accounting is the method of gathering, recording, summarizing and publishing financial data on a company that is useful to <em>investors and creditors</em>. The ultimate goal is to accurately report a business' financial picture and results at a given point in time and over a specified period.

<em>Financial accounting output is a financial report containing different statements and explanatory notes.</em>

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Catering Corp. reported free cash flows for 2008 of $8.14 million and investment in operating capital of $2.14 million. Catering
Neko [114]

Answer:

Catering's 2008 EBIT is $11.47 million

Explanation:

Operating cash flow = EBIT + Depreciation – Taxes

Also the same as EBIT = Operating cash flow - Depreciation + Taxes

When Operating cash flow = Free cash flows + Investment in operating capital

OCF = $8.14 million + $2.14 m illion

Operating cash flow = 10.28 million

EBIT = Operating cash flow - Depreciation + Taxes  

EBIT = 10.28 million - 0.95 million + 2.1 4 million

EBIT = $11.47 million

Catering's 2008 EBIT is $11.47 million

6 0
3 years ago
Henry is a manager in an operations department in a computer manufacturing company. He thoroughly studied the production process
Fynjy0 [20]

Answer:

d. Scientific management.

Explanation:

The management theory used by Henry in this case is scientific management, which can be understood as an administrative model created by Taylor.

The main objective of scientific management is to make work more efficient using less resources and efforts, that is, making work more flexible by rationalizing work and implementing scientific techniques and training employees so that there is efficiency and effectiveness in organizational processes, with the lowest cost, time and continuous improvement.

4 0
3 years ago
If a firm's goal is to maximize its earnings per share, this is the best way to maximize the price of the common stock and thus
ozzi

Answer:

False is the answer

6 0
3 years ago
On May 25, Tyler, Inc. issues 100 shares of $10 par value preferred stock for $5,000 cash. The entry to record this transaction
Gennadij [26K]
Basically I don’t know the answer but it wants me to put something
6 0
3 years ago
When the central bank acts in a way that causes the money supply to increase while aggregate demand remains unchanged, it is:?
Rudik [331]

Answer:

It is "following an expansionary monetary policy".

Explanation:

When the central bank uses expansionary monetary policy, money supply increases and the  interest rates decreases, this will lead to no change in aggregate demand. It also affects the value of the currency and that is lowering its value but there is improvement in growth of domestic economy.

5 0
3 years ago
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