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4 years ago

Managerial accounting information for a company

Business

1 answer:

Bad White [126]4 years ago

5 0

Answer:

Correct answer is b. relates to subunits ot the entity and may be very detailed.

Explanation

Managerial accounting involves collecting, storing, analyzing, and reporting information about the operations, activities and finances of a business. These reports are generally used by the managers of a business, rather than by any external entities, such as shareholders or lenders. The purpose of this accounting is to facilitate manager from senior to line level to make informed decision.

So in order to run the business smoothly this information/accounting is required to be very detail and covering each and every aspect of the entity.

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Every five years, the Bureau of Economic Analysis (BEA) revises past GDP figures and the methodology involved in computing nat

Scilla [17]

Answer:

E) A and B only.

A. Identifying the qualifying expenditures that lead to the creation of the intellectual property.
B. Deciding how broadly or narrowly to define the concept of intellectual property.

Explanation:

The problem with valuating intellectual property is not what the intellectual property is worth once it is completed (e.g. patent), the real challenge is to properly identify the costs of developing the intellectual property. Research and development costs are usually reported as expenses for this same reason.

Another problem is to really define what can be considered intellectual property and specially what intellectual property should be assigned value. A trademark is an intellectual property, but most trademarks are really worthless, but some like Apple or Coca Cola are worth millions.

3 0

3 years ago

A product's price will increase the most if:<br>

pav-90 [236]

Answer:

Demand is high and if the manufacturing prices increase

5 0

2 years ago

During the current year, the company had the following summarized activities: Purchased short-term investments for $10,000 cash.

aivan3 [116]

Answer:

short-term investment 10,000 debit

cash 10,000 credit

note receivables 5,000 debit

cash 5,000 credit

equipment 18,000 debit

cash 5,000 credit

note payable 13,000 credit

cash 11,000 debit

common stock 1,000 credit

additional CS 10,000 credit

cash 9,000 debit

note payable 9,000 credit

Patents 3,000 credit

cash 3,000 debit

Building 24,000 debit

cash 8,000 credit

note payable 16,000 credit

cash 1,000 debit

equipment 1,000 credit

Explanation:

To record the entries we need to alwasy make debit = credit

we must use account names to represent each concept which are quite easy you don't have to overthink ou write what it is telling you it happen

Whe nthe company use cash use cash account

when it purchase equipment use equiptment

7 0

4 years ago

What power does a market leader in an oligopoly have

s2008m [1.1K]

Oligopoly a market structure in which a few late firms dominate a market.

6 0

3 years ago

Read 2 more answers

Consider a firm with a contract to sell an asset for $154,000 five years from now. The asset costs $90,000 to produce today. Giv

horsena [70]

Answer:

the firm will have a loss of 6.414,97‬

Break-even rate = 11.34%

Explanation:

We calcualte the present value of a lump sum to know the present sale value:

$\frac{Nominal}{(1 + rate)^{time} } = PV$

Nominal: 154,000

time 5 years

rate 0.13

$\frac{154000}{(1 + 0.13)^{5} } = PV$

PV 83,585.03

the current sale price 83,585.03

given a cost of <u> (90,000) </u>

the firm will have a loss of 6.414,97‬

To break event the present value should be 90,000:

$\frac{154000}{(1 + r)^{5} } = 90,000$

$\sqrt{5}{\frac{154000}{90,000}} -= (1 + r)$

rate = 0.113411345 = 11.34%

6 0

4 years ago