In these cases, managers generate financial reports and evaluate performance using predicted cost data rather than real cost data.
The balance sheet, income assertion, and coins flow assertion are the three essential financial statements that managers should be capable of apprehend and compare.
The stability sheet provides a quick precis of a enterprise's financial function for a sure time period. in addition to tracking performance, budgets, and different signs, managers might also use monetary statements as equipment to inspire teams, make decisions, and keep a watch on the huge photo.
therefore, keeping an eye fixed for your financial performance increases your guarantee and confidence while making selections for the long time and the near term. a more healthy enterprise and faster boom rate follow from this. additionally, it allows you to outperform and outwit competitors who fall brief in this area.
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Answer:
Income tax expense
= 40% x $250,000 = $100,000
Total income tax expense
= 40% x ($250,000 +$70,000) = $128,000
The correct answer is D
Explanation:
The income tax expense is calculated on the operating income of $250,000 while the total income tax expense is calculated on the gross income of $320,000. Tax is computed at the rate of 40% of the income respectively.
Answer:
<u>Related constrained; operational relatedness</u>
Explanation:
<u>Related constrained:</u> In business, the term "relatedness constrained" is described as a strategy through which a specific firm tend to share activities and resources between its various businesses. However, less than 70% "revenue" is being acquired through dominant business and every business shares similar product, distribution and technological images.
<u>Operational relatedness:</u> The term "operational relatedness" is described as one of the different ways of diversification strategy and creates value. It generally shares different activities between various businesses.
In the question above, the given statement represents related constrained and operational relatedness.
Answer:
b. $23,350
Explanation:
The computation of final balance in fatal work-in-process inventory is presented with the help of spreadsheet as attached below:-
The formula is presented below:-
Amount of Over-allocated Overheads = Percentage of overhead applied × Over-allocated Overheads
Account Balance after = Account Balance before - Amount of Over-allocated Overheads
Therefore the correct answer is b. that is $23,350
<span>Let the number of calories from lunch be called L. As such, breakfast is then L + 128, and dinner is 2L - 400. We can then sum the three meals and equate it to the total caloric intake, the known value of 1932.
So:
1932 = L + L + 128 + 2L - 400 = 4L - 272.
Lunch = 551
Breakfast = 551 + 128 = 679
Dinner = 2*551 - 400 = 702</span>