Answer:
As a result of operations, there will be an understatement of McGinnis’ net income for the most recent fiscal year of 30900
Explanation:
Services 40900
Weekly wage 10000
FY end on June 30900
The cash basis is a method of recording accounting transactions for revenue and expenses only when the corresponding cash is received or payments are made. Thus, you record revenue only when a customer pays for a billed product or service, and you record a payable only when it is paid by the company
The activities in an organization, who gives all of the costs and restocks all the products they sell by the amount of consumption any specific product has
Answer:
Semi strong form of market efficiency
Explanation:
Semi strong form of market efficiency holds the belief that security prices quickly adjust to reflect new information as it has accommodated public and available and private market information , as a result of which the need for deeper analysis of stock before investment might not be required.
As it is already known that a green suit on the CFO signifies a potential positive information about the company, making use of this private information towards investment is in line with the Semi strong form of market efficiency .
a. 50 cents
Contribution margin per unit is price per unit- variable cost per unit
1.75 - ($50,000/40,000 units)
1.75 - 1.25 = $ .50
b. $8750
Margin of safety is the expected sales - break even sales
(45,000 units * $1.75 per unit) - (40,000 *1.75)
78,750 - 70,000 = $8750
Top-down security analysis includes economic, industry, and company analysis.
<h3>What is Top-down security analysis?</h3>
- Viewing the big picture in relation to the sectors or industries where investors wish to make investments is the goal of the top-down analysis.
- For the purpose of making the ultimate investing decision, detailed information and financial statements are examined after the selection of stocks and sectors.
- Top-down investing is a method of investment analysis that prioritizes evaluating macroeconomic issues like GDP, employment, taxation, and interest rates before focusing on microeconomic aspects like particular industries or businesses.
- The top-down strategy is simpler for novice investors and for those who lack the time to review a company's financials. Even in bear markets, bottom-up investing can assist investors in selecting high-performing stocks.
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