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Ivan
3 years ago
8

Providing an analysis for a company regarding adding a particular product line, retracting sales markets, or dealing with risks

or opportunities are some of the responsibilities of managerial accountants.1. True2. False.
Business
1 answer:
kakasveta [241]3 years ago
4 0

Answer:

True

Explanation:

While the financial accountant's function is to provide information for the external stakeholders' use , the managerial accountant collects and  analyse information for internal management for the purpose of decision making , future investment and also profitability improvement of operations.

He also look into the efficiency of existing systems and control and advise on ways for improvement concerning under-performing areas .

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LO 2.1Which of the following represents the components of the income statement for a manufacturing business?
Gennadij [26K]

Answer:

Sales Revenue – Cost of Goods Sold = gross profit

Explanation:

In order to determine the income statement components, the following component is shown

Gross profit = Sales revenue - the cost of goods sold

where,

Sales revenue represents the sales of the business organization

And, the cost of goods sold would be

= Opening inventory + Purchase - ending inventory

By deducting the cost of goods sold from the sales revenue the gross profit can arrive

6 0
3 years ago
credit cards should be used for what A. anything you want B. things you cant afford C. budgeting expenses you need to pay over t
zloy xaker [14]
Im pretty sure its C



hope this helps best of luck :)
4 0
3 years ago
As applied to mortgage loans, which of the following statements is FALSE? By increasing the number of payments per year you incr
Ann [662]

Answer:

The statement that is false about mortgage loans is Advertised rates are annual percentage rates.

Explanation:

Mortgage loan refers to a loan that uses real estate as collateral to receive cash upfront to be redeemed after the loan repayment is completed. if the loan is not remitted as at when due , the lender lays claim to the real estate property.

By increasing the number of payments per year you increase your effective borrowing rate.

When you use a spreadsheet to calculate your interest rates, it uses the periodic interest rate, not the annual percentage rate.

You can find a monthly payment by dividing the annual payment by 12.

However, advertised interest rate are not the same as your loan's annual percentage rate (APR) because other charges like mortgage insurance, closing costs, discount points and loan origination fees apply.

5 0
3 years ago
Which industry began to form in the 1930s? the railroad industry the cruise ship industry the airline industry the Disney resort
sasho [114]
The answer is airline industry.
The first passengers airlines actually first created in 1919, but at that time, the amount of money involved still hasn't big enough to be considered as industry.
The market for airline started to show a promising future in 1930s, where  they started to obtain more than 6,000 consumers per year. 4 Years after that, they started to obtain a staggering increase to 450,000 consumers per year.
6 0
4 years ago
The business-to-business cleaning supply company, Ecolab, encouraged a leading competitor, Diversity, to adopt a strategy to go
Sveta_85 [38]

Answer:

Raise competitor costs.

Explanation:

Raising competitor costs is basically a strategy to gain market share.

8 0
3 years ago
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