Answer: Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions.
Explanation: Managerial accounting is the type of accounting under which the managers use the accounting estimates and make several assumptions to make decisions that can affect future results of business operations.
Under financial accounting recording, summarizing and presentation of data in a financial statement is done. It is used to keep track of the past transactions hence no assumptions are needed to make for important aspects.
Answer:
Derived demand
Explanation:
Derived demand occurs when a good is requested not for benefits they directly provide, but for their contribution to another product.
For example capital, land, labour, and raw materials are demanded for their role in producing a final product.
So they can be seen as goods that have derived demand.
When they demand for the final product increases the good that has derived demand also increases, and vice versa.
Answer:
Multiple Choice
s
IRR increases
IRR decreases
IRR remains constant
The correct option is that IRR increases
Explanation:
The initial IRR would be calculated while also the increase in cash flow from $200 to $100 in the first two years would be incorporated into computing a second IRR using IRR formula in excel:
=IRR(values)
The values for first scenario are:
Year cash flow
0 -$1000
1 $100
2 $5,100
IRR is 131%
Second scenario:
Year cash flow
0 -$1000
1 $200
2 $5,200
IRR is 138%
IRR increases by 7% (138%-131%)
Answer:
E. Loyalty to the Brand.
Explanation:
For luxury car makers, the lowest-end models in their product lines often represent only a small portion of their sales. Yet these models are critically important when it comes to attracting new customers and, potentially, establishing their lifelong loyalty to the brand. They have to put efforts on this segment as well, although this segment is very small but it also has much importance for them because this segment contributes to their overall brand loyalty and brand equity as well. Brand equity can be enhanced by selling to this segment as well. Brand equity is the value that a brad name has and it is equally important as customer equity which is the sum of the all the purchases of all the customers of a brand.
Answer:
$53,000
Explanation:
Data given in the question
Beginning Accounts Receivable = $26,000
Credit Sales = $130,000
Collections of credit sales = $87,000
Write-offs = $16,000
So
As we know that
Ending Accounts Receivable = Beginning Accounts Receivable + Credit Sales - Collections of credit sales - Write-offs
= $26,000 + $130,000 - $87,000 - $16,000
= $53,000
