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3 years ago

What is the benefit of the responsibility accounting system?

1 answer:

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Responsibility accounting is a system of which the persons in the supervisory capacity such as the President, Departmental head, foremen ect. are given a routine report showing the performance of the company, department, or section as the case may be.

The report will show the data relating to the operational results of the area and the items of which he is responsible for controlling.

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C. calculate the dollar value of us bonds held by the chinese government. explain how you determined your answer. identify the r

saw5 [17]

Answer:

The Chinese government holds $200 of U.S. bonds.

Explanation:

LThe Chinese government holds $200 of U.S. bonds. This is so because of payments must the same to each other and since the U.S spent a total of $2,100 and the Chinese as we can see also spent a total of $1,900 with the bonds not been included, getting the difference between them American and Chinese bond ($2,100-$1,900) which is $200.Financial Account for U.S =$200 and the Financial Account for Japan=$800 For the U.S., it is more money coming in than out so it has a $600 Financial account Surplus. China has a $600 outflow or money going out, for this reason China will be the one having a deficit in its financial account.

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3 years ago

Read 2 more answers

Ivanhoe Corporation has fixed costs of $412,800. It has a unit selling price of $4, unit variable cost of $2.40, and a target ne

saul85 [17]

Answer:

Break-even point in units= 1,064,250

Explanation:

Giving the following information:

Fixed costs= $412,800

Unitary variable cost= $2.4

Selling price= $4

Desired income= $1,290,000

<u>To calculate the sales in units required, we need to use the following formula:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (412,800 + 1,290,000) / (4 - 2.4)

Break-even point in units= 1,064,250

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3 years ago

Why is it important that an employer ensures that employees set personal and career goals?

pishuonlain [190]

Explanation:

To motivate and set task engagements by doing this it set strong goals boost performance by motivating people to push harder.

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3 years ago

For each of these situations, determine the savings amount. Use the time value of money tables inChapter 1 (Exhibit 1–3) or in t

FromTheMoon [43]

Answer:

a. What would be the value of a savings account started with $700, earning 4 percent (compounded annually) after 10 years?

$700 * 1.480 = $1,036.00

b. Brenda Young desires to have $15,000 eight years from now for her daughter’s college fund. If she will earn 6 percent (compounded annually) on her money, what amount should she deposit now? Use the present value of a single amount calculation.

$15,000 * 0.627 = $9,405

c. What amount would you have if you deposited $1,800 a year for 30 years at 8 percent (compounded annually)?

$1,800 * 113.28 = $203,904

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3 years ago

According to the Securities Act of 1933, an individual who participates in the original distribution of securities by selling su

mamaluj [8]

Answer:

D. underwriter

Explanation:

Based on the information provided within the question it can be said that the individual being described in the question is called an underwriter. Like mentioned in the question this is an individual who guarantees sale of securities and accept the financial risk of liability arising from the guarantee on behalf of the issuer of the securities in question.

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3 years ago