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vodka [1.7K]
2 years ago
11

True or false: The primary function of financial accounting is to provide useful financial information to users who are internal

to the business. True false question. True False
Business
1 answer:
iVinArrow [24]2 years ago
8 0
I think the answer is true
You might be interested in
Junk bonds are high-risk, high-yield debt instruments. They are often used to finance leveraged buyouts and mergers, and to prov
Luda [366]

Answer:

true              

Explanation:

Junk bonds can be defined as the bonds that require a higher default risk than most corporate and government issued bonds. A bond is indeed a debt or promise to pay interest payments to investors in return for purchasing the bond and the return of the invested principal.

Junk bonds depict debt issued by financially struggling companies with a significant risk to defaulting or failing to pay even their own monthly payments or reimbursing the principal to lenders. Thus, from the above we can conclude that the given statement is true.

3 0
4 years ago
Mike and Tom debone chicken breasts for Ted's Chicken Co. Mike is new and can only debone 30 chicken breasts per hour, while Tom
vodka [1.7K]

Answer:

Their average hourly productivity as a team for chicken breasts will be

45.

Explanation:

Here, it is given that Mike and Tom debone chicken breasts for Ted' chicken company.

Mike debones 30 chicken breasts,

Meanwhile Tom is having his own experience in this work and knows how to calculate the hourly work

So, Tom allows Mike to debone only 60 chicken breasts per hour.

Now its mentioned that both Tom and Mike had worked 40hrs per week.

So, their average hourly productivity as a team will be:

                 frac\ {{30} +{60}} {2}

                    ⇒ 45

So, their average hourly productivity as a team for chicken breasts will be 45.

7 0
3 years ago
A private not-for-profit entity receives three large cash donations: One gift of $75,000 is restricted by the donor so that it c
kupik [55]

Answer:

$310,000

Explanation:

Calculation to determine the increase in the current year in net assets with donor restrictions

Using this formula

Net assets current year Increase=Restricted gift by donor+Restricted gift to pay salary+Restricted gift withheld+Unspent income earned

Let plug in the formula

Net assets current year Increase=$75,000+$95,000+$125,000+$15,000

Net assets current year Increase=$310,000

Therefore the increase in the current year in net assets with donor restrictions will be $310,000

8 0
3 years ago
Under ideal conditions inflation should not have any blurring effect on price signals. If wages and prices are rising at a const
fgiga [73]

Answer:

1. Adjustments of or changes in price are not smooth or synchronized.

2. Inflation rarely have impact on the prices of inputs.

3. The concentration of sellers is more on nominal prices of goods than real prices.

Explanation:

Inflation can be described as a sustained increase in the general price level of commodities within a country over a period of time.

The following are the reasons inflation in the real world result in shortages and surpluses:

1. Adjustmensts of or changes in price are not smooth or synchronized.

2. Inflation rarely have impact on the prices of inputs.

3. The concentration of sellers is more on nominal prices of goods than real prices.

5 0
4 years ago
Which channel for consumer goods would be best if creators of products wanted to opt out of selling directly to consumers and in
lukranit [14]

The question is incomplete, it lacks options.

A. Producer to retailer to consumer

B. Producer to broker to wholesaler to retailer to consumer

C. Producer to consumer

D. Producer to agent to consumer

E. Producer to wholesaler to retailer to consumer

Answer:

Producer to retailer to consumer

Explanation:

Marketing channels can be described as the different mediums in which goods are made available to the consumers.

Selling through intermediaries is a marketing channel through which goods are supplied to the consumers through a middleman such as a retailer. These intermediaries helps a company to promote and sell their products in the market.

This type of marketing channel is known as an indirect channel of distribution.

5 0
3 years ago
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