That sounds about right for accounting anyway
Answer:
The answer is given below.
Explanation:
A) - In the following case, the stakeholders seem to be the chairman of that company, the Controller of that company. The Stockholders as well as all the other group that has an interest in the organization's balance sheet, including an investment manager or even a banker seeking to give cash.
B) - Yes, the appeal of the chairman raises the legal issues for such a manager. Due to confusing income reports as suggested by the chairman, the operator poses a moral issue. In the viewpoint, for safeguard the interests of big business and not to confuse customers by representing wrong net profits, the manager will be guided. Required to disclose correct net profit that, on effect, influences their rate of growth ratio. Aggregate-income growth gives a clear view of the pace where the businesses also raised their earnings. All others remaining identical, shares having stronger net profit rates of growth are much more attractive as compared to others.
C) - Yes, of course, the manager will be worried about the rate of growth of that company due to the rate of growth that should be focused upon rational as well as reliable income reports. The manager does not file income reports for the chairman's goal of meeting or retaining the defined rate of growth. The following inflation rate would be focused upon operational and financial performance, not on some distorted financial reporting.
Answer:
C) minimize its weighted average cost of capital (WACC).
Explanation:
The weighted average cost of capital (WACC) is determined by multiplying the different costs of capital by their relative weight (proportional to the company's total capital structure). You must include all the sources of capital in order to calculate the WACC, e.g. common stock, bonds, bank loans, preferred stock and other long term debts.
The lower the WACC, the lower the discount rate for the company's cash flows.
If She makes an average of $200 per week and her parents send her a monthly allowance of $100. Her net income is $113.
<h3> Income Statement </h3>
Marsha’s Income Statement for the current month
Income $900
[($200 per week×4 weeks)+$100]
Total Income $900
Expenses:
Cell phone $62.00
Gas, $100.00
Food $200.00
Entertainment $100.00
Car payment $200.00
Insurance $125.00
Total expenses $787
Net income $113
($900-$787)
Therefore her net income is $113.
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Answer:
Please refer the reason in detail below
Explanation:
For state and local government entities, additional standards are promulgated by the Governmental Accounting Standards Board ("GASB") and for the federal government, additional standards are promulgated by the Federal Accounting Standards Advisory Board ("FASAB").
GASB considers budgetary comparisons as an important part of the basic financial statements and financial reporting and therefore include budgetary comparisons in their concept statements