Managerial Accounting is different from Financial Accounting in that <em>c. Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions.</em>
The differences between Managerial Accounting and Financial Accounting do not arise because of Managerial accounting:
- Focuses on the organization while financial accounting focuses on projects, etc.
- Never includes non-monetary information; it includes non-monetary information than financial accounting
- Used by investors, while financial accounting is used by creditors
- Structured and controlled by GAAP.
Thus, the difference between the two is that Financial accounting is structured and controlled by GAAP and used by <em>investors and creditors</em>. Managerial accounting is not structured by GAAP and is used by <em>management</em> in decision-making.
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Answer:
$2,000 bad debt expense for the year 2019
Explanation:
As the bad debt expense is calcualted considering the sales the entire amoutn is considered bad debt expense rather and adjusting between that and the current allowance amount.
$800,000 sales x 2.5% rate = $2,000 bad debt expense
The main sections on a statement of cash flows include:
- Cash flow from operating activities.
- Cash flow from investing activities.
- Cash flow from financing activities
<h3>What is cash flow?</h3>
It should be noted that a cash flow simply means the net amount as well as the cash equivalent that is transferred in a company.
The amount of money a business earns from ongoing, routine business operations, such as producing and selling products or offering clients a service, is known as cash flow from operating activities (CFO).
It should be noted that Cash flow from operating activities, ash flow from investing activities, and the cash flow from financing activities are the important sections.
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Answer:
Depends on the time you have to invest
Explanation:
Options are when you bet on the stock to go up in a certain time period that you choose in the Option if the stock goes under before you exit you lose money if it goes up by the time you exit you earn money
Shorts are when you bet on the stock to go down using options
Options have alot of risk with them meaning if you study the company.
use nasdaq and other resources to see the rising stocks of the day/week and look into those if you are investing in a short period due to the fact those stocks are more likely to go up in a fast period of time but you should put a stop-loss on those due to the fact its likely the stock can crash at any time and you need to plan a proper exit.
Just do proper research and analyze the risk you are placing on this fictional money.
I am not a licensed Financial Advisor so use this information for discretionary purposes.
Answer:
Green Frog would be conducting an internal analysis
Explanation:
An internal analysis is an exploration of your organization’s competency, cost position and competitive viability in the marketplace. Conducting an internal analysis often incorporates measures that provide useful information about your organization’s strengths, weakness, opportunities and threats – a SWOT analysis.
The analysis to understand which resources and capabilities are likely to be sources of competitive advantage and which are less likely to sources of such advantage by Green frog is an Internal analysis which is focusing on its Strength and weakness of its firm.