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3 years ago

Senior management uses finance and accounting information systems to

1 answer:

6 0

<span>Senior management uses finance and accounting information systems to plan long-term profit.
Every manager wants to make a profit, and if it is long-term, even better. These kinds of systems can actually make that happen, which is why senior managers use it often.
</span>

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The answer for number 1, and 2 please

crimeas [40]

Answer:

where's the picture I cant find it

8 0

3 years ago

Read 2 more answers

Choose the correct statement. A. Income tax creates a deadweight loss in the markets for capital and labor. B. Income tax is a t

mixer [17]

Answer:

The correct answer is option A.

Explanation:

Income tax is a tax imposed by the government on the income earned by the individuals. This income can be from capital and labor. It creates a deadweight loss in the market for labor and capital.

Deadweight loss is the loss to economic efficiency and production caused by a tax. The imposition of a tax creates a tax wedge, this tax wedge leads to a deadweight loss. Deadweight loss due to income tax is the loss of purchasing power or reductions standard of living due to tax.

The inefficiency or tax burden depends upon the elasticities of demand and supply. Whoever has the least elasticity will share most of the tax burden.

7 0

3 years ago

The main expense of a merchandiser is usually ________.

olya-2409 [2.1K]

The answer that will fill in the blank is cost of goods sold because the merchandiser’s main expense is the cost that they receive in goods that they have sold to the consumers. The merchandiser is the one responsible of ensuring products are placed and are properly organized in the store.

7 0

2 years ago

(Yield to maturity) The market price is $725 for a 16-year bond ($1 comma 000 par value) that pays 9 percent annual inter

wlad13 [49]

Answer:

13.16%

Explanation:

In this question we use the RATE formula i.e shown in the attached spreadsheet

Given that,

Present value = $725

Assuming figure - Future value or Face value = $1,000

PMT = 1,000 × 9% ÷ 2 = $45

NPER = 16 years × 2 = 32 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the yield to maturity is 6.58% × 2 = 13.16%

6 0

3 years ago

Cynthia, a sole proprietor, was engaged in a service business and reported her income on the cash basis. On February 1, 2013, sh

Sunny_sXe [5.5K]

Answer:

<h3>Cynthia and Dove Corporation</h3>

Any profits generated by Dove Corporation will be taxed to the corporation and also taxed to Cynthia as a shareholder whenever Dove distributes the profits as dividends. Taxing Dove and Cynthia creates a double taxation burden for both Dove and Cynthia. Dove Corporation does not get a tax deduction when it distributes dividends to Cynthia. Furthermore, Cynthia cannot deduct any corporation loss when incurred. These are unlike when the business was only a sole proprietorship.

Explanation:

a) Data and Calculations:

Dove Corporation

Balance Sheet

February 1, 2013

Assets

Basis to Dove Fair Market Value

Cash $ 80,000 $ 80,000

Accounts receivable 0 240,000

Equipment (cost $180,000; 120,000 320,000

depreciation previously claimed $60,000)

Building (straight-line depreciation) 160,000 400,000

Land 40,000 160,000

Total $400,000 $1,200,000

Liabilities and Stockholders' Equity

Liabilities:

Accounts payable—trade $ 120,000

Notes payable—bank 360,000

Stockholders' equity:

Common stock 720,000

Total $1,200,000

4 0

2 years ago