All categories

3 years ago

EA4.

Business

1 answer:

Anton [14]3 years ago

5 0

Answer:

Please see Explanation

Explanation:

Management

Managers are not included in this list of users by the IASB Framework, because management should have access to all the financial information they need, and in much more detail than financial statements provide. However, management is responsible for producing the financial statements and might be interested in the information they contain.

Employees

Employees need information about the financial stability and profitability of their employer. An assessment of profitability can help employees to reach a view on the ability of the employer to pay higher wages, or provide more job opportunities in the future.

Investors

Investors in a business entity are the providers of risk capital. Unless they are managers as well as owners, they invest in order to obtain a financial return on their investment. They need information that will help them to make investment decisions.

Creditors

Financial information about an entity is also useful for suppliers who provide goods on credit to a business entity, and ‘other trade creditors’ who are owed money by the entity as a result of debts incurred in its business operations (such as money owned for rent or electricity or telephone charges). They can use the financial statements to assess how much credit they might safely allow to the entity.

Customers

Customers might be interested in the financial strength of an entity, especially if they rely on that entity for the long-term supply of key goods or services.

Tax authorities

The tax authorities use the information in the financial statement for the purpose of business regulation or deciding taxation policies.

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The four people below have the following investments. Invested Amount Interest Rate Compounding Jerry $ 11,400 12% Quarterly Ela

Vinvika [58]

Jerry's future value is $24,978.80

Elaine future value is 19,352.40

George future value is 31,443.62

Kramer future value is 28,022.87

Kramer has the greatest investment accumulation because he earned the highest interest.

<h3>What are the future values?</h3>

The formula for calculating future value:

FV = P (1 + r)^nm

FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years

Jerry : 11,400 x ( 1 + 0.12/4)^(4 x 5) = 24,978.80

Elaine : 14,400 x (1 + 0.06/2)^(2 x 5) = 19,352.40

George: 21,400 x (1.08)^5 = 31,443.62

Kramer : 17,400 x (1.10)^5 = 28,022.87

To learn more about future value, please check: brainly.com/question/18760477

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3 0

2 years ago

To ensure that a lead is actually a prospect, the salesperson must _________________ the lead. Group of answer choices Qualify Q

Nezavi [6.7K]

Answer:

be sure

Explanation:

6 0

4 years ago

Piere Imports uses the perpetual system in accounting for merchandise inventory and had the following transactionsduring the mon

frozen [14]

Answer:

<u>If records invoices at gross amounts</u>

October 2th

inventory 3,000 debit

A/P 3,000 credit

October 2nd

A/P 500 debit

inventory 500 credit

October 17th

inventory 5,400 debit

A/P 5,400 credit

October 26th

A/P 5,400 debit

Inventory 108 credit

cash 5,292 credit

October 31th

A/P 2,500 debit

Cash 2,500 credit

<u>If records invoices at nets amounts</u>

October 2th

inventory 2,940 debit

A/P 2,940 credit

October 2nd

A/P 490 debit

inventory 490 credit

October 17th

inventory 5,292 debit

A/P 5,292 credit

October 26th

A/P 5,292 debit

cash 5,292 credit

October 31th

A/P 2,490 debit

Inventory 10 debit

Cash 2,500 credit

Explanation:

gross amount: we use the invoice nominal

net amount: we use the net nominal

October 2nd net:

3,000 x (1-2%) = 2,940

returns net: 500 x ( 1 - 2%) = 490

October 16th invoice net:

5,400 x ( 1 - 2%) = 5,292

october 31th

october 2th invoice balance:

2,940 - 490 = 2,450

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4 years ago

Based on the specificity and reversibility principle, training during the off-season should?

likoan [24]

Answer:

Off-season training should be focused on building general strength and conditioning in activities that are similar to the sport an athlete. According to the principle of specificity and reversibility, specificity states that the change in physical nature of the body is in line with the training type performed. Reversibility explains how an athlete can lose the effects gained from training from he stops training. Thus to stay fit, off-season training must concentrate on exercises that keeps the body in shape for the same type of sports.

Explanation:

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4 years ago

What two steps can a project manager take to overcome the planning fallacy?

Lemur [1.5K]

Two steps that a project manager should take to overcome the planning fallacy are:

A) Meet with teammates to uncover potential risks.

C) Consider all risks and carefully examine them.

The planning fallacy is a phenomenon in which predictions about how an awful lot of time might be wished to finish a future task show an optimistic bias and underestimate the time needed.

commonly, participants in those research show off the making plan fallacy. As an example, college college students are generally renowned that they've commonly completed beyond assignments very close to their deadlines, yet they insist that they will end the following undertaking well in advance of the brand new cut-off date.

The making plans fallacy refers to a prediction phenomenon, all too familiar to many, wherein humans underestimate the time it'll take to finish a future task, in spite of the information that previous responsibilities have commonly taken longer than planned.

<em>The question is incomplete. Please read below to find the missing content.</em>

<em />

What two steps can a project manager take to overcome the planning fallacy?

A)Meet with teammates to uncover potential risks.

B)Expand the project’s scope.

C)Consider all risks and carefully examine them.

D)Increase the project’s budget.

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2 years ago