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sertanlavr [38]
3 years ago
10

Describe the two primary functions of financial accounting

Business
1 answer:
andreev551 [17]3 years ago
6 0

Answer: Measurement and presentation of financial performance

Explanation: The two primary functions of financial accounting are measurement and presentation of financial performance.

The measurement function is performed by following accounting procedures and policies under US GAAP and IFRS.

Whereas, presentation function relates to preparation of financial statements like income statement and cash flow statement.

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You’d like to borrow money because it will fund for whatever you want to purchase or fund, but you’ll have to give it back and depending on interest it would be more expensive.
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2 years ago
your company’s marketing manager implements the company’s new marketing strategy and tactics on the market. what types of inform
stiks02 [169]

The type of information the marketing manager needs to monitor to judge the plan's successful implementation and strategic effectiveness are profits, customer relations, sales information, and competitor reactions.

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There are several tools that can help shape an organization's marketing strategy, such as:

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Therefore, the manager must monitor profits, company-customer relationships, sales, and competitor reaction to judge the success of a marketing plan, which should generate value and market leadership for an organization.

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8 0
2 years ago
Quantum Technology had $652,000 of retained earnings on December 31, 20X2. The company paid common dividends of $33,300 in 20X2
loris [4]

Answer:

(a) $546,300

(b) $12.88

Explanation:

(a)  Earnings available to common stockholders:

= Dividend + Retained Earnings

= 33,300 + 513,000

= $546,300

Earnings available to common stockholders means the amount available to distribute as dividend.

But the company need not pay full earnings as dividend. They may left some portion as retained earnings.

(b)  Earnings per share:

= Earnings available to common stockholders ÷ no. of shares of common stock

= $546,300 ÷ 42,400

= $12.88

3 0
2 years ago
What is one way learning to budget now will affect your future?
bagirrra123 [75]

Answer:

not saving up

Explanation:

I dont have one

5 0
2 years ago
Read this citation for an informative essay. Davis, Victoria. Joining the Secret Service. Washington, D.C.: Free Print Press, 20
sertanlavr [38]

Answer

This citation is for a book on how to join the Federal Bureau of Investigation

Explanation

A Federal Bureau of Investigation (FBI) special agents work for the federal government and are responsible for conducting investigations according to the federal laws. The special agents are professionals responsible for analyzing a wide range of cases because investigators have skills in specific areas such as crime, accounting or engineering. Joining the secret service requires a person to obtain: a bachelor’s degree, gain work experience, complete the FBI application process, and go through the FBI Academy Training.



6 0
3 years ago
Read 2 more answers
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