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victus00 [196]
3 years ago
10

Internal users of accounting information include all of the following except A. investors. B. company officers. C. marketing man

agers. D. production supervisors.
Business
1 answer:
torisob [31]3 years ago
5 0

Answer:

A. investors

Explanation:

Essentially there are two users who need the accounting information

1. External users: External users are users outside the enterprise. It includes suppliers, clients, government agencies, investors, financial institutions, etc

2. Internal users: The users within the business entity are the internal users. It includes proprietors, employees, managers, supervisors, etc

Thus accounting information is required for all users

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Suppose a flood changes the production capacity in a country. How would you represent this situation with a production possibili
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Explanation:

The flood will lead to the destruction of the resources in the country.This will result in the shifting of the PPC curve leftward in the economy.

Earlier PPC is represented by PP curve.After the floods and destruction of resources,the curve shifts to P1P1.It is due to the availability of the number of possible combinations which decreases with the destruction of resources.

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The balance in retained earnings on December 31, 2017, was $1435000 and on December 31, 2018, it was $1160000. Net income for 20
Inessa [10]

Answer:

b. $556,000.

Explanation:

Retained Earning is an account where all the earnings of the company accumulate and dividend is also paid from this account because it represents the amount the earning associated with the stockholders of the company.

December 31, 2018 Balance of Retained Earning = December 31, 2017 Balance of Retained Earning + Income for the year - Dividend Paid / Declared during the year.

$1,164,000 = $1,440,000  + $1,000,000 - Dividend Paid / Declared during the year.

$1,164,000 = $2,440,000 - Dividend Paid / Declared during the year.

Dividend Paid / Declared during the year = $2,440,000 - $1,164,000

Dividend Paid / Declared during the year = $1,276,000

Stock Dividend Paid - $500,000 + $220,000 = $720,000

Cash Dividend Paid = $1,276,000 - $720,000 = $556,000

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