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3 years ago

As supervisors and managers, should one be limited to how one writes by an arbitrary style manual?

Business

1 answer:

andreyandreev [35.5K]3 years ago

7 0

Answer:

As supervisors and managers its not necessary that you should be limited to or write by an arbitrary style manual.

Explanation: As supervisors and managers its not necessary that you should be limited to or write by an arbitrary style manual. as a supervisor or manager, you are not limited to arbitary style of manual writing, As generally there is no standard of writing Manual. As the only known or recognizable form is a styl guide and this Varies in each and every organizations.

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At the end of the current year (before adjusting entries), Autumn Corporation had a balance of $76,000 in Accounts Receivable an

astra-53 [7]

Answer:

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Explanation:

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2 years ago

The comparative statements of Wahlberg Company are presented here:Wahlberg CompanyIncome StatementsFor the Years Ended December

denpristay [2]

Answer:(a) 5.4 (b) 0.53, (c) 0.42, (d) 1.9 (e) 32.1 (f) 11.4 (g)17 (h) 21 (i) 3.4 (j) 3.7 (k) 41% (l) 86,000

Explanation:

(a) Earning per share = Total earning after tax / Number of shares

= Number of shares = 290,000 ÷ 5 = 58,000

= 313,400 ÷ 58,000 = 5.4

(b) Return on common stockholders equity

= Earning Available to ordinary equity /Total shareholders equity - preference shares

= 290,000/603,400 - 58,800

= 290,000 ÷ 544,600

= 0.53

= Average Total Asset = 1,026,900 ÷ 2 = 513,450

=218,000 ÷ 513,450

= 0.42

(d) Current Ratio = CurrentAsset ÷ Current Liabilities

= 377,900 ÷ 203,500

= 1.85

= 1.9 approximately

(e) Account Receivable Turnover = Annual credit sales ÷ Average Account Receivable

Average Account Receivable = 117,800 ÷ 2 = 58,900

= 1,890,540 ÷ 58,900

=32.09

= 32.1 approximately

(f) Average Collection Period = Average Account Receivable ÷ (Annual Sales ÷ 36365days )

=58,900÷ (1,890,540 ÷ 365)

= 58,900÷ 5,179.56

=11.37

= 11.4 approximately

(g) Inventory Turnover = Cost of good sold ÷ Average Inventory

Average inventory = 126,000 ÷ 2 = 63,000

1,058,540 ÷ 63,000 = 16.8

= 17 approximately

(h) Days in Inventory = 365 ÷ inventory turnover

= 365 ÷ 17 = 21.4

= 21

(i) Times interest earned = income before interest & income taxes ÷ interest expense

= 310,000 ÷ 92,000

= 3.36

= 3.4 approximately

(j) Asset Turnover = Net Sales ÷ Average Total Asset

Average Total Asset = 1,026,900 ÷ 2 = 513,450

= 1,890,540 ÷ 513,450

= 3.68

= 3.7 approximately

(k) Debt to Asset Ratio = Total Liabilities ÷ Total Asset × 100%

= 423,500 ÷ 1,026,900 × 100%

= 0.412 × 100

= 41.2%

= 41%

(l) Free cash flow = Cash from operating Activities - Capital Expenditure

=223,000 - 137,000

=86,000

8 0

3 years ago

Both Bond Sam and Bond Dave have 7.3 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has three

Ainat [17]

Answer:

-5.14 for sam

-18.01% for dave

Explanation:

We first calculate for Sam

R = 7.3%

We have 2% increase

= 9.3%

We calculate for present value of coupon and present value at maturity using the formula for present value in the attachment

To get C

1000 x 0.073/2

= 36.5

time= 3 years x 2 times payment = 6

Ytm = rate = 9.3%/2 = 0.0465

Putting values into the formula

36.5[1-(1+0.0465)^-6/0.0465]

= 36.5(1-0.7613/0.0465)

36.5(0.2385/0.0465)

= 36.5 x 5.129

Present value of coupon = 187.20

We solve for maturity

M = 1000

T = 6 months

R = 0.0465

1000/(1+0.0465)⁶

= 1000/1.3135

Present value = 761.32

We add up the value of present value at maturity and that at coupon

761.32 + 187.20

= $948.52

Change in % = 948.52/1000 - 1

= -0.05148

= -5.14 for sam

We calculate for Dave

He has 20 years and payment is two times yearly

= 20x2 = 40

36.5 [1-(1+0.0465)^-40/0.0465]

Present value = 36.5 x 18.014

= 657.511

At maturity,

Present value = 1000/(1+0.0465)⁴⁰

= 1000/6.1598

= 162.34

We add up these present values

= 657.511+162.34 = $819.851

Change = 819.851/1000 -1

= -0.1801

= -18.01%

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3 years ago

Stew Beauf is a self-employed surfboard-maker in 2019. His Schedule C net income is $152,800 for the year. He also has a part-ti

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The answer to this question is $356,567

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3 years ago

Managerial accounting information Question 48 options: A) pertains to the entity as a whole and is highly aggregated. B) is cons

KengaRu [80]

Answer:

The correct answer is letter "D": pertains to sub-units of the entity and may be very detailed.

Explanation:

Managerial Accounting is<em> internally-based accounting</em> that helps managers measure the results of their decisions. This is in contrast to financial accounting which emphasizes more general, higher-level financial results. One common managerial accounting tool is determining the <em>profit margin in each of the company's products</em>. This information helps managers set product prices and ensure that they are making appropriate profit margins.

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3 years ago