It would help keep the person organized
Answer:
d. independent auditor s report
Explanation:
In evaluating companies across industries, financial managers will often read the independent auditors report as a means of interpreting the statements correctly.
The audit report usually tells stakeholders and the public if the financial statements have been prepared free from 'fraud and error' and if the growth of the company has been as a result of trading or from other sources of income. By so doing financial managers are able to exclude such extra ordinary items and compare trading and/or operational profits of different companies
Answer:
a. Break-even point in sales units = 350,000 units
b. Break- even point in sales units to achieve a target profit of $400,000 = 430,000 units
Explanation:
a. Break-even point in sales units = Fixed cost ÷ Contribution margin per unit
= $1,750,000 ÷ $5
= 350,000 units
Working note:- Contribution margin = $15 - $10 = $5
b. Break- even point in sales units to achieve a target profit of $400,000 = fixed cost + Targeted profit ÷ Contribution margin per unit
= $1,750,000 + $400,000 ÷ $5
= $2,150,000 ÷ $5
= 430,000 units
The answer to the statement above is TRUE, A person selecting a bank will consider how secure his return is to safely put his investments in. All investments are important and it involves certain degrees of risk as to where you'll gonna put it.