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Mkey [24]
3 years ago
9

Managerial accounting is affected any time money either leaves or comes into the company.

Business
1 answer:
coldgirl [10]3 years ago
6 0
The answer is a, true.
You might be interested in
Lynette received her bank statement for the month and she is now comparing it with the transactions that she logged in her check
Svetradugi [14.3K]

Answer:

C. Bank interest payment

Explanation:

Lynette will not compute the interests earned on his amount in his checkbook.

A banking fee will reduce the amount in the statement to the checkbook

A penalty exceeding transaction limit will also reduce the amount in the statement to the checkbook

ATM withdrawal not logged in the checkbook could also increase the check book figure and reduce the bank statement instead.

Thus the answer is C. Bank interest payment.

7 0
3 years ago
Multi-market competition occurs when two or more diversified firms:
azamat

Answer:

The correct answer is letter "D": simultaneously compete against each other in the same product areas geographic markets.

Explanation:

Multi-market competition happens when companies offering a similar product make contact in multiple markets. The level o competition shapes according to the region where the goods or services are being offered and in different markets, different consumers decide which company is taken as the preferred.

Though, the constant contact of competitors in different regions could decrease their competition since they might use their mutual help in adverse areas to be able to conduct their businesses.

3 0
4 years ago
Why is efficiency an important economic goal?
Nookie1986 [14]

Explanation:

Efficiency reduces hunger and malnutrition because goods are transported farther and quicker. Also, advances in efficiency allow greater productivity in a shorter amount of time. Efficiency is an important attribute because all inputs are scarce.

3 0
3 years ago
Ingraham Inc. currently has $820,000 in accounts receivable, and its days sales outstanding (DSO) is 54 days. It wants to reduce
Oksanka [162]

Answer: 451759.29

Explanation:

To solve the question, we need to calculate the current sales. This will be calculated by using the formula:

DSO = (Account receivable × 365) / Sales

54 = 820000 × 365 / Sales

Sales = 820000 × 365 / 54

Sales = 5542593

After the new policy, the expected sales will be:

= 5542593 × (1 - 15%)

= 5542593 × (1 - 0.15)

= 5542593 × 0.85

= 4711204.5

The level of accounts receivable following the change will be:

DSO = (Account receivable × 365) / Sales

35 = Account receivable × 365 / 4711204.5

Account receivable = 35 × 4711204.5 / 365

Account receivable = 451759.29

8 0
3 years ago
Marquis Company estimates that annual manufacturing overhead costs will be $900,000. Estimated annual operating activity bases a
inessss [21]

Answer:

$18.00

Explanation:

Overhead rate = Estimated Overheads ÷ Estimated Activity

                        = $900,000 ÷ 50,000

                        = $18.00

Therefore,

Overhead rate per direct labor hour is $18.00

6 0
3 years ago
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