Answer:
D
Explanation:
Agency conflicts arises when the objectives of managers isn't aligned with that of shareholders.
Due to the objective of maximising value for shareholders, managers might be induced to engage in aggressive accounting practices in order to present a higher profits than might actually exist. This practice is unethical. This places more emphasis on profits than cash flows.
Belinda is in charge of both accounting and investments and all of the employees involved with these functions at her firm. Belinda is "Financial Manager".
<h3>Who is financial manager?</h3>
Financial manager examine financial information compiled by accountants, keep track of the company's financial situation, and create and carry out financial strategies.
The roles of financial manager are-
- creating reliable financial information and reports
- cash flow statements being created
- estimating a profit
- controlling credit
- giving guidance on financial decision-making
- investing guidance
- generating financial projections
- Budgeting
Therefore, one of the most crucial duties of business owners and managers is financial management.
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Answer:
The correct answer is Decrease by $5,500.
Explanation:
According to the scenario, the computation of the given data are as follows:
First we calculate the previous operating income, by using following formula:
Previous operating income = ($8.5 - $5.25) × 10,000 units - $22,000
= $10,500
Now, we will calculate the current operating income by using following formula:
New operating income = ($7.5 - $5.25) 12,000 units - $22,000
= $5,000
So, the change in operating income can be calculated as
Change in operating income = New operating income - Previous operating income
= $5,000 - $10,500
= -$5,500 ( Negative shows Decrease)
= Decrease by $5,500.
Answer and Explanation:
The computation of annual dollar changes and percent changes for each of the following accounts is shown below:-
Particulars 2015 2014 Changes in dollar Percent change
a b c = (a - b) d = c ÷ b
Short term
investments $380,168 $239,377 $140,790 58.82%
Accounts
receivable $102,276 $105,903 -$3,627 -3.42%
Notes
payable 0 $93,973 -$93,973 -100%
