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HACTEHA [7]
3 years ago
9

Explain why having a good accountant is important for a large business. What does an accountant do? Do some research to find out

. What might happen to a business if they did not have an accountant?
Business
1 answer:
Setler79 [48]3 years ago
7 0

Answer:

Having a good accountant if you own a large business is important because any mistakes could be detrimental in the long run and upset clients.An accountant takes care of all finances, If a business did not have an accountant it would most likely take a turn for the worst.

-Hope i helped :D

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Massillon Company manufactures two models (X100 and Z300) of its product. Its departmental overhead rates have been determined a
ASHA 777 [7]

Answer:

Correct answer is option d

Overhead cost per unit

Product X100 = $825

Product Z300 =  $1400

Explanation:

Overhead cost per unit = (OAR × machine hours/labour hours per unit)

<em>Each product would be charged for overhead in each department using the overhead absorption rate applicable in each department</em>

Overhead cost per unit X100:

($50×15) +($15 × 5) = $825

Overhead cost per unit Z300

($50×25) +($15 × 10) = $1400

4 0
3 years ago
Read 2 more answers
Each stock's rate of return in a given year consists of a dividend yield (which might be zero) plus a capital gains yield (which
Alenkasestr [34]

Answer:

The correct answer is True.

Explanation:

The stock rate of return is a measure of the profitability of the shares over a period of time. There are a number of measures of performance of the shares, which include their own characteristics and benefits during a profitability analysis. The period during which stock returns are measured is chosen based on personal preferences, but portfolio managers usually measure it on a daily, weekly, monthly and annual basis.

3 0
3 years ago
Panda Corporation owns 90% of Squirrel Inc.'s outstanding common stock. The carrying value of the investment in Sam is $180,000
Minchanka [31]

Answer:

The remaining shares should be carried at its fair value.

In this case then,  the fair value of the remaining shares = $260,000*(1-0.5) = $130,000

Explanation:

According to IFRS 3(Revised), A certain group may decide to sell its controlling interest in a subsidiary but retain significant influence in the form of an associate, or retain only a financial asset. If it does so, the retained interest is remeasured to fair value, and any gain or loss compared to book value is recognised as part of the gain or loss on disposal of the subsidiary.

6 0
3 years ago
A proportion of membership of a group?
Alika [10]

What are the answers?

7 0
3 years ago
Lily wants to build a business. She has very little capital. She does, however, have a partner with which she could run a busine
Sati [7]

Answer:

The correct answer is option (b) Little capital

Explanation:

Solution

With a little capital this will help Lily to choose a sole proprietorship organization for her business. a sole proprietorship can begin with a little capital.

The option (a) is not correct as possession of a partner will not lead her to start a sole proprietorship business.

Also the option (c) is not correct the avoidance of personal liability is not the reason because in sole proprietorship, Lily will be liable for her debts.

4 0
3 years ago
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