Ask question

Ask question

All categories

3 years ago

10

Users who do not directly run the organization and have limited access to accounting information are known as ------------ (inte

rnal/external) users.

1 answer:

Alexandra [31]3 years ago

6 0

Answer:

External users

Explanation:

External users of accounting information do not directly run the organization and have limited access to its accounting information

You might be interested in

Calculate equilibrium price and quantity<br>Qd= 16-4P<br>Qs= 4+20P

maria [59]

Answer:

Can you tell me which grade are u in and is the question mcq or do u need to solve it?

3 0

3 years ago

Friendly's quick loans, inc., offers you $5.25 today but you must repay $6.45 when you get your paycheck in one week (or else).

LenaWriter [7]

For simplicity, we will assume 52 weeks in a year (instead of 365 days).
The rate of interest per week actually charged is
$6.45/5.25-1$
$=1.2285714-1$
$=0.22857142857$
$=22.85714%$

Effective Annual Rate (EAR) is obtained by <em>compounding</em> the weekly rate for one year (52 weeks)
$EAR=(1+i)^n-1$
$=(1+.228571428571428)^52-1$
$=44546.2997$
=4454629.97%
note: most calculators may not display this value with sufficient accuracy.

The corresponding APR is obtained by <em>multiplying</em> the weekly rate by 52
$APR=52*(6.45/5.25-1)$
$=52(6.45/5.25-1)$
$=11.885714$
=1188.57%

8 0

3 years ago

Last year Oliver Inc had a total assets turnover of 1.60 and an equity multiplier of 1.85. Its sales were $200,000 and its net i

schepotkina [342]

Answer:

7.4%

Explanation:

As we know that

ROE = Profit margin × Total asset turnover × Equity multiplier

where,

Profit margin = (Net income ÷ Sales) × 100

= ($10,000 ÷ $200,000) × 100

= 5%

So, the ROE would be

= 5% × 1.60 × 1.85

= 14.8%

Now if the net income is increased by $5,000

So, the updated profit margin would be

= (Net income ÷ Sales) × 100

= ($15,000 ÷ $200,000) × 100

= 7.5%

And updated ROE would be

= 7.5% × 1.60 × 1.85

= 22.2%

So, the change in ROE would be

= 22.2% - 14.8%

= 7.4%

4 0

4 years ago

The primary benefit of a MINIMAX objective function is

sladkih [1.3K]

Answer:

The correct answer is letter "C": it yields a larger variety of solutions than generally available using an LP method.

Explanation:

In Goal Programming (GP), the MINIMAX objective aims to minimize the maximum deviation from any type of objective. This approach carries a larger number of solutions compared to the Linear Programming (LP) method which mainly focuses on assigning more weight to each goal in the objective function.

4 0

4 years ago

Sales promotion is the promotional tool that stimulates consumer purchasing and dealer interest by means of short-term activitie

Harman [31]

Answer:

a. True

Explanation:

Sales promotion is the marketing strategy in which the product is being promoted via using short term & attractive initiatives in order to stimulate the demand so that the sales could be increased. It could be used for introducing a new product in the market, selling out the existing inventory, for attracting more customers, etc

Therefore as per the given statement, the option a is correct

4 0

3 years ago