Answer:
Explanation:
The formula to compute the total required production unit is shown below:
= Budgeted sales + desired ending finished goods units - beginning finished goods units
To find out the required production units we add the desired ending finished goods units and deduct the beginning finished goods units to the budgeted sales. So, that the accurate units can come
Answer:
See explanation
Explanation:
The free cash flows value relevant to common equity shareholders because they consists of cash that can be distributed to shareholders as dividends. In other words this is Distributable Cash.
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Answer: B.) Product Association
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Answer:
The complete answers are below.
Explanation:
a) The main difference between Financial Accounting and Managerail Accounting is its purposes and the stakeholders who make use of the information that each one provides.
While financial accounting refers to the aggregation of accounting information in the financial statements, management accounting refers to the internal processes used to account for business transactions.
For instance: Financial accounting reports on the results of an entire business, Managerial accounting reports at a more detailed level. Financial accounting must comply with various accounting standards, whereas managerial accounting does not have to comply with any standards when information is compiled for internal consumption.
b) The financial statements most frequently provide are: Balance Sheet or Financial Position, Income Statement, Statement of cash flows and Statement of Changes in Equity.
c) In general, financial reports and financial statements differ in the formal status of financial statements in business and accounting, and these respond to standards such as GAAP and IFRS. While the financial reports have a format or presentation rules given by management, the financial statements, in the other hand, are prepared on regular basis as specific entities are required to do so according to applicable laws. It can be said that financial accounting provides financial statements and managerial accounting is responsible for financial reports.
<u>Answer: </u>Option A
<u>Explanation:</u>
Here there is a price drop of 10% in the tickets while there is 8% increase in attendance which means there is inelastic situation. It denotes that the quantity demanded of the product is less than the price change.
When the demand increases in equal quantity to price then it is unit elastic. Perfectly elastic means when there is just 1% decrease in price of tickets then the demand quantity is infinity. Elastic means there is huge percentage change in quantity demanded than the price change.