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amm1812
3 years ago
5

Who is the Father of accounting

Business
1 answer:
vovangra [49]3 years ago
5 0

Answer:

Luca Pacioli

Luca Pacioli, was a Franciscan friar born in Borgo San Sepolcro in what is now Northern Italy in 1446 or 1447.

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3 0
3 years ago
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Which factors influence changes in consumer demand?
Lesechka [4]
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8 0
3 years ago
[The following information applies to the questions below.]
Zepler [3.9K]

Answer:

The corresponding budgets in column B from which dollar amounts are transferred directly in constructing the budgets listed in Column A are matched in the explanation below

Explanation:

1.) Budgeted Income Statement

E.) Sales Budget

2.) Budgeted Balance Sheet

D.) Payables Budget

3.) Cash Flow Budget

A.) Direct Materials Budget

4.) Cost of Goods Sold Budget

B.) Cost of Goods Sold Budget

5.) Production Budget

C.) Production Budget

5 0
3 years ago
A firm has a net profit/pretax profit ratio of .6, a leverage ratio of 1.5, a pretax profit/EBIT of .7, an asset turnover ratio
Alenkinab [10]

Answer:

The answer is A.15.12%.

Explanation:

Please find the below for explanation and calculations:

We have EBIT = Pretax profit /0.7 = Net profit / (0.6 x 0.7) = 0.42 x Net Profit

=> Net profit / Sales = Profit margin =  0.42 x EBIT/ Sales = 0.42 x Return-on-sales = 2.52%;

Leverage ratio = Asset/ Equity = 1.5;

Sales / Asset = asset turn over ratio = 4;

Apply the Dupont model we have:

Return on Equity = Leverage ratio x Profit Margin x Leverage ratio = 2.52% x 1.5 x 4 = 15.12%.

Thus, the answer is A. 15.12%.

6 0
4 years ago
A monopoly firm can sell 150 units of output for $10 per unit. Alternatively, it can sell 151 units of output for $9.98 per unit
Sliva [168]

If A monopoly firm can sell 150 units of output for $10 per unit. The marginal revenue of the 151st unit of output is $6.98.

<h3>Marginal revenue</h3>

Using this formula

Marginal revenue=(Number of units×Price per units)-(Alternate Number of units×Price per units)

Let plug in the formula

Marginal revenue=(151 units×$9.98 per units)-(150 units×$10 per units)

Marginal revenue=$1,506.98-$1,500

Marginal revenue=$6.98

Therefore the marginal revenue of the 151st unit of output is $6.98.

Learn more about marginal revenue here:brainly.com/question/10822075

3 0
2 years ago
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