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xxTIMURxx [149]
3 years ago
7

An enhancing qualitative characteristic of accounting information that refers to the financial statement users' ability to utili

ze accounting information to differentiate between companies that are reporting similar events is__________
Business
1 answer:
Pani-rosa [81]3 years ago
6 0

Answer: Comparability

Explanation:

Comparability describes information that is measured and reported in a similar manner for different companies. It helps users understand the real similarities and differences in economic activities between companies.

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Aircraft Products, a manufacturer of aircraft landing gear, makes 1,000 units each year of a special valve used in assembling on
Sedaia [141]

Answer:

b. Increase by $17,000

Explanation:

For computing the change in the operating income, first we have to determine the cost by make and buy options

Make options:

= Variable cost + fixed cost

= $70 + $60

= $130

Buy options:

= Outside supplier cost + fixed cost × remaining percentage

= $77 + $60 × 60%

= $77 + $36

= $113

So, the difference of cost would be

= $130 - $113

= $17

And, the operating income would be

= Number of units make in each year × cost difference

= 1,000 units × $17

= $17,000

4 0
3 years ago
Offering customers different sized garbage bins for different disposal fees/prices, is one form of _______________ system.
Paul [167]

Answer: VARIABLE-RATE OR “PAY-AS-YOU-THROW”

Explanation:

7 0
3 years ago
A company has sales of $752,800 and cost of goods sold of $301,800. its gross profit equals:
Elena-2011 [213]
Revenue = $752,800
Cost of goods sold = $301,800

To solve for the gross profit:
Gross profit = revenue - cost of goods sold
Gross profit = $752,800 - $301,800
Gross profit = $451,000

The gross profit shows the profits a company has after taking their costs to make the product and subtract them from the sales they had. 
7 0
4 years ago
A(n) _____ is elected by the stockholders of a corporation to oversee its general operation and set long-term objectives.
wariber [46]
A board of directors<span> is elected by the stockholders of a corporation to oversee its general operation and set long-term objectives.  A board of directors can serve for a for-profit business, non-profit business, or on a government agency. The board of directors are voted in and recognized as important decision  makers. </span>
8 0
3 years ago
In a society with a command economy, who answers the basic economic questions?
anzhelika [568]
The leader answers all questions
5 0
4 years ago
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