Answer:
<u>Chief financial officer (CFO) </u>
Explanation:
A financial controller represents the accounting head of a company. The function of a controller is to supervise and direct other accountants of the accounting department with respect to timely and accurate preparation of financial statements. Such an individual reports to the chief financial officer (CFO) of the company.
Treasurer on the other hand, takes custody of or a trustee to business revenues and management of cash flows and raising of capital for projects. Such an individual interacts with shareholders, bankers and providers of finance on behalf of the company and reports to the chief executive officer.
In some companies, the vice president might serve as the chief financial officer but usually the chief financial officer ranks higher in many companies and the vice president reports to CFO.
The chief financial officer reports to the company's chief executive officer i.e CEO. Such a person is responsible for financial planning, risk management as well as financial reporting function.
Answer:
b one or two products are under costed.
Explanation:
If a company produces three products, & one product is over costed. Then, The company must have had one or two products, that are under costed.
As, if the company under costs a product. Then, it over costs the other products, for covering the lack of profit margins arising from under costing of former product.
Apple's products are well known and valued because of the demand, and customer loyalty, and the company's price premium rank high in the consumer tech industry. This is an example of Brand Equity.
<h3>
What is Brand Equity?</h3>
- A brand's intrinsic value, or the social value of a well-known brand name, is referred to as brand equity in marketing.
- Due to public perceptions that well-known companies' products are superior to those of lesser-known brands, the owner of a well-known brand name might profit more on brand recognition alone.
- Information economics and cognitive psychology have both been used to study brand equity in the research literature.
- Cognitive psychology holds that brand equity is dependent on consumer knowledge of the attributes and associations associated with the brand.
- A strong brand name serves as a reliable indicator of product quality for consumers who are only partially aware, and it also produces price premiums as a sort of return on branding investments, according to information economics.
To learn more about Brand Equity refer to:
brainly.com/question/15105000
#SPJ4
Answer: d. $180,000
Explanation:
Using the equity method, the book value of shares is:
= (Opening common stock + Retained earnings + Net Income - Dividends ) * Percentage of shares acquired by Pair Logic
= (100,000 + 130,000 + 25,000 - 15,000) * 75%
= 240,000 * 75%
= $180,000
Answer:
The answer is: Dr sales returns and allowance $60
Explanation:
Sales returns and allowance account: refers to an account that records any discounts in the selling price when customers agree to accept defective units instead of returning them to the seller.
Since the sales returns and allowance account is an expense, they have to be debited.