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musickatia [10]
3 years ago
7

What is responsibility accounting perspective?

Business
2 answers:
aalyn [17]3 years ago
3 0

Answer:

Responsibility accounting involves the separate reporting of revenues and expenses for each responsibility center in a business. Doing so improves the management of operations.

wariber [46]3 years ago
3 0

Answer:

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  • The term responsibility accounting refers to an accounting system that collects, summarizes, and reports accounting data relating to the responsibilities of individual managers.

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Tonya put $250 into an account three years ago. the first year he earned 6 percent interest, the second year 7 percent, and the
Elina [12.6K]

$287.64

Calculate the interest for each year, then add it to the principal for the next year.

Year 1: 250 * .06 = 15

New balance 250+15 = 265

Year 2: 265 * .07 = 18.55

New Balance 265+ 18.55 = 283.55

Year 3: 283.55 * .08 = 22.68

New Balance 265+ 22.68 =287.64

8 0
3 years ago
McKean Corporation authorized 500,000 shares of common stock in its articles of incorporation. On May 1, 2019, 100,000 shares we
Solnce55 [7]

Answer:

100,000 shares and 80,000 shares

Explanation:

Calculation to determine how many shares were issued and outstanding, respectively

The shares that were issued will be 100,000 shares that were sold to the company's founders while the shares outstanding will be 80,000 shares Calculated as :

Shares outstanding=Shares issued -Shares repurchased

Shares outstanding=100,000 shares-80,000 shares

Shares outstanding =80,000 shares

Therefore the Number of shares that were issued and outstanding, respectively are:100,000 shares and 80,000 shares

6 0
3 years ago
gvWegmans Bakery produces cheese cake for sale. The bakery which operates 5 days per week and 52 weeks per year can produce cake
Nana76 [90]

Answer:

(a) the optimal production run quantity (Q) = 633

(b) the total annual inventory cost (AHC AOC)  = $ 3,162.28

(c) the optimal number of production runs per year = 7

(d) The run length (production run time) = 16 days

Explanation:

(a) the optimal production run quantity (Q).

optimal production run quantity = √(2×Annual Demand×Setup Costs) / Holding Costs

                                                      = √(2×4000×$250)/ $5

                                                      = 633

(b) the total annual inventory cost (AHC AOC).

total annual inventory cost = Setup Costs + Holding Costs

                                            = 4,000/633×$250+633/2×$5

                                            = $1,579.78+$1,582.50

                                            = $ 3,162.28

(c) the optimal number of production runs per year.

number of production runs per year = Total Demand / optimal production run quantity

                                                            = 4,000/633

                                                            = 7

(d) The run length (production run time).

production run time = optimal production run quantity / produce

                                 = 633 / 40 cakes

                                 = 16 days

8 0
4 years ago
In a long-run equilibrium, A. only a perfectly competitive firm operates at its efficient scale. B. both a perfectly competitive
BigorU [14]

Answer:

In a long-run equilibrium - only a perfectly competitive firm operates at its efficient scale - option A is the correct answer.

Explanation:

In the long-run equilibrium, only a perfectly competitive firm that operates at its efficient scale and a monopolistically competitive firm sets off with overabundant capacity.

Therefore, in a long-run equilibrium - only a perfectly competitive firm operates at its efficient scale - option A is the correct answer.

7 0
4 years ago
The two-stage dividend growth model evaluates the current price of a stock based on the assumption a stock will:
coldgirl [10]
ANSWER IS B hope this helps .
6 0
3 years ago
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