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marusya05 [52]
3 years ago
9

In her work as an accountant, Sandra Garcia recognizes that for every transaction that affects an asset, an equal transaction mu

st also affect either a liability or owners' equity. Sandra is using ________ bookkeeping
A) double profit
B) double entry
C) bottom line
D) triple entry
E) dividend
Business
1 answer:
adell [148]3 years ago
5 0

Answer:

Correct option is (B)

Explanation:

In accounting, double entry book keeping is followed as every financial transaction has dual effect on the books of accounts. It starts with the accounting equation which stated:

Assets = Liabilities + Stockholder's Equity

If there is an increase in assets, there has to be a subsequent increase in either liability or stockholder's equity.

Every transaction is debited in one account and credited in some other account.

For example Depreciation for the year is $2,000. Depreciation expense account is debited by $2,000 and accumulated depreciation account is credited by $2,000.

Since Sandra recognizes that an effect on asset will have a simultaneous effect on either liability or equity, she is following double entry bookkeeping.

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The weighted average cost of capital for a company is least dependent upon the:_______. A) company's beta. B) coupon rate of the
vlada-n [284]

Answer:

E) standard deviation of the company's common stock

Explanation:

The weighted average cost of capital (WACC) is dependent on cost of equity and cost of debt. Cost of Equity depends on company's beta (CAPM Model), growth rate of dividends (constant growth dividend discount model), so option A and C are not the answer. Cost of debt depends on coupon rate (for yield) as well as marginal tax rate (for post tax cost of debt) so option B and D are incorrect. So, answer is E. Standard deviation is the least probable factor that may cause change in WACC.

4 0
3 years ago
Aspen Integrated Marketing used to have a strict hierarchical structure, with information given only to those who required it. T
Brums [2.3K]

Answer:

open-book management or it can also be called a boundaryless organization.

Explanation:

Open-book management

This is simply the act of sharing with employees at all levels of an organization some vital information that is somehow or previously meant for too management staff only. It also involves opening a company's financial statements to all employees and giving them the education that will enable them to understand how the company makes money and how their actions affect its success and bottom line.

Boundaryless organization

This is simply known as a form of organization structure in which there are no barriers to information flow. Boundaryless designs include barrier-free, modular and virtual organizations. An organization without barriers has permeable internal and external boundaries and requires higher level of trust and shared interests, a shift in philosophy from executive development to organizational development, greater use of teams etc.

4 0
2 years ago
You work for a company that always pushes the envelope with respect to reporting revenues and expenses. You often disagree with
Artemon [7]

Answer:

Ethical Dissonance

Explanation:

Ethical Dissonance refers to a  divide between an individual desired moral identity and the  benefit they derive from acting against such ethical codes, conducts, beliefs or values.

The culture of the company is not in alignment with the my ethical codes', because its approach to reporting  amounts cannot be justified from a GAAP perspective, the ethical issues of concern is Ethical Dissonance

7 0
3 years ago
Which of the following is an common factor of failure for small businesses
Alex777 [14]

A few of the following can be considered major factors in failure of small businesses:

-Lack of financial planning: when a business is born it needs to critically plan out the first few years of running. Small business often fail to plan out for the future and have less working capital at hand.

-Lack of expertise: small business cannot afford specialist managers and this may be a reason for failure

-no investment in marketing and research can also be a reason.


6 0
3 years ago
Cruise Company produces a part that is used in the manufacture of one of its products. The unit manufacturing costs of this​ par
s344n2d4d5 [400]

Answer:

Maximum price= $11.9

Explanation:

Giving the following information:

Assuming a production level of 6,300 ​units:

Direct materials $ 4.20

Direct labor $ 4.30

Variable manufacturing overhead $ 3.40

The fixed overhead costs are unavoidable

Because the fixed overhead costs are unavoidable, we will concentrate on the variable costs.

The maximum price would be the total variable cost:

Total variable cost= 4.2 + 4.3 + 3.4= $11.9

Maximum price= $11.9

4 0
3 years ago
Read 2 more answers
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