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3 years ago

Which account would be most likely to have an account balance that is not normal?

Business

1 answer:

kakasveta [241]3 years ago

5 0

Answer:

The "normal" status of an account is due to the implicitly of the formula:

<em>assets = liabilities + equity.</em>

The allowance for doubtful accounts is a contra account to accounts receivable,
Accumulated depreciation is a reduction of fixed assets,
And dividends are a reduction of equity

The accounts above are called "contra asset" accounts meaning that: is a negative asset account that offsets the asset account with which it is paired.

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Describe how the IRR is calculated, and describe the information this measure provides about a sequence of cash fl ows. What is

sineoko [7]

Answer:

The Internal Rate of Return is the discount rate that discounts a series of cashflows such that the Net Present Value becomes zero.

It is calculated in the same way the NPV is calculated which is to subtract the discounted cash outflows from the discounted cash inflows but this time it will be the subject of the equation which will be equated to zero.

Formula therefore is;

$\frac{Cf_{1} }{(1 + IRR_{1} )} + \frac{Cf_{2}}{(1 + IRR_{2} )^{2} } + \frac{Cf_{n} }{(1 + IRR_{n} )^{n} } - Cf_{0} = 0$

Excel worksheets, financial calculators and solving the equation can all be used to find IRR.

The higher the IRR, the better for a project because it means that the project has high cash inflows that would take a higher rate to discount to zero.

The decision rule is the pick a project that has a higher IRR than the firm's Required rate of return because it means that the NPV will be more than zero.

5 0

3 years ago

Which of the following organizations would be most affected by the bullwhip effect?

MissTica

In bullwhip effect , demand variability increases as one move up the supply chain away form the retail customer. The variability will increase as it move to the higher up.
An example of an organization that would be affected by this is : A coffee bean farm.

6 0

4 years ago

Boston Company manufactures pipes and applies manufacturing overhead costs to production using a budgeted predetermined overhead

lianna [129]

Answer:

Actual overhead= $37,000

Explanation:

Giving the following information:

Boston Company manufactures pipes and applies manufacturing overhead costs to production using a budgeted predetermined overhead rate of $18 per direct labor-hour.

Allocated overhead= $18*3600= $64,800

Actual overhead:

Indirect labor $9,000

Plant facility rent $20,000

Depreciation on plant machinery $8,000

Total= $37,000

5 0

3 years ago

Stimulating demand is especially important when a firm is using a pull strategy.

Klio2033 [76]

I will assume this is a true or false question, the answer is true. Stimulate demand implies make or upgrade request. Request brings about monetary action, so you empower request to animate the economy. I hope the answer will help you..

8 0

3 years ago

Zahn Industries uses process costing system. During October, the finishing department had 30,000 units in beginning work-in-proc

disa [49]

Answer:

The equivalent units of production for materials and conversion costs are 98,000 units each

Explanation:

For computing the equivalent units of production for materials and conversion costs first, we have to compute the units started and completed units which is shown below:

= Beginning work-in-process inventory units + transferred units - ending work-in-process inventory units

= 30,000 units + 95,000 units - 45,000 units

= 80,000 units

Now the equivalent units of production would be

For material costs:

= (Units started and completed units × completed percentage) + (ending inventory units × completed percentage)

= (80,000 units × 100%) + (45,000 units × 40%)

= 80,000 units + 18,000 units

= 98,000 units

For conversion costs:

= (Units started and completed units × completed percentage) + (ending inventory units × completed percentage)

= (80,000 units × 100%) + (45,000 units × 40%)

= 80,000 units + 18,000 units

= 98,000 units

5 0

3 years ago