Answer:
Comparability
Explanation:
The comparability accounting principle states that the financial information from one period can be compared to the financial information of another period to determine what changes have occurred during that time. It is one of the most important qualities that financial information should possess, since comparability allows year to year comparisons within the same company's financial information or the comparison of financial information between different companies. This is exactly why accountants have to follow certain procedures and norms like GAAP.
Answer:
(a) 14%
(b) 15%
(c) 15.48%
Explanation:
cost of retained earnings:
= ($3.03 ÷ $34) + 0.05
= 0.09 + 0.05
= 14%
Therefore, the Evanec's cost of retained earnings is 14%
Flotation cost percentage:
= [($34 - $28.90) ÷ $34] × 100
= 0.15 × 100
= 15%
Therefore, the Evanec's percentage flotation cost is 15%.
Cost of new common stock:
= ($3.03 ÷ $28.90) + 0.05
= 0.1048 + 0.05
= 15.48%
Therefore, the Evanec's cost of new common stock is 15.48%.
Answer:
Target cost is $13.60
Explanation:
Target cost is the competitive market minus the desired profit amount.In other words,the firm first of all establishes the market price which is acceptable to consumers,then deduct its desired profit in order to arrive at the target cost.
In the scenario,the competitive market price is $15
desired profit margin=required rate of return on investment*amount invested/planned number of calculators
required rate of return is 12%
amount invested is $6,020,000
planned number of calculators is 516,000
desired profit margin=12%*$6,020,000/516,000=$1.4
target cost=$15-$1.4=$13.6
Answer: Option B
Explanation: In simple words, Information management refers to the governance of the information assets of the organisation.
Under this, the managers collects the information,that is useful to various stakeholders, from several different resources and then distributes it those stakeholders.
In the given case, Kristin is also managing the information that is useful to the organisation.
Hence the correct option is B.
Answer:
After the war, Americans were ready to buy and wanted consumer goods like cars and appliances. Americans became accustomed to homes with electric lighting, phones, cars, vacations, and entertainment.
The lifestyles of Americans were significantly effected by the availability of labor saving products, luxury items and the emergence of mass advertising campaigns and consumerism.
Explanation: