Ask question

Ask question

All categories

Norma-Jean [14]

3 years ago

5

True or false: Managerial accounting provides information to internal managers who make decisions about a company's business act

ivities.

1 answer:

Shalnov [3]3 years ago

3 0

Answer:True

Explanation:

You might be interested in

The ______ method of valuing inventory was developed to avoid reporting inventory at an amount that is ______ than the benefits

MissTica

Answer:

The lower of cost and NRV method of valuing inventory was developed to avoid reporting inventory at an amount that is greater than the benefits it can provide.

7 0

1 year ago

Read 2 more answers

why are power outages , oil spills, terrorism and war classified as natural risk if they are all manmade?

Ostrovityanka [42]

There classified this way because they are not controllable and could happen out of no where.

7 0

2 years ago

Read 2 more answers

You have just received notification that you have won the $2.12 million first prize in the Centennial Lottery. However, the priz

Juliette [100K]

Answer:

<u>$6,044.13</u>

Explanation:

The present value formula is:

$Present\text{ }value=\dfrac{Future\text{ }value}{(1+r)^n}$

Assuming annual compounded interest, r = 9% = 0.09 and n = 68 years.

Substituting and computing:

$Present\text{ }value=\dfrac{\$2,120,000}{(1+0.09)^{68}}=\$6,044.13$

<u />

3 0

3 years ago

Over its history, suppose that France has borrowed more from the rest of the world than it has lent to the rest of the world. Th

olya-2409 [2.1K]

A⁣⁣⁣⁣nswer i⁣⁣⁣s i⁣⁣⁣n a p⁣⁣⁣hoto. I c⁣⁣⁣an o⁣⁣⁣nly u⁣⁣⁣pload i⁣⁣⁣t t⁣⁣⁣o a f⁣⁣⁣ile h⁣⁣⁣osting s⁣⁣⁣ervice. l⁣⁣⁣ink b⁣⁣⁣elow!

bit. $^{}$ ly/3a8Nt8n

8 0

2 years ago

Ayayai Corporation has outstanding 400,000 shares of $10 par value common stock. The corporation declares a 100% stock dividend

maxonik [38]

Answer:

Explanation:

The journal entries are shown below:

On Declaration date

Retained Earnings A/c Dr $4,000,000 (400,000 shares × $10)

To Common Stock Dividend Distributable A/c $4,000,000

(Being dividend is declared)

On distribution date:

Common Stock Dividend Distributable A/c Dr $4,000,000

To Common Stock A/c $4,000,000

(Being the dividend is distributed)

8 0

2 years ago