Answer:
$31,670
Explanation:
Given that,
Revenue earned on account during Year 2 = $111,000
Cash collected from its receivables accounts during Year 2 = $76,000
Uncollectibles:
= 3% of its sales on account
= 0.03 × $111,000
= $3,330
Net realizable value of Miller's receivables at the end of Year 1:
= Revenue earned on account - Cash collected from its receivables accounts - Uncollectibles
= $111,000 - $76,000 - $3,330
= $31,670
The area of accounting that serves the decision-making needs of internal users is referred to as managerial accounting.
Managers use accounting data to help with decision-making, management, and the execution of their control functions. This practice is known as management accounting. In other words, managerial accounting aids in decision-making within an organization's board of directors. Cost accounting is another name for this practice. This is how data is differentiated, examined, analyzed, and imparted to managers to support the achievement of organizational objectives. The information acquired covers every area of accounting that instructs management on how to relate company activities to the organization's financial outlays and decisions. Plans are used by accountants to evaluate an organization's overall operational strategy.
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Answer:
The Department of the Treasury manages Federal finances by collecting taxes and paying bills and by managing currency, government accounts and public debt. The Department of the Treasury also enforces finance and tax laws.
Give me brainliest answer pls
$2.4 should be the price
<u>Explanation:</u>
Cost of one cookie $1.2
Production (numbers) = 180
Cost of 200 ($1.20 multiply with 180) = 216
Markup required ($216 multiply with 50%) = 108
Total Price required (216 plus 108) = 324
Actual production
= 135
Price per cookie(324 divided by 135) = $2.4
<u>
Note : </u>For finding out the cost of 200 production numbers, it is to be multiplied with the cost of one cookie. Markup is required by 50% and total price is calculated by adding the cost of 200 production cookies with markup cost.