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3 years ago

13

A branch of accounting that generates reports and information for the use of internal management for decision making purpose is

known as?

1 answer:

earnstyle [38]3 years ago

8 0

Answer:

financial accounting and management accounting

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Colin Powell sees leadership as the ability to solve problems. <br> O True <br> O False

mash [69]

Answer:

true

Explanation: Leadership is solving problems.

5 0

3 years ago

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An increase in a firm's tax rate will__________ if the firm has debt capital in its capital structure:

Temka [501]

Answer:

d. decrease the firm's WACC.

Explanation:

As per WACC formula

WACC = ( Weight of Common Equity x Cost of Common Equity ) + ( Weight of Common Debt x Cost of Common Debt x ( 1 - Tax rate ) ) + ( Weight of Preferred Equity x Cost of Preferred Equity )

By assuming the values to prove the answer

Weights

Common equity = 55%

Preferred Equity = 15%

Debt = 30%

Costs

Common equity = 15%

Preferred Equity = 8%

Debt = 12%

Tax rate is 15%

Placing values in the formula

WACC = ( 55% x 15% ) + ( 30% x 12% x ( 1 - 15% ) ) + ( 15% x 8% )

WACC = 8.25% + 3.06% + 1.2% = 12.51%

Keeping others values constant, Now increase the Tax rate to 25% and placing vlaues in the formula

WACC = ( 55% x 15% ) + ( 30% x 12% x ( 1 - 25% ) ) + ( 15% x 8% )

WACC = 8.25% + 2.7 + 1.2% = 12.15%

Hence the WACC is decreased from 12.51% to 12.15% when the tax rate is increased from 15% to 25% keeping other values constant.

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3 years ago

Fitness Bands Corporation gathered the following information for Job #928: Standard Total Cost Actual Total Cost Direct materia

Eduardwww [97]

Question:

standard total cost Actual total cost

Direct material

Standard 2000 pints $3.50/pint $7,000

Actual 2,500 pints $5.00/pint $12,000

Answer:

Materials quantity variance= $1,750 unfavorable

Explanation:

<em>Material quantity variance occurs when the actual quantity used to achieved a given level of output is more or less than the standard quantity. </em>

<em>It is determined by the difference between the actual and standard quantity of material for the actual level of output multiplied by the the standard price </em>

pints

Standard quantity allowed 2,000

Actual quantity used <u> 2,500</u>

Quantity variance 500 unfavorable

Standard price <u> $3.50 </u>

Materials quantity variance <u>1,750 </u>unfavorable

Materials quantity variance= $1,750 unfavorable

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3 years ago

Which product is an example of a consumer good? stock share in a tech company dog food for a pet boarding facility paint sprayer

Tamiku [17]

The product that is an example of a consumer good is shop gallon of milk to use in a bowl of cereal. Consumer goods are mostly consumed immediately.

<h3>What are consumer goods?</h3>

Consumer goods are products or goods that are bought for consumption. Consumer goods are mostly finished products from a factory such as buscuit, cereals, milk, bread that can be sell on retail to the consumer.

The products are ate and mostly bought for personal use from a supermarket, store or exhibition.

Most of the consumer products can be consumed without any further processing.

Areas with high rate of consuming consumer products will have economic growth this is because the increase in it's demand help to improve economy.

Therefore, The product is an example of a consumer good is shop gallon of milk to use in a bowl of cereal.

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1 year ago

| 50 POINTS | If The Oil Prices Around The World Rise , What Will Happen To The Oil Production In Texas?

timofeeve [1]

The oil will increase in texas

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3 years ago

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