Answer:
managers of the organization
Explanation:
Management Accounting - The main purpose of accounting is to provide a database for business leaders to make the right decisions. Management accounting performs the same function as an area of accounting. Simply the information that the management accounting reveals is intended for internal users of the enterprise, and some literature has described it as "good" data.
Internal users use management accounting data to develop strategies, plan work, make decisions, and optimize resource use.
The main differences between the Financial Accounting (FA) and the Management Accounting (MA) are the dual registration system in the FA. The FA should comply with the legislation and the monetary measure. MA has no legal requirement, and natural, labor and so on. Dimensions can be used. One of the most important differences is that the FA reflects on what has happened, and MA prepares predictive reports on what has happened and about future events.Thus, MA calculations help in making decisions on internal procedures, budgeting and other projected reports.
The Sarbanes-Oxley Act requires both CEOs and CFOs to personally vouch for the reported financial earnings of a company. This law was passed shortly after the Enron scandal.
The main risks types that need to plan for in the project are the systematic and unsystematic risk.
<h3>What is a project?</h3>
It should be noted that a project simply means the activity that's engaged in to achieve a particular goal.
In this case, the main risks types that need to plan for in the project are the systematic and unsystematic risk.
Learn more about projects on:
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Answer:
1. Calculate the NPV for each option available for the project. (Do not round intermediate calculations. Enter your answers in dollars, not millions of dollars, e.g. 1,234,567.)
- go to market now = $744,000
- focus group = $852,000
- consulting firm = $916,000
2. Which action should the firm undertake?
The NPV is higher than the rst of the options.
Explanation:
expected payoffs:
- option 1 (go to market now) = (40% x $1.86 million) + 0 = $744,000
- option 2 (focus group) = (55% x $1.86 million) + 0 = $1,023,000
- option 3 (consulting firm) = (70% x $1.86 million) + 0 = $1,302,000
expected NPVs:
- option 1 (go to market now) = $744,000
- option 2 (focus group) = $1,023,000 - $171,000 = $852,000
- option 3 (consulting firm) = $1,302,000 - $386,000 = $916,000
go to market now
Answer:
the future value is $21,534.44
Explanation:
The computation of the future value is shown below:
As we know that
Future value = Present value × (1 + interest rate)^number of years
where,
Present value is $15,000
The Interest rate is 7.5%
And, the number of the year is 5 years
Now put these values to the above formula
So, the future value is
= $15,000 × (1 + 0.075)^5
= $21,534.44
Hence, the future value is $21,534.44