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valentina_108 [34]

3 years ago

13

Managerial accountants would be responsible for providing information regarding a.profit reports to owners and management b.tax

reports to government agencies c.expansion of a product line report to management d.consumer reports to customers

1 answer:

Cerrena [4.2K]3 years ago

5 0

Chicken nagges chicken nagges

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Pat Buhn is the new owner of Young Co. She has heard about internal control but is not clear about its importance for her busine

otez555 [7]

Answer: Physical safeguard & security, Accuracy, Segregation of duties, Handling errors

Explanation:

Internal control could be defined as the process of handling an organization accounting and auditing process with it's specified objectives in compliance with laws, regulations and policies.

Here are the four purpose of internal control;

a) Physical safeguard & security; this is to ensure that physical assets and information have a controlled asses, and it's not easily assessible by anyone.

b) Accuracy: this is to ensure that all transactions are accurate when records are checked with the source of information where the transaction took place and the time it occurred.

c) Segregation of duties; this ensures that one individual cannot have access to the recording of information and processing of transaction.

d) Handling errors; this ensures that errors are checked at any stage with transaction occurred with corrections also made

5 0

3 years ago

You are product manager for a company that manufactures copy machines for offices. Therefore, you will most likely

mario62 [17]

Answer:

The correct answer is d. use both personal selling and advertising.

Explanation:

Advertising and personal sales are very related business processes that constitute the volume of a company's activity in marketing and promotion. Advertising and personal sales are methods used by companies to convey the benefits of their brand, product and services to the market. However, they are different views of marketing.

3 0

3 years ago

We are evaluating a project that costs $1.68 million, has a six-year life, and has no salvage value. Assume that depreciation is

zvonat [6]

Answer:

Best-Case Worst-Case

NPV NPV

PV of cash inflows $2,897,706 $3,187,477

PV of project cost $1,680,000 $1,848,000 ($1,680,000 * 1.1)

NPV $1,217,706 $1,339,477

Explanation:

a) Data and Calculations:

Initial project cost = $1.68 million

Project's estimated life = 6 years

Salvage value = $0

Depreciation expense = $280,000 ($1.68 million/6)

Income Statement:

Sales revenue (90,000 * $37.95) = $3,415,500

Cost of goods sold:

Variable cost (90,000 * $23.20) = 2,088,000

Gross profit = $1,327,500

Fixed costs = 815,000

Income before tax = $512,500

Income tax (21% of $512,500) = 107,625

Net income = $404,875

Add depreciation expense 280,000

Annual cash inflows = $684,875

PV annuity factor for 6 years at 11% = 4.231

PV of annual cash inflows of $684,875= $2,897,706 ($684,875 * 4.231)

Annual cash inflows = $753,363 ($684,875 * 1.1)

PV of annual cash inflows of $753,363 = $3,187,477 ($753,363 * 4.231)

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3 years ago

Finding a niche with a subscription business model. Dole shave club

pychu [463]

Answer:

you can start a cyber cafe like modern theme of mechanism you can put there some cats there or some toy cars

6 0

3 years ago

To estimate the average time taken to complete the Stat 121 final exam, instructors randomly selected 150 students that had prev

Sidana [21]

Answer:

The population mean

Explanation:

The confidence interval gives the probability that a certain population parametwr falls in between a pair values based on the given sample mean and a stated confidence level.

The confidence interval ; (98, 142) gives the pair of interval in which the population mean time taken in stat 121 finals at 98% level of confidence.

Hence, we can be 98% confident that the the population parameter would fall within 98 and 142.

7 0

3 years ago