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frutty [35]
3 years ago
12

A firm’s management analyzes financial statement’s so that: a. they can get feedback on their investing, financing, and working

capital decisions by identifying trends in the various accounts that are reported in the financial statements. b. similar to shareholders, they can focus on profitability, dividend, capital appreciation, and return on investment. c. they can get more stock options. d. a and b.
Business
1 answer:
Zepler [3.9K]3 years ago
7 0

Answer:

d. a and b

Explanation:

A firm’s management analyzes financial statement’s so that:

Evaluating company's performance, by analyzing the financial statements in respect of various areas of financing, investing and operating activities, and then comparing the performance with past records and industries of same category.

Further the firm's management is responsible to take decision of dividend, and return to be paid to equity and various other stakeholders, thus both options a and b are correct.

Correct answer

d. a and b

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If the owner of a concert hall wishes to use third-degree price discrimination to price its tickets at $20, $15, and $10, it sho
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Answer: more elastic in their demand for tickets

Explanation:

Third-degree price discrimination is used by company when different price is being charged to a particular group of consumers.

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3 0
3 years ago
Cherokee Manufacturing Company established the following standard price and cost data: Sales price $ 12.00 per unit Variable man
blagie [28]

Answer:

<u>Pro forma income statement in contribution format</u>

Sales ( 2,200 units × $ 12.00)                                        26,400

Less Variable Costs :

Variable manufacturing cost ( 2,200 units × $ 7.20)   (15,840)

Contribution                                                                    10,560

Less Expenses :

Fixed manufacturing cost                                              (3,600)

Fixed selling and administrative cost                            (1,200)

Net Income                                                                      5,760

Explanation:

A flexed budget shows the Budgeted Costs and Revenues at Actual level of production rather than the Budgeted level of production.

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