Complete Question:
Measures defined by management and used to internally evaluate the success of a firm's financial, business process, customer, and learning and growth are called
A. parameters.
B. the balanced scorecard method.
C. BPM.
D. KPIs.
E. benchmarks.
Answer:
D. KPIs.
Explanation:
Measures defined by management and used to internally evaluate the success of a firm's financial, business process, customer, and learning and growth are called KPIs.
KPIs is simply an acronym for key performance indicators.
True this is to avoid safety hazards
Answer:
Skysong Corporation
Statement of Retained Earnings
Retained earnings balance January 1, 2020 $691,300
Add:
Adjustments to 2019 Income Statement $88,390
Net profits 2020 $1,552,100
Less:
<u>Dividends declared and distributed ($82,000) </u>
Retained earnings balance December 31, 2020 $2,249,790
Since the land purchase was recorded as maintenance expense by error, the 2019 income statement must be adjusted by adding that amount.
Answer: $412,600
Explanation:
AFN = Increase in assets - Increase in Liabilities - Addition to Retained Earnings
Increase in Assets
= 5,000,000 * 15%
= $750,000
Increase in Liabilities
Only use Accruals and Accounts Payable
= (450,000 + 450,000) * 15%
= $135,000
Additional to Retained Earnings
= After tax Profit
= 9,200,000 * 4%
= $368,000
Addition to retained earnings = 368,000 * ( 1 - payout ratio)
= 368,000 * ( 1 - 45%)
= $202,400
Additional Funds Needed (AFN) = 750,000 - 135,000 - 202,400
= $412,600
