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3 years ago

The area of accounting that serves the decision-making needs of internal users is referred to as (managerial/financial/research)

Business

1 answer:

zepelin [54]3 years ago

5 0

Answer: Managerial Accounting

Explanation:

Managerial accounting refers to the preparation of reports and analysis from the company's accounting information to enable managers decide the ways to go with a company.

This type of accounting is for internal use and so is not subject to the kind of scrutiny that financial accounting gets from accounting bodies such as IASB and the FASB.

An example would be the Supply Manager may ask for a report to be made showing them the increase in supply costs for the past decade from their preferred supplier to enable them make a decision on if to find a new supplier.

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The management of Ro Corporation is investigating automating a process. Old equipment, with a current salvage value of $24,000,

dexar [7]

Answer:

The simple rate of return on the investment is closest to 19.16%

Explanation:

In order to calculate the the simple rate of return on the investment we would have to use the following formula:

simple rate of return = <u>Annual incremental net operating income</u>

Initial investment

<u />

Initial investment = Cost of the new machine - salvage value of old machine

Initial investment = $384,000 - $24,000 = $360,000

Annual cost savings = $133,000

Annual depreciation = $384,000/6 = $64,000

Therefore, Annual incremental net operating income = $133,000 - $64,000 = $69,000

Therefore, simple rate of return = $69,000 / $360,000 = 19.16%

The simple rate of return on the investment is closest to 19.16%

6 0

3 years ago

if owen refused to testify on the premise that the information he would divulge would self-incriminate him, he can legally do so

Elden [556K]

Owns can legally do so under the first amendment. Therefore, it's true.

<h3>What is first amendment?</h3>

It should be noted that first amendment states that the Congress makes no law representing and establishment of religion.

In this case, if Owen refused to testify on the premise that the information he would divulge would self-incriminate him, he can legally do so under the first amendment.

Learn more about first amendment on:

brainly.com/question/26448398

#SPJ11

6 0

1 year ago

Your uncle Ben has applied for a loan of $240,000 from a local bank, and he thinks he will get a loan. However, he is not confid

vlada-n [284]

Answer:

Follows are the responses to these question:

Explanation:

Please find the complete question in the attached file.

Uncle Ben will have to select industrial machinery for customized furnishings, as the NPV of the project have result show to the S loan, such that uncle Ben can gain it if he opts to invest throughout the C loan of just $120,000 from the bank.

In Which only a $240,000 credit by Uncle Ben has also been issued by the bank, it can choose either local furniture exaggerations or regular fabric as Project C and Project S both are positively Verdict.

6 0

3 years ago

SME Company has a debt-equity ratio of .60. Return on assets is 7.5 percent, and total equity is $486,000. a. What is the equity

polet [3.4K]

Answer:Equity multiplier=1.6

Explanation:

Debt equity ratio is given as debt/equity , Therefore

Debt = Debt equity ratio X Equity

=0.60 x $486,000

= $291,600

The Total assets given as Liability(debt+equity) will now be

=$291,600+$486,000

=$777,600.

Therefore Equity multiplier, Total assets/Total equity

=(777,600/486,000)=1.6

7 0

3 years ago

Revenue & Sales Corporation and Software Solutions, Inc., enter into a contract for the design of custom software for which

ra1l [238]

Answer:

b. an assignee.

Explanation:

Based on the information provided within the question it can be said that in this scenario Creditline is an assignee. This term refers to the individual or company that is accepting the obligations or responsibilities of the individual or company that presently has those obligations in the contract (the assignor) which in this scenario is Software Solutions since they are the ones transfering the right to payment.

5 0

3 years ago