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Sever21 [200]
3 years ago
7

Bridgette is a managerial accountant at the Middle Peninsula Manufacturing Company.​ Recently, Bridgette received a Certified Ma

nagement Accountant​ (CMA) certification. To receive the​ certification, Bridgette was required to attend classes and she had to pass a rigorous examination and maintain continuing professional education now and as designated in the future. To prepare for the​ exam, Bridgette focused on managerial accounting​ topics, economic​ topics, and business finance topics. The exam permits Bridgette to earn a competitive salary and to obtain a promotion to a higherminus−level position within the company. Which of the following is the name of the regulatory body that issues the Certified Management Accountant​ (CMA) certification?A. The Federal Reserve Board
B. Institute of Management Accountants​ (IMA)
C. Sarbanesminus−Oxley Act of 2002
D. International Financial Reporting Standards​ (IFRS)
E. U. S. Securities and Exchange Commission
Business
1 answer:
Anettt [7]3 years ago
4 0

Answer:

B. Institute of Management Accountants​ (IMA)

Explanation:

B. Institute of Management Accountants​ (IMA)

The Institute of Management Accountants is an institute where individuals are taught courses in accounting, financial accounting, management accounting, business studies, economic laws etc. This institute prepares the person to have professional study of all the managerial accounting practices involving different fields of study. There are three  basic stages, the first is the operational level, then the managerial level and the third is the strategic level. At each level a competitive exam is held to ensure the learning of accurate and high structured policies among emerging accounting managers.

It is a member of different  international accounting bodies and firms .

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Suppose the United States removes the sugar quotas and the market price of sugar drops. Since sugar is an input in chocolate, we
8090 [49]

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The consumer surplus will definitely increase.

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3 years ago
Banco Macro is expected to generate $150 million in free cash flow next year, and the free cash flow is expected to grow at a co
nirvana33 [79]

Answer:

Stock value per share = $136.8

Explanation:

The value of a firm can be determined using the free cash flow  and the Discount cash flow model.

The discounted cash flow model values a firm as the the sum of the present values of the future cash flows generated by the assets of the firm  discounted at an appropriate  required rate of return. This rate of return (discount rate)is called Weighted average cost of capital (WACC)

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Value of Banco = 150 × (1+0.04)/(0.0685- 0.04)

                         =5473.684211

Value per stock = (Value of the firm - Value of Debt)/ No of stock units

                           = <u>5473.68 - 0</u>

                             40 million units

Stock value per share = $136.8

3 0
3 years ago
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