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3 years ago

Discuss the importance of managerial accounting as "decision-making tool" in your organization.

Business

1 answer:

Gelneren [198K]3 years ago

6 0

Answer and Explanation:

Managerial accounting is the procedure we likewise know as cost bookkeeping in which an administrator uses the information which is recognized, estimated and broke down from their bookkeeping procedure all together for a director to comprehend understanding with regards to basic leadership, we should have the option to comprehend that the qualities present in any conceivable choice depend on various components which have their own pertinence in the result. As chiefs, it is our obligation to choose the most ideal result notwithstanding the nearness of various distinctive option with various probabilities of achievement and result.

This is the reason, when we think about the procedure of cost accounting, we can say that the way that the chief is currently ready to comprehend the procedures dependent on their result, their likelihood of event just as other significant components which permits them that comprehension of having the option to accomplish the no doubt result which is good for the organization, it settles on their basic leadership process a lot simpler and applicable, We have to ensure that the association comprehend the significance of cost bookkeeping and different investigation forms permitting the organization the utilization of their asset and the most ideal viewpoint for them while likewise filling in as the fundamental factor of data pertinent for outside gatherings and partners and so as to for them to comprehend their venture and potential returns also.

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Sidewinder, Inc., has sales of $686,723, costs of $335,000, depreciation expense of $80,000, interest expense of $45,000, and a

algol13

Answer:

The addition to retained earnings is $95,751.

Explanation:

Addition to the retained earning is the net value of net earning of the year and dividend payment.

Net income

Sales $686,723

Costs ($335,000)

Gross income $351,723

Depreciation Expense ($80,000)

Income before interest and tax $271,723

Interest Expense ($45,000)

Income before tax $226,723

Tax 22% ($49,879)

Net Income $176,844

Addition to Retained Earning = Net Income - Dividend Payment

Addition to Retained Earning = $176,844 - $81,093

Addition to Retained Earning = $95,751

8 0

3 years ago

When labor unions successfully bargain for wage rates that are _____ the equilibrium wage rate, they may cause _____. higher tha

Delicious77 [7]

Answer:

When labor unions successfully bargain for wage rates that are HIGHER THAN the equilibrium wage rate, they may cause AN INCREASE IN STRUCTURAL UNEMPLOYMENT.

Explanation:

When a labor union bargains for wages that are above equilibrium rate, this will produce the same effect as a price floor. The supply of labor will increase, while the demand for labor will decrease. This deadweight loss generated by high wages will result in an excess supply that will eventually lead to higher structural unemployment.

3 0

3 years ago

Select the best answer for the question.

Lorico [155]

Answer:

Explanation:

US dollar used to be backed by gold but this is not the case anymore. US dollar being as a flat currency is backed by governemnt through federal reserve.

6 0

3 years ago

Your parents tell you that they must create a personal balance sheet. Explain what a personal balance sheet is and explain the t

Zinaida [17]

A balance sheet is an essential way to evaluate for a business. 2. Calculate Assets

Assets, money, investments and products the business owns that can be converted into cash: These are what put companies in the financial positive. A thriving company should have assets that are greater than the sum of its liabilities; this creates value in the company’s equity or stock, and opens up opportunities for financing.

It’s important to list your assets by their liquidity—the facility by which they can be turned into cash—starting with cash itself and moving into long-term investments at the end of the list. For the purpose of an annual balance sheet, you can separate your list between “Current Assets,” anything that can be converted into cash within a year or less, and “Fixed Assets,” long-term possessions that can be sold or that retain value down the line, minus depths and other things.

3 0

3 years ago

The cash operating cycle for a merchandiser begins with cash purchases of merchandise and ends with _____.

netineya [11]

The cash operating cycle for a merchandiser begins with cash purchases of merchandise and ends with receipt of cash.

<h3>What is a merchandise?</h3>

Any form of items, including those used for personal or professional purposes, as well as goods sold to the general public (retail) or other enterprises, are referred to as merchandise (wholesale).
'Freebies', or promotional things like the bespoke drink bottles in this example that are given away or not charged for, can also be referred to as merchandise.
Calendars, magnets, wall art, stationery, greeting cards, textiles, badges, and a wide variety of other goods may be included in this category.
A T-shirt with a slogan or logo that a political party distributes to voters during an election campaign or a calendar with a logo that a supplier offers its clients at the end of each year are two examples of freebie products.

Buying merchandise can be done with cash or on credit. The accounts involved in the transaction are the purchases account and the cash account if goods are paid for in cash. It debits the purchases account and credits the cash account.

Know more about Merchandise with the help of the given link:

brainly.com/question/15546663

#SPJ4

8 0

2 years ago